Privatisation is the need of the hour:Advocata
“At the interim budget last year, a list of SOEs reforms were provided to be restructured. 14 months later nothing has changed even in one SOE.”- Prof. …
Siddhalepa is named on LMDs most respected brand for year 2022
Siddhalepa, the pioneering Ayurvedic entity in Sri Lanka, was yet again ranked last month in LMD's 19th Annual Most Respected Brands for the year 2022. This …
HIP breaks record in RORO Transshipment: Half a Million units handled
The Hambantota International Port (HIP) clocked half a million transshipment units for this year in September 2023, surpassing the port’s previous year’s …
Australia and Sri Lanka renew Trade and Investment Framework Arrangement (TIFA)
A renewed Trade and Investment Framework Arrangement (TIFA) was signed yesterday between Australia and Sri Lanka. Paul Stephens, Australian High Commissioner …
Fitch affirms four Sri Lankan finance and leasing companies’ ratings; off RWN; Outlooks stable
Fitch Ratings has affirmed the support-driven National Long-Term Ratings of four Sri Lankan bank subsidiary finance and leasing companies (FLCs). The Outlooks …
Ceylon Chamber expresses deep concern over continued delays in establishing Digital ID
The Ceylon Chamber of Commerce, together with industry stakeholders, stresses the vital importance of implementing a Digital ID system to propel the …
Sri Lanka assumes Chair of Indian Ocean Rim Association (IORA) at 23rd Council of Ministers in Colombo
Sri Lanka assumed the chairmanship of the Indian Ocean Rim Association (IORA) at the 23rd IORA Council of Ministers which concluded in Colombo on 11 …
FitsAir celebrates one year of International Scheduled Passenger Services
FitsAir, the trailblazing privately-owned airline in Sri Lanka known for its affordability and punctuality, recently celebrated its one-year anniversary with …
WSO2 Ranked No. 5 In ‘Highest-Rated Cloud-Computing Companies to Work For’ List
WSO2, the leader in digital transformation technology, was recently recognized as one of the highest-rated cloud-computing companies to work for in the …
CSE integrates with TradingView to facilitate advanced charting via MyCSE
The Colombo Stock Exchange (CSE) is proud to announce the integration of TradingView Technical Charts which facilitates advanced charting via MyCSE portal, to …
Lower global growth forecasts for 2023 and 2024: IMF
The World Economic Outlook October Update says global growth is forecast to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024. The …
Fitch upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook stable
Fitch Ratings has upgraded Ceylon Electricity Board's (CEB) National Long-Term Rating and the rating on CEB's senior unsecure debentures to 'BB+(lka)', from …
CICT crowned best container terminal of its capacity in Asia for 7th consecutive year
Beats terminals in China, Indonesia and Thailand to win coveted AFLASaward in Under 4 million TEUs category Colombo International Container Terminals (CICT) …
Eran exposes SL’s plight of human capital flight; Govt. not bringing any solution to preserve health sector
Eran Wickramaratne, Member of Parliament of the Samagi Jana Balavegaya, accused the government of not bringing any solution or alternative arrangements to …
PwC Sri Lanka firms announce exit from PwC network, and their plans to join Deloitte network
The Sri Lanka firms of the PwC network have announced their decision to exit the network. The firms intend to join the Deloitte network, with effect from 28 …
Harsha proposes tax reforms to relieve burden on middle class and professionals
MP Harsha de Silva's Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses …
SEC & CFA Society Sri Lanka Collaborate to Promote “Enhancing Research Integrity” among Stock Broker Firms
The Securities and Exchange Commission of Sri Lanka (SEC) and the CFA Society Sri Lanka (CFASSL) recently joined forces to host a workshop aimed at …
Supreme Court Allows TISL to Intervene in X-Press Pearl Case
Earlier this year, Transparency International Sri Lanka (TISL) filed an intervention petition in the Supreme Court, seeking permission to intervene in Case No. …
Sri Lanka to take over Chair of Indian Ocean Rim Association; Ministers meet in Colombo next week
Ministers of Foreign Affairs of the Indian Ocean Rim Association (IORA) as well as other senior Ministers of IORA Member States and Dialogue Partners will …
Ceylon Tea promoted in Chile with 12 Sri Lankan Tea exporting companies
The Embassy of Sri Lanka in Brazil, which is concurrently accredited to the Republic of Chile, in collaboration with the Sri Lanka Tea Board organized ‘Sri …