Ajay Banga becomes 14th President of World Bank
The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. Ajay Banga most …
ADB President commends SL for action taken to overcome economic crisis and pledges further support
Foreign Minister Ali Sabry met with the President of Asian Development Bank, Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of …
FM Ali Sabry to attend annual meeting of board of governors of ADB, in S Korea
Foreign Minister Ali Sabry will leave for Incheon, South Korea to attend the 56th Annual Meeting of the Board of Governors of the Asian Development …
President directs immediate action to solve plantation sector issues
President Ranil Wickremesinghe says that the government is committed to carrying out its agricultural modernization plan. Speaking at recent meeting held at …
Sri Lanka’s Central Bank says structural reforms needed for short and long-term issues: Annual Report
The implementation of structural reforms focusing not only on restoring near term stability but also on rebuilding the nation with adequate safeguards and …
HC Moragoda meets IndiGo co-founder Bhatia to discuss enhancing air connectivity between SL and India
Continuing his discussions with large-scale Indian investors and corporate leaders, Sri Lanka’s High Commissioner to India Milinda Moragoda met with IndiGo …
Evacuation of Sri Lankans in Sudan
Ensuring the safety and security of Sri Lankans stranded in the Republic of the Sudan is the primary concern of the Government of Sri Lanka. Sri Lanka …
Govt not making insurance claim on Xpress Pearl ship a deliberate attempt to delay process -Eran
SJB Parliamentarian Eran Wickramaratne speaking in Parliament on the debate on Express Pearl ship said that Justice Minister Wijedasa Rajapaksa also admitted …
Opportune time for foreigners to invest in an apartment: RIUNIT
The Research Intelligence Units suburban apartment price index for February reveals that the apartment prices are continuing to decline in USD terms making it …
Plans underway to remove the lubricant levy to paralise the regulator: PUCSL Chair
The Ministry of Power and Energy has proposed to remove the lubricant levy from the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of …
Sri Lanka becomes regional hub for enhancing connectivity for Daraz Group
The Daraz Group recently convened its strategic management meetings in Colombo Sri Lanka. The leadership teams and senior management from the Daraz’s offices …
Ceylon Chamber mobilises corporate sector support to adopt 105 Suwa Seriya ambulances
The Ceylon Chamber of Commerce successfully facilitated the adoption of 105 Suwa Seriya ambulances, valued at Rs.525 million rupees, to support Sri Lanka's …
Sri Lanka tourist arrivals up in Feb 2023
Tourist arrivals increased in February 2023 to 107,639, compared to 102,545 arrivals recorded in January 2023 and 96,507 recorded in February 2022, data from …
Dutch companies exploring investment opportunities in renewable energy and sustainable agriculture: Envoy
The Dutch companies are eager to explore investment opportunities in renewable energy, eco-labeling and sustainable agriculture, if Sri Lanka can showcase a …
ComBank launches LankaPay cards in Sri Lanka
Sri Lanka’s payment cards domain took a giant leap today when the Commercial Bank of Ceylon in collaboration with LankaPay launched a national credit and …
Opinion: IMF Programme #17, Takes two to tango
By Daniel Alphonsus Countries never learn from others’ mistakes, they only learn from their own. Sri Lanka is an exception: we don’t even learn from our …
Ceylinco Life retains market leadership for 19th consecutive year in 2022
Ceylinco Life policyholders received a mammoth Rs 18.9 billion in net claims and benefits in 2022, as the Company achieved its 19th consecutive year of market …
Ekva to energise Sri Lanka’s startups
Ekva LLC, a US company with strong Sri Lankan roots spearheaded by Amith Boteju, CEO will be in Sri Lanka to find promising startups in any industry for the …
Indian Min Jaishankar inaugurates “Geoffrey Bawa: It is essential to be there” marks 75 yrs of Indo-Lanka relations
Indian Minister of External Affairs Dr. S. Jaishankar inaugurated the Sri Lankan exhibition “Geoffrey Bawa:It is Essential To be There” at the National …
Eran urges Govt to disclose contents in IMF agreement
Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial …