VIDEO: 5 Common Investment Scams And How to Avoid Them
There are plenty of scams out there, especially in the world of investing - today we go over 5 of them so you can better avoid them in the
PRCA APAC findings shed light to the state of the PR industry in Sri Lanka
The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, carried out a survey during …
FAO, IFAD and WFP renew commitment to strengthening food security in Sri Lanka
The Food and Agriculture Organization of the United Nations (FAO), together with the International Fund for Agricultural Development (IFAD) and the United …
VIDEO: Japanese yen touches 32-year low against USD
The Japanese yen touched a 32-year low against the US dollar after official figures showed that prices had risen faster than expected in America. The yen fell …
Port City Colombo marks anniversary and children’s day with donation of children’s books
Continuing with its various initiatives to uplift communities and create opportunities in Sri Lanka, CHEC Port City Colombo (CPCC), the sole investor and …
Sri Lanka Central Bank appoints new deputy Governor
The Monetary Board, with the concurrence of the Minister of Finance, has promoted K M A N Daulagala, Assistant Governor and the Secretary to the Monetary …
Sri Lanka to seek eligibility for IDA loans while remaining as a middle-income country: PMD
The government stated that Sri Lanka will remain a middle-income country and pursue a “reverse graduation” policy for a limited period of time. Releasing a …
Ceylon Chamber to Host Sri Lanka Economic Summit 2022
As Sri Lanka begins the monumental task of laying the groundwork for economic revival, the Sri Lanka Economic Summit (SLES) 2022 organised by the Ceylon …
Women in Sri Lanka call for stronger measures to protect their rights
Women leaders from four provinces in Sri Lanka have urged local government authorities to strengthen efforts to protect women, who have been affected by the …
Sri Lanka cabinet approves downgrade back to low income country
Cabinet has approved a proposal to downgrade Sri Lanka to "low income" category on the World Bank list with the aim of getting access to concessional funding …
Fitch Ratings: What Is the Outlook for Tourism in Asia
The international tourism recovery in APAC has generally been trailing the rest of the world, due in part to more cautious easing of border restrictions and …
PwC Sri Lanka to aid SL’s financial institutions transition to green financing
Climate change today is affecting the financial system due to its far-reaching impact across all sectors and geographies. As risks associated with …
Sri Lanka’s real GDP is expected to fall by 9.2-pct this year & a further 4.2-pct in 2023: World Bank
Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 …
Sri Lanka rejects resolution at the UN Human Rights Council
Sri Lanka categorically rejected resolution A/HRC/51/L.1 (Rev.1) titled "Promoting reconciliation, accountability and human rights in Sri Lanka" tabled by …
Dialog in Partnership with Sampath Bank Launches Tourist Fuel Pass; Unrestricted Access to Fuel for Tourists
Dialog Axiata PLC on the invitation of Ministry of Power and Energy and Ministry of Tourism partnered Sampath Bank PLC, to launch the Tourist Fuel Pass (TFP) …
Central Bank of Sri Lanka maintains policy interest rates
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 05 October 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and …
Bileeta Partners with USAID CATALYZE Sri Lanka Private Sector Development (PSD) to offer tech support to SMEs
Bileeta, one of Sri Lanka’s top ERP (Enterprise Resource Planning) solutions providers, has joined hands with USAID CATALYZE Sri Lanka Private Sector …
How a country in economic turmoil is still ripe for investors
For businesses in the field of large-scale manufacturing, a critical factor that determines their future and success is a key decision made at their very …
Illegally imported Hummer auctions off to the importer himself violating tender procedures
Customs officials have violated tender procedures by auctioning off an illegally imported Hummer to the illegal importer himself at a much lower price. The …
Transitioning from hawkish to dovish; 75-pct probability for policy rates to remain unchanged: FCR
First Capital Research (FCR) believe that CBSL may consider maintaining the monetary policy rates at its current levels in the upcoming policy review meeting …