No elections I hold all the powers, you all do what you can, President’s signal: Eran
SJB Parliamentarian Eran Wickramaratne said that what President signaled implies that he would not hold the elections, he would protect Rajapaksas for the rest …
Australia keen to invest in SL mining, energy and agriculture sectors
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, trade and investment promotion and facilitation activities can …
Senior USAID official visits Sri Lanka to understand needs of food-insecure communities
The United Nations World Food Programme (WFP) welcomed Stephanie Wilcock, Director for Asia, Latin America and the Caribbean of the U.S. Agency for …
TISL files FR case regarding controversial medical supplies procurement through Indian Credit Line
Transparency International Sri Lanka (TISL) today filed a fundamental rights petition (SC/FR 65/2023) in the Supreme Court naming 47 Respondents, in relation …
US Support Trains Public Sector Accounting & Auditing Professionals on Accounting Standards & IT
The first group of Sri Lankan public sector accounting and auditing professionals participated in Sri Lanka Public Sector Accounting Standards 11-20 through a …
French Ambassador assures France’s support to Sri Lanka
France stands ready to support Sri Lanka in its efforts to restructure its debt, Ambassador for France His Excellency Jean-François Pactet announced at a …
Sri Lanka electricity tariff revision breakdown
With immediate effect, Sri Lanka's power regulator, the Public Utilities Commission Wednesday approved a 66 per cent hike in electricity tariffs. The rate hike …
High Commissioner Moragoda meets Finance Minister of India ahead of G20 meeting
High Commissioner of Sri Lanka to India, Milinda Moragoda met with the Finance and Corporate Affairs Minister of India Smt. Nirmala Sitharaman on 14 February …
Opinion: Driving sustainable and inclusive growth for everyone
By Armida Salsiah Alisjahbana, Under-Secretary-General of the UN and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) …
Sri Lanka to ban several single-use plastic & polythene products
Sri Lanka will ban the import, domestic production, sale, and domestic use of several single-use plastic & polythene products with effect from 01 June …
Draft Central Bank of Sri Lanka Bill to be presented in Parliament
The Cabinet of Ministers has approved a proposal submitted by the President as the Finance Minister to publish the Central Bank of Sri Lanka draft Bill in the …
Fitch revises outlook on Home Lands Skyline to negative; Affirms ‘A(lka)’
Fitch Ratings has revised the Outlook on Sri Lankan home builder Home Lands Skyline (Pvt) Ltd.'s (HLSL) National Long-Term Rating to Negative, from Stable. The …
CMA rings bell with CSE, to recognize & promote integrated reporting
The Institute of Certified Management Accountants of Sri Lanka (CMA), in collaboration with the Colombo Stock Exchange (CSE), rang the market opening bell to …
Sri Lanka’s first ISO 14065 certification awarded to leading upcycling brand House of Lonali
House of Lonali, the pioneering upcycling brand from Sri Lanka specialising in transforming textile and paper waste into uniquely inventive items, has earned …
Ceylon Chamber urges IMF to consider assurances received thus far & initiate approval process
The Ceylon Chamber welcomes and appreciates the financial assurances provided by creditors thus far, towards achieving Board approval from the IMF. The timely …
SriLankan Airlines to start operations to China
SriLankan Airlines is set to renew its commercial operations to China in the first week of April 2023, with a thrice weekly service each to Shanghai, Beijing …
Hemas’ Focus on Core Sectors Continues to Deliver Sustained Growth
Hemas Holdings delivered a commendable performance in the first nine months of the financial year 2023. Notwithstanding the volatile economic conditions, the …
Aitken Spence reports cumulative first 9 months PBT of 10.3 Bn with 214-pct growth
The leading blue-chip conglomerate, Aitken Spence PLC reported a cumulative Profit Before Tax (PBT) of Rs. 10.3 Bn for the nine months ended 31st December …
Fitch upgrades Bank of Ceylon’s VR & Foreign-Currency IDR to ‘cc’/’CC’
Fitch Ratings has upgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC' from 'RD' (Restricted Default). The rating …
Personal income taxation is a short-term economic development strategy, says Government
According to Dr Kapila Senanayake, Director General of the Department of Financial Policy, the tax on personal income was imposed as a short-term strategy to …