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Zimbabwe win first Test against Bangladesh by three wickets

Sri Lanka, April 23 -- Zimbabwe won the first of two Tests against the hosts Bangladesh by three wickets Wednesday, with pacer Blessing Muzarabani taking nine wickets in the game to secure a decisive ... Read More


Sri Lanka name strong squad for India, South Africa tri-nation series

Sri Lanka, April 23 -- The hosts are coming into the series on the back of a 2-0 ODI series loss in New Zealand. Sri Lanka have announced a 17-member squad for their upcoming tri-nation series against... Read More


UB Finance retains 'BB(lka)' rating with negative outlook from Fitch Ratings

Sri Lanka, April 23 -- Fitch Ratings Lanka Limited has affirmed UB Finance PLC's National Long-Term Rating at "BB(lka)" with negativw outlook, according to a filing submitted to the Colombo Stock Exch... Read More


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