People’s Bank has made history by becoming the first state bank to accept fingerprints of pensioners for verification purposes, in lieu of conventional life certificate. The official launch ceremony was held at the People’s Bank Head Office under the patronage of Chief Guests Former Auditor General – S. Swarnajothi and Veteran Musician – Edward Jayakody,…
The Central Bank of Sri Lanka has identified the need to facilitate non-resident investors to enable to invest in government securities and other sectors to encourage the inflow of foreign currency into the country, the state information office said. Accordingly, approval has been given to introduce US Dollars/Sri Lankan Rupee buying and selling exchange facilities for…
Adapting to the new normal of the global travel and tourism industry, a strategic initiative will be taken by Sri Lanka Tourism Promotion Bureau (SLTPB) to deploy technology to connect with the travellers both local and international in bringing out the experiences the Island nation can offer. First in this initiative is the promotion of…
Cabinet approval has been granted to import wheat under temporary import licenses as a substitute for corn to help the poultry industry. In order to control the escalation of prices of chicken and eggs due to total stoppage of import of especially corn as the raw material for the production of poultry food, permission has been…
The Riyadh Chamber of Commerce (RCC), under its International Trade Cooperation initiative, has extended their assistance towards Sri Lankan companies who are interested in having business linkages with Saudi companies. This has been enabled by the new listing of EDB Registered member companies of Ceylon Chamber of Commerce in the Riyadh Chamber of Commerce (RCC)…
The Cabinet of Ministers has granted their approval for the proposal submitted by the Minister of Lands to establish a ‘digital land data infrastructure and information services system’ with Korean funding worth US$ 60.3 million, subject to the recommendations from the Sri Lanka Information and Communication Technology Agency (ICTA). The establishment of the control network of…
Mastercard today announced its support for the Central Bank of Sri Lanka’s (CBSL) ‘Cash Wade’ campaign which aims to increase the adoption of digital transactions in Sri Lanka. The global technology company is set to embark on several initiatives aimed at encouraging consumers and businesses around Sri Lanka to enjoy the convenience and security offered…
The Cabinet of Ministers had approved a proposal presented by Minister of Urban Development and Housing to award M/s Access Engineering PLC the contract to build 400 housing units in Borella for Rs. 9.37 billion (without tax). The Elliot Place Housing Project with 400 housing units by the Urban Development Authority is for middle-income earners…
Under the guidance of the Ministry of Tourism, Sri Lanka Tourism Development Authority and the Department of Trade Commerce and Tourism of Central Provincial Council have organized a three-day special programme and several other events to celebrate the World Tourism Day 2020 in Kandy. World Tourism Day was declared by the United Nations World Tourism…
The latest data of the Central Bank of Sri Lanka (CBSL) points out that the government securities held by foreign investors in Sri Lanka (Treasury Bills and Treasury Bonds) had gradually increased recording an inflow of Rs.858 million in a week, during the period from 9 September 2020 to 16 September 2020. The value of…
Video Story
