FINANCIAL CHRONICLE – JPMorgan Chase, a prominent US-based financial institution, has acquired WealthOS, a pensions management firm with offices in Sri Lanka and the UK, […]
Month: January 2026
Suburban Land Values Skyrocket Amidst Stabilizing Urban Expansion – LPI 2025
The Sri Lankan land market experienced solid growth in 2025, with the suburbs of Colombo and districts within the Western Province emerging as pivotal contributors, […]
Sri Lanka Highlights Tourism Opportunities at Vakantiebeurs Fair 2026 in the Netherlands
The Sri Lanka Tourism Promotion Bureau (SLTPB), in collaboration with a delegation of 15 leading local travel and tourism companies, represented Sri Lanka at the […]
ADB Unveils Advisory Group at Davos to Propel Asia-Pacific Private Sector Growth
The Asian Development Bank (ADB) has established a High-Level Private Sector Advisory Group during the World Economic Forum Annual Meeting 2026 in Davos. This initiative […]
Ex-Treasury Secretary Mahinda Siriwardana Engages in Discussions with President
Former Treasury Secretary Mahinda Siriwardana met with President Anura Kumara Dissanayake at the Presidential Secretariat on Thursday, January 22, to discuss Sri Lanka’s economic outlook […]
Sri Lankan Ambassador Confirms Progress in Talks for Direct Ethiopian Flights to Colombo
The outgoing Ambassador of Sri Lanka to Ethiopia, Theshantha Kumarasiri, has confirmed ongoing discussions with Ethiopian Airlines to initiate direct flights between Addis Ababa and […]
Fitch Assigns ‘A-(lka)’ Rating to Sri Lanka’s LB Finance Debt
FINANCIAL CHRONICLE – Fitch Ratings has assigned a final National Long-Term Rating of ‘A-(lka)’ to Sri Lanka’s LB Finance’s proposed listed senior unsecured debentures, which […]
Sri Lankan Rupee Steady as Bond Yields Decline
Sri Lanka’s rupee was quoted at 309.75/80 to the US dollar in the spot market on Friday, showing little change from the 309.75/85 rate of […]
Sri Lanka Insurance Life Honors Leading Sales Achievers at 2025 Star Awards
Sri Lanka Insurance Life (SLIC Life), the nation’s most trusted life insurance provider, recently hosted its prestigious Star Awards 2025 at Cinnamon Life, Colombo. This […]
Gold Surges Past $4,900/oz as Goldman Sachs Projects $5,400 by Year-End
Gold prices have reached a historic peak of $4,904.66 per ounce as of January 22, driven by geopolitical tensions, a weakening US dollar, and expectations […]
DPMC Launches Bajaj Electric Three-Wheeler in Sri Lanka, Pioneering Sustainable Mobility
Bajaj, Sri Lanka’s most trusted three-wheeler brand, represented by David Pieris Motor Company (Private) Limited (DPMC), has announced the launch of the Bajaj Electric Three-Wheeler. […]
China Backs Sri Lanka’s Agricultural Revival Efforts
A meeting addressing the challenges in Sri Lanka’s agriculture sector and related environmental issues was convened yesterday morning at the Presidential Secretariat. This discussion was […]
Sri Lanka’s Interbank Rates Decline as Central Bank Increases Dollar Purchases
Easing of Sri Lanka’s interbank rates over the past week is being observed, highlighted by a decline in both call money and gilt-backed repo rates, […]
Port City Approved Buildings — Not Strategy, Says Ravi Karunanayake
Harsha Vs HarshaPort City’s First Signal Was the Wrong One When the names of the four Port City approvals were finally disclosed, the controversy did […]
MADE IN SRI LANKA Eng. Nahil Wijesuriya: The Long Game of Building
Sri Lanka has never suffered from a shortage of businessmen. What it has struggled to produce consistently are builders — individuals who begin with a […]
Bay One Residences Unveiled in Colombo’s China-Funded Port City
FINANCIAL CHRONICLE – ICC, an engineering and construction group, has launched Bay One Residences Colombo, an apartment project located in Sri Lanka’s China-backed Port City […]
Sri Lanka Expands Treasury Bill Offerings with Additional Rs25bn Sale
FINANCIAL CHRONICLE – Sri Lanka’s public debt management office has successfully sold treasury bills worth 25,018 million rupees on tap, with average yields of 7.93 […]