Jetstar will take off for the first time from Australia to Sri Lanka in August next year, with the launch of the only direct low-cost service from Melbourne to the South Asian nation’s capital, Colombo. From 25 August 2026, Jetstar will become the first Australian airline to operate this route, flying three times a week between Melbourne and Colombo and offering more than 100,000 low-fare seats a year on the new route. Upgraded aircraft This year-round service will be operated by Jetstar’s fleet of 11 widebody Boeing 787 Dreamliners which are progressively being upgraded from…
Binance, the world’s largest cryptocurrency exchange by trading volume and users, today announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation of Binance’s global platform, Binance.com, under a comprehensive regulatory framework. This global first…
Seylan Bank PLC entered a strategic partnership with the Central Depository Systems (Pvt) Limited (CDS), the wholly owned subsidiary of the Colombo Stock Exchange (CSE), through the signing of a Memorandum of Understanding (MoU) aimed at enhancing investment accessibility for non-resident investors. The MoU enables prospective, non-resident individual investors with Inward Investment Accounts (IIAs) to…
The Sri Lanka–Russia Business Council (SLRBC) of The Ceylon Chamber of Commerce successfully held its 22nd Annual General Meeting at the Cinnamon Grand Colombo – Oak Room, with the presence of senior government officials, business leaders, diplomatic representatives, and members of the Council. The meeting was attended by His Excellency Levan Dzhagaryan, Ambassador of the…
The Colombo Tea Traders’ Association is the private sector apex body of the tea industry. The Committee of the association encompasses a broad spectrum of industry stakeholders that includes representatives from The Planters’ Association of Ceylon, Sri Lanka Tea Factory Owners’ Association, Colombo Brokers Association, Tea Exporters’ Association, Sri Lanka Federation of Tea Smallholdings Development…
The Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka’s export sector. A discussion meeting was held recently at the EDB premises, with the participation of Secretary to the Ministry of Industry and Entrepreneurship Development Mrs. Tilaka Jayasundara, EDB Chairman and…
Global Times – China’s foreign exchange reserves reached $3,346.4 billion at the end of November, up $3 billion from the end of October, marking a 0.09 percent increase, according to data released by the State Administration of Foreign Exchange (SAFE), which noted that China’s economy remains stable, supporting steady forex reserves. The nation’s gold holdings…
Mr. Evan Papageorgiou, International Monetary Fund (IMF) Mission Chief for Sri Lanka issued the following statement today: “In the wake of the devastating impact and widespread destruction caused by Cyclone Ditwah, we extend our deepest sympathies to the people of Sri Lanka who have been profoundly affected by this disaster. “The Sri Lankan authorities have…
The Central Bank of Sri Lanka (CBSL) has ordered all licensed banks to extend temporary debt relief and new credit support to individuals and businesses hit by the recent cyclonic and flood disasters. Under Circular No. 04 of 2025, affected borrowers can request assistance until 15 January 2026. Banks may suspend repayments for up to…
SLT‑MOBITEL urgently requests the public not to remove or cut the SLT-MOBITEL Fibre and Copper cables that may be lying on the ground following the recent extreme weather conditions. These cables are operational even when fallen, and several service disruptions have already been reported throughout multiple cities due to their removal or damage. Safeguarding these…
Video Story
