CNA – Asian markets were mixed on Monday (Sep 15) as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate…
Reuters – Sri Lanka’s central bank has room to cut interest rates further but is treading carefully to preserve a buffer against potential external shocks, Governor P. Nandalal Weerasinghe told Reuters on Friday, ahead of its policy meeting on September 23. The Central Bank of Sri Lanka surprised markets in May by trimming its overnight…
Alliance Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, celebrated a landmark moment with the issuance of its Social Bond on the Colombo Stock Exchange (CSE). The market opening ceremony, held on 08th September 2025 at the CSE Trading Floor, highlighted AFC’s continued commitment to sustainable and socially impactful finance. The listed,…
The Central Bank of Sri Lanka (CBSL) has released key findings of the Systemic Risk Survey (SRS) conducted for the second half of 2025. This release summarises financial market participants’ overall confidence in the financial system, the sources of perceived risks and the likelihood of such risks. The results of the publication are based on…
Fitch Ratings: Fitch Ratings has assigned DFCC Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed blue bonds of up to LKR3 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The bonds, which would be the first listed blue bond issuance in Sri Lanka, will mature in three, four or five years. The proceeds…
Reuters – Global sales of fully electric and plug-in hybrid vehicles grew 15% in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives, market research firm Rho Motion said on Friday. China’s EV sales growth, which averaged 36% a month in the first half, cooled to 6% in August….
SriLankan Airlines has partnered with Axis Bank, one of the largest private sector banks in India, to offer exclusive airfare deals and other benefits to the Bank’s 15 million-strong customer base. This strategic partnership marks an exciting new chapter for SriLankan Airlines and its valued customers in India, a flagship market, as the airline continues…
Last week, Nepal was rocked by its most violent upheaval in recent memory. What began last Monday as a self-styled “Gen Z protest” against corruption, nepotism, and a clampdown on social media, spiralled into nationwide chaos after security forces opened fire on crowds. By Tuesday, protesters had torched parliament, the Supreme Court, Singha Durbar, and…
First reading of the Budget on September 26 Budget Speech on November 7 Secretary General of Parliament Ms. Kushani Rohanadeera stated that the second reading of the Appropriation Bill (the budget speech/presentation of budget proposals) for the year 2026 will be held on 7th November, 2025, followed by the budget debate from 8th November to…
United States Ambassador to Sri Lanka, Julie Chung, together with a delegation of senior officials from the Office of the United States Trade Representative (USTR), met with President Anura Kumara Dissanayake at the Presidential Secretariat Yesterday (11) for discussions. The Heads of the USTR, who commended the delegation appointed by the Sri Lankan government to…
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