Sri Lanka among four countries most vulnerable to an exchange rate crisis in the next 12 months – Nomura
Sri Lanka along with Egypt, Romania, Turkey are vulnerable to an exchange rate crisis in the next 12 months, according to Nomura’s early warning indicator of exchange rate crises, Damocles.…
USAID Launches Fresh 5-year, $19m Initiative to Support Sri Lanka’s renewable energy Ambitions
The United States Agency for International Development (USAID) announced its new $19 million, 5-year Sri Lanka Energy Program recently. Once finalized, this grant will support the Government of Sri Lanka’s…
Sri Lanka’s Central Bank to Steer Towards a More Hawkish Direction – First Capital
Ahead of the Monetary Policy Review Meeting of the Central Bank of Sri Lanka (CBSL), the First Capital Research predicted a 50% probability for a policy rate hike to prevent…
The United States Delivers $150 Million Funding to Sri Lanka’s DFCC Bank to Support Female-led MSMEs
The United States government disbursed $150 million in financing to DFCC Bank on November 12 to support the sustainable development of Sri Lankan community-based businesses, the U.S Embassy in Colombo announced…
The growth of Sri Lanka`s investment ecosystem and its future potential
The investment ecosystem in Sri Lanka has drastically changed over the last few years, leading tomore opportunities and growth for local entrepreneurs. To better understand this growth, the Council for…
Major ocean carriers sailing towards astonishing $200b profit this year
With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts. A third of the…
Investing vs Saving: Tenets of Financial Management
Seeds for a smart culture of financial management Whether you take a personal or a societal viewpoint, smartsaving and investing isn’t just a process. It’s a culture, and as ‘Lifestyle…
Lack of Budget Credibility a Significant Challenge to the 2022 Budget With Intensification of the “Closed” Culture, Says Verité Research
Verité Research’s BudgetPromises dashboard on the PublicFinance.lk platform sheds light on two questions aboutSri Lanka’s budget: “is the Government doing what it is saying?” and “is the Government saying whatit…
Expolanka makes history becoming the first company on CSE to reach Rs.400 billion market capitalization
Expolanka Holding PLC (EFL) last week became the first company on Colombo Stock Exchange (CSE) to reach Rs.400 billion in market capitalization. Capitalizing on favourable pricing trends in the logistic…
Sri Lanka’s Capital Alliance Partners with BetaOne Investments to Enter Bangladesh’s Thriving Merchant Banking Sector
Sri Lanka’s leading player in the Capital Markets services sphere entered into an investment and partnership agreement with Bangladesh’s BetaOne Investments Limited as it continues with its journey to realize…