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The volatile nature of the global economy has made it imperative for financial institutions to have robust credit risk management strategies in place. Covid -19 has brought in further challenges...
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SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, today announces that the Central Bank of Sri Lanka (CBSL), has...
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Business leader Susantha Ratnayake resigned as Chairman of the Investment Board of Sri Lanka (BOI) with effect from yesterday (30). Ratnayake resigned from the board for personal reasons, though volunteering...
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Coronavirus: As of this morning (1), a total of 503 including 496 locally identified, 3 expatriates from UAE, 1 Expatriate from Qatar, one seafarer and one person from Uganda, and...
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Dileeni Daniel-Selvaratnam, a British citizen of Sri Lankan origin, was appointed Governor of Anguilla in succession to Tim Foy (OBE), said the United Kingdom Foreign Office on Saturday (28). Selvaratnam...
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Ambassador of Sri Lanka to the Russian Federation Prof. M.D. Lamawansa presented his letters of credence to President Vladimir Putin on 24 November 2020. Keeping with the tradition, the ceremony...
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The Embassy of Sri Lanka in Manila, as an initiative to further strengthen bilateral trade relations in identified priority sectors with the Philippines, continues to explore opportunities for Sri Lanka...
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Minister of Justice Ali Sabry has appointed a five-member committee to investigate the incident at the Mahara Prison on Sunday and to submit a report with recommendations. The committee is...
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The G. C. E. Ordinary Level Examination will not take place as scheduled, said Minister of Education, Professor G. L. Peiris, on Tuesday (01) in Parliament. 'This is a difficult...
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Several proposals for upgrading sports schools and sports scholarships in the country have been approved by the Cabinet of Ministers. These initiatives include an increase in sports schools, the improvement...
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Cabinet Decisions taken on 30th November 2020 Source More News: Sri Lanka’s first-ever virtual cabinet meeting held today
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The second report on the Budget Proposal of the Committee on Public Finance (COPF) is expected to be submitted to Parliament on Wednesday (02), the Communications Department of Parliament said....
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For the first time in history, Sri Lanka held a virtual cabinet meeting yesterday using video technology. President Gotabaya Rajapaksa chaired the meeting from the Presidential Secretariat while Prime Minister...
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Showers or thundershowers at times will occur in the Eastern, Northern, Northern-central, and Uva provinces and in Hambanthota and Matale districts. Heavy rainfall above 100mm can be expected at some...
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Dr. Sudarshani Fernandopulle was sworn in as Minister of State for Primary Health Services, Infectious Diseases, and Prevention of COVID-19. Since April 2020, she has served as the State Minister...
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New Inspector General of Police (IGP) C.D. Wickramaratne has called on Prime Minister Mahinda Rajapaksa at his official residence in Wijerama this morning. Issuing a statement, the Office of the...
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OCTAVE, the John Keells Group’s Data and Advanced Analytics Center of Excellence is making strides to build a world-class analytics practice to derive the most value from the Group’s data...
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COVID-19 has disrupted the expectation for global and local growth and development. As economies adapt to the pandemic, there is a high degree of uncertainty about the future trajectory of...
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Amidst unprecedented disruption brought by the COVID-19 impact, Vallibel Finance has been able to record steady performance weathering many challenges. Vallibel Finance continued to set the bar soaring with profits...
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Sri Lanka’s most innovative bank, HNB PLC, announced that it had successfully linked its increasingly popular digital Payment App, SOLO, with the newly launched Lanka QR standard. Working in unison...
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The World Bank’s new Country Director for Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, completed his first visit to Sri Lanka Friday. The purpose of this visit was to meet...
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Backed by Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, MyDoctor, Sri Lanka’s pioneering digital health solution provider, recently partnered Union Assurance to provide unlimited doctor consultations for Smart Health...
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The Sri Lanka Bureau of Foreign Employment (SLBFE) says it has resumed sending migrant workers to Saudi Arabia for employment. Saudi Arabia has suspended the recruitment of foreign workers for...
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Two vessels owned by global French transportation and shipping group CMA CGM made their maiden call at Hambantota International Port (HIP) last week. The vessels which were scheduled to call...
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Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad paid a courtesy call on the new Minister of Higher Education, Scientific Research and Innovation of the Sultanate of...
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Addressing a special BIMSTEC public event held on 20 - 21 November 2020 in Bangkok, Sri Lanka’s Ambassador to Thailand Samantha K. Jayasuriya said that Sri Lanka believes and promotes...
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During a high-level trilateral dialogue on Saturday India, Sri Lanka and the Maldives took stock of the current maritime security environment in the region and agreed to further strengthen cooperation...
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The United Nations Development Programme (UNDP) and the United Nations Global Compact Network Sri Lanka (UNGCSL) recently signed a 4-year memorandum of understanding (MoU) to ensure urgent priority is given...
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Two prison officials held hostage by Mahara Prison inmates have been rescued, Commissioner General of Prisons Thushara Upuldeniya said. Meanwhile, the death toll from the unrest incident at the Mahara...
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Foreign Minister Dinesh Gunawardena states that the security of Sri Lanka is not only limited to physical security and consequent regional stability, but also tackles non-traditional security issues, including threats...
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