Sri Lanka to receive USD700mn from MCC within 5 years
Minister of Finance and Media, Mr. Mangala Samaraweera, met Ms. Fatema Z. Sumar, the Regional Deputy Vice President for Europe, Asia, Pacific and Latin America …
In Pictures
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FinMin Mangala attends Commonwealth Finance Ministers meeting
Minister of Finance and Media Mangala Samaraweera represented Sri Lanka at the 2017 Commonwealth Finance Ministers Meeting (CFMM), held at the headquarters of …
Denso Corporation appoints LAUGFS as authorized distributor in Sri Lanka
Japan’s Denso Corporation, a reputed global automotive components manufacturer recently signed a Memorandum of Understanding with LAUGFS International, the …
Frontier markets show divergent credit paths: Moody’s
(PRESS RELEASE) - Moody’s Investors Service says that frontier markets (FMs) will show differentiated credit exposure to rising interest rates globally, …
ICRA Lanka reaffirms long & short term ratings of First Capital Holdings
ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of [SL]A- (pronounced SL A …
FM to attend IMF annual meeting; meets US under secretary in Washington
The Minister of Finance and Mass Media Mr Mangala Samaraweera who is currently in Washington to attend the World Bank/IMF annual meeting met with the US Under …
China, S’pore FTAs can transform two-thirds of Sri Lanka imports: WTO
No less than two thirds of annual imports to Sri Lanka will enter the country duty free when the FTAs with China and Singapore are wrapped up, said a visiting …
Unilever initiates partnership with Tea Smallholders Federation & Dialog
Unilever Sri Lanka initiated a partnership with the Sri Lanka Federation of Tea Smallholders and Dialog Axiata PLC to support the over 400,000 smallholder tea …
Sri Lanka’s ICTA clarifies on National Payment Platform (NPP)
In todays’ digital world, the public perform a variety of tasks using their smart phones, tablets, and computers. online pharmacy buy diflucan with best …
Sampath Bank funds mega hotel development project in Myanmar
Sampath Bank PLC, a pioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully …
US 2019 Diversity Visa Lottery (Green Card) begins
The U.S. Embassy in Colombo is pleased to announce the start of the 2019 Diversity Visa Lottery Program, also known as the “Green Card” Lottery. The …
Sri Lankan Silicon Valley firm Auxenta looks to expand into APAC region
Having its roots in Sri Lanka, the fast-growing boutique technology solutions firm Auxenta is currently poised for dramatic expansion to the APAC region having …
MAS teams up with JAT Holdings for chemical leasing deal
Best known for being the world’s first to introduce the chemical leasing model for waste water treatment in 2015, MAS Active Linea Intimo has now signed on …
Sri Lanka’s Anti-Dumping Law cleared for Parliament
Sri Lankan industries have been assured that the FTAs being mooted will not affect them -nor will result in an imports dump that the domestic manufacturers are …
Sri Lankan parliamentary delegation’s visit to Washington D.C
Speaker Karu Jayasuriya is currently leading a multiparty Sri Lankan parliamentary delegation on an official visit to Washington D.C. Thursday morning …
Walkers Colombo Shipyard Launches Second Vessel
(PRESS RELEASE) - Walkers Colombo Shipyard (Pvt) Ltd, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its second vessel, a 10 …
Vista Rooms continues expanding in Sri Lanka, on path to 1000 properties by 2018
(PRESS RELEASE) - Vista Rooms, South Asia’s largest chain of affordable stays, is on track to onboard 1000 properties with over 10,000 rooms by the end of …
Fitch affirms Sri Lanka’s Abans at BBB+(lka); outlook stable
Fitch Ratings has affirmed Sri Lanka-based retailer Abans PLC's (Abans) National Long-Term Rating at 'BBB+(lka)' with a Stable outlook. Fitch has also …
ATrad becomes a CodeSign trusted application solutions provider
IronOne Technologies has announced that its Next Generation Online Trading Platform ATrad has been awarded ‘CodeSign verified trusted Windows OS™ …
Ceylon Chamber compiles registry of Northern SMEs
The Ceylon Chamber of Commerce has compiled a ‘Registry’ consisting details of the SMEs operating in the Northern Province. Titled as ‘Registry of SMEs …