President is ready to give judicial powers to the port city
President Ranil Wickremesinghe has announced the introduction of a new law to transform the Port City into a Financial Zone.
Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest
Sri Lanka has paid off the entirety of the $200 million loan from Bangladesh, taken through a currency exchange agreement
LOLC buys 90% stake in a Rwandan bank
LOLC Holdings yesterday disclosed that its sub-subsidiary LOLC Mauritius has acquired 90% stake in Unguka Bank PLC in Ruwanda for
CBSL announces new governing body
The newly established Governing Board of the Central Bank of Sri Lanka, constituted under the provisions of the recently promulgated
Former UK PM David Cameron to promote SL, Colombo Port City
Former UK Prime Minister David Cameron is to promote the Colombo Port City at a roadshow showcasing investment opportunities and
SL apparel industry needs to firm up vertical integration, import substitution: FAAMA
The Fabric Apparel Accessory Manufacturers Association (FAAMA) asserted the need for the local apparel sector to firm up vertical integration
Sri Lanka issues 538 soft alcohol licenses to boost tourism
Sri Lanka has issued 538 soft alcohol licenses under regulations started in 2022 to support the tourism sector, State Minister
Sri Lanka to import more eggs from India after price controls kill chicken
Sri Lanka’s cabinet of ministers gave the nod to import 92.1 million eggs from India to keep prices down to