TikTok has released its Q2 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from April to June 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experience for…
Top court rules total interest cannot exceed the original loan amount The Federal Supreme Court has reaffirmed that financial institutions in the UAE are prohibited from charging interest on accumulated or compound interest, and that total interest payable must not exceed the original value of the loan. The ruling came as the country’s highest court overturned a…
Sri Lanka – Greater Mekong Business Council Holds 14th AGM The 14th Annual General Meeting (AGM) of the Sri Lanka – Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce was held recently, at the Hilton Colombo Residence. The event was graced by Mr. Le Van Huong, Deputy Head of Mission of Viet…
SLIC Life Records a 32% Year-on-Year Growth in GWP New Business Surges by 61% to Rs. 5.4 Billion at the end of Q3 13.2 Billion Settled in Claims, Averaging Rs. 1.5 Billion Monthly Sri Lanka Insurance Life (SLIC Life) has recorded an impressive performance for the nine months ending 30th September 2025, reflecting the company’s…
Southern Cross University (Australia) and NSBM Green University (Sri Lanka) will sign a groundbreaking partnership this Friday, 24 October, to deliver an offshore program that will allow Sri Lankan students to earn Australian degrees locally at NSBM – without needing to relocate to Australia. This collaboration aims to expand access to globally recognised qualifications, enhance academic…
The Information Communication Technology Agency of Sri Lanka (ICTA) is pleased to announce that the technical issues which caused the recent disruption to the Lanka Government Cloud (LGC) services have been fully resolved. All affected online government services are now fully operational and accessible to the public. ICTA assures the public and government institutions that…
The Board of Investment of Sri Lanka (BOI) announced today that Foreign Direct Investment inflows including foreign commercial loans for investments to BOI-approved enterprises have reached USD 827 million during the period January to September 2025, marking a remarkable 138 percent increase compared to the corresponding value during the period in 2024. This Investment inflow came from four sources:…
The Sri Lankan delegation, led by Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), actively participated in a series of high-level bilateral and multilateral meetings during the 2025 World Bank Group/ International Monetary Fund (IMF) Annual Meetings in Washington, D.C., during October 13–18, 2025. Governor Dr. Nandalal Weerasinghe, during his participation at the Annual…
Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, was recognised with the prestigious “A Grade” award by Global Finance Magazine at the 2025 World’s Best Bank Awards Ceremony, held on the sidelines of the World Bank Group/International Monetary Fund (IMF) Annual Meetings in Washington, D.C., from October 13–18, 2025. The accolade…
Sri Lanka’s capital markets have the potential to play a transformative role in financing growth and attracting long-term investment. On Day One of the Sri Lanka Economic & Investment Summit 2025, organised by The Ceylon Chamber of Commerce, the sector deep dive “Capital Markets: Catalyst for Growth” will examine how equity and debt markets can…
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