Adaderana Biz English | Sri Lanka Business News - Sri Lanka's 24x7 ...
WEB5 days ago · Sri Lanka's 24x7 Business News Portal - Sri Lanka economy, business and finance, Sri Lanka rupee, Sri Lanka stocks, interest rates, bonds and foreign exchange on Adaderanabiz.lk
Sri Lanka's First-Ever Green Bonds from DFCC Bank …
WEB6 hours ago · DFCC Bank has made history again by successfully concluding Sri Lanka’s first-ever Green Bond issuance, which was heavily oversubscribed on its opening day, 12th September 2024. This is a significant milestone for the country’s financial sector, underscoring DFCC Bank’s unwavering commitment to sustainability. The Issue represents a substantial boost for the nation’s solar energy ...
Fitch Affirms Sri Lanka at 'RD' - Adaderana Biz English | Sri Lanka ...
WEB3 hours ago · Fitch Ratings: Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency IDR at ‘CCC-‘. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC+’ or below. A full list of rating actions is at the end of this rating action commentary.
Janashakthi Life Posts 45% Growth in Premiums & Other …
WEB6 hours ago · Janashakthi Life, a leading life insurance provider in Sri Lanka, is pleased to announce exceptional financial results for the first-half of 2024. The company achieved record-breaking growth across key performance indicators, with a notable 45% increase in Gross Written Premiums (GWP) compared to the period under review in 2023. This significant growth reflects the company’s...
Political change unlikely to derail reform trajectory but …
WEB5 hours ago · International rating agency Moody’s says that they do not expect any significant shifts in Sri Lanka’s reform trajectory or policies, “although some reprioritisation is likely.” Issuing a special statement, the rating agency said the country’s political change is unlikely to derail the reform trajectory but underscores fiscal consolidation challenges.
Cabinet Approves the National Trade Facilitation Roadmap for Sri …
WEB5 days ago · In a landmark decision, the Cabinet approved the National Trade Facilitation Roadmap for Sri Lanka bill marking a significant step forward in Sri Lanka’s journey to modernize its cross-border trade processes and align with global trade facilitation standards. The roadmap now serves as the country’s official strategy for driving comprehensive trade reforms, aimed at streamlining...
FITIS Congratulates Sri Lanka’s New President
WEB1 day ago · A Vision for Digital Transformation to achieve USD 15 billion contribution to GDP from the digital economy by 2030. The Federation of Information Technology (Guarantee) Limited (FITIS) extends its warm congratulations and conveys its best wishes to the newly elected President of Democratic Socialist Republic of Sri Lanka, Hon. Anura Kumara Dissanayake.
Sri Lanka Tourism Expects Continued Growth Following Peaceful …
WEB1 day ago · Sri Lanka’s tourism industry is anticipating continued growth following the recent presidential election, widely regarded as one of the most peaceful in the nation’s history. Newly elected President Anura Kumara Dissanayake has prioritized the sector, pledging to unlock its full potential. This commitment, coupled with proactive initiatives from industry leaders, Sri Lanka Tourism ...
BOI Sri Lanka discusses strategic investments in key sectors to …
WEBSep 18, 2024 · The Board of Investments of Sri Lanka successfully hosted an investor roundtable titled “Supporting Sri Lanka’s Recovery Through Resource Commitment” at the Ministry of Investment Promotion, Colombo on September 2, 2024.The event brought together prominent Sri Lankan and Indian investors, industry leaders to explore strategic investment opportunities aimed at supporting Sri Lanka’s ...
Leveraging social platforms for business growth in Sri Lanka
WEBSep 10, 2024 · Platforms like TikTok are becoming integral for SMBs to reach their audience across different geographies By Indika De Zoysa It goes without saying that social platforms have evolved from a mere communication tool to a powerful catalyst for business growth. For businesses in Sri Lanka, leveraging social media is now optional but essential for navigating...