Sri Lanka SEC and Maldives Sign Deal for Cross Listings
Sri Lanka’s Securities and Exchange Commission (SEC) has signed an agreement with the Capital Market Development Authority (CMDA) of Maldives to facilitate the
Stock Market
Economics
Sri Lanka’s Private Sector Credit Grows by Rs.146 B
Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s
Business
Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion
Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional
Business
Cable Solutions Limited IPO Oversubscribed on First Day
The Initial Public Offering (IPO) of Cable Solutions Limited, which included an offer for subscription of 14,666,600 ordinary voting shares and an offer
Finance
Cabinet Approves Amendments to Streamline Tax Appeal Process
The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded
Forex Market
Current Exchange Rates: Sri Lankan Rupee Against Major Currencies
The latest exchange rates for the Sri Lankan Rupee (LKR) are as follows:
Business
Com’ Bank of Ceylon Wins 6 Asian Business Awards
Commercial Bank of Ceylon achieved a notable success by winning six awards at the Asian Business and Finance (ABF) annual awards ceremony held
Personal Finance
Sriyangani Dhanapala Named First Female Manager at Cinnamon Bentota Beach
Cinnamon Hotels & Resorts has announced the appointment of Sriyangani Dhanapala as the first female Resort Manager at Cinnamon Bentota Beach. With over
Economics
China to Provide Free School Uniforms for Sri Lankan Students in 2025
Education Minister Dr. Susil Premajayantha announced that the Chinese government has agreed to supply school uniforms free of charge for Sri Lankan students