Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), is due to visit Colombo next month to review the progress of Sri Lanka’s IMF-supported programme and to express solidarity with the country following recent natural disasters, IMF Asia and Pacific Department Director Krishna Srinivasan said. Speaking during a meeting with President Anura Kumara Dissanayake…
National Development Bank PLC stated that the Bank has further strengthened its strategic partnership with the International Finance Corporation, a member of the World Bank Group, on three (3) distinct fronts, to support its journey forward as an impactful contributor to Sri Lanka’s banking and financial services landscape. The relationship between NDB and IFC, which…
John Keells Properties announced that The Offices at Cinnamon Life, located within the landmark City of Dreams Sri Lanka, has reached full occupancy, along with some floors sold to a diverse portfolio of leading local and international corporates, marking a key milestone for the development. This demand reflects the appeal of City of Dreams as…
The Board of Investment of Sri Lanka (BOI) intensified efforts to attract new local and foreign investments into the education sector, leveraging Sri Lanka’s long-standing reputation for a well-structured and inclusive education system. The country’s high literacy rates—among the best in the region—are rooted in a strong foundation of early childhood education that extends through…
The latest edition provides statistical information related to Sri Lanka’s external trade and its contribution to major economic indicators such as trade balance. GDP and individual sectorial involvement for the year 2024 and five preceding years. This volume is the 38th Volume of this publication, and its previous editions have been constantly used as a…
John Keells Holdings PLC (JKH) reported a strong operational performance for the third quarter of FY2025/26, with Group EBITDA rising 68% year-on-year to Rs.23.76 billion, driven by improved profitability across all business sectors. Cumulative EBITDA for the nine months ended December 31, 2025, rose 84% to Rs.55.10 billion compared to Rs.29.94 billion a year earlier,…
David Pieris Logistics (Private) Limited (formerly D P Logistics (Pvt.) Limited), the logistics arm of the David Pieris Group of Companies, officially inaugurated Jaffna’s first-ever purpose-built, multi-user logistics facility, marking a significant milestone in the development of modern logistics infrastructure in Sri Lanka’s Northern Province. Mr. David Pieris, Founder & President of the David Pieris…
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) successfully concluded the ‘Invest Sri Lanka’ Investor Forum in Dubai on 22nd January 2026 at the Sheraton Grand Hotel, as part of a series of roadshows across the Middle East. The forum, targeting the international investment community and Sri Lankan…
(Reuters) – Spot gold extended its blistering rally on Thursday to hit a record high just shy of $5,600 an ounce, as investors sought safety amid geopolitical and economic uncertainties, while silver came within a whisker of breaching the $120 mark. Spot gold shot up 2.7% to $5,542.29 an ounce by 0149 GMT, after hitting…
The International Monetary Fund (IMF) says Sri Lanka’s Extended Fund Facility (EFF) program is not on hold, clarifying that only the fifth review has been postponed to allow for a reassessment of economic conditions following the impact of the recent cyclone. IMF Mission Chief for Sri Lanka Evan Papageorgiou made the remarks at the conclusion…
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