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CSE signs MoU with Seylan Bank to streamline foreign investment

Daily FT

|

November 14, 2025

THE Central Depository Systems (Pvt) Ltd. (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Seylan Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for nonresident Sri Lankans and Foreign Individuals (FIs) who wish to open CDS accounts through the CSE Mobile App.

The collaboration between Seylan Bank PLC and CDS, which serves as the depository and custodian for securities traded on the CSE, is the latest initiative of ongoing efforts to strengthen market infrastructure and improve investor access

WEITERE GESCHICHTEN VON Daily FT

Daily FT

SL crosses 2.3 m tourist arrivals

Welcomes 195,394 tourists in first 25 days of December Requires nearly 149,000 visitors in remaining six days of Dec. to meet monthly target of 344,309 India revs up visitors YTD with over 520,000 tourists, followed by UK and Russia Total arrivals for 2025 likely to exceed 2018's record 2.33 m

time to read

3 mins

December 29, 2025

Daily FT

Havelock retain Yenfoon Pakstun Challenge Trophy

HAVELOCK Sports Club underlined their title credentials with a dominant 41/12 victory over Army Sports Club to retain the Yenfoon Pakstun Challenge Trophy in their Inter-Club League encounter at Havelock Park last weekend.

time to read

1 min

December 29, 2025

Daily FT

Daily FT

Prime Lands donates Rs. 200 m to "Rebuilding Sri Lanka" Fund

A financial contribution of Rs. 200 million has been made by Prime Lands to the \"Rebuilding Sri Lanka\" Fund, which was established to restore the livelihoods of people affected by Cyclone Ditwah and to rebuild the country following the disaster.

time to read

1 min

December 29, 2025

Daily FT

Daily FT

CCC go on run spree to notch up season's highest total - 595/6 decl.

FOLLOWING centuries from Lasith Croospulle and Kamindu Mendis on the opening day, CCC's middle order batsmen made full use of a good batting track at the P. Sara Oval to notch up the highest total in the ongoing tournament -595/6 declared on the second day of their Major Club 3-Day League match against Colts yesterday.

time to read

2 mins

December 29, 2025

Daily FT

Daily FT

Damro gives Rs. 50 m to "Rebuilding Sri Lanka" Fund

DAMRO Group has donated Rs. 50 million to \"Rebuilding Sri Lanka\" Fund.

time to read

1 min

December 29, 2025

Daily FT

Lanka Realty Group invests Rs. 200 m in country's largest outdoor LED display

LANKA Realty Investments PLC yesterday said that its subsidiary On'ally Holdings PLC has commissioned the country's largest LED display at its property in Unity Plaza in Colombo 3 on an investment of up to Rs. 200 million.

time to read

1 min

December 29, 2025

Daily FT

Daily FT

CR overpower Police with bonus-point win

CR & FC produced a composed and ultimately emphatic performance to defeat Sri Lanka Police SC 46/22 in their InterClub Rugby League encounter worked off at Police Park last evening, overcoming a stern second-half challenge to seal a valuable bonus-point victory.

time to read

1 mins

December 29, 2025

Daily FT

Daily FT

PickMe calls for urgent rule of law

DIGITAL Mobility Solutions Lanka PLC (PickMe) has formally written to the Inspector General of Police (IGP) expressing grave concern over escalating incidents of intimidation, obstruction, and unlawful interference and violence directed at independent transport providers operating voluntarily through ride-hailing applications in key tourist locations.

time to read

2 mins

December 29, 2025

Daily FT

Budget deficit to Nov. down 73% YoY, cash surplus surges 109% to over Rs. 1.94 t

Budget deficit down 73.25% YoY to Rs. 325.6 b in Jan.-Nov. 2025 from Rs. 1.22 ta year ago Tax revenue up 36.82% YoY to Rs. 4.94 t; recurrent expenditure up 8.5% YoY to Rs. 4.6t Capital expenditure up 6% YoY to Rs. 645 b, despite Budgetary allocation being Rs. 1.3t

time to read

2 mins

December 29, 2025

Daily FT

Ne-Yo apologises to Sri Lankan fans after Colombo concert postponement

INTERNATIONAL R&B star Ne-Yo yesterday issued a personal apology to his Sri Lankan fans following the postponement of his scheduled concert in Colombo.

time to read

1 min

December 29, 2025

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