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The future of electric driving has arrived

Sri Lanka, July 21 -- Electric cars are no longer just about saving fuel or reducing emissions. They're quickly becoming the new standard for luxury, technology, and smart mobility. And two new models... Read More


Central Bank Imposes New Loan-to-Value Caps on Motor Vehicle Financing

Sri Lanka, July 18 -- The Central Bank of Sri Lanka (CBSL) yesterday announced new Directions, effective July 18, 2025, imposing maximum loan-to-value (LTV) ratios on credit facilities granted for the... Read More


Pre-Budget Discussions for 2026 Begin

Sri Lanka, July 17 -- A discussion on the preliminary budget framework and development direction related to the submission of proposals for the 2026 Budget was held yesterday afternoon (16) at the Pre... Read More


MoU to establish a laboratory with international accreditation facilities with a USD15 mn investment

Sri Lanka, July 15 -- A Memorandum of Understanding (MoU) was signed this morning (15) at the Presidential Secretariat between STEMedical of the USA and the Sri Lanka Institute of Biotechnology (SLIBT... Read More


SLPMA unveils compelling 'National Call to Produce Medicine in Sri Lanka' as strategic priority

Sri Lanka, July 15 -- The Sri Lanka Pharmaceutical Manufacturers' Association (SLPMA), in a historic step, has issued a powerful national call to action urging all stakeholders to come together in a b... Read More


Applications Invited for the 27th Presidential Export Awards

Sri Lanka, July 14 -- The Sri Lanka Export Development Board (EDB) is now calling for applications for the 27th Presidential Export Awards, which will be held under the patronage of His Excellency Pre... Read More


GovPay Crosses 50 Organisations & Announces Plans for Future of Government Digital Payments

Sri Lanka, July 14 -- At a media conference held today, the Information Communication Technology Agency (ICTA), in collaboration with LankaPay and under the guidance of the Ministry of Digital Economy... Read More


Softlogic Life completes 100% acquisition of Allianz Life Insurance Lanka Ltd

Sri Lanka, July 12 -- Softlogic Life Insurance PLC has successfully completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Limited (Life Business), following the receipt of re... Read More


Advocata Institute Urges Government to Uphold Electricity Sector Reforms

Sri Lanka, July 10 -- The Advocata Institute today called on the Sri Lankan government to reaffirm its commitment to the critical reforms initiated by the 2024 Electricity Act. The think tank emphasiz... Read More


TISL expresses deep concern over the inertia in appointing the Chairperson of the RTI Commission

Sri Lanka, July 10 -- As of July 9, 2025, Sri Lanka's Right to Information (RTI) remains without a duly appointed Chairperson. The seat has been vacant since the resignation of retired Supreme Court J... Read More