by Securities and Exchange Commission of Sri Lanka Understanding Where Your Money Goes And How Businesses Grow Picture this: You have some extra money sitting in your drawer, while across town, an established manufacturing company with a solid track record desperately needs funds to expand their operations and hire more workers. How do these two…
The Planters’ Association of Ceylon (PA) has expressed grave concern over the United States’ decision to impose a 30% tariff on Sri Lankan tea and rubber exports, set to take effect from August 1st. The Association warns that this move could devastate two of Sri Lanka’s most historic and employment-intensive sectors, tea and rubber undermining…
Reuters – The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods – half the threatened rate – and averting a bigger trade war between the two allies that account for almost a third of global trade. U.S. President Donald Trump and European Commission President Ursula von…
Sri Lanka’s apparel exports recorded a 5.2% increase in June 2025 compared to the same month last year, driven by robust gains in the European Union and United Kingdom markets, according to the Joint Apparel Association Forum (JAAF). Exports to the EU surged by 23.1% in June, while shipments to the UK rose by 20.4%,…
In a landmark moment for Sri Lanka’s tourism and hospitality industry, NÜWA, the internationally acclaimed luxury hotel brand by Melco Resorts & Entertainment, officially opens its doors at the prestigious City of Dreams Sri Lanka. This grand launch is the result of a powerful partnership between Melco, a renowned developer, owner and operator of integrated…
The ‘Hotel Show Colombo – 2025’ was officially inaugurated this morning (25) by President Anura Kumara Dissanayake at the Sirimavo Bandaranaike Memorial Exhibition Centre (BMICH), Colombo. This exhibition, which is jointly organized annually by the Sri Lanka Hospitality Graduates Association (SLHGA) in collaboration with the public and private sectors, is being held for the 17th…
Signing of Implementation Letter on Debt Restructuring between the Government of the French Republic and the Government of the Democratic Socialist Republic of Sri Lanka in relation to External Debt Restructuring Process In line with the Memorandum of Understanding (MoU) signed with the OCC on 26 June 2024 for external debt restructuring of the country,…
An International Monetary Fund (IMF) mission team led by Mr. Evan Papageorgiou, IMF Mission Chief for Sri Lanka, visited Colombo during July 21-25, 2025, to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the authorities’ economic reform program supported by the IMF’s Extended Fund Facility (EFF) arrangement. At the end…
The International Monetary Fund (IMF) has acknowledged Sri Lanka’s continued economic progress as the country prepares for its fifth review under the IMF-supported Extended Fund Facility (EFF) arrangement. Speaking at a press briefing held yesterday (24), IMF Communications Director Julie Kozack provided an update on the status of Sri Lanka’s economic program and upcoming evaluations….
Sampath Bank PLC marked a significant milestone in its exclusive banking journey with the unveiling of Private Banking units at six key branch locations: Kandy, Kurunegala, Narahenpita, Negombo, Panadura and Wellawatte on 25th July 2025. This strategic expansion reflects the Bank’s continued focus on delivering exclusive financial solutions and strengthening its proposition for discerning clients…
Video Story
