FINANCIAL CHRONICLE – On Thursday, Sri Lanka’s rupee was quoted at 309.58/63 against the US dollar in the spot market, showing a slight improvement from […]
Month: January 2026
Gold Approaches $5,600/oz Amid Investor Caution, Silver Targets $120
Spot gold extended its impressive rally on Thursday, reaching a record high just below $5,600 per ounce as investors turned to safe assets amid ongoing […]
The Stake Without the Steering Wheel: Hayleys, Harischandra, and the Anatomy of Power on the CSE
In Sri Lanka’s stock market, ownership is not always power. Sometimes it is merely presence without control. The evolving contest around Harischandra Mills PLC — […]
Was it really Chichi’s Rocket? — Myth, Money, and the Satellite Nobody Funded … except for Manivanan the Entrepreneur
It has been 13 years since Sri Lanka’s much-debated satellite launch — the project that entered national folklore as “Chichi’s Rocket” — yet the real story remains more tangled […]
From Seizure to Silence: Sri Lanka’s Most Profitable Black Box
In Sri Lanka, narcotics seizures arrive with choreography. A press conference.A table of neatly stacked packets.A senior officer pointing gravely at contraband. A headline that […]
Sri Lanka signs IFC-Australia pact to boost the coconut industry and exports
Sri Lanka’s Ministry of Plantation and Rural Infrastructure has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World […]
John Keells Holdings’ December Profits Surge 128% Boosted by BYD and Casino Ventures
FINANCIAL CHRONICLE – John Keells Holdings (JKH) of Sri Lanka reported a significant increase in profits, rising by 128 percent to 6.5 billion rupees for […]
IMF Announces Postponement of EFF Fifth Review, Not Suspension
The International Monetary Fund (IMF) clarified that Sri Lanka’s Extended Fund Facility (EFF) program is not on hold, although the fifth review has been postponed […]
Sri Lanka Unveils First E-Gates to Enhance Border Security and Health Resilience
Sri Lanka has inaugurated its first Automated Border Control (ABC) e-gates at Bandaranaike International Airport (BIA), marking a significant step towards establishing a modern aviation […]
Sri Lanka IRD Initiates Strategic Field Program to Expand Tax Base
FINANCIAL CHRONICLE – Sri Lanka’s revenue collection authority has launched a special field observation program in Colombo and its surrounding areas to enhance tax compliance […]
Sri Lanka’s Sugar Reduction Policies Spark Surge in Artificial Sweetener Use, Reports IPS
Sri Lanka’s efforts to reduce sugar consumption have led to an increased use of non-sugar sweeteners (NSS) by manufacturers, according to the Institute of Policy […]
CBSL Governor Confirms Cyclone Ditwah’s Minimal Effect on Sri Lanka’s Economic Growth
Despite the initial shock, the impact of Cyclone Ditwah, which caused widespread devastation in several parts of the country, is unlikely to affect Sri Lanka’s […]
Hayleys Mobility Launches OJ (OMODA & JAECOO) in Sri Lanka, Pioneering Premium Sustainable Mobility
Sri Lanka’s automotive sector has made a significant move towards more sustainable and intelligent transportation options with the official launch of OJ (OMODA & JAECOO) […]
Sri Lanka Treasury Bill Yields Experience Broad Decline
At the most recent auction, Sri Lanka experienced a decline in Treasury bill yields across all maturities, according to data released by the Public Debt […]
Chokolaate Launches Designer Call-Out for Prestigious MDFD Fashion Competition
Chokolaate, Sri Lanka’s leading youth-centric media platform, has officially announced the call for designers to participate in the highly anticipated Mother-Daughter Fashion Designer (MDFD) contest. […]
Sri Lanka Stocks Surge on Strong Earnings and Positive Sentiment
The Colombo Stock Exchange in Sri Lanka experienced an uptick on Wednesday, as investor interest returned, buoyed by positive corporate earnings and the central bank’s […]
Protected: India Cup 2026 Golf Tournament Honors Sporting Excellence and Strengthens Indo-Lanka Friendship
There is no excerpt because this is a protected post.