Lanka Business Online

25/09/2025

Fitch Assigns Sri Lanka's Hayleys Fentons First Time 'A+(lka)' National Rating https://www.lankabusinessonline.com/fitch-assigns-sri-lankas-hayleys-fentons-first-time-alka-national-rating/

Fitch Ratings has assigned Sri Lanka-based Hayleys Fentons Limited (HFL) a National Long-Term Rating of A+(lka). The Outlook is Stable. The rating reflects HFL's leading market share in domestic rooftop solar panel sales and installation, which drove cash flow in the financial year ending March 2

25/09/2025

JAAF stresses need for proven VAT refund system to safeguard export stability post-SVAT https://www.lankabusinessonline.com/jaaf-stresses-need-for-proven-vat-refund-system-to-safeguard-export-stability-post-svat/

The Joint Apparel Association Forum (JAAF) today reaffirmed its commitment to working with government authorities as Sri Lanka prepares to remove the Simplified Value Added Tax (SVAT) scheme on 1st October. While emphasising that the removal of SVAT is now inevitable, JAAF noted that the industry

24/09/2025

Colombo Stock Exchange revises Transaction Fees for Corporate Debt Securities https://www.lankabusinessonline.com/colombo-stock-exchange-revises-transaction-fees-for-corporate-debt-securities/

The Colombo Stock Exchange (CSE) announced a revision to the transaction fees applicable to Corporate Debt Securities traded on its Automated Trading System (ATS) following approval from the Department of Fiscal Policy of the Ministry of Finance. The approval, conveyed through the Securities and

24/09/2025

Sri Lanka’s Export Earnings hit USD 11.6 Bn in January–August 2025 https://www.lankabusinessonline.com/sri-lankas-export-earnings-hit-usd-11-6-bn-in-january-august-2025/

Sri Lanka’s export sector continued to demonstrate resilience and steady growth during the first eight months of 2025, recording total earnings of US$ 11,554.32 Mn. This reflects a strong 6.61% increase compared to the corresponding period in 2024. In August 2025 alone, total exports, comprising

24/09/2025

Central Bank of Sri Lanka keeps Overnight Policy Rate unchanged https://www.lankabusinessonline.com/central-bank-of-sri-lanka-keeps-overnight-policy-rate-unchanged/

The Monetary Policy Board decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75% at its meeting held yesterday. The Board arrived at this decision after carefully considering both domestic and global developments. The Board is of the view that the current monetary policy s

23/09/2025

Sri Lanka charts course for a renewable future with launch of Green Hydrogen Policy https://www.lankabusinessonline.com/sri-lanka-charts-course-for-a-renewable-future-with-launch-of-green-hydrogen-policy/

The Ministry of Energy, together with the Sri Lanka Sustainable Energy Authority and the United Nations Development Programme (UNDP) in Sri Lanka hosted the Renewable Hydrogen Stakeholder Consultation Workshop: From Strategy to Actions recently, bringing together national policymakers, private secto

23/09/2025

Sri Lankan business leaders to participate in 2025 UN private sector forum https://www.lankabusinessonline.com/sri-lankan-business-leaders-to-participate-in-2025-un-private-sector-forum/

16/09/2025

HNB felicitates employees who completed 25 years of service https://www.lankabusinessonline.com/hnb-felicitates-employees-who-completed-25-years-of-service/

Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing

16/09/2025

World Bank Vice President Concludes First Official Visit to Sri Lanka https://www.lankabusinessonline.com/world-bank-vice-president-concludes-first-official-visit-to-sri-lanka/

15/09/2025

New Rs. 2000 Note to Be Accepted in Banks After Cash-handling Machine Calibration: CBSL https://www.lankabusinessonline.com/new-rs-2000-note-to-be-accepted-in-banks-after-cash-handling-machine-calibration-cbsl/

The Central Bank of Sri Lanka (CBSL) issued a Rs. 2000 circulated commemorative currency note on 29 August 2025 to mark its 75th Anniversary. In order to facilitate the smooth acceptance and dispensation of the new note, Licensed Commercial Banks are in the process of calibrating their cash-hand

15/09/2025

TikTok launches dedicated STEM Feed in Sri Lanka with Govt support https://www.lankabusinessonline.com/tiktok-launches-dedicated-stem-feed-in-sri-lanka-with-govt-support/