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Cabinet Approval for USD18.50 Service Fee, User-Pay Model Imposes No Govt Costs: VFS Global

Sri Lanka, May 6 -- The government benefits from increased efficiencies and transparency in managing the complete process and improved resource utilisation through the launch of the new Sri Lanka E-Vi... Read More


Colombo among first 9 destinations to join Emirates' A350 network

Sri Lanka, May 6 -- Colombo will be among the first set of destinations to be served by Emirates' A350 aircraft entering service in September 2024, the airline announced today. Emirates' fourth daily ... Read More


TISL Invites Public Comments on the Proposed Law on Recovery of Stolen Assets

Sri Lanka, May 3 -- Grand corruption has long plagued Sri Lanka, undermining the country's economic development and eroding public trust in the government. Citizens have been increasingly vocal in the... Read More


Planters Ass of Sri Lanka concerned over President's remarks on wage hike may be misunderstood

Sri Lanka, May 3 -- The Planters Association of Sri Lanka and its members are concerned that the President's remarks may be misunderstood and lead workers and the public to assume that a final decisio... Read More


Finance for Non-Finance Managers: Best-Seller on Amazon to be Ultimate Guide to Mastering Money Matters

Sri Lanka, May 3 -- Financial literacy is key to managing money effectively, but managers without a background in finance may find concepts such as budgeting, building and improving credit, saving, bo... Read More


EQT to acquire WSO2; acquisition to enable accelerated investment in technology

Sri Lanka, May 3 -- WSO2, the leader in digital transformation technology, announced today that it has signed a definitive agreement to be acquired by EQT. "We are thrilled to partner with EQT as we ... Read More


Fitch Assigns Asia Asset Finance's Proposed Senior Debt 'A+(EXP)(lka)' Rating

Sri Lanka, May 2 -- Fitch Ratings has assigned Asia Asset Finance PLC's (A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to LKR2 billion an expected National Lo... Read More


Sri Lanka exports earnings up almost 10-pct in Mar 2024

Sri Lanka, May 1 -- The deficit in the merchandise trade account narrowed to US dollars 369 million in March 2024 from US dollars 412 million recorded in March 2023, primarily due to a higher increase... Read More


Sri Lanka inflation up 1.5-pct in April 2024

Sri Lanka, May 1 -- Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 showed some uptick to record 1.5% in April 2024 compared t... Read More


Pan Asia Bank and Janashakthi Life partner, forging era of financial empowerment

Sri Lanka, May 1 -- As a testament to its continuous devotion to its customers' satisfaction, Pan Asia Bank, the Truly Sri Lankan Bank, has established a strategic partnership with Janashakthi Life. T... Read More