World Bank expects solid growth but risky outlook for South Asia
South Asia is expected to grow by 5.8 percent this year—higher than any other developing country region in the world, but slower than its pre-pandemic pace …
South Asia is expected to grow by 5.8 percent this year—higher than any other developing country region in the world, but slower than its pre-pandemic pace …
Lanka—Sri Lanka ranks 116 out of 165 jurisdictions included in the Economic Freedom of the World: 2023 Annual Report, released by Advocata Institute in …
S&P Global Ratings today raised its long- and short-term local currency sovereign credit ratings on Sri Lanka to 'CCC+/C' from 'SD/SD' (selective default). …
Sinopec announced its official entry into Sri Lanka's dynamic fuel retail market at the felicitation event for local distributors held on the 25 th of …
The Governor of the Central Bank of Viet Nam, known as State Bank of Viet Nam (SBV), Nguyen Thi Hong, expressed optimism and encouraging sentiments about the …
Emirates and SriLankan Airlines have signed a reciprocal interline agreement to boost connectivity for passengers of both airlines. The partnership will enable …
The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and …
Sri Lanka bank ratings are unaffected by the downgrade of Sri Lanka’s Long-Term Local-Currency Issuer Default Rating to ‘RD’ from ‘C’, says Fitch …
Thathsarani Siriwardana The issue of female labor force participation in Sri Lanka has remained a subject of discussion for several decades, yet tangible …
The Ceylon Chamber of Commerce (CCC) expresses its appreciation to the Government and to the President in particular for the decision taken to postpone repeal …
The ‘Corporate Governance Awareness Session’ organized by the Finance Houses Association of Sri Lanka (FHA), the apex body of all registered Finance …
Sri Lanka's Governor of the Central Bank, Dr. Nandalal Weerasinghe has been rated 'A-' by the Global Finance Magazine. The Global Finances Report Cards 2023 …
Standardised minimum 20-week parental leave provisions irrespective of gender, relationship status or how a child comes to permanently join an employee’s …
The Commercial Bank of Ceylon has announced another initiative under its Green lending portfolio to support customers who share the Bank’s commitment towards …
Working towards a shared objective of sustainable socio-economic development in Sri Lanka, Sri Lanka’s leading private sector bank HNB PLC has partnered with …
Export manufacturer of hand protection solutions and member of the Hayleys Group, Dipped Products PLC (DPL), announced the launch of its new ESG roadmap ‘DPL …
Financial Highlights During the first half of 2023, Sampath Bank reported robust financial performance, with a profit before tax (PBT) of Rs 13.2 Bn and a …
The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 14th August 2023. The …
Gross Income improves by 40.29% to Rs 167.668 Bn. Interest income up 71% to Rs 150.8 Bn, but interest expenses surge 139% to Rs 113.3 Bn. Appreciation of Rupee …
Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB, A(lka)/Rating Watch Negative (RWN)) proposed Sri Lankan rupee-denominated Basel III-compliant …