The Ceylon Chamber of Commerce Celebrates 186 Years of Service to Sri Lanka
The Ceylon Chamber of Commerce, Sri Lanka’s premier business chamber, proudly marks its 186th anniversary today (25th March) Reflecting on this milestone, …
Economy & Markets
Fitch Publishes ‘AAA(lka)’ Rating for Hayleys’ Proposed Debentures
Fitch Ratings has published the National Long-Term Rating of 'AAA(lka)' for Sri Lankan conglomerate Hayleys PLC's (AAA(lka)/Stable) proposed senior unsecured …
Capital Alliance Investments Ltd Lists the ‘CAL Five Year Closed End Fund’ on the CSE
The units of the ‘CAL Five Year Closed End Fund’ were officially listed on the Colombo Stock Exchange (CSE) on 20th March 2025. Accordingly, a total of …
Who Stands to Lose? The Effects of GSP+ Withdrawal on Sri Lanka’s Exports and Labour Force
Growing uncertainties on the future of global trade as President Trump seeks to impose reciprocal tariffs make programmes such as the European Union’s …
Sri Lanka’s Q4 GDP Growth Hits 5.4-pct, 2024 Projected at 5.0-pct
Issuing a communiqué, on releasing National Accounts Estimates, the DCS states that the GDP growth rate for the year 2024 has been estimated as 5.0 percent of …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Sri Lanka Bank’s Association welcomes budget as “Positive,” stresses importance of implementation
Sri Lanka’s banks have welcomed the maiden budget of the new government, describing it as “positive” and one that seeks to maintain policy consistency, …
Budget 2025: Commitment to IMF Programme, Challenges Ahead, says Moody’s Ratings
Sri Lanka’s 2025 budget signals a strong commitment to adhering to the International Monetary Fund (IMF) programme, with a focus on achieving a primary …
Sri Lanka Announces Bus Sector Modernization with New Fleet of 300 Advanced Buses
The government has proposed the introduction of a modern and comfortable fleet of technologically advanced buses on a pilot basis. As part of this initiative, …
Govt Allocates Rs. 20 Bn to Sign Deal with Banks for SriLankan Airlines Legacy Debt Settlement
To address the financial burdens of SriLankan Airlines (SLA), the government has announced a plan to settle the airline's legacy debt. Despite previous …
Government Announces Special Interest Scheme for Senior Citizens with 3-pct Additional Interest
The government has introduced a Special Interest Scheme to be implemented from July 2025. Under this scheme, individuals above 60 years of age will be eligible …
