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Council Meeting Minutes - June 2025
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Council Meeting Minutes - Feb 2025
TFAB Newsletter - Release 1 2024
TFAB Seminar 2024 - Presentation 4
TFAB Seminar 2024 - Presentation 3
TFAB Constitution (Incorporating all amendments upto 31 Dec 2023)
An Overview of TBML - S. Sivananthan
TFAB Trade Crossword Puzzle 2024
27th AGM Notice - 21 Feb 2024
TFAB - Nomination Form - 2024
26th AGM Minutes - 23 Feb 2023
TFAB - Annual Report 2023-2024
TFAB - Audited Accounts 2023
Global Trade - UNCTAD - Jun 2023
Commodity hedging
An Opinion about the Originality in Shipping Documents
A Court Case on Letters of Credit & UCP600
A Tribute to the Greatest
An interesting decision by Hong Kong high court
Availability of Credit and Negotiation
Demand Guarantees issued by banks and the associated risks
Introduction to UCP 600
Marine Insurance
Panel discussion on regulations governing imports and exports
Risks under import documentary credit transactions
Shipping guarantees
Shipping indemnities – are banks adequately protected
Marine insurance - questions and answers
Shipping risks -making the right choice
Bank Guarantees
Optimising marine insurance cover
Sustainability of shipping to meet ever changing challenges
Marine insurance - are we really covered?
Case studies
Answers for case studies
A status on the ISBP Revision
Application of a Shari’ah Banking Module to Finance Trade
Local Entrepreneurs are Deprived of The Benefits of Transferable Credits
Hanjin Bankruptcy
UCP600 Article 12 is Definitely An Improvement Over Its Predecessor Article 10 Of UCP500
Receiving Goods/Services Under A Documentary Credit – An Importer’s Perspective
Improving Cash Flow Through Factoring or Forfaiting
ISBP 745 is Now Available
Preventing Terrorism Financing in Trade Finance – What to Look Out For
Negotiation of Documents by Banks under Documentary Credits Available with Another Bank
Transferable Credits
Banks Must Move to the Next Level of The Global Trade Financing
Trade Finance, quo vadis?

Office Bearers Of TFAB for 2017/2018

Council Members

-: :-

S&P UPGRADES SRI LANKA SOVEREIGN RATING TO CCC+ ON ECONOMIC RECOVERY

On 19th Sept 2025, S&P Global Ratings has upgraded Sri Lanka’s sovereign rating to CCC+ from Selective Default (SD) on a stable outlook citing the island nation’s economy has recovered steadily, marking a significant milestone in its post-crisis recovery. It has been the first rating improvement by the S&P since the unprecedented crisis three years ago.

EDB reports that the highest monthly export earnings recorded in July 2025

The Sri Lanka Export Development Board (EDB) reports that the highest monthly export earnings recorded in the country were achieved in July. 🇱🇰 EDB Chairman Mangala Wijesinghe stated that export earnings rose to USD 1,641 million during the month of July. He made this announcement while addressing a media briefing organized by the Government Information Department. “This marks the highest monthly export growth Sri Lanka has ever achieved. Export income from the goods sector increased to USD 1,304 million, showing a 15.37% growth compared to last year. The services sector earned USD 337 million in export income. We’ve seen significant growth in apparel, tea, coconut-based products, processed foods, jewellery, vegetables, and fruits. In the services sector, transport showed a notable 14% increase in export earnings. The United States remains our largest export destination, with over USD 275 million in exports. Germany saw a 57% increase. We also observed remarkable growth in export income to countries like Italy, India, and Australia during July,” he said.

“A” grade in Global Finance’s 2025 Central Banker Report Cards.

Dr. P Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has once again been recognized on the global stage, receiving an “A” grade in Global Finance’s 2025 Central Banker Report Cards. 🇱🇰 This marks the third consecutive year that Dr. Weerasinghe has earned the prestigious honor, underscoring his consistent leadership and strategic acumen in navigating Sri Lanka’s economic challenges. The “A” grade reflects exceptional performance across key areas including inflation control, currency stability, interest rate management, economic growth, and political independence. Global Finance’s annual report evaluates central bank governors from over 100 countries, making this recognition a significant testament to Dr. Weerasinghe’s impact. This accolade not only highlights the Governor’s personal achievements but also reinforces the Central Bank of Sri Lanka’s commitment to fostering economic stability and resilience. Under his stewardship, the institution has played a pivotal role in steering the country through turbulent financial times, maintaining investor confidence and laying the groundwork for sustainable growth.

A groundbreaking development for Sri Lanka’s property sector

A groundbreaking development for Sri Lanka’s property sector, Real Estate Academy has officially launched the nation’s first fully online Certificate and Diploma programs in Real Estate, setting a new benchmark in professional real estate education

Sri Lanka’s apparel exports grew by 5.2% in June 2025 compared to the same month last year, with notable gains in the EU (+23.1%) and UK (+20.4%) markets, offsetting declines in the USA (-5.7%) and other regions (-9.3%).

Sri Lanka’s export sector has shown strong momentum in the first half of 2025, with total earnings reaching USD 8.33 billion, marking a 6.7% increase compared to the same period in 2024, according to the Export Development Board (EDB). The growth reflects notable progress across both merchandise and services exports, with June alone contributing USD 1.46 billion, an 8.73% year-on-year increase. Merchandise exports in June 2025 rose by 6.85%, totaling USD 1.15 billion. From January to June, merchandise exports reached USD 6.5 billion, up 5.86% from the previous year.Services exports for June were estimated at USD 309.61 million, a 16.38% increase. Overall services exports for the first half of 2025 are estimated at USD 1.8

The Sri Lanka Ports Authority (SLPA) has recorded a significant 66% increase in profits

The Sri Lanka Ports Authority (SLPA) has recorded a significant 66% increase in profits during the first six months of 2025 compared to the same period last year

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