Fitch Ratings has affirmed Siyapatha Finance PLC's National Long-Term Rating at 'BBB+(lka)' with a Stable Outlook. Fitch also affirmed Siyapatha's subordinated debt at' BBB-(lka)' and proposed senior debt at 'BBB+(EXP)(lka ..read more

The Ceylon Chamber recognizes the Digital Economy as a key enabler for Sri Lanka’s economic growth acceleration. The National Digital Economy Strategy 2030 recently published by the Ministry of Technology provides a roadmap to unlock the benefits of the digital economy. The strategy focuses on the improvement of the digital infrastructure, implementation of the Digital ..read more

The Japanese Government has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries. The US$ 3 million initiative will bolster food and nutritional security and fortify resilience by establishing four community operated ..read more

The newly launched www.srilankaevisa.lk platform significantly enhances Sri Lanka’s visa processing system by replacing the previous Electronic Travel Authorization (ETA) framework. This robust and state-of-the-art platform efficiently manages non-resident applications for a diverse range of visa categories, including short-term, long-term, transit, and gratis visas, across 15 visa categories, with stay durations of one month to ..read more

Sri Lanka, a nation poised at the cusp of digital transformation, has taken a monumental step forward with the introduction of its National Digital Economy Strategy. Crafted through a collaborative effort between government bodies, academia, industry stakeholders, and supported by the World Bank, this strategic blueprint stands as a testament to Sri Lanka's commitment to ..read more

President of the Islamic Republic of Iran Dr. Ebrahim Raisi is scheduled to make an official bilateral visit to Sri Lanka at the invitation of President Ranil Wickremesinghe to jointly declare open the Uma Oya Multipurpose Development Project on 24 April 2024. The Uma Oya Multipurpose Development Project, funded by Sri Lanka and Iran, is ..read more

Australia and Sri Lanka’s commitment to countering maritime security threats has been on display with the launch of a new joint maritime security operation in Colombo today. Aptly named Disi Rela, which means ‘keeping a watchful eye over the maritime environment,’ the new joint activity will see the Australian Border Force (ABF) and Department of ..read more

Port City Colombo, a multi-service Special Economic Zone (SEZ) and a regional financial centre and business hub, has made significant progress in capturing key investments, as the project gears up for a tenacious drive to attract prospective land development and business set-up investors from the South Asian, APAC, and Middle Eastern regions before the end ..read more

In an effort to support young entrepreneurs in agriculture, the Sri Lanka Agripreneurs' Forum (SLAF), a prominent agricultural business association in Sri Lanka, is collaborating with the United States Agency for International Development (USAID) to organize the Agcelerator Bootcamp. The Agcelerator Bootcamp, hosted by SLAF and supported by USAID Catalyze Sri Lanka Private Sector Development ..read more

From April 22-26 in Trincomalee, the United States Navy, U.S. Marine Corps, and Sri Lanka Navy will partner for the Cooperation Afloat Readiness and Training (CARAT) Sri Lanka 2024 exercise. CARAT Sri Lanka will feature the expertise of the U.S. Fleet Anti-Terrorism Security Team (FAST), a U.S. Marine Corps unit specialized in security and anti-terrorism for naval assets, engaging alongside ..read more