Fitch Rates Seylan Bank’s Basel III Subordinated Debt ‘BBB(EXP)(lka)’
Fitch Ratings has assigned Seylan Bank PLC's (A-(lka)/Stable) proposed Sri Lankan rupee-denominated, Basel III-compliant subordinated debentures of …
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Debt Restructuring Talks With External Bondholders Ongoing; Official Creditor Deals Await Finalization: IMF
Julie Kozack, Director of Communications at the International Monetary Fund (IMF), provided an update on Sri Lanka's economic performance and debt …
Port City Colombo to reinvent SL economy to contemporary system that is geared for export of services
Port City Colombo says it hopes to empower large-scale business growth within the South Asian region through a reliable and competitive regulatory …
Launching Creative Catalyst Fellowship: Sri Lanka’s First Leadership & Innovation Program for Creatives
Good Life X (GLX) announced the launch of the Creative Catalyst Fellowship (CCF) at Trace Expert City today. The program, funded by the U.S. …
Two Luxury Liners visit Hambantota International Port
Two cruise ships docked at Hambantota International Port on 15th May 2024. MV. Silver Cloud owned by Silversea Cruises, the luxury brand of the …
Siddhalepa takes Ayurveda to UAE
Siddhalepa, the Ayurveda-based wellness brand, unveiled its presence in the Middle East, particularly in the United Arab Emirates. This auspicious …
Sampath Bank reports Q1 results: PAT of Rs3.4Bn
Sampath Bank posted a profit before tax (PBT) of Rs 6.2 billion and a profit after tax (PAT) of Rs 3.4 billion for the three months ended 31st March …
CFA Society Sri Lanka Recognizes Achievements in Financial Management at University of Jaffna
CFA Society Sri Lanka (CFASSL) is pleased to acknowledge and celebrate excellence in the field of Financial Management at the University of Jaffna. …
Advocata hosts: Charting the course: Revitalizing economic governance for prosperity
In an effort to address the ever-evolving landscape of global governance, an esteemed gathering of thought leaders from diverse backgrounds will …
People’s Bank and EDB Forge Strategic Alliance to Boost Sri Lanka’s Export Sector
In a landmark move aimed at propelling Sri Lanka’s export sector to new heights, the Sri Lanka Export Development Board (SLEDB) and People’s Bank …
CSE and USAID hold issuer Forum in South, educating SMEs on opportunities
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) collaborated on a forum to provide small and …
John Keells partners with Sysco LABS and Brandix Lanka for FastTrack summer internship programme 2024
The 'FastTrack' summer internship, introduced by the John Keells Group, makes its return this year, in collaboration with Sysco LABS Sri Lanka and …
Cross Border Partnership: PickMe ventures into Nepal; IFC endorses move to support startup ecosystem
PickMe has crossed digital borders and will take the ride hailing market by storm with the launch of their latest technology partnership, JumJum …
LRA upgrades Janashakthi Limited (JXG) to Investment Grade
Janashakthi Limited (JXG), the parent entity of the Janashakthi Group of Companies, announces a three-notch upgrade in its credit rating by Lanka …
IFC & EU Partner with Comm Bank to Scale Up Green Finance, Signaling Need for Climate Resilient Investments
In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the …
Industry focus sectors at IORA business conclave 2024
The Indian Ocean Rim Association (IORA) Business Conclave organised by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign …
CFA Society SL to upskill analysts to uphold investment research standards
The much-awaited annual CFA Society Sri Lanka Capital Market Awards will be held for the 11th year on 18 June 2024 at the Cinnamon Grand, Colombo. …
President Announces Plans to Pass Women-Empowering Bills in Parliament by June
President Ranil Wickremesinghe emphasized his recognition of the challenges women face in safeguarding their families amidst the economic crisis. He …
Opinion – From Socialism to Success: Sweden’s Economic Evolution
by M. Rizwan Muzzammil Introduction Both Sweden and Sri Lanka profess to follow Democratic Socialism. But Sweden has seemingly produced a more …
Emirates extends strategic partnership with Sri Lanka Tourism to boost visitor traffic to the South Asian island
Emirates has reaffirmed its long-standing commitment to promoting tourism to Sri Lanka through a Memorandum of Understanding (MoU) signed with the …
Fitch Affirms SriLankan Airlines’ Government Guaranteed Bonds at ‘C’
Fitch Ratings has affirmed the rating on SriLankan Airlines Limited's (SLA) USD175 million government guaranteed 7% unsecured bonds due 25 June 2024 …
SEC Sri Lanka Approves Accredited Shariah Scholars for Islamic Capital Market Products Certification
The Securities and Exchange Commission of Sri Lanka (SEC) has approved a list of Accredited Shariah Scholars as “Supplementary Service …
Sampath Bank unveils its new “Vishwa” retail App
Sampath Bank, a leading innovator in Sri Lanka's banking industry, proudly unveiled its revolutionary mobile application, Sampath Vishwa Retail. This …