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Technology leader Shanil Fernando appointed to the board of NDB

Sri Lanka, Jan. 20 -- January 20, 2025 (LBO) - One of Sri Lanka's most significant technology leaders, Shanil Fernando, has been appointed as an Independent Non-Executive Director of Sri Lanka's Natio... Read More


TikTok releases Q3 2025 community guidelines enforcement report

Sri Lanka, Jan. 20 -- TikTok has released its Q3 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which cover... Read More


IMF Staff to Visit Sri Lanka to Assess Impact of Cyclone Ditwah

Sri Lanka, Jan. 16 -- Statement by Mr. Evan Papageorgiou, International Monetary Fund (IMF) Mission Chief for Sri Lanka: "An IMF staff team will visit Sri Lanka from January 22 to January 28, 2026, t... Read More


Alert To The General Public - Blue Ocean Securities (BOSL)

Sri Lanka, Jan. 15 -- The Securities and Exchange Commission of Sri Lanka (SEC) alerts the public not to engage with the entity operating as Blue Ocean Securities Ltd. or its mobile application BOMate... Read More


FAO Appeals for USD 16.5 Mn to Restore Livelihoods after Cyclone Ditwah Devastates SL's Agrifood Sector

Sri Lanka, Jan. 15 -- The Food and Agriculture Organization of the United Nations (FAO) Headquarters in Rome issued an appeal calling for international assistance of USD 16.5 million to support the ea... Read More


Industry Bodies Flag Gaps in Draft National Electricity Policy

Sri Lanka, Jan. 15 -- The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Assoc... Read More


Port City Colombo Secures USD 300 Mn FDI Commitment For Phase II Development

Sri Lanka, Jan. 14 -- CHEC Port City Colombo (Pvt) Ltd., the primary developer of Port City Colombo, has pledged approximately US$300 million in foreign direct investment to advance Phase II of the Po... Read More


Good Intentions, Bad Economics: The Risks of Intervening in SME Lending Decisions

Sri Lanka, Jan. 12 -- In the past weeks, newspaper headlines have brought to the forefront a growing narrative that banks are prospering while SMEs are struggling. This outcome has largely been attrib... Read More


Hambantota International Port Records 175-pct Cargo Growth in 2025

Sri Lanka, Jan. 11 -- Hambantota International Port (HIP) closed 2025 with a landmark performance, recording a 175% year-on-year increase in total cargo volumes despite what has been widely recognised... Read More


Wealthtrust Securities (WLTH) explodes higher in stock market debut

Sri Lanka, Jan. 8 -- January 8, 2026 (LBO) - Wealthtrust Securities (WLTH), a leading primary dealer of government securities in Sri Lanka, has spiked 167% from its IPO price in its stock market debut... Read More