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Local banks have opened USD 1,570 million worth of Letters of Credit (LCs) as of September 16, 2025, for the importation of motor vehicles, according to Finance Ministry officials. MORE..

24 Sep 2025 (3:34 PM)

Former Commander of the Sri Lanka Navy (SLN), Admiral (Retired) Nishantha Ulugetenne, who was arrested by the Criminal Investigation Department (CID), has been further remanded. MORE..

24 Sep 2025 (5:13 PM)

Nations Trust Bank PLC (NTB) has entered into a binding Sale and Purchase Agreement with HSBC, acting through its Sri Lanka Branch (HSBC Sri Lanka), to acquire its retail banking business carried out in Sri Lanka for a consideration of LKR 18 billion and applicable taxes if any. MORE..

24 Sep 2025 (6:21 PM)