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Sri Lanka’s Textile Industry Enhances Competitiveness Through UK’s DCTS Initiative
The United Kingdom’s updated Developing Countries Trading Scheme (DCTS), set to commence in January 2026, offers significant advantages for Sri Lanka’s garment industry, particularly benefiting small and medium-sized enterprises (SMEs) as they seek to establish a stronger presence in a crucial market. The key advantage of the revised scheme is its practicality. By simplifying the
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Launch of Sri Lanka Brand Forum Aims to Ignite National Inspiration and Transform Business for Progress
In a significant move aimed at reshaping the contribution of businesses to national development, the Sri Lanka Brand Forum (SLBF) has been launched as an innovative platform focused on fostering a new breed of purpose-driven,…
Business Updates
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Sri Lanka Approves Innovative Battery Storage Initiative
FINANCIAL CHRONICLE — The Cabinet of Sri Lanka has given the green light to a plan for the acquisition of 300 MW of Battery Energy Storage Systems (BESS) aimed at enhancing the stability of renewable…
Economy
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Sri Lankan President Emphasizes Urgent Strategies to Mitigate Effects of Middle Eastern Conflict During IMF Conference
Sri Lankan President Anura Kumara Dissanayake emphasized the importance of implementing strategies to mitigate the effects of the ongoing crisis in the Middle East on the nation’s populace during a meeting with senior officials from…
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Sri Lanka People’s Leasing Enhances Capital Base with Rs10 Billion Private Placement Initiative
FINANCIAL CHRONICLE – People’s Leasing & Finance, a subsidiary of People’s Bank in Sri Lanka, has successfully secured a five-year term loan facility amounting to 10 billion rupees through the issuance of trust certificates via…
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