The Colombo Stock Exchange (CSE) yesterday announced the changes in the S&P Sri Lanka 20 index constituents....

The Colombo Stock Exchange (CSE) has approved in principle the listing of Commercial Bank of Ceylon PLC’s....

As the vehicle sales segment is expected to become active once again, paving the way for the commencement....

Trade between Sri Lanka and Thailand is set to witness a boost as the Ceylon Chamber of Commerce (CCC) renews a memorandum of understanding (MoU) with the Board of Trade of Thailand.

The government expressed optimism about the country’s potential to shed its ‘bankrupt nation’ label in the coming weeks as a series of upcoming events are expected...

The introduction of Standard Operating Procedures (SOP) has sparked significant boom in Sri Lanka’s automotive component manu

Sri Lanka is currently exploring the establishment of a development bank, a move that would facilitate the required funding to help improve the competitive capabilities of industries, President Ranil Wickremesinghe said.

The Economic Transformation Bill could create an oasis in an island of bad governance, sparking uncertainty among foreign investors and threatening the flow of crucial investments, warn legal and investment experts.

The all-important construction sector in Sri Lanka added much more heft in the first three months of the year.....

While businesses and individuals in Sri Lanka are likely to witness more pain as plans are underway to bring in more taxes, the International Monetary Fund...

Sri Lanka’s economy grew at a faster pace of 5.3 percent in the first three months of 2024, picking up from 4.5 percent in the final three months of last year, as the economy cooled down from the red-hot inflation back then, while the availability

Sri Lanka was able to let out a sigh of relief yesterday with the Internal Monetary Fund (IMF) announcing the approval of the second review under the Extended Fund Facility (EFF) programme which will release US$ 337 million.

Despite the recent achievements in tax revenue, Sri Lanka’s target for the next two years still remains ambitious, with a limited number of tax policy options being available, an International Monetary Fund (IMF) official said.

Corporate earnings of Sri Lanka’s public quoted companies showed mix results in the first quarter of this year (1Q24).

Sri Lanka’s non-vessel operating common carrier (NVOCC) space is seeing high demand and rising opportunities emerging....

The government has all necessary tools in its disposal to fully digitalise Sri Lanka’s corruption-ridden border control agencies....

Acknowledges authorities have been holding extensive discussions and says there is strong expectation that agreements with external commercial creditors will be reached soon.

Colombo-based Capital Alliance (CAL), a full-service frontier capital markets solutions provider, plans to expand into other frontier markets, aiming to operate in regions with a combined GDP of US$1-1.5 trillion within the next 3-5 years.

Amidst the declining interest rates and entrance of new funds, Sri Lanka’s unit trust industry has continued to gain traction this year. The number of unit trust holders surpassed 100,000 and the total net asset value (NAV) crossed Rs.500 billion a

The global market demand for ship building and ship repairs looks promising in the near future. However, financial market problems in Sri Lanka will continue to pose a challenge to the growth targets of Colombo Dockyard PLC.

Sri Lanka surpasses all its South Asian counterparts in recruiting women at entry level in the banking sector, a recent report by the International Finance Corporation (IFC) highlighted.

The growth in merchandise exports outstripped the growth in imports to help narrow the trade deficit in April compared to a year ago levels, but the cumulative four months deficit stands higher compared to the corresponding period of last year signal

The Colombo district inflation eased further to 0.9 percent in May, from 1.5 percent in April, as both food and non-food prices continued their months-long streak of declines,

Having nearly one third of listed entities adopting Environmental, Social and Governance (ESG) principles in their business models and reporting, the Colombo Stock Exchange (CSE) Chief acknowledges a growing interest among listed entities to adopt ES

Although the private sector credit growth hasn’t so far picked up to the desired levels, the Central Bank said it is hopeful that the pace of growth would improve along with the recovery in the economy as well as the easing of credit conditions, al

As widely expected, the Central Bank left its key policy rates unchanged at the policy meeting held this week.

The tea industry veterans warned that the Ceylon Tea brand would face irreparable damage in international markets, leading to both decline in auction prices and global market share, if the government forced the plantation companies, including the sma

Alarmed by the government’s move to increase the minimum daily wage without additional revenue streams and with no industry consultation, Sri Lanka’s tea smallholders....

The Central Bank on Tuesday launched Sri Lanka’s first-ever Financial Literacy Roadmap (2024-2028), in particular targeting to promote financial literacy among the youth and women in the micro, small and medium enterprise (MSME) sectors.

Premier bluechip, John Keells Holdings PLC, recorded a strong fourth quarter, which contributed to satisfactory financial performance for the 2023/2024 financial year. During the fourth quarter, the