The Colombo Port City Special Economic Zone (SEZ) is drawing significant interest from more than 100 companies, as revealed by its promoter.
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In September 2024, Sri Lanka’s export sector saw growth, with exports increasing by 4.1% year-on-year, surpassing the $1 billion mark. However, this improvement came alongside a growing trade deficit, which the Central Bank attributed to rising imports.
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Latest boutique hotel from W15 Collection opens on 1 November
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Sri Lanka Purchasing Managers’ Index for Construction (PMI -Construction) expanded at a slower pace in August 2024 over the significantly higher level reached in the previous month, recording an index value of 51.4.
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People’s Bank announced yesterday that it has successfully concluded the issuance of its BASEL III Compliant Tier 2, Unlisted, Rated, Unsecured, Subordinated Redeemable Debentures with non-viability write-down, as required by the Central Bank of Sri Lanka (CBSL), raising over Rs. 10 billion last month.
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The Colombo Port City Special Economic Zone (SEZ) is drawing significant interest from more than 100 companies, as revealed by its promoter.
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The Department’s Geology division is in possession of 271 gemstones which have been securely deposited at the Metropolitan Branch of the Bank of Ceylon since September 18, 1964, remains unassessed, the National Audit report in 2023 revealed.
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Sri Lanka’s construction sector reported a contraction in September, reflecting a slowdown in the activities, influenced by the election-related disruptions, the data from the Purchasing Managers’ Index (PMI) showed on Monday.
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Profits at Sri Lanka’s Seylan Bank Plc group grew 4.61 percent to 2.06 billion rupees in the September, 2024 quarter, interim accounts showed.
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Sri Lanka aims to conclude its debt restructuring process by year-end, with expectations for a prompt exit from the default rating category soon after,
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