Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment…
The exchange rate pressure exerted on the Sri Lankan Rupee throughout June 2026 is showing signs of gradual easing. Consequently, a steady decline in the value of the US Dollar has been observed from June 24 until today, July 6. For the first time since June 23, the selling rate of the dollar fell below…
Seylan Bank PLC recently announced a major advancement in Sri Lanka’s digital payments landscape through the integration of all Seylan Credit and Debit Cards with Google Pay, enabling customers to make seamless, secure, and contactless transactions directly from their Android devices. This latest development positions Seylan Bank at the forefront of Sri Lankan financial innovation,…
On track for energisation, adding 50MW of renewable capacity to the national grid. HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has announced that all ten wind turbines for its 50MW Mannar Wind Farm Project have now arrived in Sri Lanka, marking a key milestone as the project advances into its peak…
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…
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