The CSE yesterday kicked off on a positive note but later turned negative due to profit- takings engrossing investors. Amid those developments both indices moved downwards. The All Share Price Index went down by 90.46 points, while the S and P SL20 declined by 27.74 points. Turnover stood at Rs 4.8 billion with nine crossings. […]
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The Sri Lankan Government has gazetted the proposed Public-Private Partnership Bill, paving the way for the establishment of a dedicated National Agency and a legal framework to promote and facilitate public-private partnership (PPP) projects in the country. The Bill, titled Public-Private Partnerships Bill, provides provisions for the establishment of a National Agency for Public-Private Partnerships […]
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A high-level business delegation from South Korea met with Minister of Industries and Entrepreneur Development Sunil Handunnetti to discuss potential bilateral collaborations in Sri Lanka’s graphite mining sector. The meeting was headed by renowned actor and film personality Gagan Malik—widely celebrated by Sri Lankan audiences for his iconic portrayal of Prince Siddhartha in the acclaimed […]
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Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday described the 2027 Budget, to be presented today by President Anura Kumara Dissanayake, as a long-term economic transformation plan aimed at moving Sri Lanka towards upper-middle-income status. He said the Budget would set out a phased pathway, supported by strategies, specific actions and priority-based resource […]
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Landmark achievement brings highly complex transplant care closer to home while expanding Sri Lanka’s capacity to deliver advanced pediatric care Sri Lanka has taken an important step forward in advanced pediatric healthcare with Hemas Hospital Wattala successfully performing the country’s first pediatric liver transplant within the private healthcare sector. The milestone expands the treatment options […]
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The flagship event, under this year’s theme of ‘Evolve’, will convene leading policymakers, central bankers, institutional asset managers and technology leaders. Binance, the leading global financial platform powered by blockchain, today announced the first wave of speaker line-up for the Binance Blockchain Week (BBW) Bangkok 2026. The flagship event returns to Asia on November 28-29, […]
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Sri Lanka’s Colombo Stock Exchange was trending lower on Wednesday, a day ahead of the National Budget reading, with the benchmark All Share Price Index moving down 0.27 percent. The ASPI was down 60.10 points at 22,063.29, while the more liquid S&P SL20 was down 0.28 percent, or 17.76 points, at 6,350.36. Positive contributors to […]
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A golden carousel takes center stage as the hotel welcomes the festive season with cherished traditions and seasonal celebrations. Hilton Colombo officially welcomed the festive season with the unveiling of its 2026 Christmas theme, “Home for a Magical Christmas.” As the first hotel in Colombo to usher in the festive season, Hilton Colombo marked the […]
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Proposed long-term programme combines Australian zero-emission bus technology, genuine local chassis and body manufacturing, local battery assembly, skilled employment, and regional and international export potential. Australian bus manufacturer Custom Denning is planning what would be the biggest investment in electric bus manufacturing in Sri Lanka by an overseas entity, with a proposed facility to manufacture […]
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The Board of Investment (BOI) of Sri Lanka has presented the country’s investment opportunities, incentives and business facilitation framework to British investors and business leaders at a series of promotional events held in London on October 21 and 22. The two-day programme, organised by the Export Development Board (EDB) in collaboration with the Sri Lankan […]
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