GLOBAL EQUITIES
Vidullanka announced that the 10 MW solar power plant in Vavunathivu has been officially commissioned to the national grid. The power plant is owned by Solar Universe
MICROCOSM
Sri Lanka’s monthly net foreign inflows to the stock market peaked in September for the first time since March 2012 when Malaysia’s state investment arm Khazanah Nasional
GLOBAL EQUITIES
Softlogic Holdings announced that its fully owned subsidiary Softlogic Restaurants has entered into a joint venture and management agreement, to develop and operate outlets
MICROCOSM
IMF staff and the Sri Lankan authorities reached a staff level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) to the tune of around US$ 2.9 billion.
GLOBAL EQUITIES
Ceylinco Life Insurance entered into a partnership with Kings Hospital through a major equity investment. This partnership expands the company’s footprint
MICROCOSM
The Central Bank of Sri Lanka announced that all efforts will be made to strictly monitor and ensure compliance with regulations on foreign exchange transactions