Sri Lanka’s cabinet of ministers has given the green light to resume construction on Phase III of the Baseline Road Extension Project, according to Minister […]
Month: January 2026
Sri Lanka Allocates Rs4.3bn for Dumbara Prison Expansion and Forensic Staff Recruitment
FINANCIAL CHRONICLE – The construction of the new Dumbara prison in Sri Lanka, with an estimated cost of 4,363 million rupees based on the latest […]
Colombo Dockyard Launches New Share Listing Following Successful Rights Issue
Sri Lanka’s Colombo Dockyard has successfully listed 323,365,158 new ordinary voting shares following a rights issue. The company announced in a stock exchange filing that […]
Hela Apparel of Sri Lanka to Divest Mauritius Subsidiary in Strategic Restructuring Move
FINANCIAL CHRONICLE – Hela Apparel Holdings of Sri Lanka is contemplating the sale of up to 65 percent of its subsidiary, Hela Brands Ltd (Mauritius), […]
NSBM Green University Launches 2026 Degree Program Intake on February 23
The inauguration ceremony for the 2026 intake of degree programs at NSBM Green University is set to take place on February 23. Despite the GCE […]
CSF Report Highlights Unreliability of Sri Lanka’s Environmental Impact Data
A report by the Centre for a Smart Future has highlighted the inadequacies in reporting social impacts within Environmental Impact Assessments (EIAs) conducted in Sri […]
DFCC Bank Shines at 41st Mercantile Inter-Firm Team Badminton Championships
DFCC Bank’s Badminton Team demonstrated remarkable prowess at the 41st Mercantile Inter-Firm Team Badminton Championships, organized by the Mercantile Badminton Association of Sri Lanka. This […]
Hemas Unveils Strategic Transformation for Accelerated, Data-Driven Growth
Hemas Holdings PLC today unveiled a transformative initiative, Project Fusion, designed to propel the Group’s growth by enhancing decision-making speed, agility, and data-driven capabilities. This […]
Sampath Bank Unveils Women’s Entrepreneurial Pitch for Growth Initiative
Sampath Bank PLC is further establishing its role as a catalyst for inclusive economic growth through its “200 Women Startups Development Programme,” initiated under the […]
Asian Paints Causeway Sets New Industry Benchmark with ‘Night of Champions’ Auto Refinish Launch
Asian Paints Causeway, a leading force in the auto refinish sector, recently marked a significant milestone in automotive innovation at its “Night of Champions” event. […]
Sri Lankan Rupee Declines as Bond Yields Decrease
The Sri Lankan rupee was quoted at 309.75/85 against the US dollar in the spot market on Tuesday, compared to 309.72/77 the previous day, according […]
SOLA Festival’s Revival: Pioneering a Sustainable Model for Conscious Festival Culture
The SOLA Festival is set to make a return to Sri Lanka’s south coast, continuing its evolution as a cultural movement dedicated to redefining festivals […]
Two Tourist Sri Lankas: The Cultural Triangle and the South Coast
Sri Lanka talks about tourism as if it were a single creature. It isn’t. It is at least two different animals, fed differently, housed differently, […]
TikTok Unveils Q3 2025 Community Guidelines Enforcement Report
TikTok has unveiled its Q3 2025 Community Guidelines Enforcement Report, highlighting its continuous efforts to foster a secure digital environment for its users. The report, […]
President Reviews Ambitious 2026 Strategy for Advancing the Digital Economy
A meeting was convened yesterday morning at the Presidential Secretariat to review the progress of projects implemented under the Ministry of Digital Economy for 2025 […]
Tech-Driven Surge Steadies Global Economy After Tariff Turmoil
Risks are mounting, particularly due to the concentration of tech investment and the adverse effects of trade disruptions, which may accumulate over time. The International […]
When an IPO Breaks the System —and the System Has Nowhere Else to Go
Markets are meant to discover price. Last week, Sri Lanka’s stock market briefly discovered something more awkward: the limits of its own plumbing. On the […]