Reaching an important milestone of promoting the destination across the globe, Sri Lanka Tourism Promotion Bureau, in collaboration with Airport Aviation Services and Sri Lankan Airlines, welcomed the one million tourist arrival to Sri Lanka on 29th Saturday 2024. The lucky couple to complete this much anticipated visit of the year was Paul and Patricia…
The Central Bank of Sri Lanka (CBSL) wishes to announce the implementation of the Banking (Amendment) Act, No. 24 of 2024, effective from 15.06.2024. These amendments were formulated with a view to further strengthening the legal and regulatory framework applicable for licensed commercial banks and licensed specialised banks (licensed banks) to enhance the resilience of…
The MSME Tourism Business Summit 2024, a pivotal event for Sri Lanka’s economic development, has been successfully hosted in Sigiriya. This initiative, a collaboration between the Federation Chambers of Commerce and Industry Sri Lanka (FCCISL) and the Australian Government-funded Skills for Inclusive Growth (S4IG) program, marks a significant achievement for the nation’s tourism industry. The…
Unveils BYD pure electric vehicles – BYD DOLPHIN, BYD ATTO 3, BYD SEAL Will be introducing the BYD DM-i vehicle, BYD SEALION 6, the first model equipped with BYD DM-i technology (BYD Super Plug-in Hybrid EV Technology) in Sri Lanka in the near future Ambitious showroom network planned across the nation with first flagship showroom…
The Ceylon Chamber of Commerce congratulates the Government in securing an agreement with the official bilateral creditors of external debt. We extend our appreciation to the Official Creditors Committee chaired by France, India and Japan, members of the committee, China and the EXIM Bank of China and the Paris Club Secretariat. We also recognize the…
The Ceylon Chamber of Commerce announced the re-election of its Board for the Year 2024/25 at the Chamber’s 185th Annual General Meeting on June 27. The re-elected Board comprises Chairman Duminda Hulangamuwa – Country Managing Partner for Sri Lanka and The Maldives, Ernst & Young, Vice Chairman Krishan Balendra – Chairman John Keells Holdings PLC,…
On June 26, the U.S. Embassy in Colombo, in partnership with the Sri Lanka Department of Import and Export Control, launched the first Sri Lanka Strategic Trade Forum. This event brought together a diverse audience from government and the private sector to address critical aspects of trade security and explore the development of competitive practices…
Softlogic Life, the second-largest life insurer in the Sri Lankan market, has announced a Rs. 6 billion share buyback, pending shareholder approvals. The buyback price is Rs. 102.40 per share for up to 58,593,750 shares of the current 375,000,000 shares in issue. The company aims to optimize capital and enhance shareholder value, leveraging its strong…
All re-exports should be done only on the recommendations of the Ministry of Industries – Minister of State for Finance Dr. Ranjith Siyambalapitiya State Minister for Finance Dr. Ranjith Siyambalapitiya says that measures are being taken to ban the illegal export of metal, iron, related equipment and scrap in the country, and in the future,…
Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”), and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”) successfully completed the share sale transaction, with Dialog acquiring 100% of the issued shares in Bharti Airtel Lanka (Private) Limited (“Airtel Lanka”) through a share swap. Post this share swap, Axiata holds 73.75% of Dialog while Bharti Airtel will…
Video Story
