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JKH records strong Q4 2023/24 with recurring EBITDA growth of 20-pct to Rs.14Bn

Sri Lanka, May 21 -- * During the fourth quarter, the Group reported a strong performance across most businesses, with Consumer Foods, Transportation and Leisure, in particular, recording significant ... Read More


CSE Shortens Settlement Cycle for Equity Trades

Sri Lanka, May 21 -- The Colombo Stock Exchange (CSE), in consultation with the Securities and Exchange Commission of Sri Lanka (SEC) and industry participants, has announced that the settlement cycle... Read More


The Ceylon Chamber Calls on All Political Parties to Support Continuity of SOE Reforms

Sri Lanka, May 20 -- The Ceylon Chamber of Commerce calls on all political parties to support the continuity of SOE reforms and the reform momentum, building on the economic stability achieved. The Ch... Read More


Seylan Bank appoints Justice Buwaneka Aluwihare as Chairman

Sri Lanka, May 20 -- Seylan Bank PLC has announced the appointment of Justice Buwaneka Aluwihare, PC, who is set to assume the role of Chairman of the Board, effective from 29 May 2024. The transitio... Read More


VIDEO: Google I/O '24 in under 10 minutes

Sri Lanka, May 18 -- Watch the recap to catch up on the latest news, announcements, and AI updates from Google. YouTube An error occurred. Try watching this video on www.youtube.com, or enable JavaSc... Read More


Sri Lanka Targets UAE as a Key Tourism Market at Arabian Travel Market 2024

Sri Lanka, May 17 -- Sri Lanka made a significant presence at the Arabian Travel Market (ATM) 2024 in Dubai highlighting the island nation's diverse attractions and offerings. The Sri Lanka pavilion a... Read More


Fitch Rates Seylan Bank's Basel III Subordinated Debt 'BBB(EXP)(lka)'

Sri Lanka, May 17 -- Fitch Ratings has assigned Seylan Bank PLC's (A-(lka)/Stable) proposed Sri Lankan rupee-denominated, Basel III-compliant subordinated debentures of up to LKR10 billion an expected... Read More


Debt Restructuring Talks With External Bondholders Ongoing; Official Creditor Deals Await Finalization: IMF

Sri Lanka, May 17 -- Julie Kozack, Director of Communications at the International Monetary Fund (IMF), provided an update on Sri Lanka's economic performance and debt restructuring efforts during a r... Read More


SL and the UK agree a new partnership to work together to protect marine environment

Sri Lanka, May 17 -- This week the Ministry of the Environment and the UK government's Department for the Environment, Food and Rural Affairs signed a Memorandum of Understanding (MoU) between the two... Read More


Port City Colombo to reinvent SL economy to contemporary system that is geared for export of services

Sri Lanka, May 16 -- Port City Colombo says it hopes to empower large-scale business growth within the South Asian region through a reliable and competitive regulatory environment that enhances the ea... Read More