Srilanka, May 7 -- First World Bank President to visit SL in 20 years World Bank (WB) Group President Ajay Banga touches down in Colombo today, marking the first visit by a WB chief in nearly two deca... Read More
Srilanka, May 7 -- Sri Lanka's national tea sales average fell in April 2025, with the monthly average recorded at Rs. 1,166.75 (US$ 3.91), down by Rs. 17.01 (US$ 0.11) compared to Rs. 1,183.76 (US$ 4... Read More
Sri Lanka, May 7 -- Hayleys PLC saw its Rs. 7 billion senior unsecured redeemable debenture issue oversubscribe on the first day of opening. Originally launched with a base issue of Rs. 5 billion, th... Read More
Sri Lanka, May 7 -- Browns Investments PLC (BIL), the investment arm of Sri Lanka's LOLC Group has acquired FLMC Plantations (Pvt) Ltd in a Rs. 4.8 billion deal. The acquisition was finalised on 5 Ma... Read More
Sri Lanka, May 7 -- Bank of Ceylon will raise Rs. 15 billion via five-year BASEL III compliant, Tier 2 listed, rated, unsecured, subordinated debentures with non-viability write down features. In a f... Read More
Sri Lanka, May 7 -- The ASPI closed in green as a result of price gains in counters such as Melstacorp, Windforce and Aitken Spence with the turnover crossing Rs. 1.4 bn. A similar behaviour was wit... Read More
Srilanka, May 7 -- Hayleys Solar has partnered with global renewable energy leader BYD to introduce state-of-the-art energy storage and inverter solutions to the Sri Lankan market, marking a significa... Read More
Srilanka, May 7 -- NDB Wealth marked a defining moment in its journey with Annual Sales Excellence Awards 2024, held to celebrate a year of record-breaking achievements and the people who made it poss... Read More
Sri Lanka, May 7 -- Fitch Ratings has published the expected National Long-Term Rating of 'BBB+(EXP)(lka)' on Merchant Bank of Sri Lanka & Finance PLC's (MBSL, A(lka)/Stable) proposed subordinated deb... Read More
Srilanka, May 7 -- Recently, Hemas International Business showcased its reputed range of herbal and ayurvedic products to an international audience at Saudi Arabia's leading exhibition. It was held a... Read More