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Sysco LABS Dialogues Demonstrates the Power of Public–Private Collaboration to Position Sri Lanka as a Global ICT Hub

The strategic panel discussion brought together leading voices from academia, policy, and industry to showcase collaborative pathways for national digital economy growth Sysco LABS Sri Lanka successfully hosted the inaugural ‘Sysco LABS Dialogues – Academia, Policy & Industry in Information and Communications Technology’ recently, highlighting how committed public–private partnerships serve as an essential catalyst for…

(0)Comments | October 8, 2025 12:22 pm

CSE and SEC Host Exclusive Forum to Deepen Institutional Engagement in Sri Lanka’s Capital Market

The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the Colombo Stock Exchange (CSE) successfully convened an exclusive forum for institutional fund managers themed “Be a Part of the Capital Market’s Growth Story – One Vision for A Resilient Market” recently. The forum, directed towards the nation’s foremost institutional fund managers, was…

(0)Comments | October 8, 2025 12:10 pm

Seylan Bank collaborates with the National Credit Guarantee Institution to empower MSMEs

The Government of Sri Lanka, working with the Asian Development Bank (ADB), has introduced a special programme for Micro, Small, and Medium Enterprises (MSMEs). This initiative allows MSMEs lacking adequate collateral to obtain loans through 13 selected banks and financial institutions, including Seylan Bank. Through the collaborative launch of the National Credit Guarantee Institution Ltd….

(0)Comments | October 8, 2025 11:55 am

Sri Lankan Spice Exporters Strengthen Presence in China through Outward Trade Mission

The Sri Lanka Export Development Board (EDB), together with the Sri Lanka Embassy in Beijing and the Consulate General in Guangzhou, successfully organized an outward trade delegation to China from 16th to 23rd September 2025, with the aim of promoting Ceylon Cinnamon and other value-added spices in the Chinese market. The delegation comprised 13 leading…

(0)Comments | October 8, 2025 11:34 am

Gold builds on historic rally, soars past $4,000 an ounce for first time

Reuters – Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the U.S. Federal Reserve. Spot gold was up 0.7% at $4,011.18 per ounce by 0300 GMT. U.S. gold futures for December delivery…

(0)Comments | October 8, 2025 10:31 am

AIIB Provides USD52 Million to Strengthen Sri Lanka’s Power Transmission and Support Renewable Energy Growth

The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “Infrastructure for Tomorrow,” with sustainability at its core. AIIB began operations in 2016, now has 110 approved members worldwide, is capitalized at USD100 billion and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest…

(0)Comments | October 8, 2025 10:20 am

Sri Lanka’s official reserve up by 1.1% in September 2025

Sri Lanka’s official reserve assets increased by 1.1% to USD 6.24 billion in September 2025, compared to USD 6.17 billion in August 2025, according to the Central Bank of Sri Lanka (CBSL).     However, this figure includes proceeds from the swap arrangement with the People’s Bank of China (PBOC), equivalent to around USD 1.4 billion,…

(0)Comments | October 8, 2025 9:15 am

AIIB President and Senior Management Meet President Dissanayake

The President of the Asian Infrastructure Investment Bank (AIIB), Mr. Jin Liqun, affirmed AIIB’s commitment to supporting Sri Lanka’s development, particularly in the promotion of the green energy sector. This statement was made during a meeting at the Presidential Secretariat yersterday morning (07), where AIIB Head Jin Liqun, accompanied by senior management, met with President…

(0)Comments | October 8, 2025 9:09 am

Sri Lanka’s Economic Recovery Remains Incomplete as Key Challenges Remain

Urgent Structural Reforms and Efficient Public Spending Key for Long-Term Growth Sri Lanka’s recent economic performance has been strong. Despite this, the recovery remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated. Strengthening the recovery will require continued macroeconomic stability, urgent structural reforms, and more efficient, better-targeted public spending, says the World…

(0)Comments | October 7, 2025 3:37 pm

M Power Capital Delivers Over LKR 53 Billion in Structured Finance Transactions Over Five Years

M Power Capital Securities Limited (MSEC), a licensed investment manager, corporate finance advisor and a leading player in Sri Lanka’s capital markets, has facilitated over LKR 53 billion in structured finance transactions over the past five years, reinforcing its position as a premier debt arranger in the country’s financial sector. Having commenced operations in 2014,…

(0)Comments | October 7, 2025 3:36 pm

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