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HNB felicitates employees who completed 25 years of service
Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing Director and CEO Damith Pallewatte, SVP/Chief Human […]
World Bank Vice President Concludes First Official Visit to Sri Lanka
The World Bank’s Vice President for South Asia, Johannes Zutt, concluded his first official visit to Sri Lanka yesterday. During his two-day visit, he met with President Anura Kumara Dissanayake, Central Bank Governor Dr. Nandalal Weerasinghe, Secretary to the Treasury Dr. Harshana Suriyapperuma, and other senior officials. The visit built on World Bank Group (WBG) President […]
New Rs. 2000 Note to Be Accepted in Banks After Cash-handling Machine Calibration: CBSL
The Central Bank of Sri Lanka (CBSL) issued a Rs. 2000 circulated commemorative currency note on 29 August 2025 to mark its 75th Anniversary. In order to facilitate the smooth acceptance and dispensation of the new note, Licensed Commercial Banks are in the process of calibrating their cash-handling machines. In keeping with the pace of […]
TikTok launches dedicated STEM Feed in Sri Lanka with Govt support
TikTok, with the support of the Government of Sri Lanka, today announced the launch of a dedicated STEM Feed in the country, creating a new in-app destination for credible science, technology, engineering and mathematics content. This initiative signals a new era where TikTok, together with the Government and its vibrant Sri Lankan community, will come […]
Equity (Shares): What It Means to Own a Piece of a Company
Umair Ismail, CFA This article is part of a collaborative series by the Securities and Exchange Commission of Sri Lanka (SEC), CFA Society Sri Lanka and the Colombo Stock Exchange (CSE) and which aims to enhance financial literacy and empower individuals with the knowledge and tools to make informed financial decisions and build long-term financial […]
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Fitch Ratings has assigned DFCC Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed blue bonds of up to LKR3 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The bonds, which would be the first listed blue bond issuance in Sri Lanka, will mature in three, four or five years. The proceeds from the […]
Terra Motors, Japan’s Leading EV Innovator, Enters Sri Lanka with Electric Three-wheeler
Terra Motors, a leading Japanese electric mobility company, has announced its entry into the Sri Lankan market with the launch of its flagship electric three-wheeler, Kyoro. It is Terra Motors’ next-generation electric three-wheeler, built for both passenger mobility and last-mile logistics. With a top speed of over 55 km/h, an extended range of up to […]
| How Sri Lanka’s Political Transformation Is Reshaping Stock Market
A Follow-up Analysis: September 2024 – September 2025By Uddeepa Peiris Introduction: When Predictions Meet Reality In September 2024, just weeks before Sri Lanka’s presidential election, I wrote that a government committed to clean governance and development could trigger a dramatic transformation in the country’s stock market. One year later, with President Anura Kumara Dissanayake leading […]
Ceylon Chamber Presents National Budget 2026 Proposals to President
The newly appointed Board of The Ceylon Chamber of Commerce, led by Chairperson Krishan Balendra, held its first official meeting with His Excellency the President today. The meeting provided a platform to present the Ceylon Chamber’s priority proposals for the forthcoming National Budget 2026, while also reviewing progress on previous reform initiatives. The Ceylon Chamber’s […]
Advocata Commends Decision to Close 33 Non-Operational SOEs & Calls for Divestiture as Next Step
The Advocata Institute welcomes the decision by the Cabinet of Ministers, on the proposal of President Anura Kumara Dissanayake in his capacity as Minister of Finance, Economic Stabilization and National Policy, to formally close 33 non-operational State-Owned Enterprises (SOEs) under Phase 2 of the government’s state-sector reform program. The move, to be implemented through a […]