“Dream Destination” Project Commenced Renovation of 100 Railway Stations President Anura Kumara Dissanayake stated that the primary objective of the current Government is not to pursue incremental reforms within the existing framework, but rather to transform and elevate the nation to a significantly higher level of development. The President emphasized that the current political leadership…
Celao Capital Pvt Ltd Advices India’s Mazagon Dock Shipbuilders Limited to successfully acquire a controlling stake of Sri Lanka’s Colombo Dockyard PLC in a Landmark Transaction Celao Capital Pvt Ltd, a Member of RNH Ventures, a boutique consulting and transaction advisory firm, is pleased to announce that it has successfully completed advising Mazagon Dock Shipbuilders…
The barometer of business confidence rises sharply to set a bold new benchmark The country is grappling with a multifaceted public health crisis, battling simultaneous outbreaks of dengue, chikungunya (CHIKV) and a new strain of the coronavirus with a majority of affected individuals reported in the Western Province. Amid these health challenges, the country’s fiscal…
The recent de-escalation in US-China trade tensions has led Fitch Ratings to make broad-based upward revisions to its global growth forecasts compared to the previous Global Economic Outlook (GEO) published in mid-April. But the world economy still faces a sharp slowdown induced by the most severe trade war since the 1930s, says Fitch in its June 2025…
An estimated 500,000 students and 150,000 teachers across Sri Lanka are set to benefit from a new $50 million additional financing package approved by the World Bank yesterday through its ongoing General Education Modernization Project. The additional funding will help keep vital education reforms on track, improve teaching quality, upgrade school facilities, and enhance student well-being,…
First bank-led sustainability summit in Sri Lanka unites business, government, academia and civil society High-level dialogue on Environmental, Social, Governance (ESG), climate action, inclusive finance, and progress on Sustainable Development Goals (SDGs) In a bold and unprecedented step beyond traditional banking, the Commercial Bank of Ceylon convened Sri Lanka’s first-ever bank-led national summit on sustainability,…
Delivering the Chief Guest speech at the ComBank Summit 2025 on “Creating a Sustainable Future,” the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe highlighted the growing responsibility of the financial sector in shaping a resilient and inclusive sustainability agenda. He outlined CBSL’s continued commitment to supporting sustainable finance, particularly through collaborative…
The Ceylon Chamber of Commerce elected Krishan Balendra as its new Chairperson at the 186th Annual General Meeting held yesterday (June 26). Mr. Balendra, who is the Chairperson of John Keells Holdings, succeeds Duminda Hulangamuwa, Country Managing Partner of Ernst & Young Sri Lanka, and the Senior Economic Advisor to the President of Sri Lanka….
Landmark Summit to take place 24-25th September 2025 Aims to attract $500M in FDI to transform Regional Digital Economy 2,000+ participants from 25+ countries including 150+ global experts and speakers Tecxa Pvt Ltd, in collaboration with the Ministry of Digital Economy, the Ministry of Finance, Planning and Economic Development, Hatton National Bank PLC (HNB) and…
John Keells Holdings PLC (JKH) and Melco Resorts & Entertainment proudly announces the grand opening of City of Dreams Sri Lanka on 2nd August 2025. This launch marks the completion of the final components of the project, including a world-class casino, the luxurious Nüwa hotel and a premium shopping mall. The milestone partnership, marks the…
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