FitsAir acquires approval for inflight catering
FitsAir, Sri Lanka's leading low-cost airline, is proud to announce a significant enhancement to its service offerings by obtaining approval for inflight …
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SriLankan Airlines welcomes another aircraft to its fleet
SriLankan Airlines recently welcomed the arrival of a wide-bodied Airbus A330-200 aircraft wet-leased from Air Belgium, giving a further boost to its fleet. …
Sri Lankan Small Businesses Seek Breathing Room: Parate Law Suspension Talks Underway
A crucial meeting is set to take place tomorrow (21) at the Jasmine Hall, Bandaranaike Conference Hall, Colombo, between the Minister of Justice, Wijeyadasa …
Constituent Change in the S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2023 …
Port City Colombo in round table discussion at Commonwealth Trade and Investment Summit
Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and Investment …
Virtusa host CMO in Sri Lanka and discusses of transformation across HR, brand, technology and sales
Virtusa, the global provider of digital engineering solutions hosted Brian Jochum, the company’s Chief Marketing Officer and a member of the Global CXO team …
NurtureLeap, turning Jaffna’s raw talent into IT professionals
By Jekhan Aruliah For all its catastrophic consequences COVID-19 lockdowns at least had a silver lining for Sri Lanka’s towns and cities beyond the Western …
Amana Bank marks successful Rights Issue with ceremonial CSE market opening
Having carried out a successful Rights Issue with the objective of meeting the enhanced regulatory minimum capital, Amana Bank recently listed its Rights Issue …
Comm Bank Group’s 9-month gross income up 30.88-pct to Rs 256 Bn
A heightened emphasis on lending has seen the Commercial Bank Group increase gross loans and advances by Rs 51.404 billion in the third quarter of 2023 at a …
PUCSL electricity tariff revision discriminatory: Advocata
Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right …
Opinion: Reforming tax incentive structure in Sri Lanka
The second tranche of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) was delayed as the country failed to meet some of the program …
CDS signs Agreement with LankaPay Online Payment Platform
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed an agreement with LankaPay, Sri Lanka's …
CSE creates awareness on Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL)
The Colombo Stock Exchange (CSE) conducted a series of virtual workshops and intends to continue more workshops on Regulated Short Selling (RSS) through Stock …
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. …
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) …
SEC urges Compliance Officers to play a more effective role
As part of their continuing efforts to strengthen market standards and investor confidence, officials of the Securities and Exchange Commission of Sri Lanka …
World Bank expects solid growth but risky outlook for South Asia
South Asia is expected to grow by 5.8 percent this year—higher than any other developing country region in the world, but slower than its pre-pandemic pace …
David Cameron kicks off Port City Colombo’s global investment drive
Representatives of top corporations in the UAE, accompanied by high-potential investors, property developers, hotel owners, and leaders in the hospitality and …
Sri Lanka local currency ratings raised to ‘CCC+/C’ from ‘SD/SD’; Outlook stable
S&P Global Ratings today raised its long- and short-term local currency sovereign credit ratings on Sri Lanka to 'CCC+/C' from 'SD/SD' (selective default). …
Sinopec pledges to fuel Sri Lanka as it commences operations
Sinopec announced its official entry into Sri Lanka's dynamic fuel retail market at the felicitation event for local distributors held on the 25 th of …