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…
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)….
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…
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…
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…
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…
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…
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,…
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…
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…
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