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JICA Supports NWSDB to Transform Operations with Digital Solution

The National Water Supply and Drainage Board (NWSDB) is set to digitalize its operations with the introduction of a cutting-edge Electronic Document …

Borders and Budget: Visa reform will boost tourism and reverse brain drain

By Daniel Alphonsus Three million tourists are set to visit our shores next year. We will issue nearly as many online visas - millions too many. ETAs …

President to attend 3rd Belt & Road Forum for International Cooperation in China

President Ranil Wickremesinghe left for China to attend the 3rd Belt & Road Forum for International Cooperation. The President will engage in a …

Japan-Sri Lanka Free Trade Zone to be established in Bingiriya and Iranavila areas

Minister of State for Investment Promotion Dilum Amunugama, announced plans to establish a Japan-Sri Lanka Free Trade Zone in the country. He …

CSE creates awareness on Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL)

The Colombo Stock Exchange (CSE) conducted a series of virtual workshops and intends to continue more workshops on Regulated Short Selling (RSS) …

Privatisation is the need of the hour:Advocata

“At the interim budget last year, a list of SOEs reforms were provided to be restructured. 14 months later nothing has changed even in one SOE.”- …

Siddhalepa is named on LMDs most respected brand for year 2022

Siddhalepa, the pioneering Ayurvedic entity in Sri Lanka, was yet again ranked last month in LMD's 19th Annual Most Respected Brands for the year …

HIP breaks record in RORO Transshipment: Half a Million units handled

The Hambantota International Port (HIP) clocked half a million transshipment units for this year in September 2023, surpassing the port’s previous …

Australia and Sri Lanka renew Trade and Investment Framework Arrangement (TIFA)

A renewed Trade and Investment Framework Arrangement (TIFA) was signed yesterday between Australia and Sri Lanka. Paul Stephens, Australian High …

Fitch affirms four Sri Lankan finance and leasing companies’ ratings; off RWN; Outlooks stable

Fitch Ratings has affirmed the support-driven National Long-Term Ratings of four Sri Lankan bank subsidiary finance and leasing companies (FLCs). The …

Ceylon Chamber expresses deep concern over continued delays in establishing Digital ID

The Ceylon Chamber of Commerce, together with industry stakeholders, stresses the vital importance of implementing a Digital ID system to propel the …

Sri Lanka assumes Chair of Indian Ocean Rim Association (IORA) at 23rd Council of Ministers in Colombo

Sri Lanka assumed the chairmanship of the Indian Ocean Rim Association (IORA) at the 23rd IORA Council of Ministers which concluded in …

FitsAir celebrates one year of International Scheduled Passenger Services

FitsAir, the trailblazing privately-owned airline in Sri Lanka known for its affordability and punctuality, recently celebrated its one-year …

WSO2 Ranked No. 5 In ‘Highest-Rated Cloud-Computing Companies to Work For’ List

WSO2, the leader in digital transformation technology, was recently recognized as one of the highest-rated cloud-computing companies to work for in …

CSE integrates with TradingView to facilitate advanced charting via MyCSE

The Colombo Stock Exchange (CSE) is proud to announce the integration of TradingView Technical Charts which facilitates advanced charting via MyCSE …

Lower global growth forecasts for 2023 and 2024: IMF

The World Economic Outlook October Update says global growth is forecast to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in …

Fitch upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook stable

Fitch Ratings has upgraded Ceylon Electricity Board's (CEB) National Long-Term Rating and the rating on CEB's senior unsecure debentures to …

CICT crowned best container terminal of its capacity in Asia for 7th consecutive year

Beats terminals in China, Indonesia and Thailand to win coveted AFLASaward in Under 4 million TEUs category Colombo International Container Terminals …

Eran exposes SL’s plight of human capital flight; Govt. not bringing any solution to preserve health sector

Eran Wickramaratne, Member of Parliament of the Samagi Jana Balavegaya, accused the government of not bringing any solution or alternative …

PwC Sri Lanka firms announce exit from PwC network, and their plans to join Deloitte network

The Sri Lanka firms of the PwC network have announced their decision to exit the network. The firms intend to join the Deloitte network, with effect …

Harsha proposes tax reforms to relieve burden on middle class and professionals

MP Harsha de Silva's Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses …

SEC & CFA Society Sri Lanka Collaborate to Promote “Enhancing Research Integrity” among Stock Broker Firms

The Securities and Exchange Commission of Sri Lanka (SEC) and the CFA Society Sri Lanka (CFASSL) recently joined forces to host a workshop aimed at …

Supreme Court Allows TISL to Intervene in X-Press Pearl Case

Earlier this year, Transparency International Sri Lanka (TISL) filed an intervention petition in the Supreme Court, seeking permission to intervene …

Sri Lanka to take over Chair of Indian Ocean Rim Association; Ministers meet in Colombo next week

Ministers of Foreign Affairs of the Indian Ocean Rim Association (IORA) as well as other senior Ministers of IORA Member States and Dialogue Partners …