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Serendib Frontier Capital Raises Rs. 475 Mn in Tier II Subordinated Debt for MBSL

Sri Lanka, March 4 -- Serendib Frontier Capital has successfully structured and placed Rs. 475 million in Tier II qualifying subordinated debt for Merchant Bank of Sri Lanka & Finance PLC (MBSL), prov... Read More


TRI-ZEN by John Keells Properties Celebrates Completion as Largest Residential Development in Heart of Colombo

Sri Lanka, March 1 -- John Keells Properties and Indra Traders hosted an event on the 28th of February 2025 to mark the successful completion of TRI-ZEN, the largest residential development in the hea... Read More


ComBank posts stellar results in 2024 after absorbing a SLISB restructure loss of Rs 45 bn

Sri Lanka, March 1 -- Net reversal of Rs 62 Bn. in impairment provisions compensates for loss from sovereign bonds restructuring Further accelerates lending with loan book growth of Rs 230 Bn., with ... Read More


IMF Executive Board Completes the Third Review Under the Extended Fund Facility

Sri Lanka, March 1 -- The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about... Read More


Alliance Finance Company Launches Green Bond on the Colombo Stock Exchange

Sri Lanka, Feb. 28 -- Alliance Finance Company PLC (AFC), Sri Lanka's oldest operating non-banking financial institution, marked a significant milestone with the issuance of its Green Bond on the Colo... Read More


CA Sri Lanka's 2025 Curriculum Redefines the Chartered Accountant's Role for Tomorrow's Challenges

Sri Lanka, Feb. 28 -- The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched its transformative 2025 curriculum on 27th February 2025, marking a significant shift in the role of C... Read More


Public Advisory on the Misuse of the Term 'Finance'

Sri Lanka, Feb. 27 -- Sri Lanka's Central Bank has issued a warning regarding the unauthorized use of the terms 'finance,' 'financing,' and 'financial' in business names and descriptions. According to... Read More


Japan to Invest in Sri Lanka's Digital Transformation and Port Development

Sri Lanka, Feb. 27 -- President Anura Kumara Disanayake met with Ambassador of Japan to Sri Lanka, H. E. Mr. Akio ISOMATA, this morning (27) at the President's Office. During the meeting, the Ambassa... Read More


Opinion: Will NPP's maiden budget discourage private investment and FDI?

Sri Lanka, Feb. 26 -- By Indika Hettiarachchi Sri Lanka is a capital staved nation urgently in need to boost private investment to catalyze economic development. In such background it is rather an un... Read More


Opinion: 2025 Budget; A Catalyst for Capital Market Development & Enhanced Corporate Governance

Sri Lanka, Feb. 26 -- By Uddeepa Peiris Sri Lanka's 2025 budget, introduced by President Anura Kumara Dissanayake, aims to revitalize the nation's economy post-crisis. This article examines how the b... Read More