Ceylinco Life Invests Rs. 2 Billion as Anchor Investor in DFCC Bank’s First Green Bond
Ceylinco Life has announced its pioneering investment of Rs. 2 billion as the anchor investor in Sri Lanka’s first-ever Green Bond, issued by.
Finance
Finance
DFCC Bank to Launch Rs 2 Billion Green Bond Issue in Sri Lanka
DFCC Bank PLC in Sri Lanka is set to launch a senior, rated, 3-year green bond issue to raise Rs 2 billion, with.
- September 10, 2024
Tech
LOLC Sets New Milestone in Graphene Technology with Middle East Expansion
LOLC Advanced Technologies (LOLC AT), Australia, a subsidiary of LOLC AT, Sri Lanka, has taken a major step in expanding graphene technology with.
- September 6, 2024
Stock Market
LTL Holdings Plans Rs. 20 Billion IPO at Rs. 14.50 per Share
Sri Lanka’s LTL Holdings is set to raise up to Rs. 20 billion through an initial public offering (IPO), subject to regulatory approvals,.
- August 29, 2024
Finance
Ceylon Electricity Board Reports Rs.34.35 Billion Profit for 2Q24 Amidst Tariff Reductions
Ceylon Electricity Board Reports Rs.34.35 Billion Profit for 2Q24 Amidst Tariff Reductions The state-run Ceylon Electricity Board (CEB) announced a significant profit of.
- August 22, 2024
Economics
CEB Utilizes Rs. 93 Billion Profit to Settle Power Project Debts: Minister Wijesekera
Power and Energy Minister Kanchana Wijesekera announced yesterday that the Ceylon Electricity Board (CEB) used its net profit of Rs. 93 billion, registered.
- August 22, 2024
Economics
WindForce Achieves Stellar Q1 Performance with 87% Surge in EBITDA
WindForce PLC has reported an exceptional financial performance for the first quarter of the 2024/25 fiscal year, showcasing significant growth across key metrics..
- August 16, 2024
Economics
JKH and CG Corp Partner to Bring BYD Electric Vehicles to Sri Lanka
Sri Lanka’s John Keells Holdings (JKH) has partnered with Nepal’s Chaudhary Group (CG Corp) to introduce BYD electric vehicles (EVs) to the region,.
- August 15, 2024
Finance
ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms
On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.
- August 7, 2024
Economics
Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions
The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions.
- August 6, 2024