Sampath Bank succeeded in raising Rs 10 Bn in Tier 2 capital via a debenture issue in February 2023 and despite the depressing economic outlook in the Country, …
The European Union (EU) urges Sri Lanka to lift the import restrictions preventing many European products from entering its market. At the 25th Session of the …
Fitch Ratings has affirmed SriLankan Airlines Limited's (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 at
Given the weak external environment and domestic policy tightening, aimed at restoring macroeconomic stability, Sri Lanka's economy is expected to contract by …
The Commercial Bank of Ceylon Group’s deposit base has surpassed Rs 2 trillion, a milestone it achieved in the first quarter of 2023 despite the continuing …
The Hambantota International Port (HIP) launched its Duty Free Complex with the opening of 2 duty free shops within the port’s premises. The complex is …
Two cruise ships, MS Europa 2 and MS Azamara Quest visited Hambantota International Port (HIP) on Tuesday (9th). More than 900 passengers disembarked to visit …
The fourth round of talks on the proposed Sri Lanka-Thailand Free Trade Agreement was held recently with both parties agreeing to complete the negotiations and …
Sri Lanka, like many other global nations, is working towards adopting greener and cleaner approaches for a more sustainable and resilient future. With the …
The Chairman of Public Utilities Commission of Sri Lanka Janaka Ratnayake says that the electricity consumers should get a 20 percent tariff reduction based on …
By Jekhan Aruliah I first met Kamilton Arumugam and Lieke Schroder by mistake. We met at my place in Jaffna about a project a mutual friend thought we had a …
The Central Bank of Sri Lanka (CBSL) has assured the banks that the regulatory stance in the on-going Domestic Debt Optimization (DDO) discussions with …
The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. Ajay Banga most …
Foreign Minister Ali Sabry met with the President of Asian Development Bank, Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of …
The banks believe that all stakeholders involved in structuring the restoration of Sri Lanka’s Balance of Payments to a sustainable equilibrium must …
Expolanka Holdings PLC ended its financial Year 2023 displaying resilience in the face of a challenging macro environment, while pursuing a strategy of …
The Chairman of the China Merchants Group (CMG), China’s largest diversified conglomerate, who was on a visit to Sri Lanka says the Group’s latest …
The Sri Lanka Export Development Board (EDB) on Friday made public the National Organic Certification Mark (NOCM) to increase consumers’ awareness of organic …
President Ranil Wickremesinghe says that the government is committed to carrying out its agricultural modernization plan. Speaking at recent meeting held at …
The implementation of structural reforms focusing not only on restoring near term stability but also on rebuilding the nation with adequate safeguards and …