ADB names ComBank its ‘Leading Partner Bank’ in Sri Lanka for 3rd year
The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and …
Sri Lanka Financial Institution Ratings Not Affected by Sovereign Downgrade: Fitch Ratings
Sri Lanka bank ratings are unaffected by the downgrade of Sri Lanka’s Long-Term Local-Currency Issuer Default Rating to ‘RD’ from ‘C’, says Fitch …
Fitch Downgrades Sri Lanka’s Long-Term Local- Currency IDR to Restricted Default from ‘C’
Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) to 'RD' (Restricted Default) from 'C'. The ratings on its …
EPF accepts Debt Exchange offer after considering two options under DDO programme
The Monetary Board of the CBSL as the custodian of the EPF, having considered the two options available has decided to opt for the Debt Exchange offer with a …
Civil Society Governance Diagnostic Report presents 34 governance benchmark recommendations
The Civil Society Governance Diagnostic Report on the Anti-Corruption Landscape of Sri Lanka introduces a comprehensive set of governance reform …
SEC approves new Listing Board and Rules for SOEs
Capital market regulator, the Securities and Exchange Commission of Sri Lanka (SEC), has approved the creation of a separate Listing Board and Listing Rules at …
Opinion: From education to employment, Understanding the gender gap in the workforce
Thathsarani Siriwardana The issue of female labor force participation in Sri Lanka has remained a subject of discussion for several decades, yet tangible …
Ceylon Chamber welcomes SVAT repeal deferment
The Ceylon Chamber of Commerce (CCC) expresses its appreciation to the Government and to the President in particular for the decision taken to postpone repeal …
Corporate Governance Awareness Session hosted by Compliance Forum of Finance Houses Ass concludes
The ‘Corporate Governance Awareness Session’ organized by the Finance Houses Association of Sri Lanka (FHA), the apex body of all registered Finance …
State Minister of Technology calls for comprehensive investigation into cyber attacks
State Minister of Technology, Kanaka Herath, has taken a decisive step today by officially requesting an investigation into a cyber attack that transpired on …
Unveiling Trade Potential: An Ex-Ante Analysis of the Sri Lanka – Thailand FTA
Sri Lanka and Thailand are engaged in expedited negotiations for a free trade agreement (FTA), aiming to conclude the negotiations by early 2024. Both …
Ceylon Chamber of Commerce Advocates for Healthcare Reform and Patient Safety in Sri Lanka
The Ceylon Chamber of Commerce has taken a proactive stance in addressing critical issues within Sri Lanka's healthcare sector, recognising the importance of …
CSE to introduce Regulated Short Selling through Stock Borrowing & Lending to enhance trading opportunities
The Colombo Stock Exchange (CSE) is pleased to announce the introduction of two significant initiatives shortly, Regulated Short Selling (RSS) through Stock …
JICA to provide Technical Cooperation in Power Sector Reforms of Sri Lanka
The Cabinet appointed a Senior Lead advisor as the Head of Power Sector Reform Secretariate, to provide Strategies to coordinate activities pertaining to the …
SEC Announces Enhanced Corporate Governance Rules
The Securities and Exchange Commission of Sri Lanka has announced revisions to Corporate Governance Rules applicable to entities listed on the Colombo Stock …
Ceylon Chamber Urges Government to Reconsider SVAT Abolition
The Ceylon Chamber of Commerce is urging the Government to reconsider its recent decision to abolish the Simplified Value Added Tax (SVAT) system given the …
President heads to Cuba to address G77 + China Leaders’ Summit
President Ranil Wickremesinghe is set to depart for Cuba to address the G77 + China Leaders’ Summit next week. This summit, themed “Current Development …
Tax to 30-pct on EPF is unjust as members end up paying more than corporate sector: Eran W
Eran Wclramaratne stressed that chapter 27 of the Constitution, envisages that the directive principles policy shall guide parliament, President and the …
Mastercard and Colombo Port City Economic Commission Sign MoU for City Possible
Mastercard and Colombo Port City Economic Commission today announced the signing of a Memorandum of Understanding (MoU) to collaborate by leveraging …
Tea Exporters Association Highlights Resilient Tea Industry Amidst Global Challenges
The 24th Annual General Meeting (AGM) of the Tea Exporters Association (TEA) was held on the 1st of September 2023, amidst the presence of industry …