First Capital Looks to Future Growth with a Performance First Outlook
First Capital Holdings PLC, a Janashakthi Group Company with over 35 years of industry knowledge, recently concluded its Annual General Meeting presenting the …
Industry
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Fitch Rates National Development Bank’s Basel III Sub Debt A-(lka)(EXP)
Fitch Ratings has assigned the proposed Basel III-compliant subordinated unsecured debentures of Sri Lanka's National Development Bank PLC (NDB, …
Sri Lankan import restrictions at odds with WTO rules hurt welfare of citizens: Economists
A panel of eminent economists urged that the Government take credible and decisive action to carry out immediate trade reforms. Advocata’s Academic Chair Dr. …
SriLankan Airlines launches flights to Paris
SriLankan Airlines unveils flights to the French capital, Paris. SriLankan‛ s new service will operate scheduled flights between Colombo‛s Bandaranaike …
Government must take meaningful steps without compromising international friendship: Eran
With the corona epidemic and mismanagement of the economy, the country is now facing a Trinity of crises which cannot be cured by this government due to its …
CA Sri Lanka unveils Board Leadership Masterclass for corporate directors & executives
The Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with the Institute of Directors of Luxembourg launched a …
Fitch Rates Commercial Bank of Ceylon’s Basel III Sub Debt Final ‘A(lka)’
Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (CB, AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated …
Sri Lanka needs new water and sanitation policies to unlock investment barriers
Comprehensive policies will improve community access, increase focus on sanitation and investmentA new policy could tackle urbanisation challenges for …
Interview: Local and International wins for architect Palinda Kannagara
Palinda Kannagara is one of the top Sri Lankan architects based in Columbo who has recently been honored both locally and internationally for his work. He is …
JAT Receives CIDA Accreditation, Enjoys LKR 1 Bn in Confirmed Specialized Interior Projects
JAT Holdings PLC, the market leader for wood coatings in Sri Lanka, was recently accredited with the coveted CIDA SP 01 Certification. The Construction …
Nations Trust Bank Enables Growth of Small and Medium Enterprises
Employing over 70% of the working population in Sri Lanka, SMEs are responsible for nearly a third of the country’s industrial output with a sizeable …
Opinion: Avoiding IMF won’t help us avoid austerity
Naqiya Shiraz and Rehana Thowfeek Sri Lanka’s debt problems are a topic of national conversation. Foreign reserves, already low at USD 4bn in May 2021 …
SL could suffer LKR8.2 bn shortfall every month it’s on UK’s ‘red list’: World Travel & Tourism Council
Research conducted by the World Travel & Tourism Council (WTTC) has revealed Sri Lanka’s economy could face losses of more than LKR260 million each day …
Joint Apparel Associations Forum formulates plan to sustain industry’s long-term growth
The Joint Apparel Associations Forum (JAAF) has formulated a 5-point framework to coordinate the industry’s response to challenges stemming from COVID-19 and …
Central Bank sets maximum interest rate on foreign currency deposit accounts of banks
Considering the anomalies in the interest rates offered and paid by licensed commercial banks on the rupee and foreign currency deposits, the Monetary Board of …
Emirates to resume Colombo – Male flights from 1st September
Emirates has announced the resumption of its Colombo - Male service starting 1 September. The daily service between the two cities will be an extension of its …
“GLX Digital Evolver” powers transformation of tourism through digital evolution
Good Life X (GLX) in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Sri Lanka - via ‘GLX Digital Evolver’ pursue the …
Full speech: President Gotabaya Rajapaksa’s special address to nation
The Most Venerable Maha Sangha, Religious Leaders of other faiths, Friends, The accepted opinion of the World Health Organization (WHO), the majority of …
STEMUP Educational Foundation unveils fully-automated Volunteer Management System
STEMUP Educational Foundation, the non-profit organization with a focus on furthering Scientific, Technological, Engineering, and Mathematical (STEM) knowledge …
Sampath Bank Introduces Sri Lanka’s First Touchless Cash Withdrawals Across Its ATM Network
Sampath Bank announced the introduction of Touchless Cash Withdrawals at Automated Teller Machines (ATMs) for the first time in Sri Lanka, and possibly the …