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, ...

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 ...

Kenya President William Ruto cancelled by public announced two deals with India's Adani group after bribery charges were filed in America linked to renewable energy contract in the South Asian nation ...

Sri Lanka President Anura Kumara Dissanayake appointed 29 deputy minister from his ruling National People's Power (NPP) .

Foreign buying was seen in Nations Trust Bank (down at 148.25), Commercial Credit (up at 44.30), Sunshine Holdings (down at ...

ECONOMYNEXT – Sri Lanka’s Marxist-leaned President Anura Kumara Dissanayake promised to prevent politicians using racism as ...

The financial profiles of Sri Lanka's banks will improve after a successful sovereign debt restructure, with their health linked to that of the sovereign, Fitch Ratings said.