Ceylon Chamber calls for independent Central Bank
The Ceylon Chamber of Commerce is firmly of the view that institutions like the Central Bank of Sri Lanka should be allowed to function independently …
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CICT pledges USD 25,000 for sight-saving surgeries in Sri Lanka
Another group of Sri Lankans with correctable eye diseases and disorders will soon begin surgery to restore clearer vision, thanks to the latest …
President assures solutions to land issues in NP; 8 committees to resolve provincial land issues
President Ranil Wickremesinghe said that eight (8) committees would be appointed at the provincial level to resolve the land issues. He also pointed …
Encouraging Sri Lanka’s youth to pursue entrepreneurship: Ceylon Chamber and ILO
As Global Entrepreneurship Week 2022 shines the spotlight on the importance of entrepreneurship to economic growth, the International Labour …
Framing a fresh narrative of South Asian Luxury at CFW
Luxury edition by CFW focuses on refreshing the luxury narrative which is relevant to Sri Lanka and South Asia. This narrative is presented in a …
CFA Society Sri Lanka joins CSE to ring the bell for financial literacy
“Investors need to be aware of the products and services that capital markets and financial markets offer.” – CSE Chairman “Financial …
President to Inaugurate Sri Lanka Economic Summit 2022
The upcoming Sri Lanka Economic Summit 2022, the foremost and most anticipated annual economic event in Sri Lanka, will be inaugurated by the Chief …
First Capital forges ahead amidst a challenging economic environment
First Capital Holdings PLC (the Group) recorded a Profit after Tax of Rs. 823Mn for the six months ended 30th September 2022 compared to Loss after …
CCC says budget is in right direction but stresses implementation is key to success
The Ceylon Chamber of Commerce observes that the National Budget for 2023 contains many laudable reform proposals which, if implemented in a timely …
The world population reaches 8 billion people
Our world is approaching a landmark moment in human history. On 15 November 2022, the global population is projected to reach 8 billion people. …
Group Chairman SLT proposes four fundamental policies to transform loss-making SOEs
While selling assets may be the easiest solution to ward off the national crisis Sri Lanka currently faces, another option lies in transforming …
Budget 2023: Download Budget Speech (Text)
Budget Speech 2023:
Budget Speech 2023 – Highlights
President and Finance Minister Ranil Wickremesinghe is delivering the Second Reading of the Appropriation Bill for the financial year 2023 in …
Fitch Affirms Ceylon Electricity Board at AA-(lka); Outlook Stable
Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board's (CEB) National Long-Term Rating at 'AA-(lka)' with a Stable Outlook. They have …
Aruna Perera, CFA takes over CFA Society Sri Lanka reins
CFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally. The Society …
Korea and Sri Lanka marks 45th Anniversary of diplomatic relations
By Korean Ambassador Santhush Woonjin JEONG Ayubowan, Vanakkam, Annyonghasimnikka (Korean greeting) I am the Ambassador of the Republic of Korea to …
Apparel industry calls for urgent action of FTAs to maintain resilient performance
The Joint Apparel Association Forum (JAAF) has urged the Government to urgently expedite negotiations on Free Trade Agreements (FTAs) to enhance the …
Operationally strong ComBank Group posts healthy topline growth, amidst prudent provisioning
The Commercial Bank of Ceylon Group has posted a strong operational performance in the first nine months as well as in the third quarter despite the …
Sampath Bank moves ahead steadily to prove its ability to withstand strong headwinds
Amidst widespread economic uncertainty during the year 2022, Sampath Bank maintained a strong capital base and a steady liquidity profile. Proactive …
UK Trade Envoy concludes 3-day visit to Sri Lanka
The UK Prime Minister’s Trade Envoy for Sri Lanka Lord Davies of Abersoch visited Colombo from 9th to 11th November 2022. During the visit Lord …
History Repeating Itself: Sri Lanka’s Electricity Crisis
By Imesha Dissanayake: The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the Sri Lankan economy and weakened its …
Taxing Tobacco: Why the 2023 Budget Should Increase Tobacco Taxes
By an IPS Research Team Sri Lanka’s economy is at a critical juncture where urgent steps are needed to improve the country’s fiscal position. The …