New feature redirects users searching sexual abuse-related terms to support resources and safety information TikTok today announced the rollout of a new search guide in Sri Lanka aimed at providing timely help and critical support to users who may be at risk of, or impacted by, sexual abuse. The new feature is part of TikTok’s…
The Commercial Bank of Ceylon has announced plans to raise up to Rs 15 billion for lending to sustainability-linked projects via a Green Bond approved in principle by the Colombo Stock Exchange (CSE) for public listing. The Green Bond Issue opening on Monday 4th August 2025 will comprise of an initial issue of 100 million…
Sri Lanka’s export sector demonstrated remarkable resilience and steady progress during the first six months of 2025, with total exports reaching US$ 8,337.86 Mn, marking a robust 6.70 % growth compared to the same period in 2024. Total exports, including both merchandise and services reached US$ 1,460.34 Mn in June 2025. This shows an impressive…
First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, recently concluded its highly anticipated Mid-Year Outlook Investor Forum 2025. Held on the 17th of July 2025, the virtual forum recorded over 900 registrations. This overwhelming response underscores the growing need for timely, expert financial guidance in Sri Lanka’s…
Ms. Dulani Warnakulasooriya, Senior Vice President of Enterprise Risk Management and Post Trade Settlement at the Colombo Stock Exchange (CSE), shares insights into the need for a Central Counterparty (CCP) clearing in Sri Lanka, a landmark development aimed at strengthening market stability, reducing systemic risk, and aligning with international best practices. What is a Central…
Virtusa Corporation, a global provider of digital strategy, engineering, and IT services and solutions, announced that it has been named a finalist in The Top 50 Consulting Firms of 2025 list by The Consulting Report, ranking 8th– an impressive rise of seven places from its 15th position last year. This recognition highlights Virtusa’s steadfast commitment to delivering expert counsel,…
by Securities and Exchange Commission of Sri Lanka Understanding Where Your Money Goes And How Businesses Grow Picture this: You have some extra money sitting in your drawer, while across town, an established manufacturing company with a solid track record desperately needs funds to expand their operations and hire more workers. How do these two…
The Planters’ Association of Ceylon (PA) has expressed grave concern over the United States’ decision to impose a 30% tariff on Sri Lankan tea and rubber exports, set to take effect from August 1st. The Association warns that this move could devastate two of Sri Lanka’s most historic and employment-intensive sectors, tea and rubber undermining…
Reuters – The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods – half the threatened rate – and averting a bigger trade war between the two allies that account for almost a third of global trade. U.S. President Donald Trump and European Commission President Ursula von…
Sri Lanka’s apparel exports recorded a 5.2% increase in June 2025 compared to the same month last year, driven by robust gains in the European Union and United Kingdom markets, according to the Joint Apparel Association Forum (JAAF). Exports to the EU surged by 23.1% in June, while shipments to the UK rose by 20.4%,…
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