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Sri Lanka’s Textile Industry Enhances Competitiveness Through UK’s DCTS Initiative
The United Kingdom’s updated Developing Countries Trading Scheme (DCTS), set to commence in January 2026, offers significant advantages for Sri Lanka’s garment industry, particularly benefiting small and medium-sized enterprises (SMEs) as they seek to establish a stronger presence in a crucial market. The key advantage of the revised scheme is its practicality. By simplifying the
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Exclusive Asian Villas: Crafted for Boutique Luxury and Exceptional Experiences
LVIA, a branch of Nyne Hotels, is swiftly positioning itself as a premier provider of integrated commercial solutions for Sri Lanka’s boutique hospitality industry, merging sales, reservations, and e-commerce into an efficient platform. With more…
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LankaPay Technnovation Awards Celebrates Outstanding Achievements in Digital Payments
Commercial Bank won the Gold Award for “Excellence in Digital Payments” under the banks category at Sri Lanka’s LankaPay Technnovation Awards held on Tuesday. Bank of Ceylon won the Silver, while Hatton National Bank secured…
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Sri Lankan Rupee Declines as Bond Yields Experience Modest Increase
FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was valued at 314.75/315.25 against the US dollar in the spot market, reflecting a decline from the previous day’s rate of 314.70/315.00, according to market dealers.…
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