Central Bank reduces Statutory Reserve Ratio by 2-pct to inject liquidity into banking system
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 8 August 2023, decided to reduce the Statutory Reserve Ratio (SRR) …
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Hayleys Plantations pioneers sustainable tea tourism, signs MOU with Pekoe trail
Hayleys Plantations, a member of Sri Lanka's largest and most diversified conglomerate the Hayleys Group, has embarked on an exciting partnership …
CSE and stockbroker firms take lead in attracting Indian firms
“Invest Sri Lanka” is a series of forums organized by the Colombo Stock Exchange (CSE) in partnership with Stock Broker Firms, to promote foreign …
SJB will invest more in soft infrastructure such as health and education: Eran
SJB MP Eran Wickramaratne said that the health sector has become a death trap for patients. Importation of inferior medicine in the guise of …
U.S. State Department Coordinator on Global Anti-Corruption Richard Nephew to visit Sri Lanka
The United States Embassy in Colombo is pleased to advise of an upcoming visit from the U.S. State Department Coordinator on Global Anti-Corruption …
Central Bank launches Web Portal of Regional Development Department
The Central Bank of Sri Lanka Launched the dedicated Web Portal of the Regional Development Department (RDD Web Portal) on 04.08.2023, signifying its …
Ceylon Chamber Forges Partnership with Jharkhand Chamber
The Ceylon Chamber of Commerce recently hosted a networking event with a business delegation from the Federation of Jharkhand Chamber of Commerce and …
Seylan Bank enters Strategic Partnership with National Chamber of Exporters to Empower Sri Lanka’s Export Sector
Seylan Bank took a key step towards empowering Sri Lanka's export sector by forging a strategic partnership with the National Chamber of Exporters. …
JICA & NPD to improve Effective Public Investment Management for Economic revival of Sri Lanka
On 2nd of August, the detailed discussion on the progress and way forward was held on the ongoing technical cooperation project named, “Project for …
Green Milestone: Hiruras Wind Power Plant Inauguration by WindForce
On August 6th, Mannar, Sri Lanka, witnessed history as the Hiruras Wind Power Plant of WindForce PLC was inaugurated. Hon. Minister Kanchana …
Sobitha Rajakaruna takes oath as Acting President of Court of Appeal before President
Judge Sobitha Rajakaruna was sworn in as the Acting President of the Court of Appeal before President Ranil Wickremesinghe at the Presidential …
Driving customer-centric innovation in challenging times
By Sabry Ansar, Director, Head of CE Business - Samsung Electronics, Sri Lanka and Maldives In times of unprecedented challenges, the significance of …
IQA Sri Lanka, Shippers’ Academy, and Central Bank conducts islands premier corporate quiz
This year’s edition of Sri Lanka’s premier corporate quiz, The Global Commerce Quiz for the Governor’s Challenge Trophy will be staged at the …
Sri Lanka – India business networking event forges new collaborations
Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a …
Second Coconut Triangle to be launched in Northern Province: Minister of Plantation Industries
The second Coconut Triangle would be launched in the Northern Province this year consisting of the areas of Jaffna, Mannar and Mulaitvu Districts in …
Legal tender in Sri Lanka for domestic payments will remain as LKR not INR, clarifies CBSL
The legal tender in Sri Lanka for domestic payments and settlements will remain as Sri Lanka Rupees (LKR) and the authorization of INR as a …
SL Purchasing Managers’ Index (PMI) – Construction Industry
The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a …
Singer forges partnership with vivo to bring innovative smartphones to SL
Singer Sri Lanka PLC is delighted to announce its partnership with vivo, a prominent global smartphone manufacturer, as their official National …
Statement by Ali Sabry, on visit to Sri Lanka by Hayashi Yoshimasa, Minister of Foreign Affairs of Japan
My friend Minister HAYASHI, Konnichiwa, Ayubowan and Welcome to Sri Lanka, Friends from the media, It is an honour and a great pleasure for us to …
French President Emmanuel Macron to undertake a visit to Sri Lanka
French President Emmanuel Macron will undertake a visit to Sri Lanka on 28 July 2023 following the visit to the South Pacific region. This historic …
Sri Lanka apartment selling prices show consistent increase in last four months: RIUNIT
Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price LKR per SqFt has …
Sri Lanka’s path to sustainable growth: Embracing a social market economy
● Sri Lanka's Economic Challenge: A stark contrast between Tamil Nadu's expected growth of 14% and Sri Lanka's …
Sri Lanka ratifies Comprehensive Nuclear Test Ban Treaty
Sri Lanka deposited the instrument of ratification of CTBT with the UN Office of Legal Affairs (UNOLA) on 25 July 2023 at the UN Headquarters in New …
Another 7,000 Sri Lankans will get work visas this year: Korean Ambassador
Ambassador of the Republic of Korea, Miyon Lee said that during the second half of this year, 7,000 more Sri Lankans will be issued with visas to …