Exclusive

Publication

Byline

1Q tea output expands 6.2% YoY on broad elevation gains

Sri Lanka, April 23 -- Sri Lanka's tea production rose 6.2 percent in the first quarter of 2025, supported by gains across key growing elevations, official data showed. Total output for the January-M... Read More


UAE, Sri Lanka move to boost trade ties with new Business Council

Sri Lanka, April 23 -- The Federation of UAE Chambers of Commerce and Industry and the National Chamber of Commerce of Sri Lanka signed a Memorandum of Understanding (MoU) to establish the UAE-Sri Lan... Read More


SL moves to regulate gambling sports with new draft legislation

Sri Lanka, April 23 -- Cabinet has granted approval this week to publish a draft bill aimed at establishing a new independent regulatory body for the gambling sports industry, signalling a major move ... Read More


Cabinet nod to undertake feasibility study for water-based tourism

Sri Lanka, April 23 -- In a bid to leverage water resources, the Cabinet of Ministers has green lit a proposal to explore the development of water-based tourism and passenger transport services throug... Read More


Fitch assigns Siyapatha Finance's proposed senior debt 'A(EXP)(lka)' rating

Sri Lanka, April 23 -- Fitch Ratings has assigned Siyapatha Finance PLC's (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to Rs. 5 billion an expected National ... Read More


Indices close in red

Sri Lanka, April 23 -- Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and Hayleys with the turnover crossing Rs. 991 mn. High net worth a... Read More


Mixed sentiment keeps market in neutral territory

Sri Lanka, April 23 -- The secondary market exhibited a mixed tone yesterday, culminating in a broadly neutral performance amid moderate trading volumes. At the short end of the yield curve, the 15.0... Read More


ComBank among Global Finance's Best Banks again

Sri Lanka, April 23 -- Adjudged Best Bank in Sri Lanka by Global Finance for 23rd year Commercial Bank of Ceylon has once again been recognised as the Best Bank in Sri Lanka by the US-based Global Fi... Read More


ITC Ratnadipa completes one year

Sri Lanka, April 23 -- ITC Ratnadipa marks its first anniversary in Sri Lanka on April 25, 2025, following its debut in Colombo last year. To celebrate this milestone, the hotel will offer the disce... Read More


Seylan Bank honoured at LankaPay Technnovation Awards 2025

Sri Lanka, April 23 -- Seylan Bank recently secured three prestigious awards, including the award for the Acquiring Bank for the Best Mobile Application for Retail Payments via JustPay, which was awar... Read More