New MSME Recovery Rules via Business Revival Units
In an endeavor to energize Sri Lanka’s business revival, the Central Bank has introduced pivotal MSME recovery regulations. These regulations are designed to facilitate the resurgence of micro, small, and medium enterprises (MSMEs) by instituting business revival units within licensed…
Why SEO Is More Important Than Ever for E-Commerce Business in Sri Lanka
In today’s digital age, e-commerce businesses in Sri Lanka face stiff competition to attract and engage with potential customers online. With businesses relying heavily on their websites as the primary point of contact with their customers, implementing an effective search…
Diana Urges Fast Measures Against Visitor Business DEALINGS
Addressing an important Parliamentary session on March 20th, Sri Lanka’s State Tourism Minister, Diana Gamage, advocated for stronger enforcement of visitor visa regulations, and a decisive business activity crackdown. Her statement highlighted the urgent need for tourism policy enforcement to…
Japanese Investors Eye Opportunities in Sri Lanka
“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…
Dialog’s Genie Business Spearheads Sri Lanka UPI Launch
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…
LB Finance Recognised Globally & Locally in 2023
As a beacon of financial excellence in Sri Lanka’s financial landscape, LB Finance PLC has entered 2023 with a series of commendable achievements that reinforce its standing in the industry. The company’s dedication to best practices in financial reporting and…
People’s Bank-IFC Boost for Women Entrepreneurs in Sri Lanka
In a significant move to nurture the entrepreneurial spirit in Sri Lanka, People’s Bank has joined hands with the International Finance Corporation (IFC) to empower women entrepreneurs across the nation. This partnership stands as a testament to the enduring commitment…
India’s Reliability Surges Amid China Partnership Woes
Amid shifting global trade dynamics, a significant evolution is unfolding within India-China business relations. Tensions have heightened in the arena of international projects, with nations like Sri Lanka seeking partners typified by partnership stability. Sri Lanka’s decision to favor India…
Anna-Marie Ondaatje to grace Asian Games for Sri Lanka
Anna-Marie Ondaatje will represent Sri Lanka in the Rythmic Gymnastics event, at the Asian Games 2018 in Jakarta, Indonesia. Ondaatje represented Sri Lanka previously at the Gold Coast 2018 Commonwealth Games, where she finished in 11th position out of 16 in…
Roger resigns from Wimal’s NFF
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,…
Dubai police recover rare $20 million blue diamond stolen by a Sri Lankan security guard and smuggled to Sri Lanka
uly 26, Colombo: The Dubai Police said they have recovered a rare blue diamond estimated to be worth $20 million which was stolen from a city company’s vault by a Sri Lankan security guard and smuggled to Sri Lanka in…
Sri Lanka’s New MSME Recovery Regulations Unveiled
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…
country is required to resolve USD 12.5 Billion
COLOMBO (News 1st) Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal stated that the country is required to resolve USD 12.5 Billion in debt through International Sovereign Bonds over the next seven years. Talking to the American-based CNBC Governor Scott…
Senior Attorney-at-Law Mr. Kandiah Neelakandan passes away
Senior Attorney-at-Law Mr. Kandiah Neelakandan passed away this afternoon. He was Precedent Partner at Neelakandan and Neelakandan, a staunch rights activist, and last appeared on Face the Nation last year to discuss the future of national unity and reconciliation in…
National Chamber to Announce Business Excellence Awards 2024
As Sri Lanka’s corporate sphere eagerly approaches the most prestigious event of the year, the anticipation for the announcement of the National Business Excellence Awards 2024 reaches its peak. This eminent Corporate Awards Ceremony is poised to honor the most…
PM requests President to remove State Minister Vijayakala Maheswaran from post over controversial statement
Sri Lanka Prime Minister Ranil Wickremesinghe has expressed deep concern over the recent statement made by the State Minister of Child Affairs Vijayakala Maheswaran that the vanquished terrorist organization LTTE should be reorganized to curb rising crime in the North….
Sri Lanka: Foreign Holdings Dip Under Rs.100bn Mark
The stability and growth of the Sri Lanka economy often hinge on the dynamics of foreign investment and the ebb and flow of financial markets. Amidst fluctuating global investment patterns, Sri Lanka is experiencing a critical economic juncture, with foreign…
Two foreign nationals drown in sea
Two foreigners drowned in two separate incidents in the seas off Koggala and Thalpe in Habaraduwa last morning (29), the Habaraduwa Police said. A Dutch woman who was rescued by the life guards when she was being pulled by the…
Dialog Enterprise: ICT Solutions for Sri Lanka’s Enterprises
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….
Sri Lanka President appoints members to the Office on Missing Persons
Sri Lankan President Maithripala Sirisena has appointed seven members to the Office on Missing Persons (OMP) and handed over the over the appointment letters to the commissioners of the OMP on Wednesday at the Presidential Secretariat. The OMP law was…
SriLankan Airlines Achieves Highest Ever Monthly Revenue in December
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…
Growth of Digital Marketing In Sri Lanka
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…
Convincing Sri Lanka of Value Added Tax Essentials
The fiscal landscape of Sri Lanka is approaching a significant shift, with VAT implementation in Sri Lanka standing at the forefront of modernizing the nation’s tax regime. Amid broader Sri Lankan tax reform, transitioning towards a system bolstered by Value…
Survey Department revises country’s map after 18 years
The Sri Lanka Survey Department (SLSD), the national surveying and mapping organisation under the Ministry of Land and Land Development, has taken steps to revise the geographical map of the country after 18 years. The new map of Sri Lanka…
Business Alliance: Avoid English Bank Forms in Sri Lanka
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…
Diana Urges Fast Measures Against Visitor Business DEALINGS
Addressing an important Parliamentary session on March 20th, Sri Lanka’s State Tourism Minister, Diana Gamage, advocated for stronger enforcement of visitor visa regulations, and a decisive business activity crackdown. Her statement highlighted the urgent need for tourism policy enforcement to…
SriLankan Airlines Achieves Highest Ever Monthly Revenue in December
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…
Growth of Digital Marketing In Sri Lanka
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…
Business Alliance: Avoid English Bank Forms in Sri Lanka
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…
Prime Office Solutions at Business Center at Port City
The landscape of Sri Lanka’s corporate offices is undergoing a transformative shift with the establishment of the Port City Business Center. This innovative business hub marks a new era in modern professionalism, offering prime office space that caters to the…