John Keells Holdings PLC (JKH) yesterday said profit attributable to equity holders of the parent rose 213% to Rs. 5.17 billion in the second quarter of 2026/27, from Rs. 1.65 billion a year earlier, while Group profit b
The Government’s Budget swung to a surplus of Rs. 9.5 billion in the first half of 2026 from a deficit of Rs. 405.6 billion a year earlier, as a surge in revenue and lower execution of capital expenditure
President Anura Kumara Dissanayake has pledged further tax cuts in next month’s Budget, saying the reductions would be made without jeopardising the Government’s revenue target.
The Government in partnership with the World Bank Group and the International Fund for Agricultural Development (IFAD), yesterday announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated
Securities and Exchange Commission (SEC) Chairman Senior Prof. Hareendra Dissabandara has called on the Government to make capital market development part of its growth strategy in the forthcoming Budget. He warned that
Sri Lanka yesterday formally joined the global Orange Movement as the Colombo Stock Exchange (CSE) and the Impact Investment Exchange (IIX) signed an MoU to bring Orange Bonds into the local capital market.
Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday said the Government’s capital market policies would be far more visible in the 2027 Budget, conceding that steps taken over the past two years had
Sri Lanka’s export sector posted its highest-ever monthly performance in September 2026, with total earnings surpassing $ 1.69 billion and reflecting a 17.23% year-on-year (YoY) growth driven by strong
FORMER President Ranil Wickremesinghe has set out a 10-point plan for Sri Lanka to secure a place in an emerging world order, with rapid technological modernisation, membership of BRICS, and a stronger maritime role at i
The Treasury account now holds a surplus approaching Rs. 1 trillion, compared with a deficit of about Rs. 700 billion in 2022, while a Finance Ministry committee is considering closing or amalgamating 34 State-owned ente