CBC Finance Ltd, a subsidiary of the Commercial Bank of Ceylon PLC commemorated its listing on the Colombo Stock Exchange (CSE) by way of the issuance of LKR 1.5 bn worth of debentures by the ceremonial ringing of the market opening bell on the CSE trading floor. CBC Finance Ltd raised LKR 1.5 Bn on…
Reuters – Netflix’s decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday. The streaming giant won Warner Bros’ vote earlier this month, securing a $72 billion equity deal for its TV, film studios and streaming assets before Paramount launched a hostile $108.4 billion…
Hambantota International Port (HIP) welcomed Mein Schiff 6 on its maiden call at the port on 3rd December, marking another significant step in the port’s growing prominence as a South Asian cruise destination. The Malta-flagged, 2017-built vessel, measuring 295.17 metres, arrived from Colombo with 2289 passengers and 950 crew on board. After its stop at…
The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share. Through the Issue, WTS seeks to raise a total of LKR 500,837,708, with the Company’s shares expected to be listed on the Diri…
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 55.5 in November 2025. This indicates an expansion in manufacturing activities on a month-on-month basis, with favourable contributions from all the sub-indices. The expansion in New Orders was primarily driven by increased activity in the food and beverages, and textiles…
The World Bank Group is deeply saddened by the devastation caused by Cyclone Ditwah in Sri Lanka. Our thoughts are with the people who have lost loved ones, homes, and livelihoods, and with the communities now facing immense hardship. We commend the remarkable resilience shown by Sri Lankans in the face of this disaster and…
Sri Lanka’s economy expanded by 5.4 percent year-on-year in the third quarter of 2025, according to the latest National Accounts estimates released by the Department of Census and Statistics (DCS). At constant prices (2015 base year), Gross Domestic Product (GDP) increased to Rs. 3,325.6 billion in the July–September period, compared to Rs. 3,154.1 billion in…
The Consulate General of Sri Lanka in Dubai successfully hosted a high-level breakfast meeting today, bringing together leading travel trade professionals, media partners, airline representatives, and key influencers to promote Sri Lanka as a premier travel destination under the revitalized “Sri Lanka is Ready” tourism campaign. The networking event, held at the premises of the…
Ministry of Finance data confirms Bank’s dominant contribution to national SME credit in 2024, accounting for more than 30% of total loan value The Commercial Bank of Ceylon has once again emerged as the country’s largest lender to small and medium enterprises (SMEs), retaining its position for the fifth consecutive year, according to the Ministry…
Working with organisations under Dubai Humanitarian, over 100 tonnes of relief aid will be deployed across Emirates’ daily flights to Sri Lanka First flight departed this week, carrying high-energy food items for WFP Emirates and Dubai Humanitarian have established an airbridge to Sri Lanka, transporting urgent relief aid to support those affected by the devastating…
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