Sri Lanka’s banking sector thrives in 2024: Softlogic Stockbrokers

Analysts expect further gains in 2025 Majority of banks showcased YoY growth in NII Net profit to equity holders saw significant YoY growth Banks declared record-high Rs.46.2bn worth of dividends for 2024 Highlights banks remained adequately capitalised …

New Zealand Parliament Speaker confident of support to Sri Lanka

New Zealand Parliament Speaker Gerry Brownlee expressed confidence of his country’s support to Sri Lanka. High Commissioner of Sri Lanka in Wellington Prasanna Gamage called on MP, Speaker of Parliament of New Zealand Gerry Brownlee at the Parliament of …

CFA Institute Research Challenge Final: Two teams from Kelaniya University to represent Sri Lanka

The Winning Team with Chief Guest Prof. K.L Wasantha Kumara (Vice Chairman, University Grants Commission), Guest of Honor-Dilshan Wirasekara (Chairman- Colombo Stock Exchange), Reseena Abdullah (Society Regional Director - CFA Institute), Rashmi Peiris …

Marx CrossBorder Payments paves the way for cashless Sri Lanka

 Marx CrossBorder Payments members receiving an award for excellence CrossBorder Payments (Pvt) Ltd which operates under the brand name Marx, is a leading force in Sri Lanka’s fintech landscape, celebrates a path of creativity, resiliency, and …

Sri Lanka coconut crisis: Shortages, soaring prices threaten staple food and exports

Tenth Executive President of Sri Lanka will emerge from UNP before long: Wajira

Colombo, March 12 (Daily Mirror) - The tenth Executive President of Sri Lanka will emerge from UNP before long, UNP Chairman Wajira Abeywardenea said today. “Many think that the UNP is weak because it commands only one seat in Parliament. The party was …

Sri Lanka to bring controlled prices for 862 drugs: Minister

ECONOMYNEXT – Sri Lanka will expand the current administered prices to 862 drugs in the market, Health Minister Nalinda Jayatissa said expanding state controls brought during the so-called Yahapalana administration. “We are discussing with importers and …

Sri Lanka port straddle carrier tender ‘dramatic’ fraud by cabinet decision: Minister

ECONOMYNEXT – The sudden award of a tender for straddle carriers at a Sri Lanka state owned enterprise was a ‘dramatic’ fraud carried out by a cabinet decision, Ports and Aviation Minister Bimal Rathnayake said. The current administration had decided to …

China to establish Tai Chi, Dragon Boat Racing in Sri Lanka

Colombo, March 12 (Daily Mirror) - The Chinese government announced today that it will support the establishment and development of sports, including Tai Chi and Dragon Boat racing, in Sri Lanka. This decision was announced during a meeting between Chinese …

Sri Lanka to host SAFF Championship after 17 Years

The SAFF Championship is set to take place in Sri Lanka this year, marking the return of the prestigious South Asian football tournament to the country after 17 years. The last edition of the championship was held in 2023 in Bangalore, India, where India …