VIDEO: Withholding Tax Hike, A System Inefficiency – Tax Experts
In this insightful discussion, tax experts N. R. Gajendran and Suresh Perera analyze how the new reforms will affect the general public and the broader …
Economy & Markets
Sri Lanka Introduces Landmark Food & Beverage Regulations
The Sri Lankan government has announced new restrictions on marketing food and beverages to children, effective January 1, 2025, under the Food (Labelling …
CSE Announces the appointment of Vindhya Jayasekera as CEO Designate
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ms. Vindhya Jayasekera as the Chief Executive Officer (CEO) Designate, effective 1st …
CCPI-Based Headline Inflation Remains Negative in December 2024
According to the Central Bank’s near-term projections, headline inflation, as indicated by the year-on-year (Y-o-Y) change in the Colombo Consumer Price …
Sri Lanka’s Green Bonds must demonstrate climate impact measurement: MTI
Sri Lanka is witnessing a significant shift towards sustainable finance with Colombo Stock Exchange (CSE) introducing the listing and trading of Green Bonds in …
CDS Launches 011 2356 444 as a Dedicated Hotline
The Central Depository Systems (CDS), a subsidiary of the Colombo Stock Exchange (CSE), is pleased to announce the launch of its dedicated hotline, effective …
CCC Clarifies Non-Involvement in Media Statements on Finance Ministry & CBSL Directives
The Ceylon Chamber of Commerce has categorically clarified that it is in no way connected to or involved with the statements recently attributed to "The Sri …
Opinion: Embracing change, charting a brighter future for Sri Lanka’s plantation industry
By Sunil Poholiyadde, Chairman of the Planters’ Association of Ceylon For 170 years, Sri Lanka’s plantation industry has stood the test of time. Despite …
‘Invest Sri Lanka’ Capital Market Investor Forum Set for March 2025 in Colombo
The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the Stock Broker industry, will host the …
Sri Lanka’s November Exports Reach USD 1.27 Bn Amidst Minimal Growth
Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% …
Fitch Upgrades Sri Lanka to ‘CCC+’ from Restricted Default
Fitch Ratings has upgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+', from 'RD' (Restricted Default). Fitch typically does …
CSE announces changes to S&P Sri Lanka 20 index constituents
The Colombo Stock Exchange (CSE) announces the following changes to the S&P Sri Lanka 20 index constituents as part of the 2024 Year-End Rebalance, …
Sri Lanka’s GDP Growth at 5.5-pct in Q3 2024
Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the same period …
Sri Lanka Reports High Participation in ISB Exchange Offer, Aiming for 98-pct Conversion
Sri Lanka's Ministry of Finance has announced the successful expiration of its Consent Solicitation and Exchange Offer for International Sovereign Bonds …
TISL Unveils Landmark Research on Private Sector Corruption Risks
Transparency International Sri Lanka (TISL) launched its 'Corruption Risk Mapping Research: A Study on Sri Lanka’s Private Sector' on December 12 at the …
Ceylinco Cancer Centre unveils refurbished interiors
The Ceylinco Cancer Centre at Park Street, Colombo 2 recently completed a major refurbishment to offer a more comfortable and aesthetically-pleasing …
Strengthening sustainability: JAAF and Solidaridad chart path for EU market alignment
The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the …
The UK-Sri Lanka Trade Mission Highlights Export Potential of Women-Led Businesses in Jaffna
The United Kingdom (UK)-Sri Lanka Trade Mission, co-organized by the International Trade Centre (ITC) and the Sri Lanka Export Development Board (EDB), …
Sri Lanka’s Exports Surge by 18-pct in October 2024
As per the provisional data released by the Sri Lanka Customs, the country's merchandise export performance in October 2024 reached an impressive US$ 1,097.1 …
Delmege Insurance Brokers secures number one position in the business
Delmege Insurance Brokers Ltd, a trailblazer in the insurance brokerage sector, has proudly achieved the coveted position of being the highest ranked company …