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Banks Not Planning Widespread Parate Proceedings, Assures Sri Lanka Banks' Association

Sri Lanka, July 2 -- The Sri Lanka Banks' Association (SLBA), the collective voice of all licensed commercial banks in the country, today moved to quell alarmist claims regarding widespread parate pro... Read More


Sri Lanka Receives 2.5 mn USD from Japan to Strengthen Anti-Corruption Mechanisms

Sri Lanka, July 2 -- Corruption undermines sustainable development, the well-being of its citizens, their trust in institutions and tax morale. The cost of corruption is felt by all segments of societ... Read More


IMF Executive Board Approves Fourth Review of Sri Lanka's EFF, Unlocking USD350 Mn in Support

Sri Lanka, July 2 -- The International Monetary Fund (IMF) Executive Board has successfully completed the Fourth Review under Sri Lanka's 48-month Extended Fund Facility (EFF) Arrangement, allowing th... Read More


TISL Launches Report on Sri Lanka's Progress in Combating Corruption under UN Convention

Sri Lanka, July 2 -- Transparency International Sri Lanka (TISL), on 26 June 2025, released an independent Civil Society Report assessing Sri Lanka's progress in fulfilling its commitments under the U... Read More


Why Sri Lanka needs a smarter approach to tobacco tax policy

Sri Lanka, July 2 -- Sri Lanka's tobacco taxation strategy is facing renewed scrutiny as authorities navigate the dual priorities of public health and revenue generation. Central to recent tobacco tax... Read More


SLT-MOBITEL partners AI Pazz, Sri Lanka's First AI-Powered Legal Research Platform

Sri Lanka, July 2 -- In a landmark move set to redefine legal research in Sri Lanka, SLT-MOBITEL Mobile has partnered with Redblocks AI (Pvt) Ltd to launch AI Pazz, the country's first-ever AI-powered... Read More


VIDEO: The AI Boom's Multi-Billion Dollar Blind Spot

Sri Lanka, June 29 -- AI reasoning models were supposed to be the industry's next leap, promising smarter systems able to tackle more complex problems. Now, a string of research is calling that into q... Read More


"Dream Destination" Project Commenced Renovation of 100 Railway Stations

Sri Lanka, June 29 -- President Anura Kumara Disanayake stated that the primary objective of the current Government is not to pursue incremental reforms within the existing framework, but rather to tr... Read More


Union Bank Launches Trade Connect For Seamless Trade Services

Sri Lanka, June 25 -- Union Bank proudly unveiled Union Bank Trade Connect, a modern, fully equipped one-stop hub for all trade services. Union Bank Trade Connect was inaugurated by Dilshan Rodrigo, D... Read More


Harshana Suriyapperuma Appointed New Secretary to the Ministry of Finance

Sri Lanka, June 23 -- President Anura Kumara Disanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance. The letter of appointment was handed over to Dr. Hars... Read More