In the lead-up to the landmark launch of City of Dreams Sri Lanka – South Asia’s first integrated resort – the appearance of Mr. Shah Rukh Khan was a key highlight of the celebrations. Unfortunately, due to unforeseen personal reasons beyond his control, Mr. Khan is no longer able to attend. “The launch event will…
LTL Holdings Limited has decided to withdraw its Initial Public Offering (IPO) application to the Colombo Stock Exchange (CSE), citing delays in opening the subscription list. In a letter to the CSE dated July 16, the company announced that its Board of Directors had resolved on June 26 to cancel the IPO, which aimed to…
The Seventh Meeting of the International Solar Alliance (ISA) Regional Committee for Asia and the Pacific opened today in Colombo, affirming ISA’s role as a powerful convener for clean energy cooperation and spotlighting Sri Lanka’s leadership in the solar transition. The high-level opening was led by the Hon’ble Prime Minister, Dr Harini Amarasuriya, who delivered…
The Colombo Stock Exchange (CSE), in collaboration with Rotary District 3220 Sri Lanka & Maldives, hosted a special Market Opening Ceremony to mark the launch of the “Rotary SME Development Strategy 2025/26,” a programme aimed at enhancing the growth, visibility, and capital access of high-potential SMEs across Sri Lanka. Held at the CSE Trading Floor,…
TWC Development Management (Pvt) Ltd, the real estate advisory arm of TWC Holdings, served as the lead technical and strategic adviser to global private equity leader Blackstone in its acquisition of Indocean Developers Pvt Ltd (IDPL), the developer behind the Altair Colombo apartment and retail complex. The acquisition of IDPL was part of a larger…
Mr. Durairatnam possesses extensive experience in banking, having been with the Commercial Bank of Ceylon PLC for 36 years. He served as a Director of Commercial Bank of Ceylon PLC from April 2012 to July 2014 and as the Managing Director/CEO from July 2014 until his retirement in July 2018. He has held several other…
A representative team of TikTok platform in Sri Lanka visited the secretary to the Prime Minister yesterday (16) at the Prime Minister’s office focusing on common issues in the possible areas of using digital platforms, and how TikTok as a digital platform can be used to implement in creating opportunities in economic platforms and digital…
The second day of the Seventh meeting of the International Solar Allience (ISA) Regional committee for Asia and the Pacific Region was held today focusing on advancing Regional cooperation for a Solar-powered future on 16 at Hotel ICT Rathnadeepa, Colombo with the participation of Prime Minister Dr. Harini Amarasuriya. This year’s session was held under…
A discussion on the preliminary budget framework and development direction related to the submission of proposals for the 2026 Budget was held yesterday afternoon (16) at the Presidential Secretariat between President Anura Kumara Disanayake and officials of the Ministry of Finance. Accordingly, the President inquired from the Ministry of Finance officials about the current progress…
The Ceylon Chamber of Coconut Industry (CCCI) has issued an urgent appeal to the Government of Sri Lanka in response to the United States’ decision to impose a 30% import tariff on coconut-based products from Sri Lanka, effective August 1, 2025. The move threatens to upend one of the country’s most valuable export sectors, which…
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