In accordance with the Financial Intelligence Unit (FIU), the countryโs preliminary measures to prevent money laundering and terrorist financing, which are expected to be adopted at the annual general meeting of the Asia-Pacific Anti-Money Laundering Group (APG) to be held in July next year, have been implemented according to theContinue Reading
The Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe stated that there is no need to restrict vehicle imports at this juncture as the countryโs gross official foreign exchange reserves has increased to US$ 7.3 billion by end last month. He made these remarks in response to aContinue Reading
KOKO, Sri Lankaโs premier BNPL platform and fintech innovator, won the Overall Gold Award for Excellence in Digital Payments together with three category Gold Awards at the Grand Finale of the LankaPay Technnovation Awards 2026, marking a standout result in the companyโs first year of participation. The event was attendedContinue Reading
SLIC donated Rs. 10 million to the โRebuild Sri Lankaโ Fund in support of families affected by the recent โDitwahโ cyclone. The contribution was formally handed over to the Secretary to the Treasury, Dr. Harshana Suriyapperuma, at the Ministry of Finance, Planning and Economic Development on March 16. This donationContinue Reading
The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, citing the need to balance stable inflation with emerging global risks, particularly those stemming from escalating geopolitical tensions in the Middle East. Governor of the CBSL Dr. Nandalal Weerasinghe said that theContinue Reading
Diva, one of Sri Lankaโs most trusted brands in laundry care has revitalised its Diva Fresh detergent powder range with Triple Action Technology, reaffirming its commitment to helping Sri Lankan families manage everyday laundry challenges with greater ease and confidence. With a heritage spanning over 20 years, Diva has consistentlyContinue Reading
NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), has stepped up efforts to expand Unified Payments Interface (UPI) merchant acceptance in Sri Lanka, aiming to deliver seamless digital payment experiences for Indian tourists while supporting the islandโs growing digital economy. UPI, IndiaโsContinue Reading
Melsta Hospitals โ a reputed healthcare provider serving the Colombo and Gampaha districts and a fully owned subsidiary of Melstacorp PLC โ has entered into a transformative partnership with the National Insurance Trust Fund (NITF) to provide enhanced medical benefits to beneficiaries of the Agrahara insurance scheme. This collaboration isContinue Reading
As the punyakalaya approaches and the sound of the koha fills the air, Cargills Bank is back with its promise of unprecedented savings, adding even more joy and financial flexibility to the Sinhala and Tamil New Year celebrations. True to its ethos, the bank is making this Avurudu a trulyContinue Reading
Be Dapper, the contemporary menโs fashion destination known for its distinctive streetwear identity and curated international brands, has reopened its refurbished store in Dehiwala. The transformation establishes the outlet as one of the largest menโs fashion store and collection in the Dehiwala area, marking an important milestone in the brandโsContinue Reading