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Tag: Sri Lanka

Posted on July 18, 2025

2016 Bangladesh Bank heist: Sri Lankan bankers honoured for vigilance, professionalism

Bangladesh Bank arranged a special award ceremony at its headquarters in Motijheel on Thursday to formally recognize and honor officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC).
Posted on July 17, 2025

Singer leads 5G era in Sri Lanka with Honor

Singer Sri Lanka PLC has further strengthened its leadership in the mobile phone market with the exclusive launch of two new 5G-enabled smartphones from Honor; the Honor 200 Smart 5G and Honor ..
Posted on July 17, 2025

BB honours Sri Lankan bankers for foiling 2016’s reserve heist

In February 2016, hackers stole $101 million from BB’s accounts with the Federal Reserve Bank of New York. Of the amount, $81 million was transferred to four accounts with RCBC in the Philippines and …
Posted on July 17, 2025

Ventive Hospitality exploring resort development in Sri Lanka

Ventive Hospitality Ltd, an India based company which owns and manages hotels and retail properties in South Asia, is exploring resort development in Sri Lanka, according to Director Thilan Wijesinghe …
Posted on July 17, 2025

Shaping blueprint of exceptional workplaces: Great Place To Work unveils Sri Lanka’s 40 Best Workplaces for 2025

In its 13th consecutive year of championing exceptional workplace culture, Great Place To Work Sri Lanka has officially unveiled its eagerly awaited list of the 40 Best Workplaces™ in Sri Lanka for …
Posted on July 17, 2025

BB honours Sri Lanka’s PABC for foiling $20m cyberfraud attempt

Bangladesh Bank on Thursday accorded a reception to honor officials from Pan Asia Banking Corporation (PABC), Sri Lanka, for their vigilance, professionalism, and integrity in preventing a $20 million …
Posted on July 16, 2025

New Property Tax 2027: Did NPP flip-flop for IMF?

In February 2024, during the Ranil Wickremesinghe administration, an IMF technical assistance team visited Sri Lanka at the request of the SL government, to help it to implement the commitments under …

( read original story …)



Posted on July 16, 2025

Marriott signs deal with Ventive Hospitality for seven hotels in India and Sri Lanka

Marriott International has inked an agreement with Ventive Hospitality to open seven hotels as part of a portfolio deal covering 1,548 rooms across five brands.

( read original story …)



Posted on July 16, 2025

Sri Lanka restructures loan agreements with Saudi Fund for Development

Sri Lanka has signed bilateral amendatory loan agreements with the Saudi Fund for Development under its external debt restructuring process, Sri Lanka’s finance ministry said on Wednesday. The total …
Posted on July 14, 2025

Sri Lanka and Saudi Fund sign agreements to restructure SAR 517 mn

The Government of Sri Lanka (GoSL) has signed Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD), marking a significant milestone in the country’s ongoing External Debt …

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