The Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe assured that Sri Lanka’s foreign reserves remain robust. He made this remark during his appearance on Ada Derana’s current affairs programme ‘360°’ last night (06). Speaking during the programme, the CBSL chief said: “The target was around Rs.5.6 billion, but we increased it…
JICA Pledges Support for Sri Lanka’s “Clean Sri Lanka” Programme Attention drawn to expedite the on-going development work at the Bandaranaike International Airport The Japan International Cooperation Agency (JICA) will continue its financial and technical assistance to Sri Lanka without interruption, stated Mr. HARA Shohei, Senior Vice President of JICA. This assurance was revealed during…
Sri Lanka has recorded over 39,000 tourist arrivals within the first 5 days of year, according to the Sri Lanka Tourism Development Authority (SLTDA). Accordingly, a total of 39,415 tourist arrivals were recorded from 01 – 05 January, out of which 6,481 were identified as Russian nationals, while 6,183 were identified as Indian nationals. While…
HONG KONG, Jan 6 (Reuters) – China’s main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world’s second-largest economy. At least four large mutual funds received…
The Colombo Stock Exchange (CSE) experienced another sharp downturn today (January 6), with the All Share Price Index (ASPI) dropping 170.82 points to close at 15,878.60, marking a significant decline below the 16,000-point threshold. This marks the second consecutive day of losses for the ASPI, following a record-breaking growth streak of 26 days that ended…
Within just the past few years, payments have transformed entirely — tap to pay has become even more prevalent, traditional financial institutions are exploring blockchain, and generative AI is emerging as critical to boosting fraud protection rates by as much as 300%. Borders are no longer barriers to global trade, instant access to earnings is…
Mogo Media Academy, a premier creative education institute, proudly announces its partnership with EDEX Expo 2025 as the Platinum Sponsor. This milestone collaboration marks a significant step in the academy’s mission to inspire and nurture Sri Lanka’s next generation of media and creative professionals. EDEX Expo 2025, Sri Lanka’s largest education exhibition and job fair,…
Spotlight on Key Reforms at the Sri Lanka Economic Summit The Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce will be inaugurated on January 28th at the Shangri La Hotel Colombo, under the theme Shaping Sri Lanka’s Future: Transformational Growth Rooted in Sound Economic Policies. On day 2 of the Summit on…
The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months…
The Sri Lanka Gem and Jewellery Association (SLGJA), in collaboration with the National Gem and Jewellery Authority (NGJA), proudly inaugurated the 31st edition of FACETS Sri Lanka, Asia’s premier gem and jewellery exhibition, on January 4, 2025, at the Cinnamon Grand Hotel, Colombo. This three-day event, running from January 4 to 6, promises to showcase…
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