Sri Lanka will see the listing of Maldivian entities in the Colombo Stock Exchange (CSE), as the capital market regulators of the two countries inked an agreement to pave the way for this development.

Despite the recent economic improvements, “very little” system change has been achieved, with the elite control remaining largely intact, said Advocata Institute Chairman Murtaza Jafferjee, stressing that political courage is needed to maintain t

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs 591 Mn.

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on July 23, 2024, decided to reduce the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) by 25 basis points (bps) to 8.25 percent an

Jean-Baptiste Colbert, who served as the French Minister of Finance under King Louis XIV, once said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hi

​HNB PLC announced the attainment of ISO 9001:2015 certification for its Centralized Credit Operations and Credit Administration Departments, reinforcing its dedication to service excellence and quality management.

Brandix was once again felicitated as the country’s largest corporate blood donor, for the 12th consecutive year.

Almas Equities Pvt Ltd, in collaboration with the Institute of Applied Statistics, Sri Lanka (IASSL), launched the Whitelist Index in February 2023.

Dialog Club Vision, Sri Lanka’s premier loyalty programme, has proudly unveiled its collaboration with Shangri-La Hambantota, strengthening its commitment to customer excellence with this landmark partnership announcement, poised to offer exclusive

The Renewable Energy Protectors’ Association (REPA) recently held a media briefing to voice concerns over the government’s decision to reduce tariff rates for new rooftop solar and renewable energy projects, effective from 1 July.

Eden Groups Eco Farms (Pvt) Ltd, a startup founded by two brothers, is stepping up to revolutionize the country’s poultry feed sector to address shortages in raw materials, by using nutrition-rich larvae from Black Soldier Flies (BSF) and alternati

The Securities and Exchange Commission of Sri Lanka (SEC) and The Colombo Stock Exchange (CSE), in collaboration with the Asian Development Bank (ADB) hosted an issuer forum titled ‘Towards a Greener Horizon: Unlocking Opportunities through Sustain

NDB Bank recently took a significant step towards empowering tech professionals with essential financial skills by organising an engaging financial knowledge training session.

Wavenet showcased its innovative prowess at the DTW – Ignite 2024 event.

Fitch Ratings shared that many Sri Lankan finance subsidiaries receive higher ratings due to expected parental support, which often results in ratings that surpass what their standalone performance would typically be.

Sri Lanka’s merchandise export performance for the first half of the year (1H24) totalled US$ 6.098 billion, a 3.87 percent growth Year-on-Year (YoY) when compared with the corresponding period in 2023.

Sri Lankan banks’ operating environment (OE) continues to show signs of stabilisation, Fitch Ratings said, as it is evident in sustained improvements in reported headline macroeconomic indicators, supporting the recovery in banks’ operational fle

Sri Lanka’s Department of Registrar of Companies announced plans to introduce electronic signature next year, in an effort to simplify and fully digitise its services.

As arrears in gold pawn advances hit a record Rs.571 billion amidst the economic crisis, the government has decided to provide interest relief for borrowers in hard-hit low-income communities.

The local handloom sector in Sri Lanka is set to receive a significant push with the government looking to implement several development programmes specifically targeting the empowerment of women and youth involved in the industry.

Renewable energy company, Windforce PLC announced this week the successful commissioning of the 389 KWp Ground Mount Off-Grid Solar Power Project in Zanzibar, Tanzania.

The month of July continues to witness an increased momentum in tourist arrivals as the number of international visitors to the country for the first three weeks crossed the 127,000 mark.

The Cabinet green light has been granted to the draft bill amending the he National Minimum Wage of Workers Act No. 3 of 2016 in order to adjust the national minimum wage to Rs. Rs. 17,500 from current Rs. 12, 500.

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Richard Pieris & Company and Cargills with the turnover crossing Rs. 540 mn.

The secondary market yield curve remained broadly unchanged yesterday amidst limited activities and low trading volumes across the market, ahead of today’s monetary policy decision and bill auction.

Commercial Bank of Ceylon won a remarkable six awards presented in three separate segments recently by Asian Business and Finance (ABF) at a single event in Singapore – the 2024 edition of the magazine’s annual awards ceremony.

Cinnamon Hotels & Resorts announced the appointment of Sriyangani Dhanapala as the first female Resort Manager of Cinnamon Bentota Beach.

Mercantile Investments celebrated a significant milestone with the inauguration of its 55th branch at No. 40, Nuwara Eliya Road, Welimada.

Indian Hotels Company Limited Managing Director and Chief Executive Officer Puneet Chhatwal held discussions with President Ranil Wickremesinghe and shared the entity’s expansion plans and new investments in Sri Lanka.

Dipped Products PLC (DPL), a global leader in the manufacturing of high-quality gloves and a subsidiary of Hayley’s PLC, announced the opening of its dedicated sales and marketing office in Mumbai, India.