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- Commercial Bank of Ceylon Reports 101% Profit Growth for Q2 2025
Colombo, Sri Lanka – August 2025 – The Commercial Bank of Ceylon PLC (ComBank) has reported a remarkable 101% year-on-year increase in profit, reaching Rs. 15.9 billion for the quarter ending June 2025. This impressive performance underscores the bank’s strong financial position and the effectiveness of its strategic initiatives. The significant growth in profits reflects… Read more: Commercial Bank of Ceylon Reports 101% Profit Growth for Q2 2025 - Sri Lanka’s High-End Casino Tourism Initiative Set to Boost ColomboSri Lanka is taking bold steps to strengthen its tourism sector with the development of the $1.2 billion “City of Dreams” casino complex in Colombo. This ambitious project is part of a strategic effort to attract high-end international tourists and position the country as a premier destination for luxury tourism in the region. The new… Read more: Sri Lanka’s High-End Casino Tourism Initiative Set to Boost Colombo
- Sri Lanka Secures $500 Million Chinese Yuan Loan for Infrastructure DevelopmentIn a strategic move to bolster its infrastructure sector, the Sri Lankan government has secured a $500 million loan from China’s Exim Bank, denominated in Chinese yuan. This significant financing is aimed at supporting critical infrastructure projects across the country, ranging from transportation and energy to urban development and sustainable initiatives. The decision to borrow… Read more: Sri Lanka Secures $500 Million Chinese Yuan Loan for Infrastructure Development
- Sri Lanka’s Economy Poised to Surpass $100 Billion in 2025Sri Lanka is set to achieve a remarkable milestone as its economy is projected to exceed $100 billion in 2025, signaling a strong recovery from the significant $74 billion contraction experienced in 2022. This turnaround highlights the resilience of the nation’s economic framework and the adaptability of its private sector. The impressive growth trajectory is… Read more: Sri Lanka’s Economy Poised to Surpass $100 Billion in 2025
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