recovery Archives

April 7, 2023

Visa application volumes grew more than three folds (332.12%) in 2022 compared to 2021 Visa applications from Sri Lanka in 2022 witnessed significant recovery driven by pent-up demand, opening of international borders, and eased COVID protocols. According to VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic […]

April 7, 2023

As the Sri Lankan economy continues to grapple with the effects of the recent economic crisis and the slow pace of recovery, the country’s real estate market is also struggling to cope, particularly since the upcoming housing crunch in Colombo is now starting to raise concerns for both developers and prospective homeowners […]

June 6, 2022

ICIEC is also proud to report that its membership grew to 48 Member States in 2021 SHARM EL SHEIKH, Egypt, June 5, 2022/APO Group/ –The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), the Insurance arm of the (IsDB) Group, has released its Annual Report and Audited […]

July 3, 2020

The Eastern region of Sri Lanka possesses much potential for tourism due to the richness of its history, cultural diversity, and talent. Tourism is an industry that allows local communities to celebrate their culture and authenticity through festivals, events and experiences for visitors who contribute to local economic development and meaningful employment through spending money […]

June 20, 2020

Working capital loans offered at concessionary interest of 8% p.a. for a period of upto 2 years Enables working capital support for SMEs not captured under CBSL Saubagya scheme Loan scheme initiated solely utilising internally generated HNB funds Facilitated over 2,500 client loan applications to CBSL Saubagya scheme Debt moratoriums extended to over 75,000 individuals […]

Visa applications from Sri Lanka touched 68% of pre-pandemic volumes in 2022

Colombo’s looming Housing Crunch: Brace yourself for rising apartment prices

Strong 2021 Results Lays Foundation for Recovery in 2022

S4IG launches ‘Coaching for Business Improvement Program’ for post COVID-19 recovery

HNB launches Rs. 5 Bn SME relief at 8% interest p.a. to support post-COVID recovery