Reuters – Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures. While there were no new developments in the fractious U.S.-Iran peace talks, ships are passing through…
The Central Bank of Sri Lanka (CBSL) has disclosed its intervention activities within the domestic foreign exchange market for the month of June 2026. During this period, the CBSL purchased USD 96.3 million from the local foreign exchange market and sold USD 25.8 million. Consequently, the net amount of dollars purchased from the market during June totaled…
The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months…
The Central Bank of Sri Lanka (CBSL) has extended the tenure of Mr. P W D N R Rodrigo, the Administrator appointed to Nation Lanka Finance PLC (NLFP), under the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA). Mr. Rodrigo, who was first appointed through the Order published in Gazette Extraordinary No. 2443/57 dated…
Unmatched track record with cumulative bonus declarations surpassing Rs. 131.28 billion since 2006 Sri Lanka Insurance Life (SLICLL), reinforcing its position as the country’s strongest and most trusted life insurer, has once again set an industry benchmark by declaring an unprecedented Rs. 14.68 billion bonus to its policyholders for the year 2025, the highest annual…
A high-level delegation led by Ms. Yang Dongning, Vice President of the Export-Import Bank of China (China EXIM Bank) visited Sri Lanka on 2 July 2026 and held discussions with Dr. Anil Jayantha Fernando, Deputy Minister of Finance and Planning, along with the treasury officials. The meeting was conducted in a cordial and constructive atmosphere, reaffirming…
The Central Bank of Sri Lanka (CBSL) has announced that the vast majority of depositors at Nation Lanka Finance PLC (NLFP) will be fully compensated following the company’s license cancellation. According to the CBSL, the Sri Lanka Deposit Insurance Scheme (SLDIS) will provide compensation up to a maximum of Rs. 1,100,000 per depositor. This measure…
The Securities and Exchange Commission of Sri Lanka (SEC) has issued a formal warning to social media users regarding the unauthorized use of the Colombo Stock Exchange (CSE) brand. Under the directive, individuals are prohibited from using the CSE name or logo and cannot imply they are a “Stock Exchange”. Additionally, only Registered Investment Advisors…
Imran Furkan appointed Chairman; Gimhan Sawinda Rajapaksha Dissanayake joins Board as Independent Non-Executive Director Maharaja Foods PLC today announced a series of changes to its Board of Directors aimed at strengthening governance and accelerating the Group’s next phase of growth. The Board has appointed Mr. Imran Furkan as Chairman, bringing a more mature and seasoned…
As businesses navigate an increasingly complex operating environment shaped by workforce transformation, evolving stakeholder expectations, technological disruption and shifting market demands, strengthening performance requires more than new strategies. It requires new ways of thinking, leading, and collaborating. It was against this backdrop that UN Global Compact Network Sri Lanka convened CATALYZE 2026: Social, bringing together…
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