Tag Archives Sri Lanka financial news

Sampath Bank Introduces Revolutionary Payment Method, Sampath PayBand, a Wearable Device for Seamless Payments First Time in Sri Lanka

Sampath Bank Introduces Revolutionary Payment Method, Sampath PayBand, a Wearable Device for Seamless Payments First Time in Sri Lanka

By Posted on 0 Comments2min read191 views

As the global trend towards contactless payments continues to surge, Sampath Bank proudly unveils its latest ...

Visa recognises ComBank for excellence in the launch of Corporate cards

Visa recognises ComBank for excellence in the launch of Corporate cards

By Posted on 0 Comments3min read237 views

Visa, the global payment solutions company, honoured Commercial Bank of Ceylon for ‘Excellence in Launch of ...

Sri Lanka Embraces Indian Tourists with Virtual Launch of UPI Transactions via LankaQR

Sri Lanka Embraces Indian Tourists with Virtual Launch of UPI Transactions via LankaQR

By Posted on 0 Comments4min read171 views

A Rare Chance to Bolster Indo-Sri Lankan Economic Ties Emerges. Up to 400,000 Business Owners Set to ...

ComBank and Visa launch Corporate Credit Cards in Sri Lanka

ComBank and Visa launch Corporate Credit Cards in Sri Lanka

PRESS RELEASE The Combank has launched the Visa Signature and Visa Platinum Corporate Credit Cards in ...

Sri Lankan Apparel Industry’s Recovery hits $415.6M

By Posted on 0 Comments4min read581 views

December marked the highest ever performance in a year though the industry ended 2023 with negative growth. Exports in December amounted to $ 415.6 million as per provisional data from the Joint Apparel Association (JAAF). The December 2023 figure is the highest since December 2022’s tally of $ 451 million. 

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Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024

Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024

By Posted on 0 Comments3min read255 views

Central Bank of Sri Lanka, in a groundbreaking announcement, revealed its strategic vision for 2024, focusing ...

Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

By Posted on 0 Comments3min read415 views

Sri Lanka's VAT is poised to achieve a significant boost in revenue, anticipating a whopping ...

Sri Lanka’s Construction Industry to face challenges with VAT Rise

By Posted on 0 Comments3min read409 views

The recent surge in Value Added Tax (VAT) in Sri Lanka has cast a shadow over the construction industry, heralding a challenging period ahead. As the government implements this tax increase, the construction sector finds itself grappling with heightened financial pressures. This surge in VAT is expected to have a cascading effect, influencing various facets of the industry, from project costs to overall investment climate.

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The convenience of contactless payments

The convenience of contactless payments

By Posted on 0 Comments6min read499 views

Given the convenience of contactless payments, Sri Lankans now simply tap their ...

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