The Sri Lanka Export Development Board (EDB) on 1st July, 2025 held a productive and insightful discussion with the Sri Lanka Pharmaceutical Manufacturer’s Association (SLPMA) to explore collaborative pathways for the development of the local pharmaceutical sector with a strong focus on export growth and overcoming key industry bottlenecks. The meeting was attended by the…
AIA Group recently hosted its annual Bancassurance Summit 2025 in Beijing, bringing together senior executives and strategic banking partners from across the Asia-Pacific region. Held under the theme ‘Ascend Together: Igniting Growth and Innovation,’ the summit served as a platform for collaboration, thought leadership, and the advancement of bancassurance across the region. This year’s event…
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC), the Sri Lanka Institute of Directors (SLID), and KPMG, recently hosted a successful Family Business Forum themed “Building a Lasting Family Legacy: A Strategic Approach to Growth and Continuity”. The event brought together family business owners, industry leaders,…
The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months…
The Inland Revenue Department officially opened a VAT refund window at Bandaranaike International Airport (BIA) on July 4, enabling foreign tourists to reclaim Value Added Tax (VAT) paid on eligible purchases made in Sri Lanka. This initiative was implemented following policy approval from the Gem and Jewellery Authority and the Ministry of Industries, based on…
Vidullanka PLC marked a historic milestone today with the inaugural listing of Sri Lanka’s first-ever Sukuk on the Colombo Stock Exchange (CSE), introducing a Shariah-compliant financial instrument to the nation’s capital market for the first time. The occasion was celebrated with a ceremonial bell-ringing event held at the CSE Trading Floor, highlighting a pivotal advancement…
The Japan – Sri Lanka Economic Cooperation Policy Dialogue – 2025 was held today, July 04, 2025, at the Ministry of Finance, Planning and Economic Development in Colombo. The forum was in order to exchanging the views on the matters pertaining to Japanese funded project portfolio and exploring the future development and prospective economic cooperation policies…
The Board of Directors of the Bank of Ceylon (BOC), one of the premier state- owned commercial banks in the country, has approved a dividend contribution of Rs. 5 billion to the General Treasury, its sole shareholder. This decision reflects the Bank’s continued commitment to supporting the national economy, following its exceptional financial performance during…
The International Monetary Fund (IMF) has underscored the upcoming 2026 Budget as a key element in Sri Lanka’s ongoing economic reform program, describing it as a “very, very important part” of the process under the Extended Fund Facility (EFF). Responding to a question raised by Ada Derana during the press briefing on the completion of…
The opening of a Commercial Bank of Ceylon Representative Office in the Dubai International Financial Centre (DIFC), a milestone not just for the Bank but for Sri Lanka’s banking sector, was fittingly celebrated recently with the participation of the top management of the Bank and dignitaries from Sri Lanka and the United Arab Emirates. The…
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