MBSL proposes Rs. 999.1 m Rights to shore up Tier I capital
MBSL proposes Rs. 999.1 m Rights to shore up Tier I capital as the Merchant Bank of Sri Lanka & Finance PLC moves.
Industry & Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Finance
Finance
$ 625,000 payment to US Post goes missing
$ 625,000 payment to US Post goes missing as Sri Lankan authorities launch investigations into a financial transaction that has failed to reach.
- April 29, 2026
Finance
Tech veteran Shanil Fernando resigns from NDB Board
Tech veteran Shanil Fernando resigns from NDB Board effective 27 April 2026, marking a notable development in the leadership structure of National Development.
- April 29, 2026
Apparel and Fashion
Apparel sector flags urgent policy window as 1Q exports fall 8%
Apparel sector flags urgent policy window as 1Q exports fall 8% as Sri Lanka’s garment industry faces rising costs, global uncertainty, and weakening.
- April 28, 2026
Apparel and Fashion
Sri Lanka strengthens global presence at Techtextil and Texprocess 2026
Sri Lanka strengthens global presence at Techtextil and Texprocess 2026 as the country’s textile sector gains international exposure, reinforcing its position as a.
- April 28, 2026
Tech Industry
Sri Lanka tech firms net $2mn in prospects in Tokyo
Sri Lanka tech firms net $2mn in prospects in Tokyo as local ICT companies expand their footprint in Japan, leveraging international exposure and.
- April 28, 2026
Finance
Sri Lanka’s Construction Guarantee Fund ‘BB(lka)’ Rating affirmed
Sri Lanka’s Construction Guarantee Fund ‘BB(lka)’ National IFS Rating affirmed by Fitch highlights continued resilience despite challenging operating conditions and elevated risks in.
- April 28, 2026
Finance
Abans Finance debenture issue closes today, initial Rs. 1 b offer oversubscribed
Abans Finance debenture issue closes today, initial Rs. 1 b offer oversubscribed as strong investor demand drives subscriptions beyond the initial tranche, prompting.
- April 27, 2026
Tech Industry
Digital Economy Ministry says $ 2.5 m Treasury breach not system hack
Digital Economy Ministry says $ 2.5 m Treasury breach not system hack as authorities clarify that the incident was likely the result of.
- April 27, 2026
Tech Industry
Motadata empowers British School of Colombo with proactive IT operations
Motadata empowers British School of Colombo with proactive IT operations through a modernized digital infrastructure designed to enhance visibility, improve system reliability, and.
- April 25, 2026