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NDB Reports Rs. 13.2 Billion Fraud Exposure; Customer Funds Unaffected

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The National Development Bank PLC (NDB) says the estimated loss from the recently reported fraud incident amounts to approximately Rs. 13.2 billion, while assuring...

Sri Lanka launches fee-free QR payments up to Rs. 5,000

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The “National QR Payment Promotion Programme” was launched by President Anura Kumara Dissanayake at the Presidential Secretariat today (06). According to the government, a service fee will...

Govt opens up over 200 acres for industrial investment

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The Ministry of Industry and Entrepreneurship Development has announced a new opportunity for both local and foreign investors, with 203 acres, 2 roods, and...

IndiGo Expands International Network with New, Direct Flights between Delhi and...

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IndiGo, India’s preferred airline, is further strengthening its connectivity to Sri Lanka, with the launch of new, direct flights between Delhi and Colombo. Commencing...

Sri Lanka ranked 2nd most unaffordable housing market in Asia —...

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Sri Lanka has been ranked the second most unaffordable housing market in Asia, according to a new report by The Economist. The report noted that...

Gold prices in Sri Lanka drop Rs. 29,000 in three days

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Gold prices in Sri Lanka have recorded a sharp decline over the past three days, in line with the global market downturn, it was...

$10M project launched to boost Thriposha maize supply

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The United Nations World Food Programme (WFP) has launched a five-year “Sow and Grow” project, supported by USD 10 million from the Korea International...

Aluthwatta Waste Facility to be upgraded as monthly compost output reaches...

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The Aluthwatta Waste Management Center, operated by the Kundasale Pradeshiya Sabha, is to undergo further development as its monthly compost production reaches between 150...

Free Sri Lanka Visa Extension for Foreigners Stranded by Middle East...

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The Sri Lankan government has announced a free seven-day visa extension for foreign visitors who are unable to leave the country due to flight...

Sri lanka welcomes over 500,000 tourists in first seven weeks of...

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Sri Lanka’s tourism sector has reached a significant milestone in the new year, with foreign arrivals surpassing the 500,000 mark within the first seven...