Category: Business and Finance

Sri Lanka’s Colombo Stock Exchange Revamps Default Board to Improve Transparency

Aug, 18 2024

Starting January 2018, the Colombo Stock Exchange (CSE) will rename its Default Board to 'Watch List' to align with international standards and enhance transparency. This change aims to provide clearer information to investors about companies experiencing financial difficulties or not complying with listing requirements. The move is part of the CSE's ongoing efforts to improve its regulatory framework.

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Lee Waterhouse Lee Waterhouse

Booming Sri Lanka Tourism Sector Draws Over USD950Mn Investment Amid Pandemic Recovery

Jul, 27 2024

Despite the pandemic's challenges, Sri Lanka's tourism sector attracted over USD950Mn in investment. Known for its beautiful landscapes and cultural heritage, the country saw a significant increase in tourist arrivals in 2022. The sector's resilience offers opportunities for U.S. suppliers, and female entrepreneurs continue to play vital roles within this industry.

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Lee Waterhouse Lee Waterhouse

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