The Association of Professional Bankers, Sri Lanka (APB), the leading representative body for banking professionals in the country, has taken a notable step in furthering its mission by appointing a group of distinguished leaders from both private and public sector banks to serve as Advisers and members of its Fund Management Committee. This development marks…
MTI’s International Team in Bhutan this week An international team of MTI Consultants, along with their Bhutan-based Associates, are in Thimphu this week to launch the Bank of Bhutan’s 6-year Corporate Strategic Plan, with a strategic thrust on AI integration and Digital Transformation. Bank of Bhutan (BoB) is the largest and oldest commercial bank in…
The above mentioned company submitted an investment application to BOI on 9th December 2023, to manufacture and export mattresses to multiple countries. As a member of the World Trade Organization (WTO), Sri Lanka has an obligation to adhere to the global rules based trading system established by the WTO, and all trade related activity are…
HNB Finance PLC has delivered an outstanding performance for the financial year ended March 31, 2025, continuing its positive growth trajectory and further strengthening its position in Sri Lanka’s financial services sector. The Company reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the financial year 2024/25, marking a remarkable 112% increase compared to Rs. 1…
As part of the “Clean Sri Lanka” initiative, a development project has been proposed to enhance the area surrounding the Nelumwewa hot springs in Welikanda, Polonnaruwa, with the aim of promoting it as a tourist attraction. A discussion regarding the proposed development was held Yesterday morning (24) at the site, followed by a field inspection….
A meeting between Secretary to the President Dr. Nandika Sanath Kumanayake and the Bank of Ceylon (BoC) Employee’s Union was held yesterday morning (24) at the Presidential Secretariat. The discussion focused extensively on the current issues in the banking sector, with attention directed toward identifying appropriate and effective solutions. During the meeting, Dr. Kumanayake emphasized…
Showcasing it’s potential to promote Sri Lanka as a top tourism destination, Sri Lanka Tourism hosted a successful Familiarization Tour for ten leading Travel Agents all across Australia, including Melbourne, Sydney, and the Gold Coast. These agents completed a 10-day Tour around Sri Lanka, experiencing the country’s diverse tourism offerings. Being the first time visitors…
The airline has carried over 1.7 million passengers in the past 2 weeks Emirates’ passengers experienced minimal disruptions to their travel plans after last night’s (23 June) regional events, with regularly scheduled flights resuming within a few short hours. The airline quickly activated its robust contingency and disruption plans, with no diversions, only a small…
Bloomberg – Oil slumped and stocks gained as US President Donald Trump said Tuesday a ceasefire has been implemented between Israel and Iran, spurring optimism there will be a lasting pause in the conflict. Brent crude slid almost 5% in early Asian trading, briefly dropping below the level of June 12, the day before Israel attacked…
The Sri Lanka Export Development Board (EDB) recently convened a high-level meeting to explore strategic collaboration for the implementation of the newly launched Initiative for Textile Sustainability Benchmarking (ITSB) a transformative platform aimed at elevating sustainability standards across Sri Lanka’s textile and apparel sector. The ITSB initiative is a joint effort by the Global Reporting…
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