Sri Lanka has re-emerged as a focal point for foreign investors, following a series of economic stabilization efforts and renewed international engagement. A delegation from a leading U.S. think tank recently visited Colombo to assess investment potential in the island’s evolving business landscape, marking a strong signal of growing American interest in Sri Lanka’s economic […]
Business magnate Dhammika Perera has partially divested his stake in Commercial Bank of Ceylon PLC, one of Sri Lanka’s most stable and high-performing financial institutions. The transaction, valued at approximately Rs. 5.5 billion, represents a significant portfolio move by one of the country’s most influential investors. Overview of the Transaction The partial sale of shares […]
Colombo, October 2025 —Sri Lanka has reached a staff-level agreement with the International Monetary Fund (IMF) for the release of a US$347 million tranche, marking a crucial milestone in the island’s macroeconomic stabilization journey under the Extended Fund Facility (EFF). This marks the fifth review since the program began in 2023, bringing total disbursements to […]
