Japan commits to Promoting Economic Governance through Anti-corruption Policy Support in SL
MIZUKOSHI Hideaki, Ambassador of Japan to Sri Lanka and Ms. Azusa Kubota, Resident Representative, United Nations Development Programme (UNDP) Sri …
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Siddhalepa’s Kekulu Children’s art competition 2023
Siddhalepa, the esteemed Ayurvedic entity in the island, celebrated the resounding success of its ninth annual Kekulu Children's Art Competition, …
PetDoc wins gold and silver at NBQSA National ICT Awards
PetDoc, the trailblazer in pet health services in Sri Lanka, is thrilled to announce its recent achievements at the NBQSA National ICT Awards 2023. …
CCC Outlook 2024: Anticipated rebound depends crucially on effective debt restructuring
The 9th edition of the annual flagship Outlook Report for 2024 by The Ceylon Chamber of Commerce was recently launched at the Economic Outlook 2024 …
All Island Dairy Association raises alarming concerns about detrimental impact of VAT
The All Island Dairy Association (AIDA) has voiced grave concerns regarding the Sri Lankan government's proposed increase in the Value Added Tax …
Sri Lanka Embraces Indian Tourists with Virtual Launch of UPI Transactions via LankaQR
In a ground-breaking move aimed at enhancing the convenience and security of digital payments for Indian tourists in Sri Lanka, a virtual launch …
Hidden Fees in Electronic Card Payments: A Call for Action
Sumedha Amarasinghe, the Deputy Secretary of the Association of Leasing and Debt Instalment Payers, has highlighted a significant issue with …
Police warn against improper leasing practices; court order mandated for repossession upon resistance
The Inspector General of Police (IGP) has issued a directive to all officers, highlighting concerns regarding the improper acquisition of vehicles …
Harsha de Silva Re-appointed as the Chair to the Committee on Public Finance
Member of Parliament Harsha de Silva has been re-appointed as the Chair to the Committee on Public Finance. The Committee of Selection had nominated …
Power Purchase Agreement for 100 MW Ground Mount Solar Power Project in Siyambalanduwa
A power purchase agreement for the 100 MW Ground Mount Solar power project in Siyambalanduwa was signed by Rividhanavi (Pvt) Limited with CEB …
Hemas Holdings reports revenue growth of 10.3-pct in 2023/24 first nine months performance
Amidst the backdrop of relatively stable operating conditions in the domestic economy, Hemas Holdings PLC (HHL) demonstrated a steady performance in …
Relaxation of restrictions imposed on standing facilities
The Central Bank of Sri Lanka introduced restrictions on the usage of the Standing Facilities by the Licensed Commercial Banks (LCBs) under the Open …
Fitch Assigns Asia Asset Finance a First-Time Rating of ‘A+(lka)’; Outlook Stable
Fitch Ratings has assigned Sri Lanka-based Asia Asset Finance PLC a first-time National Long-Term Rating of 'A+(lka)' with a Stable outlook. Asia …
Patrick McNamara Joins the United States-Sri Lanka Fulbright Commission as Executive Director
The U.S. Embassy in Sri Lanka is pleased to announce Dr. Patrick McNamara, as the new Executive Director of the United States-Sri Lanka Fulbright …
UNICEF welcomes commencement of amendments to Children & Young Persons Ordinance
UNICEF welcomes the long-awaited amendment to the Children and Young Persons Ordinance (CYPO) coming into force effective January 1, 2024, which …
Online Safety Act: Transparency International Sri Lanka demands corrective action
Transparency International Sri Lanka (TISL) expressed its strong disapproval regarding the Sri Lankan government's passage of the Online Safety Act, …
SEC Sri Lanka Introduces a Mechanism to Report Social Media Wrongdoings
With the rapid evolution of communication channels and the increase of social media influence in the financial markets, the Securities and Exchange …
Sri Lanka and World Bank sign USD150 mn deal to strengthen financial sector resilience
The Government of Sri Lanka (GOSL) and the World Bank signed an agreement for $150 million in financing for Sri Lanka to strengthen the resilience of …
UK strengthens response capabilities for marine pollution incidents in SL
A team of UK-based pollution response experts delivered the workshop “Working Towards Proactive Environmental Preparedness in Sri Lanka”, with …
The Pekoe Trail profiled among “Top 20 Travel Destinations for 2024″
National Geographic announced their picks for BEST OF THE WORLD 2024, the brand’s annual guide of the most exciting, meaningful, and one-of-a-kind …
Australia & Sri Lanka signed AUD 30mn subsidiary arrangement to support improved governance
On 30 January 2024, Australia and Sri Lanka signed a 10-year subsidiary arrangement that commits an initial AUD 30 million (LKR 6.3 billion) over …
March 12 Movement Denounces Online Safety Bill Passage, Citing Constitutional Concerns
The March 12 Movement, a civic activist group in Sri Lanka, has strongly denounced the passage of the Online Safety Bill on January 24th, 2024, which …
RIUNIT Webinar: IMF, geopolitics, and Sri Lanka’s economic sovereignty
Sri Lanka, facing internal and external challenges, grapples with the aftermath of its external debt crisis, exacerbating existing economic issues. …
JKH records strong growth in EBITDA to Rs.13.7 Bn in Q3 2023/24
John Keells Holding says during the quarter under review, the Group reported a strong performance with all industry groups recording a growth in …