In 8 coordinated attacks around Sri Lanka, 215 people were killed and 449 were injured. the death toll included 35 foreign nationals. the nationalities were USA, Denmark, Pakistan, India, Morocco, China, Japan and Bangladesh. 7 persons have been arrested and an island-wide curfew has been imposed until 6 a.m onContinue Reading
On an auspicious day in March 2024, Sri Lanka experienced a groundbreaking moment in the realm of financial communications, courtesy of Commercial Bank of Ceylon PLC. Embracing digital transformation, the Bank initiated ComBank’s Report Reading Revolution, setting a new benchmark for the investor relations community worldwide. The unveiling of theContinue Reading
Jan 16, Colombo: Skeletal remains of 300 people and human bones have been unearthed as of today from the mass grave found in Mannar in Northern Sri Lanka after the grave area has been expanded for a second time since the excavations began on May 28 last year, Senior JudicialContinue Reading
Providing a critical expansion in the logistics industry, Expolanka Holdings PLC has broadened its global presence with its digital transportation solutions through its fully-owned subsidiary, Oki Doki. Early this month, Jakarta, Indonesia, became the newest addition to Oki Doki’s international portfolio. This move is a direct reflection of Expolanka’s commitmentContinue Reading
Aug 16, Colombo: The Sri Lanka – Singapore Free Trade Agreement (SLSFTA) signed in January this year can be amended within a year if it has any detrimental effect on the country and the economy, a senior minister of the government said. Sri Lanka’s Minister of Ports and Shipping MahindaContinue Reading
In the coastal district of Puttalam, Sri Lanka, the complex web of multidimensional issues presents a challenge for the area’s local community. A UNDP-led study has revealed how the echoes of an economic crisis resound through various facets of daily life, undermining attempts at sustainable community development and exacerbating existingContinue Reading
ikman.lk, Sri Lanka’s largest online marketplace recently introduced ‘ikman Pay’ providing customers’ greater convenience and enhanced security across all its online payment options. Any ikman.lk service or product that requires payment can now be easily processed through ikman Pay https://pay.ikman.lk/ Combining all online payment options ikman Pay includes ikman.lk’s wide rangeContinue Reading
In a groundbreaking achievement demonstrating digital banking leadership, People’s Bank has proudly announced the significant hallmark of acquiring over 2 million customer registrations. This record-setting accomplishment not only highlights People’s Bank’s prime position in Sri Lanka’s financial technology landscape but also underpins its unwavering commitment to digital transformation. As theyContinue 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
Marking a pivotal shift in international commerce, Macktiles Lanka (Private) Limited, the titan of Sri Lanka’s tile manufacturing realm, has fortified its global footprint by foraying into the Indonesian tile industry. The renowned enterprise, long-standing as the leading tile exporter in Indonesia, ushers in a new era of trade, vividlyContinue Reading
Ward Place in Colombo has been closed for traffic from Town Hall due to a protest by university students, Ada Derana reporter said. The Inter University Students’ Federation (IUSF) organised the protest march in Colombo today (21), demanding solutions for the issues of South Eastern University students. The agitation isContinue Reading
The Arugam Bay Girls Surfing Club in Sri Lanka is making waves, literally! The all-female surf club is shattering the stereotype that certain sports are meant only for men, and has become the country’s first officially-registered female surf club. The club’s president, Shamali Sanjaya is a 30-year-old mother from ArugamContinue Reading
The relentless wave of digital transformation has ushered in a new epoch in which the **challenges faced by international law due to digital transformation** are becoming increasingly evident. As we embrace the benefits of digital connectivity and technological innovation, the **global legal system evolution** necessitates a parallel adaptation to safeguardContinue Reading
COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries. The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) was signed by Singapore’s Minister for Trade and Industry (Industry) S Iswaran and Sri Lanka’sContinue Reading
Amidst an evolving financial landscape, UPI payments emerge as a beacon of innovation, promising to revolutionize small business digitalization in Sri Lanka. The Federation of Information Technology Industry Sri Lanka (FITIS) has officially given its support to LankaPay for their adoption of the Unified Payments Interface, a move that isContinue Reading
SriLankan Airlines flight UL504 en-route from London to Colombo with 268 passengers was diverted to Frankfurt airport last night due to a medical emergency, the airline said. The fight has landed safely at Frankfurt International Airport in Germany. The airline in a travel alert said the most important factor wasContinue Reading