Rural women in Sri Lanka are falling victim to microfinance institutions with high interest rates and ruthless and abusive recovery practices — and despite protests calling for government intervention …
Hambantota Port’s container services will make Sri Lanka a key logistics hub in Indian Ocean
Sri Lanka is an island nation situated in a strategically important location in the Indian Ocean Region at the centre of maritime trade routes in between East and West, as well as in the middle of …
Hambantota Port’s container services will make Sri Lanka a key logistics hub in Indian Ocean
Sri Lanka is an island nation situated in a strategically important location in the Indian Ocean Region at the centre of maritime trade routes in between East and West, as well as in the middle of …
Climate summit to discuss growth opportunities for Sri Lanka businesses: Chamber
Rising temperatures and extreme weather events due to climate change are impacting business, and companies need to address the irrelevance of existing business models, the Ceylon Chamber of Commerce …
IMF Commends Sri Lanka On Hard-Won Economic Gains
The International Monetary Fund (IMF) commended Sri Lanka on the hard-won economic gains. First Deputy Managing Directo …
‘After Sri Lanka, more global hotel launches on the anvil’, says ITC Chairman Sanjiv Puri
ITC Chairman Sanjiv Puri said the Indian corporate giant is looking at opening more hotels globally, after its first property outside India was thrown open on Thursday.
lolc Finance expands to Karapitiya & relocates Kalawana
LOLC Finance PLC, the leading Non-Banking Financial Institution (NBFI) in Sri Lanka, proudly announces the opening of a new branch in Karapitiya and a relocation in Kalawana, further solidifying its …
Iran ready to forge stronger ties with Sri Lanka, Raisi says
Iran is ready to strengthen ties with Sri Lanka and other Asian countries, its president, Ebrahim Raisi, said on Wednesday, during a short visit to the island nation, the first by an Iranian president …
ComBank crowned ‘Best Bank in Sri Lanka’ by Global Finance for 22nd year
The Commercial Bank of Ceylon has been named the ‘Best Bank in Sri Lanka’ for a remarkable 22nd year in the ‘World’s Best Banks 2024’ list released recently by the US-based Global Finance magazine.
Threads of Resilience A closer look at the intricate stitches of Sri Lanka’s apparel sector as it braves through challenges
Sri Lanka’s apparel sector has long been celebrated for its resilience, consistently overcoming challenges to emerge as a pivotal revenue driver for the nation. Yet, the sector now finds itself …