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Key reforms in consolidating NBFI sector comes under the spotlight

By Sanjeewa Bandaranayake Non-Banking Financial Institutions (NBFI) sector has evolved over the past years to be a stronger force in the finance industry in Sri Lanka. Unfortunately, the public only…

Writings and statements of Sri Lanka’s most internationally recognized Ambassador now in a single volume

Sri Lanka Unites is the honored custodian of this comprehensive compilation of Ambassador Jayantha Dhanapala’s work December 15, 2019 saw the launch of a long awaited book sharing the life…

Expolanka supports post-COVID revival of air freight forwarding from Mattala Airport

Leverages longstanding relationships with international carriers to ship exports Leading integrated global logistics solutions provider, Expolanka Freight (EFL) announced the successful completion of two shipments of general and perishable goods…

Ambalanoda G.M.A de Silva Jewellers marks 100 golden years of business in 2020

G M A de Silva, one of the most trusted jewellers for the consumers in Southern Sri Lanka, will be celebrating its 100th anniversary this year. GMA de Silva (Pvt)…

Maximum interest rate on credit cards reduced to 18%

The Central Bank of Sri Lanka (CBSL) has revised the regulated interest rates for Credit Cards, Pre-arranged Temporary Overdrafts, Pawning Facilities and Penal interest rate over the regular interest rate.…

CBSL expects GDP growth to pick up pace in Q4 2020

Sri Lanka is expecting a contraction of gross domestic product (GDP) in the second quarter of 2020 and a rebound in the fourth quarter of the year, Chandranath Amarasekara, Director…

ICTA board further strengthened by leading industry tech personalities

Sri Lanka’s technological transformation is at the forefront of His Excellency President Gotabaya Rajapaksa’s vision for the country. To strengthen the execution of this digital roadmap, three strategic new appointments…

Colombo Stock Brokers Association extends well wishes to the new government and commends the appointment of a special minister

With the appointment of the new cabinet of ministers bringing about, a re-start to Sri Lanka’s economic activities, the Colombo Stock Brokers Association (CSBA) extends its wholehearted congratulations and best…

SL will halt oil palm cultivation: President

Delivering the Policy Statement of the new government at the ceremonial sitting of the Parliament today (20), President Gotabaya Rajapaksa stated that Sri Lanka will halt the cultivation of oil…

Huawei P40 Pro released in Sri Lanka with a pack of incredible features

Huawei, the innovative smartphone manufacturer recently launched the feature packed Huawei P40 Pro in Sri Lanka taking the smartphone photography a step further. This powerhouse has a refractive matte finish…