Port City Economic Commission Act to be amended to enhance global competitiveness
The Cabinet of Ministers has approved the proposal presented by the President in his capacity as the Minister of Investment Promotion to instruct the …
TISL Challenges Controversial VFS Visa Deal in Supreme Court
A fundamental rights petition (SC/FR/221/2024) was filed in the Supreme Court today (July 30) by Transparency International Sri Lanka (TISL) calling for action …
JKH records EBITDA of Rs.7.7Bn in Q1 2024/25, down 13-pct from year ago
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group EBITDA in the first quarter of …
Thilak Piyadigama takes the helm at WEBXPAY
In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama, a veteran with over three decades of …
Maharaja Foods Ltd launches pioneering IPO on CSE’s empower board
Maharaja Foods Limited, marked a significant milestone on 26th July 2024, becoming the first woman-owned enterprise in the agribusiness sector with roots in …
Softlogic Stockbrokers’ Investment Platform “StockGPT” Enhanced with Azure OpenAI Service
Organizations across all industries and of all sizes are leveraging Microsoft AI’s versatile and cutting-edge solutions to achieve remarkable outcomes. …
NVQSL 3 and 4 exams in Israel to evaluate skills of Sri Lankan caregivers
The Embassy of Sri Lanka in Israel in collaboration with the National Apprentice and Industrial Training Authority (NAITA) and the Tertiary and Vocational …
Time is running out: JAAF calls on GoSL to urgently reconsider SVAT abolition
With the countdown to the forthcoming abolition of the Simplified Value-Added Tax (SVAT) system ticking down to an end date of 1 st April 2025, the apex body …
Balancing wages and well-being: A sustainable future for Sri Lanka’s Plantation sector
By Dr. Dan Seevaratnam Sri Lanka continues to grapple with severe economic challenges that affect all its citizens, including those in the plantation sector. …
Justice Sector Goes Digital: Launch of the Commercial High Court Website
The justice sector in Sri Lanka took a significant leap forward with the successful launch of the Commercial High Court website www.colchc.gov.lk/home, …
Presidential Election to be held on September 21
The Election Commission of Sri Lanka has issued the Gazette notification announcing the date of the 2024 Presidential Election and the date for accepting …
Ministerial Sub-Committee’s Report on Effective RAMIS System Utilization Presented to the President
The report from the Cabinet Sub-Committee appointed to investigate and recommend effective utilization of the Revenue Administration Management Information …
Ceylon Chamber calls on Government to Revisit Visa strategy
The Ceylon Chamber of Commerce requests the Government to consider all aspects of the new eVisa issuance process and review the pricing in the larger interest …
Lower Generation Costs Support CEB’s Tariff Cut; No Immediate Risk to IPP Payments: Fitch Ratings
Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will stay adequate to service debt despite a 22.5% tariff cut from 16 July 2024, Fitch Ratings …
Prime Minister and Ministers Give Green Light to Operationalizing Citra 3.0
The Prime Minister of Sri Lanka, Hon. Dinesh Gunawardena convened a meeting yesterday with the co-chairs of the Citra Social Innovation Lab Governance Board, …
US-SL Fulbright Commission Fosters Opportunity for Sri Lankans to Pursue US Educational Opportunities
Through the work of the United States-Sri Lanka Fulbright Commission, the United States and Sri Lanka support and encourage academic exchanges between both …
Onomichi Dockyard MD Visits HIP to Seal Partnership
The Managing Director of Onomichi Dockyard Company, Japan, and Director of Colombo Dockyard PLC (CDPLC), Kunio Kobatake, recently visited Hambantota …
Japan Officially Notifies Sri Lanka of Its Decision to Resume Disbursement to Yen Loan Projects
Following the completion of the signing of Memorandum of Understanding (MOU) between the Official Creditor Committee (OCC) and Sri Lanka on 23 July and the …
SEC Signs MOU with Maldives Capital Market Regulator, Paving the Way for Maldivian Companies to List on CSE
This will pave the way for Maldivian Companies list on CSE’s Multi-Currency Board Facilitates regulatory information exchange, capacity building …
Export Performance in Sri Lanka Sees 2.58-pct Growth in June 2024
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an …