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No need to raise funds from global debt markets even in 2028: CB Governor

Sri Lanka, March 28 -- While Sri Lanka is likely to regain access to global capital markets in two years, Central Bank (CB) Governor Dr. Nandalal Weerasinghe believes the government should refrain fro... Read More


Sri Lanka eyes Chinese and Southeast Asian tourism boom with Alipay+

Sri Lanka, March 27 -- Sri Lanka is making its biggest digital payments push yet, to attract the free-spending Chinese and Southeast Asian tourists, with the launch of Alipay+ across the island's merc... Read More


Apparel exporters fear over US$1 bn loss as SVAT abolition looms

Sri Lanka, March 26 -- Sri Lanka's apparel exporters are expressing serious concerns that the impending abolition of the Simplified Value Added Tax (SVAT) system could lead to a significant downturn i... Read More


Transshipment decline at Port of Colombo extends to second straight month in February

Sri Lanka, March 25 -- The transshipment volumes at the Port of Colombo declined for the second straight month in February, as the services that earlier pulled out of Colombo, amidst heavy congestion,... Read More


Transshipment decline at Port of Colombo extends to second straight month in February

Sri Lanka, March 25 -- The transshipment volumes at the Port of Colombo declined for the second straight month in February, as the services that earlier pulled out of Colombo, amidst heavy congestion,... Read More


Cyber security an afterthought for most fintech apps in Sri Lanka: Mastercard

Sri Lanka, March 24 -- Cybersecurity has become an afterthought for most fintech apps in Sri Lanka, while banks also show reluctance to leverage available technology to protect their consumers from fr... Read More


No reversal on vehicle import liberalisation, assures President Dissanayake

Sri Lanka, March 12 -- President Anura Kumara Dissanayake reaffirmed that the government would not reintroduce import controls on vehicles, noting that US$ 150 million worth of Letters of Credit (LCs)... Read More


Portfolio investors bullish on SL, but FDI requires long-term stability: StanChart

Sri Lanka, March 12 -- Standard Chartered Bank yesterday expressed optimism about Sri Lanka's economic outlook, highlighting renewed confidence among portfolio investors. While acknowledging that fo... Read More


Govt. to fast-track long-delayed IP amendments for Madrid Protocol accession

Srilanka, Feb. 6 -- The government has decided to present the long-delayed amendments to Intellectual Property Act No. 36 of 2003, to access the protocol relating to the Madrid Agreement that is admin... Read More