Economic Stability Paves the Way for Financial Activities in Port City. Commitment to On-going Programs Promises a Brighter Future for the Nation. Revising IMF and Foreign Credit Agreements Could Undermine Future Prospects – President. Parliament Approves Key Regulations to Kick-start Financial Activities in Port City Yesterday- State Minister for Investment Promotion Dilum Amunugama. President Ranil…
The anticipated Asia Pacific Retailers Conference and Exhibition (APRCE) 2024 began on the 4th of September at the Shangri La Hotel, Colombo with a riveting welcome ceremony bringing together top leaders and innovators in the retail industry. This event organised by the Sri Lanka Retailers’ Association together with the Federation of Asia Pacific Retailers’ Associations…
The Commercial Bank of Ceylon has announced a series of attractive concessions for students making payments to foreign universities in the next three months. The Bank said it would slash the initial telegraphic transfer (TT) charges by half for Sri Lankans opening new student files before 30th November 2024, and reduce the interest rate by…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has revealed the next four finalists in the Dialog Innovation Challenge Grand Finale. The programme aims to discover innovative digital solutions with the power to positively transform the lives of Sri Lankans, as well as businesses and communities across the nation. This latest update highlights Dialog’s ongoing…
The Renewable Energy Protectors’ Association (REPA) called on the leading Presidential candidates to outline their plans to address the issues faced by the renewable energy sector, including the Power and Energy Minister’s recent decision to lower the tariff rate for solar energy projects to Rs. 27 per unit. REPA has also urged the public, particularly…
A special meeting to appraise the Members of Parliament on CBSL duties was held last Tuesday (03) in Parliament under the patronage of Hon. Mahinda Yapa Abeywardana, the Speaker. Members of Parliament, Dr. Nandalal Weerasinghe, Governor of the Central Bank, members of the Governing Board and the Monetary Policy Board, high officials of the Central…
The Ministry of Foreign Affairs launched online authentication process for birth, marriage and death certificates, in partnership with the Registrar General’s Department at a ceremony held on September 2, 2024 at the Ministry of Foreign Affairs. With the new online process, Sri Lankan citizens can apply for the authentication of their birth, marriage, and death certificates through the…
Large infrastructure projects of the government are often financed by foreign loans and grants. When the amount exceeds USD 100,000, the law requires information about the projects to be disclosed to the public online. However, compliance with the law is poor. In 2024, the government has disclosed only 40% of the required information on foreign-financed…
LTL Holdings Limited (LTL / the Company), Sri Lanka’s leading fully integrated power sector conglomerate with a 40-year track record, announced plans to launch an Initial Public Offering (IPO) and be listed on the Colombo Stock Exchange (CSE), making this the largest IPO to take place on the CSE. The IPO is an offer for…
In keeping with its forward-facing, tech-centric approach to improving customer experiences and providing the most accessible and efficient service, DFCC Bank continues to implement the acceptance of digital signatures across the network. Building on its partnership with LankaSign, DFCC Bank customers can now conveniently and seamlessly forward all formal requests and authorisations for transactions to…
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