Government needs to look at policy reforms to attract investment – Alaina B....
The Sri Lankan government needs to look at its policy reforms and ease of doing business in order to attract foreign investment, the US Ambassador in Colombo Alaina B. Teplitz said yesterday (15)....
View ArticleDo not shirk responsibility of rebuilding the economy: let me know the...
“We cannot let the health crisis develop into an economic crisis. What we are facing is a global crisis. The Central Bank and the Treasury are entrusted with the responsibility of formulating right...
View ArticleFitting into the ‘New Normal’: How Life Insurance can succeed in the...
By Chula Hettiarachchi:: The unprecedented global climate of today has taken a heavy toll on life. At no point in time, did we anticipate that a single health pandemic would so significantly shift our...
View ArticleMobitel takes pilgrims on a virtual pilgrimage to Mihinthalaya on Poson Poya
Sri Lanka’s National Mobile Service Provider, Mobitel, took its customers on a pioneering spiritual journey to Mihinthalaya on the occasion of Poson Poya recently in the form of a 3D Immersive...
View ArticleCrescat Boulevard to be revamped
Asian Hotels and Properties PLC (AHPP) announced that it would be moving forward with major investments towards the refurbishment of Crescat Boulevard. First opening its doors in 1997, Crescat...
View ArticleCBSL Reduces SRR to 2%
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 16 June 2020, decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of licensed...
View ArticleCentral Bank Implements New Credit Schemes to Support the Revival of the Economy
Growth of the Sri Lankan economy has fallen to dismal levels over the past few years, and the impact of the COVID-19 pandemic may result in severe stress on economic and financial system stability in...
View ArticleHCL Technologies starts operations in Sri Lanka; plans to leverage country’s...
HCL Technologies (HCL), a leading global technology company, yesterday (16) announced the commencement of its operations in Sri Lanka. Marking its presence in the region, HCL plans to create over...
View ArticleCinnamon Hotels & Resorts offers a holiday package for “Suwa-Sewa Wiruwo”
The management of the Cinnamon Hotels & Resorts hotel chain link has decided to offer a holiday package for “Suwa-Sewa Wiruwo”(employees in the healthcare service) who had been exceptional and...
View ArticlePeople’s Bank Ties up with Toyota Lanka to mark another strong relationship...
People’s Bank has entered into a strategic alliance with Toyota Lanka (Private) Limited to provide Corporate Solutions.The tie-up will help to leverage People’s Bank’s state-of-the-art Corporate...
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CB Governor calls for report on irregularities & illegal activities of...
In a letter addressed to Director General of Legal Affairs of the Presidential Secretariat, Attorney-at-Law Harigupta Rohanadeera, Central Bank Governor Deshamanya Prof. W.D. Lakshman has made a...
View ArticleCoronavirus Compounds Sri Lankan Banks’ Stresses : Fitch Ratings
Fitch Ratings says Sri Lankan banks’ operating environment and financial profiles face escalating risks from the economic fallout of the coronavirus. Fitch Ratings now expects Sri Lanka’s real GDP to...
View ArticleUK to bolster trade and investment with Sri Lanka
Alan Gemmell OBE has been appointed as the new UK Trade Commissioner for South Asia to bolster trade and investment relations with the UK’s economic partners in the region, including Sri Lanka. He is...
View ArticlePriyantha Wijesekera to usher in new era for Softlogic Finance PLC
Softlogic Finance PLC appointed Mr. Priyantha Wijesekera as its new Chief Executive Officer, recently. Mr Wijesekera previously held the position of Executive Vice President – Leasing at Nations Trust...
View ArticleUber Eats provides dry rations worth LKR 8.5 million to support communities
Uber Eats, in partnership with the Government of Sri Lanka and the Voice for Voiceless Foundation, is distributing LKR 8.5 million worth of dry rations across the country to support low-income...
View ArticleSeylan Bank declares open a new off-site ATM in Kegalle
Seylan Bank recently declared open an off-site ATM in Bulathkohupitiya – Kegalle Road. The ATM is conveniently located at the factory of, leading manufacturer and exporter of special quality rubber,...
View ArticleOne-Stop-Shops to register and provide Services for Micro, Small and Medium...
Part of EU-funded support to the Uva and Central Provinces Over 40% of Sri Lankan MSMEs are unregistered, making it more difficult to open bank accounts, to get loans, licenses and permits for their...
View ArticleMajority of business leaders optimistic about post-pandemic economy, survey...
The uncertainty of COVID-19 is perhaps the most challenging crisis decision-makers have had to find responses to, in the 21st century. From state-owned to multinational, from conglomerates to...
View ArticleInitiative to Digitalize the Colombo Stock Market launched
A Joint Committee between the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) was formed with the objective of identifying measures and mechanisms required...
View ArticleSports Athletes can enhance reaction speed and eye-hand coordination via...
Enhancing its reputation as the leading technological revolution in eye care in Sri Lanka, Vision Care has introduced ‘Sports Vision’ for the first time in Sri Lanka, which is widely used to enhance...
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