Vehicle imports down in 2020
(UTV|COLOMBO) – The Vehicle Importers Association of Sri Lanka says the importation of vehicles have reduced drastically in the new year. Speaking to a prominent...
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CBSL to enact new Banking Act in 2021
(UTV|COLOMBO) – The Central Bank of Sri Lanka will enact a new Banking Act in 2021, which will also contain provisions to extend regulations for...
CBSL extends suspension on PTL
(UTV | COLOMBO) – The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business...
Oil prices jump after top Iranian general killed by US
(UTV|IRAQ) – Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts warned the action could escalate tensions in...
CNN selects Lanka as best place to visit in 2020
(UTV|COLOMBO) – US based CNN Travel has included Sri Lanka along with 19 other countries as ‘20 best places to visit’ for 2020’ “Whether you...
Asia’s richest man takes on retail giant Amazon
(UTV|NEW DELHI) – A conglomerate run by Asia’s richest man has started rolling out a challenger to Amazon in India. Mukesh Ambani’s Reliance Industries said...
Pay raise for public servants from tomorrow
(UTV|COLOMBO) – New salary scale for the posts in Public Service will be implemented in January as planned, says the Ministry of Finance. Accordingly, the...
South Korea boosts funding for Ocean University by massive 60%
(UTV|COLOMBO) – The initial outlay on Sri Lanka’s largest vocational skilling project announced on 28 August has now increased by a huge 60% from its...
World Bank unveils a guide for SL policymakers
(UTV|COLOMBO) – The World Bank unveiled today a new report to guide policymakers and development practitioners across Sri Lanka in better investing in the health and...
India opens support to Sri Lankan SMEs
(UTV|COLOMBO) – One of world’s most dynamic SME and MSME collectives has come forward to support Sri Lankan MSMEs to fulfil its long cherished dream...