COMBANK launches mobile remittance channel between South Korea & Sri Lanka

SEOUL: The Commercial Bank of Ceylon has become the first Sri Lankan institution to launch a ‘Mobile to Account Remittance Service’ between South Korea and…

Continue Reading COMBANK launches mobile remittance channel between South Korea & Sri Lanka

Doha Bank to play key role in bringing Qatari investments to Sri Lanka

COLOMBO:Doha Bank one of the largest commercial banks in Qatar inaugurated its Representative Office in Sri Lanka on 7 June, aiming to boost trade and…

Continue Reading Doha Bank to play key role in bringing Qatari investments to Sri Lanka

Kuwaiti parliament considers law to impose tax on foreign remittances

KUWAIT CITY: Kuwait’s top lawmakers proposed a new legislation to impose a fee on foreign remittances, despite being warned by the government and central bank that…

Continue Reading Kuwaiti parliament considers law to impose tax on foreign remittances

What is NZ’s Sri Lanka plan?

ByPramuk Perera AUCKLAND: New Zealand is planning to establish formal diplomatic relations with Colombo this year. NZTE is planning another trade mission to Sri Lanka….

Continue Reading What is NZ’s Sri Lanka plan?

Australia-Sri Lanka trade reaches $1.3 billion

COLOMBO: Trade between Australia and Sri Lanka has surged to a record high of A$1.3 billion in 2016-17, on the back of strong growth in…

Continue Reading Australia-Sri Lanka trade reaches $1.3 billion

Sri Lanka keen to enhance trade with Pakistan

ISLAMABAD: Sri Lanka is keen to further enhance bilateral trade and economic relations with Pakistan as both countries have good potential to do trade in…

Continue Reading Sri Lanka keen to enhance trade with Pakistan