CBSL requests Govt to phase out remaining import restrictions; official reserves surpass USD 3bn
The Monetary Board of the Central Bank requests the Government to consider phasing out the remaining restrictions on most items of merchandise …
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Central Bank commences monetary easing; cuts SDFR & SLFR by 2.5-pct
Sri Lanka's Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central …
Sri Lanka headline inflation down to 25.2-pct in May 2023
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decreased to 25.2 percent in …
Opinion: Need for Hybrid Workplace for Today’s Businesses
By Sajani Kaushalya Many businesses are rethinking their conventional working structures in light of the many changes taking place in the world. …
Courtyard by Marriott Colombo hosts Sri Lanka open 2023 Pro-Am golf tournament
Marriott Bonvoy, Marriott International’s award-winning travel program, teamed up with Courtyard by Marriott Colombo to host the Sri Lanka Open …
Ayodhya Iddawela Perera to take over as Sampath Bank MD from 01st July 2023
Ayodhya Iddawela Perera will take over as the next Managing Director of Sampath Bank PLC effective from the 1 st of July 2023. She will succeed the …
John Keells Group crisis response initiative records promising impact among multiple communities
In the wake of Sri Lanka’s unprecedented socio-economic crisis in early 2022, the John Keells Group launched a multi-pronged Crisis Response …
Chinese Foreign Affairs Vice Minister pays courtesy call on President, affirms support for recovery
President Ranil Wickremesinghe received a courtesy call from Sun Weidong, the Vice Minister of Foreign Affairs from the People's Republic of China. …
Prabath Malavige Elevates to Managing Director at Sri Lanka Ports Authority
Senior Port Management and Logistics Professional Prabath J. Malavige has been promoted to the position of Managing Director at the Sri Lanka Ports …
Brazilian technical assistance to dairy and sugarcane industries in Sri Lanka
High-Level Technical Team of eight professionals from the Federal University of Viçosa, Federal University of Sao Carlos and the Brazilian …
Sri Lanka and China to commence 12th round of Diplomatic Consultations
Vice Minister of Foreign Affairs of the People’s Republic of China Sun Weidong will lead a Foreign Ministry delegation to Sri Lanka from 29 May to …
New online passport application system initiated; Passports to be delivered within 3 days
The Immigration and Emigration Controller General, Harsha Ilukpitiya, announced that President Ranil Wickremesinghe's initiative to digitize public …
Food insecurity improves in SL but prevails within specific regions; 17-pct in moderate acute food insecurity: FAO & WFP
Food security in Sri Lanka is improving across all provinces, according to the Crop and Food Security Assessment Mission (CFSAM) report jointly …
Building on President’s Call in Tokyo, Harsha Calls for Greater Trade Integration for Debt Sustainability
Harsha de Silva, MP, delivered a poignant speech in Parliament recently building on the speech by President Ranil Wickeremasinghe at the Nikkei Asia …
Merchandise exports decreased by 16-pct in April 2023 compared to April 2022
Sri Lanka’s merchandise exports decreased by 16.15 % to US$ 814.1 Million in April 2023 compared to April 2022. Moreover, it is a 0.5 % decrease …
Eran Submits private members Bill to make declaration of Assets and Liabilities public
Opposition Parliamentarian Eran Wickramaratne today submitted a private member's Bill to amend the Declaration of Assets and Liabilities Law, No.1 of …
Rajeev Abeysekara bags Sony World Photography Awards 2023 national award for his scintillating capture
Sony World Photography Awards, one of the most prestigious global platforms in the photography industry for individuals to showcase their talent, has …
Removing PUCSL Chair via Parliament a threat to democracy and good governance: Eran
Judicial Precedence proves independent commissioners can seek court order to ensure their orders carried out Eran Wickramartne MP speaking on the …
Sri Lanka welcomes G7s announcement to build constructive relationship with China: President
Sri Lanka welcomes the G7s announcement that they are prepared to build a stable and constructive relationship with China, President Ranil …
Opinion: Putting customer needs first, shifting focus from flashy tech in BFSI
By Janaka Ediriweera In 2018, Nicky Morgan MP, the head of the powerful Treasury Committee (in the UK), demanded answers from the chief executives of …
Fitch Assigns Hayleys First-Time AAA(lka) National Rating; Outlook Stable
Fitch Ratings has assigned Sri Lankan conglomerate Hayleys PLC a National Long-Term Rating of 'AAA(lka)'. The Outlook is Stable. Fitch has also …
JKH recurring EBITDA grows by 17-pet to Rs.45.7Bn for 2022/23
The Group reported a resilient performance during the year, amidst the unprecedented challenges in the operating environment, recording a recurring …
IMF staff concludes visit; says restructuring agreements by first review essential to restore debt sustainability
Achieving timely restructuring agreements with creditors in line with the program targets by the time of the first review is essential to restoring …
Sri Lanka signs contract with Sinopec to secure a continuous fuel supply
The signing of an agreement with Sinopec, a leading international petroleum company, ensuring a stable and continuous supply of fuel for Sri Lanka …