NDB Investment Bank Limited (NDBIB) announced it has syndicated a five-year, US$40 million loan to Maldives Airport Company Limited (MACL) to finance the new passenger terminal at Velana International Airport.
Continue Reading
The Sri Lanka Chamber of Small and Medium Industries (SLCSMI) has unveiled a Rs. 300 billion “Bad Bank” proposal to address the SME sector’s debt crisis, which includes an estimated Rs. 460 billion in non-performing loans.
Continue Reading
Sri Lanka this week hosted its first Lanka Impact Investment Summit 2026 in Colombo, drawing more than 200 local and international delegates to explore new financing avenues for economic recovery.
Continue Reading
Chinese Ambassador to Sri Lanka Qi Zhenhong reaffirmed Beijing’s commitment to strengthening bilateral ties as he addressed a Spring Festival celebration in Colombo on Sunday.
Continue Reading
The Central Bank of Sri Lanka has launched investigations into 18 entities suspected of illegally collecting public deposits through plantation-based investment schemes, warning the public against promises of unusually high returns.
Continue Reading
Sri Lanka’s economy remains fragile after its 2022 crisis, with foreign exchange shortages, rising debt, and limited access to international capital markets. In this context, Saudi investment especially from the Public Investment Fund (PIF) could be transformative.
Continue Reading
The Government has set a minimum financial capability requirement of $50 million for parties seeking to participate in the divestiture of Canwill Holdings Ltd., according to clarifications issued by the Ministry of Finance, Planning and Economic Development.
Continue Reading
LB Finance PLC has secured $45 million in long-term funding from Switzerland-based impact investors responsAbility Investments AG and BlueOrchard Finance Ltd., strengthening its capacity to expand lending to Sri Lanka’s MSME sector.
Continue Reading
The International Finance Corporation (IFC) is planning a financing package of around USD 20 million for South Asia Gateway Terminals (SAGT), operated by John Keells Holdings, to support the upgrade of critical port equipment.
Continue Reading
Sri Lanka’s finance company sector recorded strong growth in 2025, with total assets rising 44% year-on-year to Rs. 2.77 trillion as at end-December, according to Central Bank of Sri Lanka data.
Continue Reading