The Commercial Bank of Ceylon (CBC), a Sri Lanka-based lender operating in Bangladesh for 22 years, plans to scale up operations through digital transformation, focusing on deepening customer ...

Bangladesh's decision to implement International Financial Reporting Standard 9 (IFRS 9) by 2027 is a major step towards enhancing financial transparency, risk management, and governance, modernising ...

Alliance Finance Company PLC (AFC), the pioneer and leader in sustainable finance, proudly announces the issuance of Sri ...

Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second ...

COLOMBO - Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second quarter of 2026, the bank said in a monetary policy report on ...

Colombo, Sri Lanka - Sri Lanka's President, Anura Kumara Dissanayake, said on Monday during the presentation of his first budget to Parliament that "it is necessary to gradually move away from a ...

Sri Lanka's current reserves are at $6 billion, enough to cover four months of imports, the latest central bank data showed. In the depths of the crisis, reserves had shrunk to just $1.9 billion ...

Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore its national grid to full capacity after a monkey triggered a widespread blackout over the weekend that disrupt ...

reform policies by enacting a Public Commercial Businesses Act These reforms have been undertaken by the previous administration in accordance with the IMF Extended Fund Facility -backed programme for ...

Sri Lanka’s banks have welcomed the maiden budget of the new government, describing it as “positive” and one that seeks to ...