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We will start renegotiation with IMF immediately after Sajith Premadasa becomes President: Eran
Soon after Sajith Premadasa becomes President, the Parliament will be dissolved after appointing a new cabinet of Ministers We will not wait till the end of general election, we will start maintaining macro economic fundamentals which is the main task of a government, emphasized SJB Parliamentarian Eran Wickramaratne speaking among a representative gathering of bankers […]
Digital Mobility Solutions Lanka IPO Oversubscribed on Opening Day
The Initial Public Offering (IPO) of Digital Mobility Solutions Lanka Limited, through an offer for sale of 43,474,179 ordinary voting shares at a price of Rs. 36 per share, opened yesterday (13th September 2024) and was oversubscribed on the initial day itself. The IPO by Digital Mobility Solutions Lanka Limited attracted applications surpassing the offer […]
Public Resource Misuse Sparks Over 750 Complaints to TISL
Transparency International Sri Lanka (TISL) has received 758 complaints concerning the misuse of public resources for election campaigning as of September 11, 2024. The largest category of complaints—343 in total—pertains to the misuse of public premises. These include the misuse of public grounds, government offices, buildings, and schools etc. for election campaigns. Complaints detail instances […]
EDB & Moratuwa University Collaborate to Enhance Engineering Excellence of Entrepreneurs through MoU
The Sri Lanka Export Development Board (EDB) has established a partnership with the Engineering Faculty of the University of Moratuwa by signing a Memorandum of Understanding to enhance collaboration between the Academia and the Entrepreneurs of construction, power and energy, and engineering services in Sri Lanka. The collaboration aims to support the Research and Development […]
Presidential election amid IMF Program: It is really for the people of SL to decide, says IMF spokesperson
The opportunity for electing a president is really for the Sri Lankans to decide, even though the current program performance remains strong, says IMF spokesperson. Julie Kozack, Director of the IMF Communications Department responding to questions about the implications of the presidential election highlighted that reform efforts are bearing fruit and sustaining reform momentum is […]
CEAT Kelani Holdings rated AA+ by Fitch for 4th successive year
Sri Lanka’s leading tyre manufacturer CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Outlook Stable’ by Fitch Ratings for a fourth consecutive year, a rating Fitch said is supported by CEAT’s sustained leadership in the domestic pneumatic tyre manufacturing industry and the resilience of its financial profile. In its announcement, Fitch […]
Baurs holds insightful expert session on sustainable nitrogen management for agriculture
The urgent need for sustainable nitrogen management has never been more critical for Sri Lanka, as highlighted by recent findings on the environmental and economic impacts of nitrogen use in agriculture, stressed an insightful technical session on Super Urea, held by A. Baur & Co. (Pvt) Ltd, also known as Baurs, a name synonymous with […]
National Single Window: A Game-Changer for Sri Lanka’s Trading Community
What is the National Single Window (NSW)? The National Single Window (NSW) is an integrated digital platform designed to streamline international trade by allowing parties involved in trade and transport to submit standardized information and documents through a single entry point. This concept, supported by international organizations such as the World Trade Organization (WTO) and […]
‘s Presidential election
As the Sri Lanka Presidential Election approaches on 21st September 2024, TikTok is intensifying its efforts to combat misinformation and uphold election integrity on its platform. The platform’s latest initiatives demonstrate its unwavering commitment to maintaining a safe, authentic, and reliable information environment during this important period. Building on its robust global framework to combat […]
ComBank becomes first bank in Sri Lanka to receive Corporate Finance Advisor licence from SEC
Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to receive a licence from the Securities and Exchange Commission of Sri Lanka (SEC) to operate as a Corporate Finance Advisor [CFA]. The receipt of the CFA licence enables Commercial Bank to provide the advisory services listed under Section 188 of the SEC […]