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Central Bank Issues Rs. 2000 Circulated Commemorative Currency Note to Mark its 75th Anniversary
The Central Bank of Sri Lanka (CBSL) issued a Rs. 2000 circulated commemorative currency note today to mark its 75th anniversary. The note is in line with the anniversary theme, “Stability for Prosperity,” reflecting the Central Bank’s enduring commitment to fostering economic stability as the foundation for national development. This is the 5th commemorative currency […]
ComBank becomes the first Sri Lankan bank to cross USD 1 Bn. in market cap
Rings ceremonial bell at Colombo Stock Exchange to celebrate milestone The Commercial Bank of Ceylon PLC’s milestone of becoming the first bank in Sri Lanka with a market capitalisation of more than US$ 1 billion was celebrated at the Colombo Stock Exchange (CSE), where the Bank was invited to ring the ceremonial bell. Commercial Bank […]
Global Dialogue Forum gathers World leaders in Colombo on AI, energy, food & cybersecurity
Global Dialogue Forum (GDF) partnering Club of Rome’s India affiliate, is hosting a unique international conclave at the Galle Face Hotel, Colombo, bringing together leading global experts, policy framers, decision makers to explore the frontiers Artificial Intelligence (Ai) can breach to overcome challenges in green energy, food security and cyber security. It differs from the […]
Ex-President Ranil Wickremesinghe granted bail
Former President Ranil Wickremesinghe, who was arrested and remanded on Friday (22), has been granted bail, local media reported. The order was issued by Colombo Fort Magistrate Nilupuli Lankapura. The former President Ranil Wickremesinghe has been released on three surety bails amounting to Rs. 5 million each. Related: https://www.lankabusinessonline.com/former-president-ranil-wickremesinghe-arrested-to-be-produced-before-fort-magistrates-court/
Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage
Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World® (LeadingRE) under the theme “Connecting Beyond Borders”, […]
Galle Lit Fest expands global reach with new memberships, patronage, and advisory committee
Galle Literary Festival (GLF) is entering a bold new chapter as it prepares for its 13th edition in JanuaryWith an expanded membership programme, the addition of influential patrons, and a newly formed Advisory Committee, GLF is strengthening its position as one of South Asia’s most significant cultural events and as a growing platform for international […]
Mahindra Ideal Finance rolls out revolving credit solution for multi brand vehicle importers and SMEs
Mahindra Ideal Finance Ltd. (MIFL), one of Sri Lanka’s fastest growing finance company, today announced the launch of the MIFL Revolving Business Loan – a customized loan facility designed to address the short-term working capital needs of multi brand vehicle importers and other SME business owners across the country. The MIFL Revolving Loan product has […]
Trial by Media: Bar Association of Sri Lanka Condemns YouTuber Predictions on Case Outcomes
The Bar Association of Sri Lanka (BASL) has issued a statement on August 25, 2025, regarding comments made on social media and other platforms about matters within the purview of the Judicial Service Commission and the Judiciary, which are both Independent Institutions. The Judicial Service Commission is a Commission consisting of the Chief Justice and […]
Maersk Line Strengthens Ties with SLPA Terminals; Signs Three-Year Terminal Service Agreement
In a significant step toward strengthening Sri Lanka’s position as a regional maritime hub, Maersk Line has signed a three-year Terminal Service Agreement (TSA) with the Sri Lanka Ports Authority (SLPA). The agreement is expected to foster business growth, enhance operational efficiency, and pave the way for stronger collaboration between the global shipping leader and […]
Sri Lanka’s Exports Surge to Nearly USD 10 Bn in First Seven Months of 2025
Sri Lanka’s export sector has demonstrated remarkable resilience and steady momentum during the first seven months of 2025, with total exports reaching US$ 9,992.53 Mn, marking a robust 7.79 % growth compared to the corresponding period in 2024. In July 2025 alone, total exports, comprising both merchandise and services reached to US$ 1,641.11 Mn, recording […]