New World Bank Chief for Sri Lanka, Maldives and Nepal
David Sislen is the World Bank’s new Country Director for Maldives, Nepal, and Sri Lanka, effective July 1, 2024. Sislen succeeds Faris Hadad-Zervos, who …
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Indian External Affairs minister Dr. Jaishankar to arrive tomorrow in Sri Lanka
The Minister of External Affairs of India, Dr. Subrahmanyam Jaishankar will be undertaking an official visit to Sri Lanka on 20 June 2024. During this visit, …
CFA Society Sri Lanka celebrates capital market excellence
The annual CFA Society Sri Lanka Capital Market Awards recognizing and rewarding excellence in the local capital markets was held on Tuesday, 18 June 2024, at …
Ceylon Chamber commends board-level agreement on second IMF review, Calls for sustained economic reforms
The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s Extended …
CSE’s implementation of shortened settlement cycle for equity trades proves successful
The Colombo Stock Exchange’s (CSE) implementation of the shortened settlement cycle for equity trades has been executed seamlessly with the first settlement …
WealthOS successfully raises £4Mn with institutional investors Barclays
WealthOS, a UK-based cloud-native wealth management platform founded by two Sri Lankan entrepreneurs and with product and engineering operations in Sri Lanka, …
Min Sabry attends BRICS Foreign ministerial outreach session in Russia
Foreign Minister Ali Sabry undertook an official visit to Russia at the invitation of his counterpart, Sergey Lavrov, Minister of Foreign Affairs of the …
Nobel Biocare launches in SL, Bringing advanced dental implant solutions with Delmege Healthcare
Nobel Biocare, a global leader in innovative implant-based dental restorations, is thrilled to announce its official launch in Sri Lanka. This marks the first …
Fitch assigns Comm Bank’s basel III subordinated debt final ‘BBB+(lka)’
Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB, A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III- compliant subordinated …
SriLankan Cargo reinvents service delivery with strong customer focus
SriLankan Cargo, the air cargo division of SriLankan Airlines, recently unveiled its reinvented service delivery framework and website, with a strong focus on …
Advocata welcomes economic transformation Bill
The Advocata Institute welcomes the government’s stated intention to move from an inward-oriented economy to a more open economy to boost international …
Softlogic Capital grows 13-pct, records Rs. 431Mn PBT in FY24
Softlogic Capital, the financial services sector of the Softlogic Group consisting of Softlogic Life, Softlogic Finance, Softlogic Stock Brokers and Softlogic …
MullenLowe SL appoints Lakshika Gunatilake to head LowePublic
The MullenLowe Group Sri Lanka (MLG), the largest multidisciplinary brand communications group has appointed Lakshika Gunatilake, as the head of its Public …
Siyapatha Finance PLC debenture issue oversubscribed
Siyapatha Finance PLC, a subsidiary of Sampath Bank PLC and a prominent leader in Sri Lanka's non-banking financial sector, announces the resounding success of …
IORA Biz Conclave 2024 spurs trade and strategic MOUs
The Indian Ocean Rim Association (IORA) Business Conclave 2024, held from May 28th to 29th facilitated trade and investment across the Indian Ocean Rim region …
Planters’s Ass. strongly opposes Govt’s proposed wage hike for plantation sector workers
The plantation industry raised its strongest possible objections to the Government's arbitrary, reckless, unilateral decision to drastically hike minimum wages …
Eran: Can government, which failed to reach the expected tax revenue last year, save the country from bankruptcy?
SJB Parliamentarian Eran Wickramaratne addressing the media Sunday in Colombo said that although the government entered into an agreement with the …
Central Bank launches financial literacy roadmap of Sri Lanka 2024-2028
The Central Bank of Sri Lanka launched the Financial Literacy Roadmap of Sri Lanka, marking a significant step towards enhancing the financial capabilities of …
JKH records strong Q4 2023/24 with recurring EBITDA growth of 20-pct to Rs.14Bn
• During the fourth quarter, the Group reported a strong performance across most businesses, with Consumer Foods, Transportation and Leisure, in particular, …
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 environment …