President Anura Kumara Dissanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance. The letter of appointment was handed over to Dr. Harshana Suriyapperuma by the Secretary to the President Dr. Nandika Sanath Kumanayake this morning (23) at the Presidential Secretariat. Dr. Suriyapperuma has been involved in capital market regulation…
Deputy Minister of Foreign Affairs and Foreign Employment Arun Hemachandra participated at the 9th China-South Asia Exposition and the 6th China-South Asia Cooperation Forum (CSACF), held from 18 to 21 June 2025 in Kunming, Yunnan Province, China. This year’s Exposition held particular significance for Sri Lanka as it was featured as the Theme Country of the…
Reuters – Major share indexes slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against U.S. attacks on its nuclear sites, with resulting risks to global activity and inflation. Most of the market moves were restrained, with the dollar getting a modest safe-haven bid and no…
Sri Lankan Food & Beverages Exporters took part in THAIFEX Anuga Asia 2025, the leading food and beverage trade show in Asia, which successfully held from 27th to 31st May 2025 in Bangkok, Thailand. The Sri Lanka Export Development Board (EDB) in collaboration with the Embassy and Permanent Mission of Sri Lanka in the Kingdom…
The Board of Investment (BOI) of Sri Lanka announced an increased inflow of Foreign Direct Investment (FDI) to the country in comparison to the previous year, consolidating the stable and investor-friendly economic environment. The BOI highlighted that the renewed confidence of international investors has resulted in the receipt of new investment proposals given the government’s…
Minister of Industry and Entrepreneurship Development, Hon. Sunil Handunnetti, recently inaugurated Tokyo Cement Group’s cutting-edge cement manufacturing plant in Trincomalee. The fully-automated, high-tech cement grinding facility adds 1 million Metric Tons to Tokyo Cement’s total production capacity, increasing it to 4 million Metric Tons per annum, the largest in the country. The event was also…
The World Bank Group today approved a new $150 million program to support Sri Lanka’s move toward clean, reliable, and affordable energy. The program—Secure, Affordable, and Sustainable Energy for Sri Lanka—will support the country reduce its reliance on expensive fossil fuel imports and accelerate its shift toward solar and wind. “This program will help deliver…
The Central Bank of Sri Lanka (CBSL) has recently observed advertisements published in the print and social media that promote overseas investments in immoveable properties (overseas property investments) among Sri Lankan resident individuals. Such advertisements also offer guidance on obtaining foreign financing for such investments. CBSL wishes to draw the attention of the public to the following, in…
The Colombo Stock Exchange (CSE) has announced a key change to the S&P Sri Lanka 20 (S&P SL20) Index, with Central Finance Company PLC (CFIN) set to replace Distilleries Company of Sri Lanka PLC (DIST) following the 2025 mid-year rebalancing by S&P Dow Jones Indices. The revision will take effect from the start of trading…
Focusing on new direction vital to attract investment – President The Board of Investment (BOI) of Sri Lanka has successfully increased Foreign Direct Investment (FDI) by US$96 million in the first quarter of 2025, compared with the same period in 2024. This was disclosed today (20) during a progress review meeting of the Board of…
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