CFA Society Sri Lanka Presents Course on Key Economic Indicators for Business Success
CFA Society Sri Lanka is pleased to announce an exclusive course on "Understanding Key Economic Indicators for Business Success," presented by the CFA Society …
Swiftcourt entering Sri Lanka market with Blockchain-Enabled Escrow Payment Service supported by XVC Tech & XDC Network
Swiftcourt, the leading platform for secure consumer-to-consumer (C2C) transactions in Europe, is set to revolutionize the global marketplace landscape by …
Vision Care Brings World’s First Sensor-Driven Brain Hearing Technology to Sri Lanka
Vision Care Hearing Solutions, a leading provider of hearing care solutions in Sri Lanka and a part of Vision Care, the largest vision and hearing care …
Fitch affirms Merchant Bank of Sri Lanka and Finance at ‘BBB+(lka)’; Outlook stable
Fitch Ratings has affirmed Merchant Bank of Sri Lanka & Finance PLC's (MBSL) National Long-Term Rating at 'BBB+(lka)'. The Outlook on Stable. MBSL is 84.5% …
Gevorg Sargsyan Announced as World Bank Group Country Manager for Sri Lanka
Starting today, Gevorg Sargsyan becomes the World Bank Group Country Manager for Sri Lanka, a position that will unify country-level leadership across the …
Hemas Holdings announces appointment of Ajith Fernando & Supun Weerasinghe as Directors
Hemas Holdings PLC announced the appointment of Ajith Fernando and Supun Weerasinghe as Independent Non-Executive Directors, effective 1st July 2024. …
Central Bank announces implementation of Banking (Amendment) Act, No. 24 of 2024
The Central Bank of Sri Lanka (CBSL) wishes to announce the implementation of the Banking (Amendment) Act, No. 24 of 2024, effective from 15.06.2024. These …
Eshan Pieris bags silver class win at Fanatec GT world challenge Asia
Eshan Pieris arrived back in Sri Lanka this week after achieving a remarkable Silver Class win in the Fanatec GT World Challenge Asia 2024 held at Fuji …
U.S. Embassy in Colombo Commemorates 248 Years of American Independence
The U.S. Embassy in Colombo celebrated the 248th anniversary of the independence of the United States of America with a festive event hosted by U.S. Ambassador …
Ceylon Chamber of Commerce Re-elects Chairman Duminda Hulangamuwa & Board for 2024/25 at AGM
The Ceylon Chamber of Commerce announced the re-election of its Board for the Year 2024/25 at the Chamber’s 185th Annual General Meeting on June 27. …
Federal Reserve should wait to reduce its policy rate until at least late 2024, recommends IMF staff mission
Despite the important progress to-date in returning inflation toward its 2 percent goal, the Federal Reserve should wait to reduce its policy rate until at …
Opinion: Establishing a Climate Change Fund – A Crucial Step for Sri Lanka’s Economic Future
By Jithendra Antonio Sri Lanka is at a critical juncture. Ranked 116th out of 182 countries on the climate vulnerability index, the nation faces escalating …
SLBA rejects “misconceived” diatribe against lending and debt recovery practices of banks
The Sri Lanka Bank’s Association (SLBA) has rejected a reported recent tirade against banks by two senior lawmakers, describing their remarks as …
Administrative penalties imposed by FIU on Financial Institutions from Jan 1st to Apr 30th 2024
By virtue of the powers vested under Section 19(1) read together with section 19(2) of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), …
Special Statement by President Ranil Wickremesinghe
Following is the special statement delivered by the President : Today marks a significant milestone in the recent history of our country, a special …
Sri Lanka concludes negotiations with Official Creditor Committee & China Exim Bank
Sri Lanka has concluded negotiations with the Official Creditor Committee (OCC), marking pivotal strides towards stabilizing its financial footing amid recent …
Fitch Downgrades Maldives’ Long-Term IDR to ‘CCC+’
FitchRatings has downgraded the Maldives' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-'. Fitch typically does not assign Outlooks …
CA Sri Lanka and SLIIT forge a new path for Accounting education excellence
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Sri Lanka Institute of Information Technology (SLIIT) recently forged a new path in …
Sri Lanka’s May Exports Up 9-pct from April
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in May 2024 amounted to US$ 960.2 million, recorded an …
Siddhalepa Ayurveda: 46 yrs of companionship for millions visiting Adam’s Peak
This year, Siddhalepa Ayurveda proudly celebrated its 46th consecutive year of conducting a health camp at Adam’s Peak. Since 1978, they have been at the …