A remarkable milestone in digital transformation has been achieved with the successful implementation and Go-Live of a new Core Banking System for Fintrex Finance, led by APTS as the local implementation partner. This achievement...
The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bank’s April 2026 South...
A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses. The Chairman of the All Ceylon Gem Miners and Dealers Association,...
Renewed tensions in the Middle East weighed negatively on the Colombo Bourse alongside rising global oil prices. The ASPI declined by 52 points during yesterday’s session, reversing the early gains recorded at the opening...
Sri Lanka’s fast-growing fintech sector received another boost after WEBXPAY Ltd appointed corporate leader Nemantha Nilhan Abeysinghe as an Independent Non-Executive Director to its Board. Abeysinghe brings more than 30 years of experience in...
RTS Holdings has reached a significant milestone in Sri Lanka’s tea industry with its Hidellana and Avissawella Tea Factories being awarded the prestigious Zero Carbon Manufacturing Certification by The Sustainable Future Group, reinforcing its...
Binance recently announced the Binance Online, a new global virtual event taking place on May 13 at 11am UTC. The event brings together leading voices from across crypto, institutional finance, blockchain infrastructure, and technology...
Executive Director of the Centre for Poverty Analysis (CEPA) Prof. Sirimal Abeyratne, stressed the importance of inclusive economic growth and trade-driven development while addressing the International Conference on “Poverty and Development in times of...
Several ministries and institutions are to jointly establish a full-power authority to carry out regulatory work related to the revival of failing businesses. One representative each from the Ministries of Finance, Justice and Trade,...
The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to...
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