Companies and institutions have no legal provisions to impose additional charges ranging from 2.5% to 3% on customers for transactions made using credit or debit cards, the Director of Payments and Settlements at the Central Bank of Sri Lanka (CBSL), Vasantha Alwis has stated. He made this statement during a press briefing held at the…
Sri Lanka’s real estate sector is demonstrating robust signs of recovery and renewed investor confidence in 2025, buoyed by a stabilizing economy and favorable market conditions. The latest “Real Estate Market Outlook Report 2025 (REMOR25)” by LankaPropertyWeb (LPW) highlights a significant resurgence across the property landscape, with key indicators pointing towards sustained growth. One of…
Reuters – Britain and India will sign a landmark free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses. The two countries concluded talks on the long-coveted free trade pact in…
A seminar on “Financial Literacy” was held on 18th July 2025 at the Ministry of Education, providing a platform for stakeholders involved in ongoing education sector reforms to contribute to the integration of financial literacy into the school curriculum. The initiative was spearheaded by Hon. Prof. Anil Jayantha Fernando, Minister of Labour and Deputy Minister…
The Group is recruiting more than 17,300 professionals across 350 roles this year The Emirates Group has kickstarted a global talent scouting and acquisition drive, revving up this phase of its phenomenal growth. This financial year, the aviation powerhouse is looking to onboard 17,300 people, equivalent to a mid-size town or the seating capacity of…
Since 2010, the Government of Japan has been actively supporting the professional development of executive-level young government officials in Sri Lanka by providing opportunities for Postgraduate Degree programmes. These scholarships are offered on a grant basis through the Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme. The programme is funded by the Government…
A meeting with the group of business community supporting the implementation of the ‘Dream Destination’ project, which aims to modernize 100 railway stations across the country, was held yesterday (23) at the Presidential Secretariat under the patronage of the Secretary to the President, Dr. Nandika Sanath Kumanayake. During the discussion, Dr. Kumanayake emphasized the importance…
Sri Lanka Convention Bureau (SLCB) is the national tourism organization which functions under the Ministry of Foreign Affairs, Foreign Employment and Tourism and is responsible for the development and promotion of the MICE industry in Sri Lanka. MICE industry i.e. Meetings, Incentive Travel, Conferences and Exhibitions is recording 12% of the total visitor arrivals with…
The Sri Lanka Association of Software and Services Companies (SLASSCOM), the National Chamber for the knowledge and innovation industry in Sri Lanka, announced the appointment of its new Board of Directors and General Council for the year 2025/2026. This dynamic leadership team brings together seasoned professionals and trailblazers from across the technology and innovation spectrum, demonstrating SLASSCOM’s…
Indian film superstar Hrithik Roshan is scheduled to visit Sri Lanka next month to attend the grand inauguration of the City of Dreams Sri Lanka project, which will officially open on August 2. An announcement on the official Facebook page of City of Dreams Sri Lanka confirmed the actor’s presence at the event, stating: “We’re…
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