he Central Bank of Sri Lanka (CBSL) has stated that Sri Lankan migrant workers sent a total of US $695.7 million in remittances to the country in September this year. This has been revealed in the latest report released by the CBSL. According to the report, foreign remittances received in the same month last year…
His Excellency the President of the Democratic Socialist Republic of Sri Lanka has appointed Mr. Maithri Evan Wickremesinghe, P.C. as a member of the Governing Board (GB) of the Central Bank of Sri Lanka (CBSL) with effect from 02.10.2025. In terms of the provisions of the Central Bank of Sri Lanka Act, No. 16 of…
President Anura Kumara Dissanayake emphasized that the security of investors and investments coming into the country has been ensured under the current government. He made this remark during a discussion held last Saturday (11) at the Presidential Secretariat with a delegation of U.S. business representatives visiting the country to study Sri Lanka’s investment opportunities, business…
Sumsub Releases 2nd Global Fraud Index In Collaboration With Statista, Studying Fraud Trends Across 100+ Countries Index reveals that Europe leads in fraud protection, while the U.S. and many Asian countries see major declines. Sumsub, a global verification and anti-fraud leader, released the second edition of its Global Fraud Index, produced in collaboration withStatista, CryptoUK, Digital Assets Association, Vixio Regulatory Intelligence, and…
The countdown is on! With just four days remaining for final registration, industry leaders, investors, and opportunity seekers are encouraged to secure their place at Voyage Sri Lanka 2025, the international marine summit organised by the Sri Lanka Export Development Board (EDB). Taking place on 16 October 2025 at The Kingsbury, Colombo, this flagship event…
Singapore-based Aster Chemicals & Energy Pte Ltd has successfully raised USD 1 billion through an oversubscribed sustainability-linked syndicated term loan (SLL) facility, backed by a consortium of leading international lenders and credit funds. The initial USD 700 million facility was upsized by an additional USD 300 million via the exercise of a green-shoe option, reflecting…
Asia-Pacific Falls Behind in Fraud Protection, According to Sumsub’s 2nd Global Fraud Index APAC drops to fourth place amid rising fraud exposure, trailing Europe, the Middle East, and the Americas Key markets, including Singapore, Malaysia, and Japan, experiencing significant declines in their rankings Singapore tops the Government Intervention pillar globally, despite an overall decline in…
Sri Lanka’s apparel sector continues to establish itself as a global benchmark for sustainability, with leading manufacturers Brandix, Teejay Lanka, Hirdaramani, Hayleys Fabric and MAS Holdings publishing their latest reports that showcase progress across climate action, circularity, ethical practices, and community empowerment. Climate action and net zero leadership From Net Zero certified factories to science-based…
The Sri Lanka Institute of Marketing (SLIM), the nation’s apex body for marketing, is proud to announce that Sri Lanka will host the prestigious World Marketing Forum (WMF) for the very first time. Endorsed by the Ministry of Industry and Entrepreneurship Development, this landmark occasion marks a defining moment for the country, reinforcing Sri Lanka’s…
National IT Conference (NITC) 2025 will be held from October 14–16, 2025 The National Information Technology Conference (NITC) 2025, organized by the Computer Society of Sri Lanka (CSSL), stands this year as far more than just a gathering of ICT professionals. It has become a moment of national significance, bringing together industry leaders, academics, policymakers,…
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