Actor turned politician, Roger Seneviratne, who is also a councilor of the Western Provincial Council representing the National Freedom Front (NFF) led by MP Wimal Weerawansa, has handed his resignation from the party. Seneviratne in a latter dated June 1, 2018 addressed to party leader, MP Weerawansa has stated that he was resigning from the…
SriLankan Airlines flight UL504 en-route from London to Colombo with 268 passengers was diverted to Frankfurt airport last night due to a medical emergency, the airline said. The fight has landed safely at Frankfurt International Airport in Germany. The airline in a travel alert said the most important factor was the health and safety of…
In an ambitious move to bolster economic support for MSMEs, the Central Bank of Sri Lanka is ushering in a new era of recovery regulations. With a keen focus on fostering business revival, these measures are designed to provide a much-needed lifeline to the multitude of micro, small and medium enterprises that form the backbone…
In the midst of navigating through profound economic challenges, Sri Lanka finds itself at a crossroads where extended tax imposition has become the cornerstone for financial crisis recovery. The International Monetary Fund (IMF), steering the course of the nation’s fiscal reforms, posits that a steadfast approach towards improving tax policies is pivotal for Sri Lanka…
Strengthening Sri Lanka-France economic relations is paramount for both nations, especially as they continue to explore international trade opportunities. During a pivotal gathering of The Ceylon Chamber of Commerce, the Sri Lanka-France Business Council showcased its commitment to encouraging local business expansion into the French market. The move is expected to bolster export growth and…
Japan’s support for Sri Lanka has been a beacon of hope as the island nation navigates its path through the most daunting financial crisis since independence. Recent talks between Japan’s Finance Minister, Suzuki Shunichi, and Sri Lankan President, Ranil Wickremesinghe, have shed light on the promising trajectory of Sri Lanka’s advancements in economic recovery. The…
Amidst the azure waters of the Indian Ocean, Sri Lanka’s ambitious urban development, Port City Colombo, emerges as a beacon of Sri Lankan economic development. With an injection of US $5.6 billion projected in foreign direct investment, this icon of innovation stands poised to redefine the island’s economic landscape. Touted as a service export Special…
The Sri Lanka United National Businesses Alliance (SLUNBA), advocates for secure transactions within the Sri Lanka banking sector, has been actively recommending the utilization of Sinhala agreement forms. This initiative is especially pertinent for SME banking in Sri Lanka, where a significant portion of entrepreneurs may not be proficient in English. SLUNBA’s latest campaign encourages…
ikman.lk, Sri Lanka’s largest online marketplace recently introduced ‘ikman Pay’ providing customers’ greater convenience and enhanced security across all its online payment options. Any ikman.lk service or product that requires payment can now be easily processed through ikman Pay https://pay.ikman.lk/ Combining all online payment options ikman Pay includes ikman.lk’s wide range of payment solutions such as…
In 8 coordinated attacks around Sri Lanka, 215 people were killed and 449 were injured. the death toll included 35 foreign nationals. the nationalities were USA, Denmark, Pakistan, India, Morocco, China, Japan and Bangladesh. 7 persons have been arrested and an island-wide curfew has been imposed until 6 a.m on Monday morning. Schools throughout the…
“Success is where preparation and opportunity meet.” This powerful insight by racing driver Bobby Unser elegantly encapsulates the budding partnership between Japan and Sri Lanka. As Japanese investments in Sri Lanka pivot towards an era of reinvigoration, it becomes clear that the groundwork laid by the economic ties of nations can lead to formidable business…
Ward Place in Colombo has been closed for traffic from Town Hall due to a protest by university students, Ada Derana reporter said. The Inter University Students’ Federation (IUSF) organised the protest march in Colombo today (21), demanding solutions for the issues of South Eastern University students. The agitation is also against the recent statements…
In an unprecedented move that paves the way for a transformative era in South Asia, the Port City Colombo development has officially launched the creation of its premier park, a landmark event signaling Sri Lanka’s ascent on the economic horizon. This groundbreaking ceremony heralds the emergence of a new tech and commerce strategic hub, a…
The Department of Registration of persons has facilitated a one-day service for students sitting for the upcoming Ordinary Level Examinations to obtain their ID cards. Commissioner General Viyani Gunathilake said that IDs could be obtained at the main office of the department on November 25. The Commissioner General notes that the ID card need not…
Back in the times of classic advertising, you needed to be concerned about digital marketing impressions and total return on investment (ROI) of your efforts, optimizing your job according to your limited funds and the limited options available. Technology has forced us to believe Digital and proceed for internet advertising, where new metrics have been…
Corporate ICT solutions have become the lifeblood of continued innovation and growth for Sri Lankan enterprises. Recognizing this essential factor, Dialog Axiata has emerged as a formidable ally to small and medium enterprises (SMEs) through its dedicated wing, Dialog Enterprise. A recent initiative called the ‘Future Proof Your Business Through Digital Transformation Exhibition’ was a…
The prestigious spotlight of international finance has once again turned to Sri Lanka, illuminating the impressive strides made by the Commercial Bank of Ceylon in 2023. In a remarkable feat that underscores its unyielding commitment to progress and adaptability, ComBank seized not one, but two distinguished accolades: ‘Best SME Bank’ and ‘Most Innovative Digital Bank’…
SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in Company history in December 2017. The air-transport operation of the Company recorded a stand-alone revenue of US Dollar 100.1 million – the first instance in the 38-year history of the airline where monthly…
The world of digital payments witnessed a transformative leap in Sri Lanka with the introduction of the Unified Payment Interface (UPI) facilitated by Dialog Genie Business. This leap not only engraved a significant milestone in the fintech landscape but also marked the expansion of a financial technology framework joining hands with a neighboring giant. As…
Seven hundred buses representing the Kurunegala district have already left for Colombo carrying participants to the ‘Jana Balaya Colombata’ protest rally, which is planned to be held this evening (05), according to former Minister Jayarathne Herath. Kurunegala is the district represented by former President Mahinda Rajapaksa and populated by the most affected people, he added….