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ComBank's Rs. 15 bn Green Bond issue oversubscribed on opening day

Sri Lanka, Aug. 4 -- Investors demonstrated overwhelming support for the green lending aspirations of the Commercial Bank of Ceylon, leading to the oversubscription of the Bank's Rs. 15 billion Green ... Read More


WealthOS achieves prestigious WealthTech100 recognition for 3rd consecutive year

Sri Lanka, Aug. 4 -- WealthOS, a pioneering cloud-native operating system (SaaS) for digital wealth management products, today announced its inclusion in the prestigious global WealthTech100 list for ... Read More


US Effective Tariff Rate from all trading partners settles at 17-pct with July 31 duties: Fitch Ratings

Sri Lanka, Aug. 4 -- Fitch Ratings has updated the U.S. Effective Tariff Rate (ETR) Monitor, its interactive tariff tool, reflecting the July 27 and July 31 announcements that set new reciprocal tarif... Read More


Colombo Stock Exchange Launches a Central Counterparty system

Sri Lanka, Aug. 3 -- The Colombo Stock Exchange (CSE) marked a historic milestone in Sri Lanka's capital market with the launch of a Central Counterparty (CCP) framework for equity transactions, a tra... Read More


Sunshine Holdings reports 11.6% YoY top-line growth in 1QFY26

Sri Lanka, Aug. 1 -- * Consolidated revenue of LKR 15.9 billion * Healthcare revenue up 14.0% YoY to LKR 8.6 billion * Consumer revenue up 3.7% YoY to LKR 4.8 billion * Agribusiness revenue increas... Read More


Pan Asia Bank posts PAT of over Rs. 2.1Bn for 1H2025; Increase of 110-pct

Sri Lanka, Aug. 1 -- - Common Equity Tier 1 Capital Ratio - 16.65% (Regulatory Minimum - 7.00%) - Tier 1 Capital Ratio - 16.65% (Regulatory Minimum - 8.50%) - Total Capital Ratio - 18.32% (Regula... Read More


Ceylon Chamber Acknowledges U.S. Tariff Reduction, Stresses Importance of Durable Trade Terms

Sri Lanka, Aug. 1 -- The Ceylon Chamber of Commerce commends the Government of Sri Lanka and the national negotiation team on the successful outcome of recent discussions with the United States, which... Read More


Free Trade Zone Manufacturers Association Rules Out Additional MFN Levies, Says 20-Pct Tariff Stands Alone

Sri Lanka, Aug. 1 -- Dhammika Fernando, Chairman of the Free Trade Zone Manufacturers Association (FTZMA), emphasized that the new 20% U.S. tariff on Sri Lankan imports is a standalone rate and will n... Read More


US Dollar Shows Signs of Stabilisation on Easing Policy Uncertainty: Fitch Ratings

Sri Lanka, Aug. 1 -- The US dollar has shown early signs of stabilisation against other currencies in the past few weeks, as US policy uncertainty has eased from record highs, Fitch Ratings says in it... Read More


EDB at 46: A Legacy of Transformative Progress

Sri Lanka, Aug. 1 -- The 1st of August 2025 marks the 46th anniversary of the Sri Lanka Export Development Board (EDB), the country's apex organization for export promotion and development. Establishe... Read More