Expolanka Holdings PLC, a leading conglomerate, has officially changed its status and delisted from the Colombo Stock Exchange (CSE). The company’s ordinary voting shares were removed from the Official List of the CSE effective from today (12), following the necessary regulatory procedures. As per the announcement by the CSE, the delisting of Expolanka’s shares complies…
The National Single Window (NSW) transforms trade by allowing all documents to be submitted only once on a digital platform, slashing redundancy and boosting efficiency. For Sri Lanka, the NSW means lower trade costs, faster processing, better government revenue collection, and stronger alignment to global standards, unlocking new growth opportunities. Success stories from Singapore, South…
As the Sri Lanka Presidential Election approaches on 21st September 2024, TikTok is intensifying its efforts to combat misinformation and uphold election integrity on its platform. The platform’s latest initiatives demonstrate its unwavering commitment to maintaining a safe, authentic, and reliable information environment during this important period. Building on its robust global framework to combat…
Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to receive a licence from the Securities and Exchange Commission of Sri Lanka (SEC) to operate as a Corporate Finance Advisor [CFA]. The receipt of the CFA licence enables Commercial Bank to provide the advisory services listed under Section 188 of the SEC…
SriLankan Airlines bagged a Gold Award in the category of “Marketing-Carrier” at the Pacific Asia Travel Association (PATA) Gold Awards 2024, held in Bangkok on 28August 2024, reaffirming the global appeal of its marketing communication endeavours. The campaign, “Colours of Jaffna,” is the first marketing campaign by any Sri Lankan entity to exclusively spotlight the island’s vibrant north….
Ceylinco Life has announced it will break new ground by investing Rs 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in an emphatic demonstration of the company’s commitment to sustainability. Issued by DFCC Bank and opening for subscription on Thursday 12th September, the Green Bond is expected to raise up…
The Embassy of Sri Lanka in the Netherlands, with the support of the Sri Lanka Tourism Board (SLTPB), participated in the “Embassy Festival 2024” held in The Hague on 07 September 2024. The Embassy organized two stalls showcasing Sri Lankan tourism, culture, cuisine, tea and handicrafts to the Dutch and other international visitors. The “Embassy Festival”…
Western Automobile Assembly Private Limited (WAA) proudly announces the opening of its state of the art SKD assembly plant in Kuliyapitiya. This state-of-the-art facility marks a significant advancement in local vehicle assembly, driving economic development in Sri Lanka while equipping the nation’s youth with the skills and knowledge essential for sustainable growth and long-term prosperity….
Port City Colombo announced that the two gazetted regulations, Offshore Banking and Offshore Banking — Prudent Management and Confidence, were officially passed by the Parliament of Sri Lanka on 4th September 2024. This milestone represents Port City Colombo’s ambitious aim to position itself as a formidable regional financial centre, which would attract an increased inflow…
Fitch Ratings: The US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes, Fitch Ratings says in its latest Global Economic Outlook report. Services inflation in the US is still too high to be consistent with inflation returning to target on a sustained…
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