Onlineaccounting.lk Achieves ACCA UK’s Gold Accreditation
In a significant milestone for Sri Lanka’s education sector, onlineaccounting.lk has earned the prestigious Gold Accreditation from ACCA UK, becoming the first Sri
Education and Career
Economics
Tea Exports Cover $60M of Sri Lanka’s Fuel Debt to Iran
The Sri Lanka Tea Board announced that exports of Ceylon Tea have successfully offset $60 million of the country’s fuel bill owed to
Industry Analysis
SDF Achieves Record Profits in FY 23/24
Sarvodaya Development Finance (SDF) has reported its highest-ever profits for the financial year 2023/24, driven by significant growth in key financial metrics: SDF’s
Economics
PUCSL Approves 22.5% Electricity Tariff Reduction
The Public Utilities Commission of Sri Lanka (PUCSL) has approved a 22.5% reduction in electricity tariffs, effective from midnight on the 15th. PUCSL
Insurance
Sri Lanka Introduces Insurance Scheme for Schoolboy Rugby Players
Sri Lanka’s Ministry of Sports, led by Minister Harin Fernando, has launched a historic insurance scheme for schoolboy rugby players under 16 and
Stock Market
Sri Lanka Rupee Strengthens, Bonds and Stocks Rise
Sri Lanka’s rupee started stronger against the US dollar at 300.60/90 on Monday, marking a positive opening in the financial markets. Bond yields
Industry Analysis
NDB Recognized as ‘Technology Resilient Company of the Year’ at Digital Trust Awards
The Sri Lanka Chapter of ISACA introduced the ‘Digital Trust Award’ to honor organizations excelling in Information Security, with NDB clinching the top
Tourism
Sri Lanka Tourism Rebounds with 1.08 Million Tourist Arrivals
Sri Lanka is aiming for over 2.5 million tourist arrivals in 2024, marking a significant recovery as it surpassed 1,077,251 arrivals by July
Personal Finance
Navigating Sri Lanka’s Rising Costs: Household Financial Strategies
Sri Lankan Households Tackle Rising Expenses with Smart Financial Strategies As the cost of living continues to rise, Sri Lankan households are increasingly
Entrepreneurship
Sri Lanka to Address Funding Challenges for Startups with New Initiatives
In a bid to bolster its entrepreneurial ecosystem, Sri Lanka is set to roll out comprehensive measures aimed at tackling the longstanding issue