All Blogs
Reforming organic agriculture laws in Sri Lanka to unlock export potential
With over 400 certified organic exporters/ processors and more than 12,000 organic producers, Sri Lanka’s organic sector contributes over $0.5 billion annually to the national economy. By aligning regulations with international standards, the country aims to strengthen its credibility in the global organic market and unlock new trade opportunities. Key organic exports include tea, coconut-based […]
Tariff Wars: How Will the US Reciprocal Tariff Impact Sri Lanka?
By Dr Asanka Wijesinghe: The proposed additional tariffs on the US imports from Canada, China, and Mexico went into effect early Tuesday morning (March 4), paving the way for a trade war between the US and major trade partners. In addition, the Presidential Memorandum on Reciprocal Trade and Tariff of the United States (US) has […]
GoviLab AgriTech accelerator : Empowering Sri Lankan farmers through technology
The Regional Demo Day of the GoviLab AgriTech Accelerator concluded successfully on the 2nd of March 2025, at the Farm Mechanization Training Centre in Anuradhapura. The event brought together over 3,000 participants, including farmers, government officials, private sector representatives, and members of the public, to witness the demonstrations of ten innovative Agri-Tech solutions developed by […]
Capital Trust Properties (Pvt) Ltd. joins Leading Real Estate Companies of the World®
Capital Trust Properties (CTP), recognized as the largest property transaction company in Sri Lanka and a one-stop shop for all real estate services from A to Z, announced its membership in Leading Real Estate Companies of the World® (LeadingRE), the premier global network of independent residential real estate brokerages. This landmark partnership reinforces CTP’s commitment […]
Ceylinco Life retains No 1 spot in life insurance with premium income of Rs 37.14 bn. in 2024
Total income tops Rs 65.54 billion, with investment income of Rs 28.4 billion Total assets cross Rs 250 billion milestone Pays Rs 25 billion in net claims and benefits to policyholders Life Fund grows by 14.8% to Rs 180.9 billion CAR improves to 448%, 3.7 times the minimum requirement of 120% Ceylinco Life has emphatically […]
Serendib Frontier Capital Raises Rs. 475 Mn in Tier II Subordinated Debt for MBSL
Serendib Frontier Capital has successfully structured and placed Rs. 475 million in Tier II qualifying subordinated debt for Merchant Bank of Sri Lanka & Finance PLC (MBSL), providing MBSL with additional capital to support its growth and regulatory requirements. Serendib Frontier Capital managed the structuring and placement of the debt instrument, leveraging its expertise in […]
TRI-ZEN by John Keells Properties Celebrates Completion as Largest Residential Development in Heart of Colombo
John Keells Properties and Indra Traders hosted an event on the 28th of February 2025 to mark the successful completion of TRI-ZEN, the largest residential development in the heart of Colombo. Situated in Union Place, Colombo 2, TRI-ZEN is an 897-unit apartment complex designed to redefine urban living by seamlessly blending technology, accessibility, and contemporary […]
ComBank posts stellar results in 2024 after absorbing a SLISB restructure loss of Rs 45 bn
Net reversal of Rs 62 Bn. in impairment provisions compensates for loss from sovereign bonds restructuring Further accelerates lending with loan book growth of Rs 230 Bn., with approximately half of growth coming in Q4 Net interest income up 36.71% to Rs 118 Bn. Total taxes triple to Rs 62 Bn. PBT of […]
IMF Executive Board Completes the Third Review Under the Extended Fund Facility
The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to support its economic policies and reforms. Performance under the program has been strong. All quantitative targets for end-December 2024 were met, except the […]
CA Sri Lanka’s 2025 Curriculum Redefines the Chartered Accountant’s Role for Tomorrow’s Challenges
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched its transformative 2025 curriculum on 27th February 2025, marking a significant shift in the role of Chartered Accountants. The event was attended by Chief Guest Mr. Pradeep Saputhanthri, Secretary to the Hon. Prime Minister, along with industry & business leaders, senior government officials, […]