Sri Lanka Archives - Lanka Business News

December 27, 2024

The Phase II subscription for ISINs LKA09125C281, LKA18225F273 and LKA36425L267 is now open until 3.00 pm of business day prior to settlement date (i.e., 26.12.2024) at the WAYRs determined for the said ISINs at the auction. The aggregate eligible amount for subscription from the said maturities would be 10% of the aggregate amount offered […]

October 30, 2024

The 99x Group has emerged as a leading force in the global tech landscape, with seven companies from Norway, Malaysia, Sri Lanka, Brazil, and Portugal uniting to strengthen its position in product engineering services, IT consulting, and web solutions. Bringing together more than 600 employees worldwide, the group includes Seeds, LeanOn, Nextly, Cleverti, Incrementi, Clave, […]

September 25, 2024

VISA Fraud: The Supreme Court today ordered that the Controller General of Immigration and Emigration, Harsha Ilukpitiya, be held in custody at the Supreme Court premises until the court proceedings resume in the evening. The Supreme Court today held the Controller General of Immigration and Emigration, Harsha Ilukpitiya, in contempt of court for failing to […]

July 17, 2024

Harnessing Foreign Investment Amid Climate and Political Challenges By Jithendra Antonio Sri Lanka, an island nation rich in history and culture, is grappling with severe economic vulnerabilities. With limited land and finite natural resources, the country faces significant challenges in commercializing these assets. Climate change further exacerbates these issues, casting a shadow over key sectors […]

April 26, 2024

Kaspersky, the global cybersecurity and digital privacy company, announced its expansion into new territories in Asia Pacific (APAC), including Sri Lanka, Cambodia, and Bangladesh. This strategic move marks a significant milestone in the company’s mission to fortify digital infrastructure across the developing economies in the region, particularly on the enterprise cybersecurity market. As cyber threats […]

March 20, 2024

SRI LANKA INDIA SOCIETY – STRENTHENING BONDS OF FRIENDSHIP The President of the Sri Lanka India Society (SLIS), Kishore Reddy, and the executive committee of the society organized a commemorative dinner to celebrate the 76th Independence Day of Sri Lanka and the 75th Republic Day of India, with H.E. President Ranil Wickremesinghe as the Chief […]

March 4, 2024

Recognising the growing importance of Artificial Intelligence (AI) in the modern digital world, the Lanka Research and Education Network (LEARN) signed an MoU with the UNESCO Chair of Asia Pacific University (APU), Malaysia, to Empower Sri Lankan Educators with AI skills. This partnership aims to enhance teaching quality and research efforts by effectively empowering teachers […]

December 29, 2023

The Sri Lanka Gem and Jewellery Association (SLGJA) has raised serious concerns about the government’s unprecedented decision to subject the industry to the Value Added Tax (VAT) regime. The SLGJA fears that such a move could lead to foreclosures and compel the private sector to relocate overseas or revert to the informal sector. The gem […]

December 29, 2023

Two promising Junior Golfers, Jevahn Sathasivam and Kaya Daluwatte secured the top prizes in the Gold segment Boys and Girls respectively at the Sri Lanka Junior Open Golf Championship 2023 which concluded at the Royal Colombo Golf Club (RCGC) recently with a colorful prize giving. The event was organized by Sri Lanka Golf and sponsored […]

December 21, 2023

Sri Lanka is a country blessed with an abundance of natural beauty, including stunning waterfalls that captivate visitors with their majestic allure. One such waterfall that showcases the untouched beauty of Sri Lanka is the Laxapana Waterfall. Located in the Central Highlands region of Sri Lanka, the Laxapana Waterfall is a hidden gem waiting to […]

Treasury Bill Auction – December 24, Central Bank of Sri Lanka

The 99x Group Emerges as a New Tech Powerhouse

The Supreme Court ordered the Controller General of Immigration and Emigration, Harsha Ilukpitiya, to be held in custody

Sri Lanka’s Path to Prosperity

Kaspersky extends business footprint to Sri Lanka

75 YEARS OF SRI LANKA INDIA SOCIETY

LEARN and UNESCO Chair of APU Sign MoU to Empower Sri Lankan Educators

SLGJA expresses grave concern of VAT on Gem and Jewellery Industry

Sri Lanka Junior Open Golf Championship 2023 – Jevahn and Kaya stamp their class

Laxapana Waterfall, offers both visual pleasure and opportunities for relaxation and rejuvenation