ACCA Sri Lanka Presents Budget Proposals for 2025 to Deputy Minister of Finance
The Association of Chartered Certified Accountants (ACCA) Sri Lanka recently submitted its comprehensive proposals for the 2025 National Budget to Deputy Minister of.
Finance
Finance
Sri Lanka’s Central Bank Net Foreign Reserves Turn Positive in October 2024
Sri Lanka’s net foreign reserves moved into positive territory in October 2024, with reserves exceeding reserve-related liabilities by approximately 63 million US dollars,.
- December 4, 2024
Finance
People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance
People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.
- December 2, 2024
Finance
Sri Lanka Bondholders Incentivized to Join Exchange, Says CB Governor
Holders of Sri Lanka’s defaulted sovereign bonds have been given sufficient incentives to participate in the exchange launched this week, according to Central.
- November 28, 2024
Finance
Vallibel Finance Raises Rs. 3 Billion Through First-Ever Listed Debenture Issue
Vallibel Finance PLC has successfully raised Rs. 3 billion through its inaugural listed debenture issue, which concluded last week. The issue attracted overwhelming.
- November 26, 2024
Finance
Hela Apparel Holdings Reports 36.5% Revenue Growth in Q2 FY25
Hela Apparel Holdings PLC has reported a remarkable financial turnaround for the second quarter ending 30 September 2024, marking the return to operating.
- November 18, 2024
Finance
NDB Reports Strong Profit Growth Amid Improving Economic Conditions in Sri Lanka
The National Development Bank PLC (NDB) has announced robust financial results for the nine months ending 30 September 2024, highlighting its resilience and.
- November 14, 2024
Finance
Finance Companies Increase Treasury and Repo Investments Amid Vehicle Ban
Sri Lankan finance companies have substantially increased investments in government securities, repurchase agreements (repos), and unit trusts in the first half of 2024,.
- November 13, 2024
Finance
Sri Lanka Banks and SMEs Discuss Parate Law and Loan Issues
Sri Lanka’s banks, regulators, and small and medium enterprises (SMEs) gathered at the Presidential Secretariat to address challenges surrounding parate execution (foreclosure) laws.
- November 12, 2024
Finance
Vallibel Finance to Raise Rs. 3 Billion via Debenture Issue
Vallibel Finance PLC has launched its inaugural listed debenture issue to raise Rs. 3 billion, marking a significant milestone in its funding strategy..
- November 12, 2024