Fintrex Finance Limited Debuts Inaugural Issuance of High-Yield Bond on the CSE

Fintrex Finance Limited (FFL), a dynamic leader in the non-banking financial realm, marked a significant milestone by issuing the first-ever high-yield bond to be listed on the Colombo Stock Exchange (CSE). The bell ringing ceremony, held on Friday, 14th March 2025 at the CSE Trading Floor, symbolized the company’s dedication to carving out innovative financial […]

Sri Lanka faced rising threats of financial phishing attacks in 2024: Kaspersky Security Bulletin

Sri Lanka is increasingly vulnerable to cyberattacks targeting businesses’ financial transactions, with 9,218 incidents of financial phishing detected in 2024 alone, according to the latest Kaspersky Security Bulletin. This figure highlights the growing sophistication of cybercriminals who are targeting businesses with deceptive online tactics designed to steal sensitive financial information. Financial phishing attacks, which involve […]

Hapag-Lloyd Senior Delegation Meets with Sri Lanka Ports Authority Leadership

A high-level delegation from Hapag-Lloyd, one of the world’s leading shipping lines, met with the Sri Lanka Port Authority’s Chairman -Admiral Sirimewan Ranasinghe and  the  Managing Director – Eng. Ganaka Hemachandra on March 4, 2025. SLPA’s Vice Chairman – Eng. Herath M.P. Jayawardhana, Director (Operations) – Mrs. G. Zavia Miskin and Director (Marketing and BD) […]

Sri Lankan foreign exchange market unveils a foreign exchange matching platform

The Sri Lankan foreign exchange (FX) market has successfully implemented an FX matching platform, as per the initiative taken by the Central Bank of Sri Lanka (CBSL) to foster a deeper FX market. This platform, which is accessible to all Licensed Commercial Banks, National Savings Bank, and the CBSL, was introduced to enhance price discovery, […]

MAS Holdings to gain greater access to growing Indian market with expansions in Odisha, India

MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in the state of Odisha, India. This strategic initiative builds on MAS’ long-standing presence in India while strengthening its regional production capabilities and giving it a strong foothold to access the fast-growing Indian […]

Bridging Farms and Markets to Strengthen Smallholder Farmer Resilience

As part of an ongoing collaborative initiative to empower smallholder farmers, representatives from Hirdaramani Apparel, Lacoste Foundation and the United Nations Development Programme (UNDP) in Sri Lanka, recently conducted a site visit to the ‘Smallholder Farmer Resilience through Innovative Financing Project’ in Vengala Chettikulum and Vavuniya South Divisional Secretariat divisions. Mr. Mathieu Brousse, Vice President […]

Ceylon Chamber Launches “Implementing the National Budget 2025” Seminar Series

The effective implementation of the National Budget has been a key concern for many years. To enhance the feasibility of budget proposals and extend the discussion beyond just the month following a budget speech, the Ceylon Chamber is launching a seminar series titled Implementing the National Budget 2025. This initiative aims to drive actionable insights […]

SLTDA and British High Commission Launch Counter-Terrorism Awareness eLearning Platform

The British High Commission and the Sri Lanka Tourism Development Authority (SLTDA) introduced a Counter-Terrorism Awareness eLearning Platform aimed at enhancing security awareness and resilience within Sri Lanka’s tourism industry. Modelled after the UK’s successful Action Counters Terrorism (ACT) initiative, this online course equips tourism professionals with the skills to identify and address potential threats, […]

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