In January 2025, the overall year-on-year inflation rate, as measured by the CCPI, stood at 2.3%. By December 2025, this rate slightly decreased to 2.1%. […]
Month: January 2026
Sri Lanka Stock Market Declines, Driven by Capital Goods and Banking Turnover
The Colombo Stock Exchange in Sri Lanka closed lower on Friday, with Colombo Dockyard making a significant contribution to the market turnover. The All Share […]
CBSL’s Crackdown on Plantation Schemes Highlights Regulatory Void and Confusing Signals to Investors
The Central Bank of Sri Lanka’s recent warning that it is investigating 18 institutions and individuals over alleged illegal plantation-based investment schemes has sparked debate […]
Visa and NDB Bank Pioneer Card Present Connect to Revolutionize POS Acceptance in Sri Lanka’s Market
Visa, a global leader in digital payments, in collaboration with National Development Bank PLC (NDB Bank), has introduced Card Present Connect (CPC) in Sri Lanka. […]
Sri Lanka’s Hansana Balasuriya Secures Prestigious Title at 53rd Miss Intercontinental Pageant in Egypt
Hansana Balasuriya, representing Sri Lanka, secured the Strength and Harmony special title at the 53rd Miss Intercontinental pageant, which took place on January 29 in […]
Sri Lanka Tourism Shines at CMT 2026 in Stuttgart, Germany
Sri Lanka Tourism marked its presence at CMT 2026, held in Stuttgart, Germany, one of the largest consumer travel fairs in Europe. The Sri Lanka […]
DFCC Bank of Sri Lanka Announces 12% Debenture Listing
DFCC Bank in Sri Lanka has announced the receipt of approval from the Colombo Stock Exchange to list debentures amounting to 10 billion rupees, bearing […]
Joseph Fraser Memorial Hospital Trust Enhances Histopathology Services at University of Sri Jayewardenepura
The Joseph Fraser Memorial Hospital Trust (JFMH Trust), a registered non-profit charity in Sri Lanka, has committed to enhancing and modernizing histopathology services at the […]
Sri Lanka Finalizes Agreement with RPCs to Boost Estate Sector Wages
FINANCIAL CHRONICLE – Sri Lanka’s Ministry of Plantation and Community Infrastructure has formalized an agreement with regional plantation companies (RPCs) to raise the daily wages […]
SLIM-Kantar People’s Awards 2026 to Honor Sri Lanka’s Most Trusted Brands and Personalities
The SLIM-Kantar People’s Awards 2026 is set to once again honor Sri Lanka’s most trusted brands, personalities, and organizations, reinforcing its status as the nation’s […]
BOC Launches Sri Lanka’s Largest-Ever Sustainability Bond Issue
The Bank of Ceylon (BOC) celebrated the listing of its first Basel III-compliant Tier II Sustainability Bond with a bell ringing ceremony at the Colombo […]
Sri Lanka’s Private Sector Credit Growth Decelerates in December: Central Bank Official
Credit to Sri Lanka’s private sector experienced a slowdown in December after maintaining a steady rate of around 200 billion rupees per month, according to […]
Allianz Celebrates Seventh Year as the World’s Leading Insurance Brand
Allianz has been honored once again as the World’s No. 1 Insurance Brand in the Interbrand Best Global Brands 2025 ranking, marking its seventh consecutive […]
Russel’s (Pvt) Ltd Unveils 2025 Award Ceremony Plans at Press Conference
Russel’s (Pvt) Ltd held a press conference at its Borella office with the presence of the 2025 award recipients, marking a significant milestone in the […]
Enhancing Sri Lanka’s SSB Regulations: Tackling the Surge in Non-Sugar Sweeteners
Non-communicable diseases (NCDs), which account for nearly 75% of all deaths, have become a significant health challenge in Sri Lanka over the past few decades. […]
Sri Lanka’s Central Bank to Sustain Dollar Acquisitions Through January
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka will persist in its efforts to purchase US dollars from the market throughout January, following several […]
Sri Lankan Rupee Strengthens as Bond Yields Remain Stable
FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee was quoted at 309.10/20 against the US dollar in the spot market, showing an improvement from 309.58/63 […]
Indonesia Stock Exchange CEO Steps Down Amidst $80 Billion Market Turmoil
The head of the Indonesia Stock Exchange resigned on Friday following a warning from the index provider MSCI about a potential downgrade to “frontier” market […]