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Sri Lanka’s CSE to close early on May 6 election day

The Colombo Stock Exchange (CSE) will close early at 12:30 PM on Tuesday, May 6, 2025, to accommodate the Local Authorities Elections scheduled across Sri Lanka, as announced by the CSE. The early closure is intended to enable market participants, including investors and staff, to participate in the voting process. The CSE typically operates from…

(0)Comments | May 2, 2025 12:02 pm

Financing the Future: Sri Lanka Embraces Sustainable Finance Through GSS+ Products

By Securities and Exchange Commission of Sri Lanka The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the technical expertise sourced from the Asian Development Bank (ADB) has facilitated the Regulatory Framework for issuing and trading a suite of Environment, Social and Governance (ESG) related Bond products at the Colombo Stock Exchange (CSE)….

(0)Comments | May 2, 2025 11:40 am

Sri Lankan ICT companies Successfully Completes Participation at Japan IT Week 2025

The Sri Lanka Export Development Board (EDB), in collaboration with the Japan International Cooperation Agency (JICA) & Sri Lanka Embassy in Japan, proudly announces the successful completion of Sri Lanka’s participation at Japan IT Week Spring 2025, held from April 23–25 at Tokyo Big Sight, Japan. Under the vibrant “Sri Lanka Pavilion,” ten leading Sri…

(0)Comments | May 2, 2025 10:50 am

Sri Lanka and Bangladesh Explore the Possibility of Further Enhancing Cooperation in the Field of ICT

Sri Lanka High Commissioner to Bangladesh Dharmapala Weerakkody, accompanied by Minister Counsellor / Commerce Srimali Jayarathne, held a productive meeting with the Chairman of the Associate Committee and the committee members of Bangladesh Association of Software and Information Services (BASIS), Rafel Kabir, on 27 April 2025 at the BASIS office in Dhaka. The meeting focused…

(0)Comments | May 2, 2025 10:47 am

Construction sector gains momentum in March 2025

Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, recorded a value of 54.3 in March 2025. Most of the survey respondents reported a continued expansion in construction work during the month, mainly attributed to the conducive environment with stable prices and favourable weather conditions. The New…

(0)Comments | May 2, 2025 8:42 am

Union Bank Posts LKR 285 Mn Profit Before Taxes for Q1 2025

Union Bank of Colombo PLC announced its financial results for the first quarter ended March 31, 2025, highlighting strong loan growth and balance sheet expansion. Demonstrating strategic focus and resilience, Union Bank recorded a 14% year-on-year increase in net loans, underscoring the Bank’s momentum in lending and its commitment to supporting retail, SME, and corporate…

(0)Comments | April 30, 2025 5:20 pm

EDB collaborates with Asian Development Bank to develop National Export Development Plan

A team of officials from the Asian Development Bank (ADB) visited the Sri Lanka Export Development Board (EDB) on 25th April, 2025 to initiate discussions on the formulation of the National Export Development Plan (NEDP) for 2025–2029, a key initiative announced in the 2025 Budget under the “A Thriving Nation – A Beautiful Life” policy…

(0)Comments | April 30, 2025 4:49 pm

Colombo Stock Exchange closes lower amid widespread sell-off

Today (30) the Colombo Stock Exchange (CSE) ended the trading session in the red, driven by broad-based profit-taking across major sectors that dampened investor confidence. The All Share Price Index (ASPI) dropped 67.40 points, or 0.42%, to settle at 15,799.94. The S&P SL20 Index, comprising the top 20 most liquid and largest stocks, also declined,…

(0)Comments | April 30, 2025 4:47 pm

Positively considering the GSP+ review – Charles Whiteley, Head of South Asia Division of the EU

The Head of South Asia Division, European External Action Service of the European Union Mr. Charles Whiteley stated that the European Union has a favorable perspective on the current GSP+ review process. He made these remarks during a meeting held today (30) at the Presidential Secretariat with President Anura Kumara Dissanayake, as part of an…

(0)Comments | April 30, 2025 4:45 pm

Colombo’s inflation climbs in April

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0% in April 2025, compared to -2.6% in March 2025, according to the latest data released by the Department of Census and Statistics. The CCPI for all items for the month of April 2025 was…

(0)Comments | April 30, 2025 4:13 pm

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