Ambassador of Sri Lanka to the Kingdom of Saudi Arabia Ameer Ajwad met with the President of the Federation of Saudi Chambers (FSC) Hassan Moejeb Al-Huwaizy along with the newly nominated members of the FSC for the Saudi – Sri Lanka Business Council with a view to initiating the process of establishing the Saudi Arabia…
Global investment flows are shifting, and emerging markets are under pressure to prove their competitiveness. For Sri Lanka, securing stronger investor confidence and translating reforms into tangible opportunities will be decisive in the years ahead. On Day Two (December 3rd) of the Sri Lanka Economic & Investment Summit 2025, the session “Where Sri Lanka Stands…
The Central Bank of Sri Lanka (CBSL) issued a Rs. 2000 circulated commemorative currency note on 29 August 2025 to mark its 75th Anniversary. In order to facilitate the smooth acceptance and dispensation of the new note, Licensed Commercial Banks are in the process of calibrating their cash-handling machines. In keeping with the pace of…
The barometer of biz confidence finds a footing but the outlook remains guarded From upbeat growth forecasts and IMF bouquets, to strengthening reserves and a substantial US tariff reduction, the past month has been positive for economic developments here at home. The economy is seemingly on course for a rebound with some forecasts suggesting that…
The Ministry of Digital Economy is proud to announce Sri Lanka TechFront Fortnight, a flagship series of events running from 17th to 30th September 2025, as part of the Government’s Digital Economy Month initiative. This national campaign is designed to accelerate Sri Lanka’s journey towards a digitally empowered, knowledge-based economy, while positioning the country as…
CNA – Asian markets were mixed on Monday (Sep 15) as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate…
Reuters – Sri Lanka’s central bank has room to cut interest rates further but is treading carefully to preserve a buffer against potential external shocks, Governor P. Nandalal Weerasinghe told Reuters on Friday, ahead of its policy meeting on September 23. The Central Bank of Sri Lanka surprised markets in May by trimming its overnight…
Alliance Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, celebrated a landmark moment with the issuance of its Social Bond on the Colombo Stock Exchange (CSE). The market opening ceremony, held on 08th September 2025 at the CSE Trading Floor, highlighted AFC’s continued commitment to sustainable and socially impactful finance. The listed,…
The Central Bank of Sri Lanka (CBSL) has released key findings of the Systemic Risk Survey (SRS) conducted for the second half of 2025. This release summarises financial market participants’ overall confidence in the financial system, the sources of perceived risks and the likelihood of such risks. The results of the publication are based on…
Fitch Ratings: Fitch Ratings has assigned DFCC Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed blue bonds of up to LKR3 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The bonds, which would be the first listed blue bond issuance in Sri Lanka, will mature in three, four or five years. The proceeds…
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