Personal Finance

Offering advice and tips on managing personal finances, including budgeting, saving, investing, and retirement planning.

Investing

TEC Invests $750,000 to Expand Presence in Sri Lanka, Opens Fourth Centre in Colombo

The Executive Centre (TEC), Asia’s largest premium workspace provider, continues its strategic expansion in Sri Lanka with a new $750,000 investment. TEC has.

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Investing

Netherlands Invests €300,000 in Gampaha Batik SMEs with Electric Three-Wheelers

The Netherlands’ Foreign Affairs Ministry has invested €300,000 in a cluster project aimed at enhancing the sustainability and growth of local batik SMEs.

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Investing

Sri Lanka to Develop $1.5 Billion Logistics Hub in Trincomalee

Sri Lanka is set to establish a major logistics hub in Trincomalee’s Kappalthurai, targeting heavy industries and aiming to attract up to $1.5.

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Personal Finance

Maliban Group Appoints Kumudika Fernando as New Chairperson

The Maliban Group has announced a major leadership transition, with A.G. Kumudika Fernando being appointed as the new Chairperson, effective August 15, 2024..

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Investing

Sri Lanka Secures US$ 71.53 Million in Tourism Investments for 2024

Sri Lanka’s tourism sector has attracted US$ 71.53 million in investment proposals up to August 16th this year, according to the latest data.

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Investing

Aviyana Ceylon: Sri Lanka’s First 7-Star Hotel Project Seeks Investors

Sri Lanka’s first-ever seven-star hotel project, Aviyana Private Chalets (Aviyana Ceylon), currently under development in the Udispattuwa area of Kandy, is now inviting.

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Personal Finance

Rajkumar Kanagasingam Wins Bronze at 2024 Stevie Awards for Tech Excellence

Rajkumar Kanagasingam, Founding President of the Fintech Association of Sri Lanka (FASL), has been awarded the Bronze in the “Executive of the Year.

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Personal Finance

Teejay Lanka Posts Rs. 273.7 Million Profit in 1Q25

Teejay Lanka PLC, Sri Lanka’s pioneering multinational textile manufacturer, has announced a remarkable turnaround in its financial performance for the quarter ending June.

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Personal Finance

INQ Holdings, SBI Funds, Citigroup Lead Adani Energy’s $1 Billion QIP

INQ Holdings, a unit of the Qatar Investment Authority, along with SBI Mutual Fund and foreign investment firms Nomura and Citigroup, emerged as.

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Investing

Sri Lanka Secures $800 Million in FDIs in Q1 2024

Sri Lanka has secured Foreign Direct Investment (FDI) agreements totaling $800 million for 35 projects in the first quarter of 2024, according to.

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