Sri Lanka’s LOLC Finance PLC said it has disposed its 40 percent stake in Commercial Insurance Brokers (Pvt) Limited.
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The government is prioritising equitisation as a key strategy to enhance the governance of state-owned enterprises (SOEs) and inject liquidity into the capital market,
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NEWS OF THE DAY
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In a major boost to Sri Lanka’s tourism and digital payment landscape, LankaPay, the country’s National Payment Network, has partnered with Ant International to enable Alipay+ acceptance across the country.
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Deliveries of China’s BYD cars has begun by a unit of Sri Lanka’s John Keells Holdings with a network of charging stations set up at supermarket operated by the same group.
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Sri Lanka’s tourist arrivals grew 23.2 percent to 191,982 in the first 26 days of March 2025, from a year ago,
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Sri Lanka’s central bank is not for a fixed exchange rate, but a much more ‘predictable’ regime, where investors can take positions, Central Bank Governor Nandalal Weerasinghe said.
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Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.
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The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the March 31, 2025 deadline.
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Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds
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