Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, was recognised with the prestigious “A Grade” award by Global Finance Magazine at the 2025 World’s Best Bank Awards Ceremony, held on the sidelines of the World Bank Group/International Monetary Fund (IMF) Annual Meetings in Washington, D.C., from October 13–18, 2025. The accolade…
Sri Lanka’s capital markets have the potential to play a transformative role in financing growth and attracting long-term investment. On Day One of the Sri Lanka Economic & Investment Summit 2025, organised by The Ceylon Chamber of Commerce, the sector deep dive “Capital Markets: Catalyst for Growth” will examine how equity and debt markets can…
Sri Lanka made a strong presence at the TTG Travel Experience 2025, Italy’s leading international travel and tourism fair, held from 8 to 10 October 2025 at the Rimini Expo Centre. The Sri Lanka Tourism Promotion Bureau (SLTPB), in collaboration with the Consulate General of Sri Lanka in Milan, organized the country’s participation, marking another…
The Sri Lanka Tourism Development Authority (SLTDA) organized a progress review meeting on provincial tourism development and coordination on 17 October 2025 at the Galle Face Hotel, Colombo. The meeting was attended by Hon. Ruwan Ranasinghe, Deputy Minister of Tourism. Mr. Dheera Hettiarachchi , Chairman , Sri Lanka Convention Bureau(SLCB) & Sri Lanka Institute of…
99x, a leading technology company headquartered in Norway with operations in Sri Lanka, Malaysia, Portugal, and Brazil, reaffirmed its commitment to developing global tech talent. The company continues to focus on people development through mentorship, international projects, and exposure to global best practices. A recent visit to its Malaysian office showcased this approach to talent,…
Reuters – India’s RBL Bank sees an opportunity to start a wealth management business after Emirates NBD buys a 60% stake for $3 billion, Chief Executive R Subramaniakumar said on Sunday. The Middle Eastern bank will invest 268.53 billion rupees ($3.05 billion) in the private lender through a preferential issue of shares in the deal announced on Saturday,…
The International Chamber of Shipping (ICS) has expressed disappointment over the failure of International Maritime Organization (IMO) member states to reach an agreement on the proposed Net-Zero Framework for the shipping industry, following the conclusion of the IMO’s Extraordinary Session of the Marine Environment Protection Committee (MEPC) in London. The proposed framework aimed to establish…
Reuters – Chinese car maker BYD will make its largest recall yet of more than 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022 due to design defects and battery-related safety risks, China’s market regulator said on Friday. BYD has filed a plan with the State Administration for Market Regulation to recall…
The Government of Sri Lanka had discussions with the Asian Development Bank to mobilize a loan amounting to USD 100 million coupled with an externally financed grant amounting to USD 6.9 million from the Pandemic Prevention, Preparedness and Response Trust Fund (Pandemic Fund) for the Implementation of the Strengthening Integrated Health Care and Governance for…
In a significant transaction on the Colombo Stock Exchange (CSE), prominent Sri Lankan businessman and billionaire Dhammika Perera has completed the acquisition of a 40% stake in Harischandra Mills PLC, a well-established company known for its consumer goods and milling operations. Market sources confirmed the deal’s closure this morning, with Perera purchasing 778,946 shares from…
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