CBSL Eases Conversion Period for Export Proceeds
The Central Bank of Sri Lanka (CBSL) has announced a significant relaxation in the rules governing the conversion of export proceeds into Sri Lanka Rupees. …
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SEC issues new directions on Whitelist Indices
With the objective of protecting the interest of investors seeking Shariah compliant investments and rationalizing the construction and publication of Shariah …
Fortude Ignite WomenTech internship 2024 empowers future tech leaders
The Fortude WomenTech Internship 2024, which commenced in August2024 following a selection from over 1,400 applications, marked two intense weeks of immersive …
Beyond red tape: How digitalization can save Sri Lanka’s economy
In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s a crisis …
Sri Lanka’s Industries call for reduction in water tariffs to boost competitiveness
A collective of trade associations including the Joint Apparel Association Forum (JAAF), the Federation of Chambers of Commerce and Industry in Sri Lanka …
SEC Amends Entry Requirements for Capital Market Professionals
CCM program, is the only pathway to obtain the Registered Investment Advisor Qualification Currently there are approx. 500 active Investment advisors in …
Podcast insights from Prof.’s Ghosh and Nicholas on global inequality, IMF’s “real” agenda
In the latest series of the RIUNIT podcast hosted by Roshan Madawela, distinguished economists Prof. Howard Nicholas and Prof. Jayati Ghosh, delve deeply into …
ADB approves USD100Mn policy-based loan support for power sector reforms in Sri Lanka
The Asian Development Bank (ADB) and the Government of Sri Lanka signed a loan agreement for US$100 million on Monday (5 August 2024) for subprogram 1 of a …
Central Bank of Sri Lanka publishes its inaugural market operations report
The Central Bank of Sri Lanka (the Central Bank) released its inaugural Market Operations Report (MOR) with the aim of enhancing awareness and knowledge among …
Thilak Piyadigama takes the helm at WEBXPAY
In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama, a veteran with over three decades of …
Softlogic Stockbrokers’ Investment Platform “StockGPT” Enhanced with Azure OpenAI Service
Organizations across all industries and of all sizes are leveraging Microsoft AI’s versatile and cutting-edge solutions to achieve remarkable outcomes. …
Export Performance in Sri Lanka Sees 2.58-pct Growth in June 2024
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an …
Cable Solutions Limited Oversubscribed on the Opening Day
The Initial Public Offering (IPO) of Cable Solutions Limited, through an offer for subscription of 14,666,600 ordinary voting shares at a price of Rs. 7.50 per …
Constituent Changes in S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2024 …
CSE Shortens Settlement Cycle for Equity Trades
The Colombo Stock Exchange (CSE), in consultation with the Securities and Exchange Commission of Sri Lanka (SEC) and industry participants, has announced that …
Port City Colombo to reinvent SL economy to contemporary system that is geared for export of services
Port City Colombo says it hopes to empower large-scale business growth within the South Asian region through a reliable and competitive regulatory environment …
EDB and CHEC Port City Colombo sign MoU to boost export businesses
In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the …
SEC appoints two top professionals to drive its HR and Organisation Transformation agenda
The capital market regulator, Securities and Exchange Commission of Sri Lanka (SEC) has appointed two experienced and talented professionals to head its HR …
New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka
Small and medium enterprises (SMEs) in Sri Lanka are set to benefit from the newly established Secured Transactions Registry (STR), which aims to facilitate …
SEC Calls for a More Active Unit Trust Industry
The Securities and Exchange Commission of Sri Lanka (SEC) as part of its continuous engagement process with stakeholders in the capital market landscape, held …