BUSINESS

CBSL adopts further policy measures to strengthen macroeconomic stability

Sri Lanka’s economic activity towards the latter part of 2021 appears to have gathered momentum as several leading indicators point towards activity returning to...

Fastest motor claims settlements in Sri Lanka – Fairfirst settles claims in as fast as five minutes with the power of AI

Fastest motor claims settlements in Sri Lanka – Fairfirst settles claims in as fast as five minutes with the power of AI

CBSL raises interest rates

The Monetary Board of the Central Bank of Sri Lanka has decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending...

Another huge record from the Colombo Stock Exchange

For the first time in history, the market capitalization value of the Colombo Stock Exchange crossed the Rs. 6 trillion mark yesterday (18). Accordingly, the...

“Foreigners Only” tourist establishments warned with a plan to develop hospitality assets

The Sri Lanka Tourism Development Authority has warned that hotels and restaurants that follow the ‘Foreigners Only’ policy will face a license cancellation. In a...

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