The Sri Lanka Export Development Board (EDB) recently held a strategic meeting with 15 newly appointed diplomatic representatives, aimed at strengthening the country’s export capabilities and enhancing market penetration across diverse international regions. The initiative, led by EDB Chairman and Chief Executive Mr. Mangala Wijesinghe, brought together officials preparing for assignments in Asia, Europe, Africa,…
Sri Lanka has reached agreement on terms with more than 98% of its external creditors and fully implemented over 90% of its public external debt restructuring as of July 2025, according to the Ministry of Finance, Planning and Economic Development. The restructuring covers both bilateral and commercial debt, with notable progress including concluded agreements with…
The Securities and Exchange Commission of Sri Lanka (SEC), in collaboration with the Colombo Stock Exchange (CSE), the Ministry of Trade, Commerce, Food Security and Co-operative Development, and the Registrar of Companies (RoC), successfully conducted an Issuer Forum titled “Innovative businesses to propel economic growth” recently at The Forum, Cinnamon Life at City of Dreams….
Reuters – Most Asian stocks rose on Tuesday, buoyed by an extension of a tariff truce between the world’s two largest economies, while Japanese shares hit an all-time peak, powered by tech shares after returning from a long weekend break. U.S. President Donald Trump extended a tariff truce with China by another 90 days on Monday, staving…
Using any kind of power bank is prohibited onboard Emirates’ flights, effective from 1 October 2025. A power bank is a portable, rechargeable device primarily designed to provide power to other electronic devices such smart phones, tablets, laptops and cameras. Emirates customers are still permitted to carry one power bank onboard with specific conditions listed…
Ceylon Cold Stores, in collaboration with Reliance Consumer Products Limited (RCPL), proudly introduces the iconic Campa Beverages brand in Sri Lanka. The partnership marks a new phase in the relationship between the two organisations and builds on their previous collaboration, which successfully launched Elephant House Beverages into the Indian market through the Reliance Group in…
1H 2025 Revenue: Rs87.4Bn, up 6% YTD; Core Revenue up 21% YTD 1H 2025 EBITDA: Rs40.5Bn, up 50% YTD; EBITDA margin at 46.3% up 13.5pp YTD 1H 2025 NPAT: Rs9.2Bn up over 100% YTD 1H 2025 Taxes Paid to GoSL: Rs28.4Bn (Rs7.2Bn in Direct, Rs21.2Bn Indirect) 1H 2025 Capex: Rs13.3Bn; OFCF: Rs19.9Bn Dialog Axiata PLC…
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, are conducting an ‘Invest Sri Lanka’ Investor Forum in Singapore on 12th August 2025. Building on the momentum of the successful foreign investor forum held in Colombo during March this year, the initiative…
Ishara Nanayakkara has emerged as Sri Lanka’s wealthiest individual in 2025, surpassing long-time business magnate Dhammika Perera. According to Gulf News, Nanayakkara’s net worth is estimated at around USD 1.6 billion, placing him at the top of the country’s rich list. As Chairman of LOLC Holdings, a diversified financial services and investment conglomerate with operations…
Group Core Business Profit After Tax of LKR 7 Bn Group Total Capital Adequacy Ratio of 009% Group Total Assets up by 11% to LKR 788 Bn Bank Profit After Tax of LKR 10.5 Bn including disposal gain from Acuity Partners (Pvt) Ltd DFCC Bank sustained its growth momentum in the first half of 2025,…
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