Sri Lanka’s DFCC Bank Plc is looking for an investor to sell its 50 percent in Acuity Partners after its deal for the sale did not go through as announced earlier.
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Sri Lanka’s trade deficit widened to 634 million US dollars in September 2024 from 429 million dollars a month earlier, while the services surplus plunged to 156 million US dollars from 287 million US dollars in August, official data showed.
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Sri Lanka has reached a significant milestone, surpassing 1.6 million tourist arrivals for the year, with over 117,000 visitors registered in the first 27 days of October.
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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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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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