Laugfs halts Dubai unit after US sanctions
Laugfs has suspended operations of its Dubai unit SLOGAL Energy DMCC and launched a legal and compliance review after the US Treasury’s Office.
Finance
Finance
Sri Lanka banks hold Rs1.1trn state deposits
Sri Lanka banks have received Rs1.1 trillion in deposits from the government by the end of the second quarter of 2025. This marks.
- October 13, 2025
Finance
Sri Lanka banks boost foreign investments
Sri Lanka banks have shifted their financial strategy, cutting foreign borrowings and increasing overseas investments as monetary stability improves. This move reflects growing.
- October 13, 2025
Finance
Sri Lanka in talks for SME VC fund with ADB
Sri Lanka is negotiating with the Asian Development Bank to establish an SME VC fund that would widen access to affordable, venture-style capital.
- October 10, 2025
Finance
HNB joins $1B loan for Singapore energy firm
Sri Lanka’s HNB has joined a $1 billion sustainability-linked syndicated loan for Singapore-based Aster Chemicals & Energy, marking a key milestone in its.
- October 10, 2025
Finance
Sri Lanka Banks Submit Key Proposals for 2026 Budget
Sri Lanka banks have presented a comprehensive set of proposals for inclusion in the 2026 National Budget. The recommendations focus on supporting SMEs,.
- September 26, 2025
Finance
Sri Lanka Stocks Climb on Financial Sector Gains
Sri Lanka stocks extended their upward momentum on Thursday, supported by strong performances in the financial sector. Investors showed renewed interest in bank.
- September 26, 2025