National Single Window: A Game-Changer for Sri Lanka’s Trading Community
What is the National Single Window (NSW)? The National Single Window (NSW) is an integrated digital platform designed to streamline international trade by …
TikTok strengthens measures to combat misinformation ahead of SL’s Presidential election
As the Sri Lanka Presidential Election approaches on 21st September 2024, TikTok is intensifying its efforts to combat misinformation and uphold election …
ComBank becomes first bank in Sri Lanka to receive Corporate Finance Advisor licence from SEC
Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to receive a licence from the Securities and Exchange Commission of Sri Lanka (SEC) to …
Ceylinco Life to invest Rs 2 billion as Anchor Investor in DFCC Bank Green Bond
Ceylinco Life has announced it will break new ground by investing Rs 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in an emphatic …
Cordelia Cruises to begin 2025 season at HIP in June
Cordelia Cruise Lines completed its second season of calls at the Hambantota International Port (HIP) in September 2024. The scheduled 6 visits between …
JICA pledges further technical assistance to Power Sector Reforms
Sri Lanka is on a mission to revamp its state-owned enterprises, including the Ceylon Electricity Board (CEB) under the IMF Program, while the country is fully …
Parliament Approves Offshore Banking Regulations At Port City Colombo
Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking -- Prudent Management and Confidence, were officially …
TISL urges CIABOC to reconsider the unwarranted redacting of asset declarations, to the public
The asset declarations of over 100 persons who are obligated to submit their asset and liabilities declarations, including top officials and the President, are …
Federal Reserve Easing Cycle Will Be Mild and Slow by Historical Standards: Fitch Ratings
The US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes, Fitch …
Opinion: Potential Impact of a Clean, Development-Focused Government on Sri Lanka’s Stock Market
By Uddeepa Peiris As Sri Lanka navigates through a complex political and economic environment, the need for a shift in governance has become more apparent. …
Union Bank Launches 24 Hours Rapid Vehicle Leasing
Union Bank recently relaunched its leasing facilities with competitively low monthly rentals and 24 hours approval providing customers the flexibility …
CSE and DFCC Bank Forge Strategic Partnership through New MOU
The Colombo Stock Exchange (CSE) and DFCC Bank PLC (DFCC) signed a Memorandum of Understanding (MoU) recently with the aim of enhancing the facilitation of …
Fitch Revises UB Finance’s Outlook to Negative; Affirms Rating at ‘BB(lka)’
Fitch Ratings has revised the Outlook on Sri Lanka-based UB Finance PLC (UBF) to Negative from Stable and affirmed its National Long-Term Rating at
The Knox Journals: Passwordless Future of Security
Being productive has never been easier, thanks to our devices. From smartphones to smart homes, our lifestyles are now incredibly connected. But as this …
JAAF calls for urgent action on business visa issue
The Joint Apparel Association Forum (JAAF) called on the Sri Lankan government to urgently resolve ongoing challenges related to the issuance of short term …
MV EVER ARM makes first call at SLPA controlled Colombo East Container Terminal
The container vessel MV EVER ARM made its first call at the Colombo East Container Terminal (CECT) on September 5, 2024. The vessel is part of Evergreen's …
CBSL Eases Conversion Period for Export Proceeds
The Central Bank of Sri Lanka (CBSL) has announced a significant relaxation in the rules governing the conversion of export proceeds into Sri Lanka Rupees. …
Exponential increase in vessels arriving at Hambantota International Port for repairs & layups
There has been an exponential increase in the number of vessels arriving at Hambantota International Port (HIP) for repairs and layups this year, marking a …
SEC issues new directions on Whitelist Indices
With the objective of protecting the interest of investors seeking Shariah compliant investments and rationalizing the construction and publication of Shariah …
Rampant Misuse of Public Resources Obstructs a Free and Fair Election: TISL
Transparency International Sri Lanka (TISL) expresses deep concern over the rampant misuse of public resources reported during the 'Presidential Election …