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Johnston pleads guilty in vehicle tax evasion case, sentence on 11

Sri Lanka, Oct. 29 -- Former Minister Johnston Fernando yesterday pleaded guilty before the Colombo Fort Magistrate's Court to charges stemming from the unlawful possession of an unregistered luxury v... Read More


Arrested former NYSC Chairman gets bail in CIABOC case

Sri Lanka, Oct. 29 -- Former National Youth Services Council (NYSC) Chairman Lalith Piyum Perera was arrested yesterday (28) by the Commission to Investigate Allegations of Bribery or Corruption (CIAB... Read More


Trial-at-Bar to take up Namal's Airbus bribery case on November 19

Sri Lanka, Oct. 29 -- A case filed against four accused including Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa in connection with the Airbus bribery case, was yesterday fixed for November 19 ... Read More


Asia Asset Finance goes fully electric with a vision to power every branch

Sri Lanka, Oct. 29 -- Asia Asset Finance PLC has replaced every vehicle in its company fleet with an electric vehicle, marking a decisive step in its sustainability journey. The company's ambition ext... Read More


DFCC Bank strengthens regional development-finance links through exchange with Bhutan Development Bank and ADB

Sri Lanka, Oct. 29 -- DFCC Bank further strengthened its regional development-finance relationships recently hosting representatives of Bhutan Development Bank Limited and the Asian Development Bank's... Read More


AI-powered instant loan facility through BOC Flex

Sri Lanka, Oct. 29 -- Bank of Ceylon (BOC) has introduced an artificial intelligence (AI)-powered instant loan facility through its BOC Flex mobile banking application, enabling eligible customers to ... Read More


Alliance Finance to raise upto Rs.1bn in orange bond issue

Sri Lanka, Oct. 29 -- Alliance Finance Company PLC plans to raise up to 1 billion rupees through an issuance of senior, gender-responsive, orange-labeled bonds, the company said in a stock exchange fi... Read More


Empowering young people for SL's Blue Green Economy

Sri Lanka, Oct. 29 -- The British Council, in partnership with HSBC Sri Lanka, has launched Youth Connect: Inclusive Economic Empowerment (IEE) - Green Pathways, a new initiative designed to support y... Read More


British Airways resumes Sri Lanka flights with special fares

Sri Lanka, Oct. 29 -- British Airways has resumed direct flights between Sri Lanka and the United Kingdom after an 11-year hiatus, offering return fares from Rs. 255,000 as the airline seeks to tap gr... Read More


AirAsia restores frequencies on the Colombo-Bangkok and Colombo-Kuala Lumpur routes

Sri Lanka, Oct. 29 -- AirAsia continues to strengthen connectivity between Sri Lanka and Southeast Asia by restoring frequencies on its Colombo (CMB) - Kuala Lumpur (KUL) and Colombo (CMB) - Bangkok (... Read More