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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 …

EDB and KPMG Sri Lanka collaborated to create awareness on new EU Regulations for ESG Factors

Export Development Board (EDB) and KPMG Sri Lanka jointly organized a knowledge-sharing session on the new European Union (EU) regulations concerning …

We will start renegotiation with IMF immediately after Sajith Premadasa becomes President: Eran

Soon after Sajith Premadasa becomes President, the Parliament will be dissolved after appointing a new cabinet of Ministers We will not wait till the …

Digital Mobility Solutions Lanka IPO Oversubscribed on Opening Day

The Initial Public Offering (IPO) of Digital Mobility Solutions Lanka Limited, through an offer for sale of 43,474,179 ordinary voting shares at a …

Public Resource Misuse Sparks Over 750 Complaints to TISL

Transparency International Sri Lanka (TISL) has received 758 complaints concerning the misuse of public resources for election campaigning as of …

EDB & Moratuwa University Collaborate to Enhance Engineering Excellence of Entrepreneurs through MoU

The Sri Lanka Export Development Board (EDB) has established a partnership with the Engineering Faculty of the University of Moratuwa by signing a …

Presidential election amid IMF Program: It is really for the people of SL to decide, says IMF spokesperson

The opportunity for electing a president is really for the Sri Lankans to decide, even though the current program performance remains strong, says …

CEAT Kelani Holdings rated AA+ by Fitch for 4th successive year

Sri Lanka’s leading tyre manufacturer CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Outlook Stable’ by …

Baurs holds insightful expert session on sustainable nitrogen management for agriculture

The urgent need for sustainable nitrogen management has never been more critical for Sri Lanka, as highlighted by recent findings on the …

National Single Window: A Game-Changer for Sri Lanka’s Trading Community

What is the National Single Window (NSW)? The National Single Window (NSW) is an integrated digital platform designed to streamline international …

TikTok strengthens measures to combat misinformation ahead of SL’s Presidential election

As the Sri Lanka Presidential Election approaches on 21st September 2024, TikTok is intensifying its efforts to combat misinformation and uphold …

ComBank becomes first bank in Sri Lanka to receive Corporate Finance Advisor licence from SEC

Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to receive a licence from the Securities and Exchange Commission of Sri Lanka …

Ceylinco Life to invest Rs 2 billion as Anchor Investor in DFCC Bank Green Bond

Ceylinco Life has announced it will break new ground by investing Rs 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in …

Cordelia Cruises to begin 2025 season at HIP in June

Cordelia Cruise Lines completed its second season of calls at the Hambantota International Port (HIP) in September 2024.  The scheduled 6 visits …

JICA pledges further technical assistance to Power Sector Reforms

Sri Lanka is on a mission to revamp its state-owned enterprises, including the Ceylon Electricity Board (CEB) under the IMF Program, while the …

Parliament Approves Offshore Banking Regulations At Port City Colombo

Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking -- Prudent Management and Confidence, were …

TISL urges CIABOC to reconsider the unwarranted redacting of asset declarations, to the public

The asset declarations of over 100 persons who are obligated to submit their asset and liabilities declarations, including top officials and the …

Federal Reserve Easing Cycle Will Be Mild and Slow by Historical Standards: Fitch Ratings

The US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes, …

Opinion: Potential Impact of a Clean, Development-Focused Government on Sri Lanka’s Stock Market

By Uddeepa Peiris As Sri Lanka navigates through a complex political and economic environment, the need for a shift in governance has become more …

Union Bank Launches 24 Hours Rapid Vehicle Leasing

Union Bank recently relaunched its leasing facilities  with competitively low monthly rentals and 24 hours approval providing customers the …

CSE and DFCC Bank Forge Strategic Partnership through New MOU

The Colombo Stock Exchange (CSE) and DFCC Bank PLC (DFCC) signed a Memorandum of Understanding (MoU) recently with the aim of enhancing the …

Fitch Revises UB Finance’s Outlook to Negative; Affirms Rating at ‘BB(lka)’

Fitch Ratings has revised the Outlook on Sri Lanka-based UB Finance PLC (UBF) to Negative from Stable and affirmed its National Long-Term Rating at …