Melsta Hospitals has reached a significant milestone for Sri Lanka’s private healthcare sector, becoming the first hospital in the country to achieve Joint Commission International […]
Month: January 2026
Sri Lanka’s Durdans announces share sub division
FINANCIAL CHRONICLE – Ceylon Hospitals (Durdans) in Sri Lanka has announced plans to seek shareholder approval for a share sub-division. This initiative will involve splitting […]
USD/LKR Spot Rate Breaks Rs. 310 Level
Today, the US dollar exceeded the Rs. 310 threshold against the Sri Lankan rupee for the first time since February 29, 2024, according to data […]
Irredentism and regime change have no place in International law
It is noted with deep consternation that several states In Latin America, the Middle East and elsewhere are ominously threatened with military strikes and other […]
Sri Lanka rupee trading weaker, bond yields steady
On Wednesday, the Sri Lankan rupee was quoted weaker at 310.10/20 against the US dollar in the spot market, compared to the previous day’s rate […]
Sri Lanka stock market trading halted on Wealth Trust error trade
FINANCIAL CHRONICLE – Trading at Sri Lanka’s Colombo Stock Exchange was temporarily halted shortly after the market opened due to an error trade involving Wealth […]
Stock Market Trading Halted Due to Unusual Transactions
Trading activities at the Colombo Stock Exchange (CSE) were temporarily suspended at 9:53 a.m. today, October 7, due to unusual trading patterns observed in a […]
US Ambassador Julie Chung to leave Sri Lanka after nearly four years
The US Ambassador to Sri Lanka, Julie Chung, is set to depart the island nation on January 16, marking the conclusion of her nearly four-year […]
Venezuela to export $2 billion worth of oil to US in deal with Washington
Caracas and Washington have reached an agreement to export up to $2 billion worth of Venezuelan crude oil to the United States, as announced by […]
Sri Lanka planning to bring power generation cost below Rs25 rupees: Minister
Sri Lanka’s Ministry of Power is working on reducing electricity generation costs to 25 rupees per unit by mid-2025 through competitive bidding, according to Energy […]
Cinnamon Hotels & Resorts’ Acceleration of Gender Inclusion and the Ripple Effect of Female Leadership
Cinnamon Hotels & Resorts is enhancing its commitment to gender inclusion across its properties, with female participation now at 19.5%. This marks significant progress toward […]
Making Waves of Change: OSC Raises LKR 1.1 Million for Colombo Friend-in-Need Society
At the SAISA Swimming 2025 Meet, a three-day event, The Overseas School of Colombo (OSC) transformed sport into a service initiative, successfully raising LKR 1.1 […]
Sri Lankan Innovation Takes Centre Stage at Asia Awards 2026
Sri Lanka marked a significant achievement in innovation and industrial engineering as Rohan De Lanerolle Snr, aged 80, received five prestigious awards at the Asia […]
XpressJobs Partners with ESOFT Uni to Strengthen Structured Internship Pathways for Undergraduates
Picture 1 (Left to Right) : Ms, Illakiya Rajendran : Manager, HR & Operations (XpressJobs), Mr. Joe Peter: Head of Sales (XpressJobs), Dr. Oshadie Korale: COO / Director (XpressJobs), Mr Amila Bandara: Chief Operating Officer (ESU), Dr. Dillina Herath: Pro Vice Chancellor (ESU Colombo), Mr. Dulain Rajapakse: Head of Digital Innovation & Distance Learning (ESU). Ms. Vishwa Danthanarayana: Industry Placement Officer (ESU Corporate), Ms. Ama Panchali: Assistant Manager – Student Relation Unit (ESU Corporate)
Sri Lanka central government debt falls to 93.1-pct by Sept, despite depreciation
According to official data, Sri Lanka’s central government debt decreased to 93.1% of the gross domestic product (GDP) by September 2025, down from 96.1% at […]
Gaza: Aid Is Getting In – But Not Nearly Enough
The humanitarian situation in the Gaza Strip remains dire, despite occasional announcements of aid deliveries and ceasefire punctuations. On the surface, the story often reads […]
UK Reaction to Maduro’s Capture: Cautious, Non-Committal, and Acutely Aware of the Rules-Based Order
Britain’s response to one of the most extraordinary episodes in contemporary geopolitics has been defined not by heat, but by restraint — and, for some […]
Top 3 Listed Sri Lankan Companies by EBITDA
1) Hayleys PLC — ~Rs 60.0 billion (FY 2024/25) Hayleys reported consolidated EBITDA of approximately Rs 60 billion for the year ended 31 March 2025. This was […]