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Dialog Invites Customers to Experience the Power of 5G on its 5G Trial Network

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, extended an open invitation to its valued customers to register their 5G devices on its 5G trial network and experience the power of 5G at...

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India discusses rescheduling bilateral debt repayment by Sri Lanka

India and Sri Lanka on Wednesday (22 July 2020) held a technical discussion on rescheduling bilateral debt repayment by Sri Lanka. The Indian delegation comprising of senior officials from the...

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Giving life to the golden ideas of our youth – Derana START UP 2021

In relation to the national interest of fostering a culture of entrepreneurship among Sri Lanka’s youth, Derana START UP 2021, the much-needed entrepreneurial TV show has commenced its search for...

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Maharagama to be transformed into an international trade centre

The government has planned to upgrade the facilities in the city of Mahargama in order to transform it into an international trade centre, Prime Minister Mahinda Rajapaksa stated. The premier said...

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HSBC hosts customer event on “Managing Cyber Risks” as more businesses look...

Embracing tech transformation at speed and adopting more robust technology are definite action items for most corporate entities as they look to build resilience especially in the light of COVID-19....

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Dialog Axiata Introduces Affordable ‘DATA BLASTER’ to Empower Sri Lankans...

In line with the company’s vision of delivering affordable and accessible world-class internet services to all Sri Lankans, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, introduced...

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ICRA Lanka assigns issuer rating of [SL]A+ for Metrocorp (Private) Limited

ICRA Lanka Limited has assigned the Issuer rating of [SL]A+ (pronounced SL A Plus) with Stable outlook for Metrocorp (Private) Limited (“Metrocorp”/“the Company”). ICRA Lanka has taken a consolidated...

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Wellness Webinar series enlightens Stakeholders to the potential of the sector

A New Paradigm in Sri Lankan Tourism:Way Forward Plan Post Reopening and Beyond Bringing the best of Wellness Tourism to a domestic audience, the Sri Lanka Wellness Tourism Association (SLWTA) and the...

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Central Bank approved 3,985 new loans amounting to Rs.11,829 million under...

The Central Bank of Sri Lanka (CBSL) approved 3,985 new loan applications, amounting to Rs.  11,829 million, submitted by licensed banks under the Saubagya COVID-19 renaissance facility Phase II &...

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CB imposes penalties to 2 Banks and 3 Finance companies due to violations of...

By virtue of the powers vested under Section 19 (1) read together with section 19 (2) of the Financial Transactions Reporting Act, No. 06 of 2006 (FTRA), financial penalties can be imposed on...

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CBSL denies pledging USD 4.5 Bn worth of US Treasury Securities to obtain...

The Central Bank of Sri Lanka (CBSL) has recently entered into an agreement with the Federal Reserve Bank, New York (FED) as a temporary source of US dollar liquidity to be used when required. The...

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Rupee depreciation likely to have significant impact on operations – Lanka...

The availability of necessary medical supplies will be limited until production and supply chains stabilize and the depreciation of the rupee is likely to have a significant impact on operations as a...

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Standard Chartered Sri Lanka wins big at “The Asset Triple A Awards 2020”

Standard Chartered Sri Lanka has won big at “The Asset Triple A Treasury, Trade, SSC and Risk Management Awards 2020” announced recently, with awards for ‘Best Service Provider for Cash Management’...

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ComBank staff donates life-saving equipment to Teldeniya Base Hospital

The District Base Hospital Teldeniya, currently a designated COVID-19 Treatment Centre, received essential medical equipment from a collection of a day’s salary spearheaded by the Association of...

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Kelani Breezer fan range of Kelani Cables PLC endorsed with energy saving ‘2...

Kelani Breezer fan range of Kelani Cables PLC was endorsed with energy saving ‘2 Star’ certification by the Sri Lanka Standard Institution (SLSI). Kelani Cables PLC is Sri Lanka’s number 01 company in...

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Dialog Axiata initiates 10 bed ICU development project at Homagama base hospital

Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, has commenced immediate civil work for the expansion and provision of all equipment to establish a fully functional ICU (Intensive Care...

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Kuwait bars residents coming from Sri Lanka among others as it resumes air...

The decision also excludes residents coming from Philippines, India, Bangladesh, Pakistan, Iran and Nepal  Kuwait will allow citizens and residents to travel to and from the country, starting August...

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Global trade hit by restrictions during COVID-19 crisis: WTO

Global trade has been hit by new and accumulated import restrictions just as economies need to rebuild in the COVID-19 crisis, the World Trade Organization (WTO) said in a mid-year report issued...

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CSE trading will be closed at 12.30pm on polling day

Trading at the Colombo Stock Exchange (CSE) will be closed at 12.30 p.m on Wednesday (5 August 2020) in view of the parliamentary Election, Chief Operating Officer of the CSE Renuka Wijewardena said...

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Auto industry and thousands of jobs in Peril, says CMTA

The Ceylon Motor Traders Association (CMTA), the only trade association in Sri Lanka that represents automotive manufacturers through their local importers, urged the Government to provide a clear...

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