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ComBank to boost WSME, Agri SME financing with IFC's USD 60 Mn Risk Sharing Facility

Sri Lanka, Jan. 27 -- Reinforcing its position as Sri Lanka's largest lender to small and medium enterprises (SMEs), the Commercial Bank of Ceylon has partnered with the International Finance Corporat... Read More


Rising climate risks and poverty in focus at CEPA policy panel today, Open University

Sri Lanka, Jan. 26 -- The Centre for Poverty Analysis (CEPA), in collaboration with the Centre for Environmental Studies and Sustainable Development of the Open University of Sri Lanka, will host a hi... Read More


Land Prices in Outskirts Soar as City Growth Stabilises - LPI 2025

Sri Lanka, Jan. 24 -- The Sri Lankan land market maintained solid growth in 2025, with Colombo suburbs and Western Province districts emerging as key drivers, according to the latest Land Price Index ... Read More


Port City Colombo Moves Into Active Development as Its First Residential Project Breaks Ground

Sri Lanka, Jan. 24 -- Sri Lanka's most ambitious urban development project reached a critical execution milestone, as construction officially commenced on the first residential development within Port... Read More


Sri Lanka Launches Landmark Digital Foundations for a Data-Driven Agriculture Sector

Sri Lanka, Jan. 22 -- Sri Lanka today took a major step towards transforming its agriculture sector with the official launch of the Agriculture Enterprise Architecture Framework, Agriculture Interoper... Read More


CBL Group acquires Indonesian coconut processor in USD 25m expansion push

Sri Lanka, Jan. 22 -- CBL Group, one of Sri Lanka's largest diversified food manufacturing conglomerates, announced the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large coconut pr... Read More


Sunshine Holdings to acquire 75-pct stake in Joint Agri Products Ceylon

Sri Lanka, Jan. 22 -- Sunshine Holdings PLC (SUN), one of Sri Lanka's diversified conglomerates, announced its intention to acquire a 75% stake in Joint Agri Products Ceylon (Private) Limited (JAPC), ... Read More


HIP Initiates Sri Lanka's First Fully Automated Paperless Port Gate Pass

Sri Lanka, Jan. 22 -- Hambantota International Port (HIP) has launched its Automated Gate Pass Management System (AGPMS), becoming the first port in Sri Lanka to introduce a fully automated, QR-code-b... Read More


Softlogic Life secures long-term growth capital from Norfund and OP Finnfund

Sri Lanka, Jan. 21 -- Sri Lanka's top notch insurer Softlogic Life Insurance PLC has secured a USD 15Mn landmark 5-year Tier 2 loan facility from Norfund and OP Finnfund Global Impact Fund I, that wil... Read More


Sri Lanka earns LKR 904bn from vehicle import taxes in 2025

Sri Lanka, Jan. 21 -- January 21 (LBO) - Sri Lanka has earned LKR 904 billion (approx. US$3bn) from vehicle import taxes in 2025. This figure is a massive upside surprise over the 441 billion rupees s... Read More