Hela Apparel raised billions through an IPO and rights issue, secured international development financing and repeatedly restructured debt. Four years after listing, it says it can no longer pay its debts. What happened between growth and the balance sheet?
Sri Lankan banks are expanding credit while facing higher operating costs, cyber risks and rapidly changing technology. A recent Asian Business Review commentary offers a useful framework for transforming without weakening trust or resilience.
Sri Lankan consumers may be spending more, but that does not necessarily mean they are buying more. Inflation, essential costs, credit growth and uneven income recovery are reshaping demand, and businesses must read the signals carefully.
Islamic finance has grown into a US$4.4 trillion global industry. Sri Lanka already has an enabling banking framework, Islamic financial institutions and a listed sukuk market, but greater scale requires stronger regulation, awareness and investable projects.
The Central Bank of Sri Lanka’s next monetary policy decision on 22 July 2026 policy rate comes at a critical juncture. Following the 100-basis-point increase
Sri Lanka VAT changes landscape has seen significant updates effective from 1 July 2026, sparking widespread discussion across social media and business circles. While some
The risks leading to cancellation of registration for finance leasing establishments in Sri Lanka are clearly outlined in the regulatory framework administered by the Central
Meta Description:CBSL Monetary Policy Review No 3 2026 shows the Overnight Policy Rate Raised by 100 bps by Central Bank of Sri Lanka to 8.75%
The Sri Lanka Exports 2026 performance in the first four months shows encouraging resilience. According to the Sri Lanka Export Development Board (EDB), total exports
The SME Nexus Sri Lanka 2026 marks a major step forward for the country’s small and medium enterprises. The National SME Strategy Framework 2026 was
