Government & Economy Local Business Spotlights Sri Lanka Latest News

Dhammika Perera Partly Sells Commercial Bank Stake for Rs. 5.5 Billion

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 […]

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Business Tips & Advice Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Secures $347 Million IMF Tranche Under Extended Fund Facility  

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 […]

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