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Auction yields settle below 14.0%

Srilanka, Sept. 13 -- CBSL held its Rs. 290.0bn T-Bond auction yesterday where weighted average yield rates were accepted below the 14.0% mark. Moreover, 15.02.28 tenor was accepted at a weighted av... Read More


Indices close on a mixed note

Srilanka, Sept. 13 -- The ASPI edged down as a result of price losses in counters such as Ceylinco Insurance, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 1.1 bn. Mea... Read More


Parliament approves offshore banking rules for Port City Colombo

Srilanka, Sept. 13 -- Port City Colombo announced this week that the parliament passed two key regulations on offshore banking on September 4, 2024, marking a major step in the city's bid to become a ... Read More


ComBank first bank in SL to receive CFA license from SEC

Srilanka, Sept. 13 -- Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to receive license from the Securities and Exchange Commission of Sri Lanka (SEC) to operate as a Corporate Fin... Read More


People's Bank denies improper conduct in IT system upgrade

Srilanka, Sept. 13 -- People's Bank yesterday denied allegations of improper conduct related to its IT system upgrade. "These allegations are completely unfounded, and the bank categorically denies a... Read More


Expolanka off CSE's official list

Srilanka, Sept. 13 -- Expolanka Holdings PLC's ordinary voting shares were delisted from the official list of the Colombo Stock Exchange (CSE) effective September 12, 2024. Following the delisting, t... Read More


DFCC green bond issue oversubscribed on opening day

Srilanka, Sept. 13 -- The Initial Public Offering (IPO) of the green bonds by DFCC Bank was oversubscribed on the opening day (12). In a filing to the Colombo Stock Exchange (CSE), the bank shared tha... Read More


SL's distillery sector welcomes new entrant

Srilanka, Sept. 13 -- Sri Lanka's distillery sector is set to witness a notable expansion in local production as the Board of Investment (BOI) recently announced a new US$ 2.5 million investment ventu... Read More


Next President must have clear and robust policies that enable exporters to thrive: NCE

Srilanka, Sept. 13 -- Sri Lanka's export fraternity yesterday asserted that the next President must have clear and robust policies that enable exporters to thrive, ensuring they have access to the res... Read More


Listed entities report strong earnings in 2Q

Srilanka, Sept. 13 -- Corporate earnings of Sri Lanka's public quoted companies more than doubled indicating a strong performance in the second quarter of 2024/2025 FY facilitated by a notable growth ... Read More