ECONOMYNEXT – Sri Lanka’s National Development Bank Plc is planning to raise up to 5 billion rupees in a debenture issue, the bank said. The bank will issue 50 million BASEL III compliant, Tier 2, ...

ECONOMYNEXT – Sri Lanka’s LOLC Holdings said it divested 9.73 percent of its ordinary voting shares held in DFCC Bank through its sub-subsidiary LOLC Investment Holdings Three (Private) Limited for ...

ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 291.00/10 to the US dollar on Friday from 290.95/291.05 to the US dollar on Thursday dealers said, while bond yields were steady. A bond maturing on 15 ...

ECONOMYNEXT – The Colombo Stock Exchange closed up on Friday, data on its site showed. The broader ASPI closed up 0.56 percent, or 72.17 points, at 13,054; while the more liquid S&P SL20 Index closed ...

ECONOMYNEXT – Kenya President William Ruto had cancelled by public announcement, two deals with India’s Adani group after bribery charges were filed in America linked to renewable energy contract in ...

ECONOMYNEXT – Kenya President William Ruto had cancelled by public announcement, two deals with India’s Adani group after bribery charges were filed in America linked to renewable energy contract in ...

Sri Lanka has been elected to the United Nations Commission on International Trade Law (UNCITRAL) to serve a 6-year term starting January 2025, the Ministry of Foreign Affairs said in a statement.

Sri Lanka's tea production fell 8 percent to 21.15 million kilograms in October, data showed, while exports were up 14 percent to 20 million kilograms.

The outlook of several Adani companies which are affiliates or parents of project companies in Sri Lanka have been cut to negative by S&P Global Ratings, after corruption and fraud charges were filed ...

Sri Lanka’s rupee opened at 290.90/95 to the US dollar on Friday from 290.95/291.05 to the US dollar on Thursday dealers said, while bond yields were stable.

Representatives of Sri Lanka's sovereign bondholders have gone restricted themselves from trading indicating that they are in the final round of talks with the government to wrap up a bond restructure ...