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First LNG powered vessel calls at Hambantota International Port

Sri Lanka, March 17 -- The first LNG battery hybrid powered RORO vessel berthed at the Hambantota International Port (HIP) for the discharge of construction machinery and equipment (high and heavy veh... Read More


Ceylon Chamber calls for collaborative solutions on debt recovery framework

Sri Lanka, March 14 -- The Ceylon Chamber of Commerce is deeply concerned about the decision by the Cabinet of Ministers to temporarily suspend the parate execution law. While we understand that cert... Read More


World Growth Outlook Improves, but Inflation Is Showing Persistence: Fitch Ratings

Sri Lanka, March 14 -- Near-term world growth prospects have improved and Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3pp to 2.4% in its latest Global Economic Outlook (GEO) publ... Read More


Selection Process for New IMF Managing Director Begins

Sri Lanka, March 14 -- The Executive Board of the International Monetary Fund (IMF) has initiated the selection process for its next Managing Director. The announcement was made by the Board Coordinat... Read More


IMF Called Upon by Human Rights Watch to Intervene in Sri Lanka's Proposed NGO Law

Sri Lanka, March 13 -- Human Rights Watch (HRW) has called on the International Monetary Fund (IMF) to urge the Sri Lankan government to abandon draft legislation that could severely limit civil socie... Read More


CA Sri Lanka Members Chandrika Muhandiramge and Ranjani Joseph clinch top regional awards

Sri Lanka, March 13 -- Two female fellow members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) brought honour to the nation and the local accounting fraternity earlier this mon... Read More


SEC appoints two top professionals to drive its HR and Organisation Transformation agenda

Sri Lanka, March 13 -- The capital market regulator, Securities and Exchange Commission of Sri Lanka (SEC) has appointed two experienced and talented professionals to head its HR function and drive th... Read More


AICPA & CIMA recognise 20 Top Employers in Sri Lanka

Sri Lanka, March 11 -- AICPA & CIMA, together as the Association of International Certified Professional Accountants, revealed the names of the most attractive companies for accounting and finance pro... Read More


Backbay Solar and Orbital Energy commissions 2-megawatt capacity solar plants in East

Sri Lanka, March 11 -- Backbay Solar (private) Limited commissioned 2-megawatt ground-mounted solar power plants in Kommathurai Batticaloa on Sunday 10th March 2024, which are a part of the 1X90 SBS I... Read More


New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka

Sri Lanka, March 10 -- Small and medium enterprises (SMEs) in Sri Lanka are set to benefit from the newly established Secured Transactions Registry (STR), which aims to facilitate the use of moveable ... Read More