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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The Sri Lanka Convention Bureau (SLCB), an entity under the Finance, Economic Development, Policy Formulation, Planning and Tourism Ministry,
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Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), facilitated by Mashreq,
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The Colombo stock market sustained its upward momentum today as well.
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