As enunciated in the Central Bank’s Annual Policy Statement in January 2024, the domestic foreign exchange (FX) market, mainly comprising the Central Bank of Sri Lanka (CBSL), all Licensed Commercial Banks (LCBs) and the National Savings Bank (NSB), has successfully adopted the FX Global Code (FXGC), thereby adhering to a common set of guidelines to…
Sri Lanka Tourism displayed it’s potential of taking on major source markets as France, by promoting Sri Lanka as a key holiday destination equipped with everything that a traveler needs. This initiative was taken at the International Luxury Travel Mart (ILTM) 2024, in Cannes, France, which is one of the world’s leading luxury travel events….
The United Arab Emirates (UAE) has pledged its support to the Sri Lankan Government’s efforts to create a developed and prosperous nation. During a high-level meeting at the Presidential Secretariat Thursday (12) the UAE Ambassador to Sri Lanka, H.E. Khaled Nasser Al Ameri, assured President Anura Kumara Dissanayake of the UAE’s commitment to strengthening bilateral…
President Anura Kumara Dissanayake has directed the Ministry of Finance to implement measures to enhance the efficiency and resilience of Sri Lanka’s financial system. The President provided these instructions during a discussion with Finance Ministry officials at the Presidential Secretariat today (12). Highlighting the Central Bank’s crucial role as an independent institution, President Dissanayake assured…
High Commissioner of Sri Lanka to Bangladesh, Dharmapala Weerakkody held talks on enhancing bilateral trade ties between Bangladesh and Sri Lanka with Vice Chairman and CEO of the Export Promotion Bureau of Bangladesh (EPB), Anwar Hossain, on 09 December 2024 at EPB Office. Vice Chairman & CEO, Anwar Hossain also serves as the Administrator of…
Sri Lanka’s Colombo Stock Exchange (CSE) marked a historic milestone today (12) as the All Share Price Index (ASPI) crossed the 14,000-point mark for the first time, closing at 14,035.81 with a gain of 150.72 points. The S&P SL20 Index also saw significant growth, rising by 42.80 points to close at 4,186.09. Trading activity remained…
The Sri Lanka Export Development Board (EDB) and the International Trade Centre (ITC) co-organized a series of factory visits as part of the UK-Sri Lanka Trade Mission under the SheTrades Commonwealth+ Programme. 59 factory visits were held from December 2nd to 6th, the initiative brought buyers from the West and North Yorkshire Chamber of Commerce…
Lanka Milk Foods (CWE) PLC (LMF) has set an extraordinary benchmark at its Ambewela Farms, achieving a record-breaking daily milk production of 62,000 litres from a single source. This represents a truly massive growth from the 3,000 litres to 60,000 liters per day recorded. When the company took over the facility from the state sector…
The 31st FACETS Gem and Jewellery Show, organised by the Sri Lanka Gem and Jewellery Association (SLGJA) – in partnership with the National Gem and Jewellery Authority (NGJA), will open its doors between 4th and 6th January 2025 at the Cinnamon Grand, Colombo. Kicking off the new year, FACETS 2025 has become a highly anticipated…
Times of India – ChatGPT, the popular AI chatbot, is back online after a global outage on Thursday left millions of users unable to access its services. The outage, which began shortly before 7 pm ET (5:30 am IST), affected not only ChatGPT but also OpenAI’s API and Sora services. Services were restored around 8…
Video Story
