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 …
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 …
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 …
89% of IT leaders worry GenAI flaws could negatively impact their organization’s cybersecurity strategies
Sophos, a global leader of innovative security solutions for defeating cyberattacks today released a new report, “Beyond the Hype: The Businesses Reality of …
The Japan Sri Lanka Technical and Cultural Association announces JASTECA awards 2025
The Japan Sri Lanka Technical and Cultural Association (JASTECA) announced the launch of the prestigious JASTECA Awards 2025, reaffirming its commitment to …
Alliance Finance Company Launches Green Bond on the Colombo Stock Exchange
Alliance Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, marked a significant milestone with the issuance of its …
Japan to Invest in Sri Lanka’s Digital Transformation and Port Development
President Anura Kumara Disanayake met with Ambassador of Japan to Sri Lanka, H. E. Mr. Akio ISOMATA, this morning (27) at the President’s Office. During the …
Public Advisory on the Misuse of the Term ‘Finance’
Sri Lanka's Central Bank has issued a warning regarding the unauthorized use of the terms ‘finance,’ ‘financing,’ and ‘financial’ in business names …
Opinion: Will NPP’s maiden budget discourage private investment and FDI?
By Indika Hettiarachchi Sri Lanka is a capital staved nation urgently in need to boost private investment to catalyze economic development. In such background …
Opinion: 2025 Budget; A Catalyst for Capital Market Development & Enhanced Corporate Governance
By Uddeepa Peiris Sri Lanka's 2025 budget, introduced by President Anura Kumara Dissanayake, aims to revitalize the nation's economy post-crisis. This article …
First Set of Vehicle Imports to Arrive at Hambantota International Port
The first set of vehicle imports for the local market after the ban was lifted will arrive on Thursday, the 27th at midnight, the Hambantota International Port …
CBL Group expands global footprint with entry into Kenya
CBL Group, a food conglomerate, has entered the Kenyan market by establishing a distribution hub as part of its strategic move to strengthen exports and …
Gourmet Galle welcomes Tom Parker Bowles to Colombo and Galle
Gourmet Galle hosts Tom Parker Bowles, son of Queen Camilla, at 1864, Galle Face Hotel in Colombo for an unforgettable Royal Banquet. Gourmet Galle brings its …
JAAF welcomes budget 2025, calls for caution on removal of SVAT
Similarly, initiatives such as the National Single Window, e-cargo tracking, scanners, revisions to Customs law, and improvements in logistics and Customs …
Dredging Operation at Hambantota International Port to Restore Harbor Depth
The Hambantota International Port (HIP) began maintenance dredging this month in order to restore the harbour’s original depth. The operation undertaken by …
Pan Asia Bank Announces Performance with a PAT of over 4.1 bn for FY 2024
Net Interest Income - Rs. 12.13 billion, up by 18%Net Fee and Commission Income - Rs. 1.90 billion, up by 24%Operating Profit before Taxes on Financial …
Sri Lanka’s Revenue Raising Drive Key to Credit Profile: Fitch Ratings
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an approach that, if successful, …
CA Sri Lanka leads discussion on fiscal reforms & national prosperity at Annual Budget Seminar 2025
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) hosted its highly anticipated Annual Budget Seminar 2025, bringing together leading experts …
Discussion at SLCERT Highlights Cybersecurity Measures Aligned with Digital Economy Policy
A discussion was held at the Sri Lanka CERT under the initiative of Dr. Hans Wijesuriya, Senior Advisor to the President on Digital Economy Affairs, to …
2025 Budget Targets Inclusive Growth Through Bold Reforms: Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce welcomes bold proposals in the budget that align with its recommendations, Sri Lanka Economic Summit discussions, and Vision …