Sri Lanka’s rupee commenced trading at 310.00/25 against the US dollar in the spot market on Wednesday, showing a slight depreciation from the previous day’s […]
Month: December 2025
Highest revenue in 93-year history of Inland Revenue collected in 2025
The Inland Revenue Department achieved a remarkable milestone in 2025 by collecting Rs. 2,203 billion in revenue, marking the highest amount in its 93-year history. […]
MAS Athlete Training Academy Partners with SLIIT to Champion Athlete Education
The MAS Athlete Training Academy (MATA) has taken a significant step in bolstering the holistic development of athletes by formalizing a landmark Memorandum of Understanding […]
Gold rebounds, poised to cap off best year in over four decades
Precious metals saw a rebound on Tuesday following a sharp decline in the previous session, as the market’s focus shifted back to geopolitical and economic […]
Australia’s Top Influencer Luana Ostling Arrives in Sri Lanka for Exclusive 10-Day Luxury Travel Tour
Sri Lanka Tourism is delighted to host Australia’s renowned content creator, Luana Ostling, as part of an ambitious campaign to reignite international travel and position […]
Sri Lanka interest rates edge up over 2025
In 2025, Sri Lanka experienced a rise in interest rates, which analysts suggest has reduced the risk of a second sovereign default, despite reserve collections […]
Turning Point: A Year of Recovery We Keep Declaring – and Rarely Delivering
Sri Lanka does not welcome the New Year; it limps into it, insisting recovery is underway while the balance sheet says otherwise. The past year was […]
Sri Lanka Releases Comprehensive Macro-Economic Review and Forecast 2026
Colombo, Sri Lanka — LankaBIZ has published its much-anticipated Sri Lanka: Macro Economic Review & Forecast 2026, offering a detailed assessment of the nation’s economic performance and […]
Sri Lanka approves Japan-funded automated clearance gates at BIA
The Cabinet of Ministers in Sri Lanka has sanctioned the installation of four automatic passenger clearance gates at the departure terminal of Bandaranaike International Airport […]
Socialist anti corruption drive should never stop!
In 1977, Sri Lankans voted out their Socialist government, largely due to widespread corruption, which many attributed to excessive state controls. The succeeding administration, which […]
Sri Lanka to give 3-pct cyclone recovery loans for businesses
FINANCIAL CHRONICLE – The Sri Lankan cabinet has sanctioned a fund allocation of 5 billion rupees to provide recovery loans to businesses affected by the […]
PRASL-Led Forum Sees Global PR Expert Farzana Baduel Address Sri Lankan Leaders on Reputation Management
Farzana Baduel, President-elect of the Chartered Institute of Public Relations (CIPR, UK), recently emphasized Sri Lanka’s resilience and its increasing significance in regional communication. She […]
Sri Lanka sells Rs43.18bn in 2030 and 2037 bonds
FINANCIAL CHRONICLE – Sri Lanka successfully raised 43.18 billion rupees through the sale of bonds maturing in 2030 and 2037, according to data from the […]
Sri Lanka to send more workers to Israel
FINANCIAL CHRONICLE – Sri Lanka is set to enter into an agreement with Israel to facilitate the employment of more Sri Lankan workers in the […]
Sri Lanka to liquidate SOE set up to manage expressways
FINANCIAL CHRONICLE – Sri Lanka’s cabinet of ministers has approved a proposal to liquidate the Sahasya Investment Company, a state-owned enterprise initially established to manage […]
Singer Expands Its Luxury Footprint with the Grand Unveiling of ‘Signature by Singer’ at One Galle Face
Singer Sri Lanka PLC, the country’s most trusted home and lifestyle brand, has proudly announced the launch of Signature by Singer, a premium home and […]
The biz barometer stumbles amid climate disruption and its massive aftershocks
Sri Lanka’s delicate economic recovery has been severely disrupted by Cyclone Ditwah, marking the most devastating natural disaster to hit the island since the 2004 […]
Sri Lanka SEC explores Infrastructure, Municipal Bonds to fund govt-funded projects
Sri Lanka’s Securities and Exchange Commission is considering the introduction of infrastructure and municipal bonds as alternative funding mechanisms for key projects traditionally financed by […]