Pacific Textiles Chairman Masaru Okutomi appointed Director of Teejay Lanka
Teejay Lanka PLC has announced the appointment of Masaru Okutomi, the Chairman and CEO of Pacific Textile Holdings Limited of Hong Kong, as a …
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Eran queries purpose of maintaining COPE if it cannot take actions
SJB MP Eran Wickremaratne speaking on the debate on COPE report in Parliament expressing his dismay said it was unfortunate that the COPE committee …
CAL Launches IPO Portal to Empower Investors
Capital Alliance (CAL) is empowering private investors with the chance to capitalize on investment opportunities by subscribing to Initial Public …
CICT declared Asia’s Best Container Terminal under 4 million TEUs category
Colombo International Container Terminals (CICT) has continued its winning streak on the global stage by winning the award for the ‘Best Container …
US Ambassador pays farewell call on Foreign Minister
Ambassador of the United States of America to Sri Lanka Alaina B. Teplitz paid a farewell call on Foreign Minister Professor G.buy avanafil online …
Meeting between CBSL Governor and Governor of Qatar Central Bank
The Governor of the CBSL, Ajith Nivard Cabraal had discussions with the Governor of QCB, Sheikh Abdulla Bin Saoud Al-Thani, regarding CBSL and QCB …
First Capital Treasuries PLC announces upcoming Initial Public Offering
First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer recently announced the firm’s intention to enter an Initial Public …
PickMe named amongst the World’s Most Agile
This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride hailing company …
Fitch Ratings: Is Sri Lanka Headed for Default?
Sri Lanka’s external liquidity position remains stressed, with USD26 billion in sovereign foreign-currency obligations coming due between now and …
Monetary Policy Consultative Committee reconstituted
The Monetary Policy Consultative Committee (MPCC) of the Central Bank has been reconstituted with effect from 5 October 2021. The reconstituted MPCC …
Pandemics & Disruptions: Safeguarding Lives and Livelihood of Sri Lankans
By Suresh Ranasinghe The impact of COVID-19 on Sri Lanka’s labour market, education, migration, and health sectors were discussed at the second …
TISL wants FIU of CBSL to investigate into potential money laundering cases in Pandora Papers
Transparency International Sri Lanka (TISL) once again draws the attention of the general public to the serious concerns that were brought to light …
SL energy crisis needs streamlined long term policy framework from CEB: Snr Engineers Ass
Senior Engineers of CEB has launched a new movement to uphold policy consistency Plans to focus Energy Crisis in Sri Lanka through expediting the …
Rapid development for communication infrastructure in remote areas
President Gotabaya Rajapaksa's goal is to utilize the telecommunication development fees to develop the communication infrastructure in remote areas, …
Export Advisory Committees appointed covering 24 sectors for 5 years
Export Advisory Committees have been appointed by the trade minister covering 24 sectors for a period of 5 years (from 2021 to 2026). In terms of …
Experts discuss framing a green development pathway for Sri Lanka
Experts from the government, private sector, UN agencies, think tanks, and other development partners, came together at this week’s kickstarter …
COVID-19 and the Sri Lankan Economy: Policy Choices and Trade-offs
By Chathurrdhika Yogarajah: Sri Lanka’s macro-economic outlook amidst the COVID-19 pandemic came under the spotlight at a webinar panel discussion …
New Circular on issuing mining, transportation & trade permits for metals, sand, soil, gravel & clay
A new Circular will be issued to give effect to the process of issuance of permits for mining, transportation and trade of metals, sand, soil, gravel …
Fitch Downgrades Bimputh Finance to ‘CC(lka)’; Removes Negative Watch
Fitch Ratings has downgraded Bimputh Finance PLC's National Long-Term Rating to 'CC(lka)' from 'B-(lka)'. The rating has been removed from Rating …
State Minister Balasuriya and BOI woo French investment to Sri Lanka
State Minister of Regional Cooperation Tharaka Balasuriya, along with the Chairman of the Board of Investment Sanjay Mohottala, carried out a series …
USAID’s Private Sector Development project signs MOU with HNB to expand financing to MSMEs
The U.S. Agency for International Development’s (USAID) Private Sector Development project signed a Memorandum of Understanding (MOU) with Hatton …
CBSL maintains policy rates; near term supply side developments do not warrant policy tightening
The Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central …
Sri Lanka remains committed to principles and goals of the Non-Aligned movement – State Minister Balasuriya
State Minister Tharaka Balasuriya represented Sri Lanka at the Commemorative High-Level Meeting on the occasion of the 60th anniversary of the …
Swarnamahal Financial Services to resume business for 6 months for limited purpose
The Monetary Board of the Central Bank has made an order permitting Swarnamahal Financial Services PLC (SFSP) to resume business for a limited period …