RIUNIT suburban real estate update: Rajagiriya
A residential oasis Rajagiriya, once a quiet Colombo suburb was initiallyflagged in the RIUNIT Real Estate Market report in 2014 as having one of the …
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CSE and NCE Partner to Empower Sri Lankan Exporters
The Colombo Stock Exchange (CSE) and the National Chamber of Exporters of Sri Lanka (NCE) entered into a strategic partnership to support Sri Lankan …
Fitch Rates Bank of Ceylon’s Basel III Subordinated Debt Final ‘A(lka)’
Fitch Ratings has assigned Bank of Ceylon's (BOC, CCC+/CCC+/AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated …
Positively considering GSP+ review, says Charles Whiteley, Head of South Asia Division of EU
The Head of South Asia Division, European External Action Service of the European Union Mr. Charles Whiteley stated that the European Union has a …
Sri Lanka Ports Authority Welcomes MSC MARIELLA – The Largest Container Vessel Ever to Call at Sri Lanka
Marking a historic milestone for Sri Lanka’s maritime industry, the ultra-large container vessel (ULCV) MSC MARIELLA, one of the largest container …
IGT 1 officially on-boards at Business Centre at Port City Colombo
IGT 1 Outsourcing Lanka (Private) Ltd, hereafter referred to as ‘IGT 1 Lanka’, the subsidiary of IGT Holding I Sweden AB, and sister …
Fitch Affirms Hemas Holdings at ‘AAA(lka)’; Outlook Stable
Fitch Ratings has affirmed the National Long-Term Rating on Sri Lankan consumer brands and healthcare company, Hemas Holdings PLC, at 'AAA(lka)' with …
Colombo Stock Exchange Introduces GSS+ Bonds to the Sri Lankan Capital Market
In line with a broader, more inclusive approach and in alignment with evolving global standards, the Colombo Stock Exchange (CSE) is pleased to …
First Seven Seals RORO Vessel Carrying Used Vehicles Arrives at HIP Post Removal of Import Restrictions
Hambantota International Port (HIP) received a consignment of 1,560 used vehicles last week, marking the first shipment on a Seven Seals vessel to …
EU GSP+ Monitoring Mission to visit Sri Lanka next week
A team of senior European Union (EU) officials will undertake a visit to Sri Lanka from 28 April – 07May 2025 to review Sri Lanka’s progress in …
Sri Lanka delegation agrees to work with US in lowering tariff and non-tariff barriers
Statement by the Government of Sri Lanka on discussions held in Washington DC with United States Trade Representative (USTR) Office on reciprocal …
IMF Reaches Staff-Level Agreement on Fourth Review under EFF with Sri Lanka; Global Trade Policy Uncertainty Poses Risks
IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s …
Sri Lankan State Banks’ Capital Vulnerable Despite Profit Gains: Fitch Ratings
Fitch Ratings expects Sri Lanka's state banks to continue to report weaker regulatory capital ratios than systemically important private banks, …
Foreign Minister to attend Pope Francis’s Funeral Mass
Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath will represent the Government of Sri Lanka at the funeral of His Holiness …
Pilot Project Launched in Southern Province to Strengthen Regional Contribution to Export Development
A strategic discussion aimed at enhancing the contribution of provincial export development was held on 22nd April 2025 under the patronage of Hon. …
CSE Launches XBRL System to Enhance Financial Reporting for Listed Companies
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the Institute of Chartered …
Sri Lanka’s Q1 2025 Exports Surge by 5.87-pct, Reaching USS 4.21 Bn
Sri Lanka has demonstrated remarkable resilience and growth in its export sector during the first quarter of 2025, with total exports reaching US$ …
SL Economy Outpaces Growth Projections, More Efforts Needed to Reduce Poverty, Boost Growth: WB
Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected …
Fitch Assigns Siyapatha Finance’s Proposed Senior Debt ‘A(EXP)(lka)’ Rating
Fitch Ratings has assigned Siyapatha Finance PLC's (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to LKR5 …
Wealthy Minds Social media platform: Caution issued by the SEC
Type of enforcement action Caution 04th April 2025 Name of Party Wealthy Minds Academy (Private) Limited and its two (2) Directors: …
Opinion: Exposure to US tariffs through Global Value Chains in Asia & Pacific
On 2 April 2025, the United States introduced a two-tier tariff regime comprising a 10 per cent universal baseline tariff and elevated …
Deep Cuts to Growth Forecasts as Global Trade War Escalates: Fitch Ratings
Fitch Ratings has sharply lowered its forecasts for world growth in response to the severe escalation in the global trade war. In a special update to …
TISL Welcomes Passage of Proceeds of Crime Act: A Landmark Step in SL’s Anti-Corruption Efforts
The Proceeds of Crime Act introduces non-conviction based asset forfeiture and strengthens Sri Lanka’s legal tools for recovering illicit assets, …
IMF staff team concludes visit to SL; discussions to continue toward reaching an agreement in near term
An International Monetary Fund (IMF) team led by Evan Papageorgiou visited Colombo from April 3 to 11, 2025. After constructive discussions in …