Palali-Achchuveli Main Road Reopens after 3 decades
Following directives from President Anura Kumara Dissanayake, the Palali-Achchuveli main road was reopened today (01) after three decades of closure. The road, …
President Appoints Hans Wijayasuriya as Chief Advisor on Digital Economy
President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has …
Opinion: Sri Lanka could be positioned as a New Haven for Global Talent in a Time of Conflict
By Jithendra Antonio In a world increasingly fragmented by geopolitical conflict, Sri Lanka has a remarkable opportunity to establish itself as a sanctuary for …
TISL Raises Alarm Over Violation of Election Laws by Palmyrah Development Board
Transparency International Sri Lanka (TISL) has filed a formal complaint with the Election Commission of Sri Lanka (ECSL) regarding recent appointments made at …
Glovis Dual Fuel LNG RORO Carrier Docks at Hambantota International Port
The LNG (liquefied natural gas) dual-fuel RORO vessel Glovis Selene made its maiden call at the Hambantota International Port (HIP) last week, unloading 627 …
Got Trapped in a Digital Scam? 5 Smart Steps to Secure Yourself Quickly
As shoppers start to spend more digitally, fraudsters actively seek vulnerable shoppers for financial scams. Emerging digital payment frauds can catch even the …
Sri Lanka’s September 2024 merchandise exports dip by 3.5-pct
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in September 2024 amounted to US$ 937.95 million, recorded a …
Sri Lanka CERT alerts Public to Beware of Fake Messages on social media
The Sri Lanka Computer Emergency Readiness Team (CERT) today issued an alert to the public about the surge in fake messages being disseminated via social media …
Noyon celebrates over a century of lace heritage and 20yrs of design and craftsmanship in Sri Lanka
Noyon Lanka (Pvt) Ltd, a leader in lace design and sustainable textile manufacturing, marked its 20-year anniversary in Sri Lanka with a special event under …
Eshan Pieris secures championship runner-up in GT World Challenge Asia 2024
The 2024 GT World Challenge Asia season concluded last month with a gripping finale at the Shanghai International Circuit, China. In a weekend filled with …
Evolving apparel industry models: Hela and Reebok’s partnership to capitalize on verticality
Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with …
CFA Charter – The Key to Unlocking Global Career Success
CFA Society Sri Lanka recently hosted an inspiring fireside chat and networking event titled "The CFA Program Advantage: Pathways to Career Excellence." The …
Fitch Downgrades Kotagala Plantations to ‘CCC(lka)’
Fitch Ratings has downgraded Kotagala Plantations PLC's National Long-Term Rating to 'CCC(lka)', from 'B+(lka)', and its listed unsecured debentures of LKR251 …
Mangala Wijesinghe Assumes Duties as 16th Chairman of Sri Lanka Export Development Board
Mr. Mangala Wijesinghe officially assumed duties as the 16th Chairman of the Sri Lanka Export Development Board (EDB) on October 16 at the EDB headquarters. He …
Sampath Bank strengthens global ties with USD 750Mn investment in SBI syndicated loan
Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term …
Driving global change: GSCS International and JAAF lead in sustainable development
GSCS International Ltd, with a global presence in over 35 countries, offers steady, sustainable, and enduring development as a provider of certification, …
Opinion: A Low Productivity Trap? Strengthening Skills, Jobs & Public Sector Efficiency in Sri Lanka
By Himani Vithanage Sri Lanka experienced six consecutive quarters of negative economic growth up to the third quarter of 2023. This downturn has had a …
Union Bank Partners with Micro Cars Limited to provide customers with convenient leasing facilities
Union Bank recently signed a MOU with Micro Cars Limited to provide customers with convenient leasing facilities, coupled with added benefits. The MOU was …
UN Assistant Secretary General concludes visit; reinforces support to national development agenda
United Nations Assistant-Secretary-General (ASG), United Nations Development Programme (UNDP) Regional Director for Asia and the Pacific, Ms. Kanni Wignaraja …
Opinion: VAT Hike in Sri Lanka: Who Really Pays the Price?
By Priyanka Jayawardena Earlier this year, Sri Lanka introduced major changes to the Value Added Tax (VAT) system. The VAT rate increased from 15% to 18%, and …