Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently …
Income grows 71% to Rs 280.4 Bn. for the year and 94% to Rs 84.8 Bn. in Q4 Record impairment provisioning for the year – up 186% to Rs 71.9 Bn.; Rs …
Daraz Group, South Asia’s leading e-commerce platform, released the inaugural report on Daraz Live selling in South Asia. The report indicated that live …
The Sri Lanka Retail Forum (SLRF) 2023 conducted by the Sri Lanka Retailers Association (SLRA) on 1st March, 2023, will address many of the pressing challenges …
Total Assets touch Rs. 208 billion, up by 10% Customer deposit base reaches Rs. 162 billion, up by 11% Profit after tax for the year stood at Rs. 2 billion The …
Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecom company Dialog Axiata PLC at 'AAA(lka)'. The Outlook is Stable. The …
The Colombo Stock Exchange (CSE) announces the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) transactions in …
Overseas buyer interest in Sri Lankan properties increased by 40% in 2022, compared with the year before, according to the Real Estate Market Outlook Report …
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, trade and investment promotion and facilitation activities can …
France stands ready to support Sri Lanka in its efforts to restructure its debt, Ambassador for France His Excellency Jean-François Pactet announced at a …
With immediate effect, Sri Lanka's power regulator, the Public Utilities Commission Wednesday approved a 66 per cent hike in electricity tariffs. The rate hike …
Fitch Ratings has revised the Outlook on Sri Lankan home builder Home Lands Skyline (Pvt) Ltd.'s (HLSL) National Long-Term Rating to Negative, from Stable. The …
SriLankan Airlines is set to renew its commercial operations to China in the first week of April 2023, with a thrice weekly service each to Shanghai, Beijing …
Hemas Holdings delivered a commendable performance in the first nine months of the financial year 2023. Notwithstanding the volatile economic conditions, the …
The leading blue-chip conglomerate, Aitken Spence PLC reported a cumulative Profit Before Tax (PBT) of Rs. 10.3 Bn for the nine months ended 31st December …
Fitch Ratings has upgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC' from 'RD' (Restricted Default). The rating …
The European Union (EU) has allocated 4 million Euro (approximately 1,5 billion rupees) in grants for fertilizers, seeds, and training to the most vulnerable …
A token of 50 buses was handed over to President Ranil Wickremesinghe at the Presidential Secretariat premises today as the second phase of a project to uplift …
Advocata Institute As Sri Lanka is inaugurating its political independence of 75 years on February 4th, the burning issue the public is struggling to grapple …
Startup ecosystem builder Hatch entered a strategic partnership with Draper Startup House, a global network of spaces connected to resources for entrepreneurs. …