Fitch 2023 Outlook: Most Sovereign Sector Outlooks Deteriorating, Global Rating Prospects More Balanced
Fitch Ratings’ ‘deteriorating’ 2023 sector outlook for global sovereigns reflects weaker global economic growth, rising funding costs and …
Fitch Ratings’ ‘deteriorating’ 2023 sector outlook for global sovereigns reflects weaker global economic growth, rising funding costs and …
Sri Lanka's economy is projected to register a real contraction of around 8.0 percent in 2022 and a gradual recovery from the second half of 2023, …
The Commercial Bank of Ceylon has announced the enabling of ‘Visa Direct’ and ‘Mastercard Send’ card-based fund transfer facilities for the …
In an earlier article, I shared certain learnings that I have gained over the years for an organisation to be successful when implementing …
The South Asian Federation of Accountants (SAFA), which represents over 400,000 accounting professionals, has appointed Vice President of the …
Former Prime Minister of the United Kingdom, David Cameron, visited Port City Colombo development project during a private trip to the island. …
Paris, France, Huawei and Orange have successfully achieved a new world record 1 of 157 Tbit/s transmission prototype testing over a 120 km fiber …
Former British Prime Minister David Cameron, who is on a personal visit to Sri Lanka, met President Ranil Wickremesinghe at the Presidential …
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index decreased to 57.2% in December 2022 from 61.0% in …
The Monetary Board of the Central Bank of Sri Lanka as a measure to strengthen the Non-Bank Financial Institutions Sector under the ‘Masterplan for …
The United States Agency for International Development (USAID) coordinates with Keells Supermarkets and Hatton National Bank (HNB) on an innovative …
First Capital Holdings PLC, a member of the Janashakthi Group, announced that Manjula Mathews has been appointed as the Deputy Chairperson to its …
The Food and Agriculture Organization of the United Nations (FAO), with funding through the United States Agency for International Development …
Red Wings, one of the leading private airlines of the Russian Federation, will start charter flight operations to Mattala International Airport in …
The Hambantota International Port (HIP) is supporting Colombo Dockyard PLC (CDPLC) to handle running repairs to vessels while they remain afloat in …
Dialog Axiata has announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network. …
As the first phase of the 500 jeeps to be given to the Sri Lanka Police under Indian loan assistance, 125 new jeeps were handed over to the police …
On the directions of President Ranil Wickremesinghe, the Government decides to reorganize the existing conventional institutional set-up and newly …
The Sri Lanka Export Development Board (EDB) signed a memorandum of understanding with the Swiss Import Promotion Programme (SIPPO) which operates …
A number of projects in the Hambantota International Port's Industrial Park are nearing completion, marking the success of 2022 as the 'Year of …
Dialog Axiata PLC, the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, announced the …
With the view of uplifting the hospitality education sector in Sri Lanka, the Swiss Hospitality & Management Academy (SHMA) of A. Baur & Co. …
December 20, 2022 (LBO) - There is a sadness that has permeated Sri Lanka’s business community and my circles of friends in the last few days, as …
Sri Lanka's Cabinet of Ministers has approved the new Central Bank of Sri Lanka bill which will be presented in Parliament next year. The original …