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 …
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 …
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 …
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 $20 million …
New Property Tax 2027: Did NPP flip-flop for IMF?
In February 2024, during the Ranil Wickremesinghe administration, an IMF technical assistance team visited Sri Lanka at the request of the SL government, to help it to implement the commitments under …
Marriott signs deal with Ventive Hospitality for seven hotels in India and Sri Lanka
Marriott International has inked an agreement with Ventive Hospitality to open seven hotels as part of a portfolio deal covering 1,548 rooms across five brands.
Sri Lanka restructures loan agreements with Saudi Fund for Development
Sri Lanka has signed bilateral amendatory loan agreements with the Saudi Fund for Development under its external debt restructuring process, Sri Lanka’s finance ministry said on Wednesday. The total …
Sri Lanka and Saudi Fund sign agreements to restructure SAR 517 mn
The Government of Sri Lanka (GoSL) has signed Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD), marking a significant milestone in the country’s ongoing External Debt …
Sri Lanka’s June remittances surge 22.3% YoY
Remittances from Sri Lankans abroad rose sharply to US$ 635.7 million in June 2025, a 22.3 percent increase compared to June 2024. ..
Sri Lanka’s June remittances surge 22.3% YoY
Remittances from Sri Lankans abroad rose sharply to US$ 635.7 million in June 2025, a 22.3 percent increase compared to June 2024. ..