Surge in card transactions by tourists was driven largely by in-store use of debit cardsDomestic debit spends grew by 45% ...

Stable) divestment of its 50% stake in Acuity Partners (Pvt) Limited (APL) is unlikely to result in a material improvement in its regulatory capital ratios or have any impact on its national rating, ...

Watch as Donald Trump gives remarks at the World Economic Forum. A key topic he spoked about is major tax cuts. The President also talked about trade … Sri Lanka’s export earnings from apparel in 2024 ...

During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct … ...

LBO is the pioneer and leader in online business and economics news in Sri Lanka. LBO brings you a more comprehensive online news experience, integrating a host of interactive tools to keep you better ...

The Association of Public Finance Accountants of Sri Lanka (APFASL), the public sector wing of the Institute of Chartered ...

Lord John Hannett of Everton OBE has been appointed as the new United Kingdom’s Trade Envoy for Sri Lanka. Lord Hannett will support the UK’s trade and investment promotion objectives by engaging with ...

Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan non-bank financial institutions (NBFIs) and affirmed the ratings of eight. This … Fitch Ratings has upgraded the National ...

In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish to propose solutions to mitigate the ...