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What is the real-time impact on the economy and how can we help? 🇱🇰
29/11/2025

What is the real-time impact on the economy and how can we help? 🇱🇰

A must see look at the 2026 budget everyone is talking about!
09/11/2025

A must see look at the 2026 budget everyone is talking about!

Economic setback as September suffers first monthly current account deficit of 2025. Monthly current account deficit for...
06/11/2025

Economic setback as September suffers first monthly current account deficit of 2025. Monthly current account deficit for September 2025 at $ 183 m influenced by $ 286 m vehicle imports.

The airline reported a Group loss of Rs. 2,735 million for the financial year 2024/25, compared to a profit of Rs. 7,925...
27/10/2025

The airline reported a Group loss of Rs. 2,735 million for the financial year 2024/25, compared to a profit of Rs. 7,925 million in 2023/24.

Global Alliance for Banking on Values (GABV) consisting of 71 financial institutions across six continents, gathered in ...
22/10/2025

Global Alliance for Banking on Values (GABV) consisting of 71 financial institutions across six continents, gathered in Sri Lanka to study the success story of Sri Lanka’s incredible recovery from a financial crisis in record time. David Reiling, Chairman of the GABV Board, and Martin Rohner, Executive Director of GABV, along with the financial industry hierarchy of Sri Lanka met at the Cinnamon Life hotel last week for a two day programme with visitors from across the Asia Pacific zone including heads of some of the largest financial institutions of the region.

Finance powerhouse Sarvodaya Development Finance has received applications for over LKR 2,000,000,000/- (Rupees Two Bill...
09/10/2025

Finance powerhouse Sarvodaya Development Finance has received applications for over LKR 2,000,000,000/- (Rupees Two Billion) for the 2025 High Yield Sustainable Bond Issue and has closed the issue by 4.30pm on the 8th of October after being overwhelmingly oversubscribed. This marks an unprecedented demand for investments in the company showing public trust as a result of the strong position the organisation has been in over the past few years.

President Anura Dissanayake stunned Parliament, revealing Sri Lanka has already opened 1,260 million dollars in vehicle ...
02/10/2025

President Anura Dissanayake stunned Parliament, revealing Sri Lanka has already opened 1,260 million dollars in vehicle import LCs this year. After years of restrictions, demand has exploded. He warned this is just the beginning, with totals expected to soar to 1,500–1,800 million dollars by year’s end — a seismic boost to state revenue.

Sri Lanka has decided not to begin immediate LNG (liquefied natural gas) imports from India owing to lack of infrastruct...
27/09/2025

Sri Lanka has decided not to begin immediate LNG (liquefied natural gas) imports from India owing to lack of infrastructure—especially the absence of LNG storage and regasification facilities.

Though there has been an agreement in principle for LNG supply, actual implementation is delayed, and the government estimates it will take at least three years to develop the necessary infrastructure.

Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Economic Development, said the country could double fo...
22/09/2025

Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Economic Development, said the country could double foreign direct investment to more than $2 billion in 2026, driven by investments from China, India and the UAE. - Reuters

Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Economic Development, said the country could also more...
22/09/2025

Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Economic Development, said the country could also more than double foreign direct investment to more than $2 billion in 2026, driven by investments from China, India and the UAE. - Reuters

According to the Central Bank’s latest data, the commercial banks expanded total outstanding private sector credit by Rs...
18/09/2025

According to the Central Bank’s latest data, the commercial banks expanded total outstanding private sector credit by Rs.201.5 billion in July, following Rs.221.6 billion in June.

The cumulative credit extended in the first seven months of 2025 reached Rs.901.6 billion, surpassing Rs.790 billion extended in all of 2024

Under the new budget proposal, salary allocations of the Commission to Investigate Allegations of Bribery or Corruption ...
15/09/2025

Under the new budget proposal, salary allocations of the Commission to Investigate Allegations of Bribery or Corruption would rise from Rs. 354 million under the current framework to Rs. 777 million, reflecting plans to expand the commission’s staff from 489 to 967 and establish regional offices across the country.

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