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

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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

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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

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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

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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

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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

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Economics

WindForce and Vidullanka Invest Rs. 370 Million More into Solar Energy

WindForce PLC and Vidullanka PLC have entered into a definitive share sale and purchase agreement with Hi-Energy Services Ltd. on 11th July to

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Investing

Bingiriya Investment Zone to Generate $2.6 Billion in Export Income

The completion of the Bingiriya Investment Zone is projected to generate $2.6 billion in export income and create 75,000 job opportunities, stated President

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Economics

EU to Boost Ceylon Cinnamon Exports to Premium Markets

The European Union (EU) plans to leverage the expertise of the International Finance Corporation (IFC) to promote Ceylon cinnamon exports to higher-value markets,

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Industry Analysis

Seylan Bank’s Rs. 10 Billion Debenture Issue Oversubscribed on Opening Day

Seylan Bank announced that its recent Rs. 10 billion debenture issue was oversubscribed on its opening day, receiving applications for over 100 million

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