Sri Lanka’s Prime Lands Residencies is to raise upto Rs. 2 BN at the Initial Public Offering (IPO) approved by the Colombo Stock Exchange (CSE). The company is to be listed on the Diri Savi second board of CSE. The company will offer 100,000,000
Following increased availability of vaccines, Booking Holdings Inc. experienced rebounds in demand for travel from countries like the US and UK. First-quarter
Having reached its 50 year mark, LB Finance (LBF) has successfully raised $ 15 million over a 4 year period, from the
Hutchison Telecommunication Lanka (HTL) recently signed a partnership agreement with Allianz Life Insurance Lanka. This agreement enables the provision of life insurance
The Central Bank of Sri Lanka announced that, following economic disruptions spurred by covid-19 pandemic, government revenue plunged by 27.7% from Rs.
The Asian Development Outlook (ADO) 2021, published by the Asian Development Bank (ADB) forecasts that Sri Lanka’s economy is likely to rebound
The Ministry of Tourism plans to invest over Rs. 519 million for tourism development projects the year 2021. Following discussions held by
The Monetary Board of the Central Bank of Sri Lanka (Monetary Board) has decided to suspend business of Swarnamahal Financial Services PLC