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Siyapatha Finance Posts Steady Growth in 1st half 2024

Siyapatha Finance PLC recently posted a steady financial growth for the first half ended 30 June 2024. The company recorded a Profit After Tax (PAT) …

Harini Amarasuriya: Sri Lanka’s New Prime Minister

Parliamentarian Dr. Harini Amarasuriya was sworn in as the new Prime Minister of Sri Lanka, today (24) at the Presidential Secretariat. She took the …

Moody’s Ratings: Political change unlikely to derail reform trajectory but underscores fiscal challenges

Moody’s Ratings suggests that the broad appetite for reforms will remain intact, and the agency does not foresee significant disruptions to the …

Fitch Assigns Bogawantalawa Tea Estates First-Time ‘A(lka)’ National Rating; Outlook Stable

Fitch Ratings has assigned Sri Lanka-based Bogawantalawa Tea Estates PLC a first-time National Long-Term Rating of 'A(lka)' with a Stable Outlook. …

CA Sri Lanka signs MOU with University of Ruhuna

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the University of Ruhuna signed a Memorandum of Understanding (MoU) recently …

Tender Announcement for Bandaranaike International Airport Development Project Phase 2

Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL) announced the tender for Bandaranaike International Airport Development Project …

Looks forward to collaborating with new President & discussing 3rd review timing: IMF Spokesperson

The International Monetary Fund (IMF) has expressed optimism about working with President Dissanayake and his administration to build on the progress …

Nandika Sanath Kumanayake appointed as Secretary to the President

Dr. Nandika Sanath Kumanayake was appointed by President Anura Kumara Dissanayake as the new Secretary to the President at the Presidential …

New President Receives Congratulations from Neighboring Countries

Anura Kumara Dissanayake, who was sworn in as the 9th Executive President of Sri Lanka, has received a warm wave of congratulations from neighboring …

JAAF congratulates new President Anura Kumara Dissanayake

The Joint Apparel Association Forum (JAAF), Sri Lanka’s apex body for the textile and apparel industry, warmly congratulates NPP leader Anura …

CCC and FCCISL Extend Congratulations to the New President

Ceylon Chamber Congratulates New President The Ceylon Chamber of Commerce wishes to congratulate President Anura Kumara Dissanayake on being elected …

Anura Kumara Dissanayake sworn in as the 9th Executive President of Sri Lanka

NPP Presidential Candidate Anura Kumara Dissanayake took oath as the 9th Executive President of Sri Lanka before the Chief Justice at the …

Anura Kumara Dissanayake wins Sri Lanka’s presidential election

Sri Lanka's Election Commission announced NPP presidential candidate Anura Kumara Dissanayake (55) as the winner of the 2024 presidential election, a …

ComBank commences planting 10,000 trees in Kilinochchi and Jaffna districts

The Commercial Bank of Ceylon has embarked on a project to plant 10,000 trees in the northern districts of Jaffna and Kilinochchi as part of the …

FR petition filed before Supreme Court challenging new debt restructuring deal

A fundamental rights petition was submitted to the Supreme Court yesterday, challenging the new restructuring deal of sovereign debt with external …

IMF Technical Assistance recommends introducing single policy rate to strengthen policy signaling

The IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) provided technical assistance (TA) to the Central Bank of Sri Lanka …

CBL Global Foods and USAID join forces to transform Sri Lanka’s coconut industry

CBL Global Foods Limited (CBL GFL), a key player in Sri Lanka’s agribusiness sector and a subsidiary of the CBL Group – one of the largest food …

University of Jaffna – 50 Years of challenges, resilience and excellence! My memories!

By Dr. Kingsley Bernard The University of Jaffna, located in the Northern Province of Sri Lanka, has a rich and complex history deeply intertwined …

SL Reaches in Principle Agreements for Restructuring Sovereign Debt with External Commercial Creditors

On the 19th of September 2024, Sri Lanka announced that it has reached Agreements in Principle on the restructuring of approximately USD$ 17.5 …

TISL Challenges the Companies (Amendment) Bill

Transparency International Sri Lanka (TISL) filed legal action on Friday the 13th of September in the Supreme Court challenging the Bill issued on …

IPS Publication: The Economic Stakes of the 2024 Presidential Election

As Sri Lanka gears up for elections, policymakers must avoid rash economic promises that risk a decade of lost growth and an era of relative …

Mirai Consulting Group Explores Investment Opportunities in Sri Lanka

A high-level delegation from Mirai Consulting Group, Japan, recently visited Sri Lanka to explore potential investment opportunities in various …

German Federal Ministry for Economic Affairs Explores Opportunities at HIP

Tobias Pierlings, Director and Head of Division for South Asia and Southeast Asia at the German Federal Ministry for Economic Affairs and Climate …

Crucial discussion between SL & international sovereign bondholders to take place tomorrow: President

President Ranil Wickremesinghe announced that a crucial discussion between the Government of Sri Lanka and international sovereign bondholders will …