B2B meeting to boost Sri Lankan exports of fruits & vegetables to Oman

Sri Lanka, April 16 -- Sri Lanka Embassy in Oman jointly with the Sri Lanka Export Development Board, organised a virtual B2B meeting between Carrefour Oman and eight prominent Sri Lankan fruits and v... Read More

Greater flexibility to Licensed Finance Companies to raise funds from foreign sources

Sri Lanka, April 16 -- The Monetary Board of the Central Bank has issued new directions on foreign currency borrowings by Licensed Finance Companies (LFCs) with a view to provide flexibility for LFCs ... Read More

VIDEO: US Supreme Court rules in favor of Google over Oracle in copyright case of the century

Sri Lanka, April 16 -- Experts break down the significance of Google's win in a major case surrounding its copying of Oracle code in the development of its Android operating system. Published by HT D... Read More

Central Bank reduces exporter proceeds conversion rule to 10-pct

Sri Lanka, April 16 -- The Central Bank, having considered the requests made by exporters has amended Rule No. 2 of 2021 by reducing the percentage of mandatory conversion requirement of export procee... Read More

Australia - Sri Lanka strengthen ties over aerial drone surveillance

Sri Lanka, April 15 -- The Joint Agency Task Force Operation Sovereign Borders is supporting the Sri Lankan Police to establish an aerial drone surveillance capability. At a virtual ceremony on 8 Apr... Read More

Palitha Kohona formally presents Credentials to Chinese President

Sri Lanka, April 15 -- Ambassador Dr. Palitha Kohona presented Letters of Credence to President of the People's Republic of China Xi Jinping on 14 April 2021 at the Great Hall of the People in Beijing... Read More

ADB should ramp up efforts to mitigate COVID-19 impact on SDGs: independent evaluation

Sri Lanka, April 14 -- The Asian Development Bank (ADB), in partnership with other development organizations, must give high priority to efforts to assess and address the implications of the coronavir... Read More

Singapore Airlines to increase flight frequency to Sri Lanka

Sri Lanka, April 12 -- Singapore Airlines will increase its flight frequency to Sri Lanka from 3 times to 5 times weekly, from 01 May 2021, operating the Airbus 350-900MH aircraft. Singapore Airlines... Read More

Market capitalization of Colombo Stock Exchange increases by MoM 6.4-pct

Sri Lanka, April 12 -- Forex Market The USD/LKR TT buying and selling exchange rates on 12th April 2021 were marked at LKR 199.15 and LKR 203.73 respectively. The indicative USD spot exchange rate th... Read More

Central Bank suspends business of Swarnamahal Financial Services

Sri Lanka, April 12 -- The Monetary Board of the Central Bank has decided to suspend the business of Swarnamahal Financial Services PLC (SFSP) with effect from today. Having considered the continuous... Read More