The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Overnight Policy Rate (OPR) by 25 bps to 7.75% at its meeting held on Wednesday (21), thereby easing monetary policy further. The Board arrived at this decision after carefully considering the developments both domestically and globally, the CBSL…
By Senior Journalist Seelaratna Senarath In a time of mounting global inequality, persistent poverty, and fractured multilateralism, the 2025 China–South Asia Forum on Poverty Reduction and Development Cooperation, held in Colombo on May 15, emerges as a compelling case for how nations can—and must—collaborate to uplift the vulnerable. This isn’t just a diplomatic formality; it…
SriLankan Airlines has launched a major recruitment drive in search of new cabin crew talent to represent its renowned frontline team, in line with the airline’s expansion plans amid growing passenger volumes and emerging markets. The process began with a public advertisement that drew nearly 12,000 applications. Demonstrating its commitment to transparency in selection, the…
Sri Lanka and China to strengthen Bilateral and Cultural ties by joining hands to preserve ‘’Cultural Heritage and Tourism ‘’ Two Tourism Promotional strongholds got together, as Sri Lanka Tourism and City Alliance for Maritime Silk Road Heritage Conservation and World Heritage Nomination (CAMSR ) further strengthened their bilateral and cultural ties focusing on Heritage…
A strategic planning session focusing on current export conditions, regional potential, and the necessary interventions to enhance export development in the North Western and North Central Provinces was held recently at the Kurunegala District Secretariat. The session was chaired by Hon. Sunil Handunnetti, Minister of Industry and Entrepreneurship Development, with the objective of strengthening provincial-level…
The Department of Labour has issued a statement regarding the resumption of services related to the Employees’ Provident Fund (EPF). According to the statement, labour offices across the island will resume accepting EPF benefit application forms from noon today (21). Services will be resumed following the completion of urgent and essential maintenance work carried out…
The National SME Forum 2025 organised by The Ceylon Chamber of Commerce brought together over 200 Small and Medium Enterprises (SMEs) from across Sri Lanka, alongside government institutions, development partners, corporate leaders, and trade support organisations, offering SMEs the opportunity to connect directly with key stakeholders, access practical support, and explore new business and export…
The Embassy of Sri Lanka in Washington D.C. opened its doors for American visitors as part of Passport DC’s ‘Around the World Embassy Tour’ from 09.30 a.m. to 5.00 p.m. on Saturday, 03rd May, 2025. Under the advice and guidance of Ambassador Mahinda Samarasinghe, the Embassy made elaborate arrangements to promote Sri Lanka as an…
Reuters – Tech entrepreneur Elon Musk’s SpaceX-owned satellite internet service Starlink launched in Bangladesh on Tuesday, as the South Asian nation steps up efforts to ensure reliable, uninterrupted access to the internet. Muhammad Yunus, who has led the government since Prime Minister Sheikh Hasina fled Bangladesh following weeks of violent protest last year, has said…
Emirates passengers to receive commemorative gift when travelling on International Tea Day Celebrating International Tea Day on 21 May, Emirates and Dilmah Tea will be presenting a complimentary pack of luxury leaf artisan teas to customers on all flights, commemorating a successful 33-year partnership, and more than 33 million cups of tea served every year….
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