People’s Bank, a trailblazer in the financial landscape of Sri Lanka, has once again stepped into the limelight with the launch of the ‘Vanitha Wasana’ event. This Launch Event is more than a mere addition to the bank’s extensive portfolio; it’s a beacon of empowerment and progress. Through initiatives suchContinue Reading
The start of 2024 brought with it a significant shift in Sri Lanka’s tax landscape, most notably marked by the leap in Value Added Tax (VAT) from 15% to now 18%. This government tax policy decision aims to increase state revenue and align with economic restructuring needs. However, **Colombo ReactsContinue Reading
The launch of the Honor X9b at Singer Sri Lanka heralds a new chapter for smartphone enthusiasts across the nation. This latest entrant in the Honor smartphone series brings forth a blend of innovation and sophistication to the mobile market. Reflecting Honor’s commitment to excellence, the Honor X9b promises toContinue Reading
In a landmark visit that signifies deepening economic cooperation, a high-level delegation from Jilin Province, China, met with officials from the Board of Investment (BOI) in Sri Lanka. This prominent exchange, underscored by the presence of the Vice Governor Sui Zhong Cheng, sought to fortify the bridges of trade andContinue Reading
As Sri Lanka gears up for the upcoming monetary policy review, the aura within its financial markets is one of cautious anticipation. Investors, attuned to the pulse of global economic indicators analysis, are holding their breath, influencing a lull in trading volumes. This critical period before the Federal Reserve decisionContinue Reading
The skies between Sri Lanka and Hong Kong are set to buzz with the resumption of Cathay Pacific international flights. Starting February 2, 2024, Cathay Pacific—an airline renowned for its award-winning service—recommences operations from Colombo, marking a significant return to a familiar route. This strategic revival brings the esteemed airlineContinue Reading