BYD, in collaboration with its authorized distributor John Keells CG Auto, has ascended to the forefront of the brand-new vehicle market, heralding a new chapter […]
Month: January 2026
Cinnamon Life Unveils Master Potter Exhibition: “Shadows of a Pre-Renaissance Era”
Cinnamon Life at City of Dreams is set to host Shadows of a Pre-Renaissance Era, an exhibition by Master Potter Ajith Mohan Perera. This event […]
Emirates and Marriott International Introduce World’s First Ritz-Carlton Lodge in Australia’s Wolgan Valley
Emirates and Marriott International, Inc. (NASDAQ: MAR) have entered into an agreement to launch Emirates Wolgan Valley, a Ritz-Carlton Lodge. This 40-key, all-inclusive luxury lodge […]
Sri Lanka Secures Agreement with IMF to Maintain Current EFF Terms
Sri Lanka has successfully negotiated with the International Monetary Fund (IMF) to maintain the terms of the Extended Fund Facility (EFF) following a visit by […]
Cricket’s Oldest Rivalry Meets Its Newest Excuse: Pakistan, the World Cup, and the Politics of Participation
The 2026 T20 World Cup has not yet begun, but already it has delivered its most familiar spectacle: Pakistan threatening not to turn up. Officially, […]
China’s Green BRI: Rebranding, Reform – or the Same Road with Better Signage?
When China began speaking the language of green development within its Belt and Road Initiative (BRI), scepticism was inevitable. After a decade defined by concrete, steel, ports, […]
Sri Lanka Clinches Bilateral Debt Relief Agreement with Belgium’s Credendo
Sri Lanka has formalized a bilateral agreement with Belgium’s export credit agency, Credendo, to reschedule 9.6 million euros of outstanding external debt, according to the […]
National Export Development Plan 2025–2029 Gains Insight from Validation Workshops
The Sri Lanka Export Development Board (EDB), in collaboration with the Asian Development Bank (ADB) under the Policy-Based project of the Ministry of Industry and […]
IMF Concludes Sri Lanka Visit, Prepares for Upcoming EFF Policy Discussions
An International Monetary Fund (IMF) team, led by Mission Chief Evan Papageorgiou, concluded a six-day visit to assess the impact of Cyclone Ditwah and discuss […]
IMF Delegation Wraps Up Crucial Visit to Sri Lanka
The International Monetary Fund (IMF) team, led by Mission Chief Evan Papageorgiou, has concluded its visit to Sri Lanka. The team arrived in Colombo on […]
Hemas Acquires Majority Stake in Kenyan Manufacturing Firm
FINANCIAL CHRONICLE – Hemas Holdings, a prominent Sri Lankan conglomerate, has received approval from the Competition Authority of Kenya (CAK) to acquire a 75 percent […]
LVL Energy Fund of Sri Lanka Launches Rs507 Million Rights Issue
FINANCIAL CHRONICLE – Sri Lanka’s LVL Energy Fund is planning to generate 507 million rupees through a rights issue. The offer will be structured at […]
Exquisite Nikah & Waleema Celebration at Hilton Colombo Residences’ Union Ballroom
Hilton Colombo Residences is proud to announce “A Celebration of Nikah & Waleema,” an exclusive wedding showcase tailored for couples planning their Nikah and Waleema […]
Sri Lankan Rupee Steady as Short-Term Bond Yields Decline
FINANCIAL CHRONICLE – On Wednesday, the Sri Lankan rupee was quoted at 309.65/80 against the US dollar in the spot market, remaining relatively stable from […]
Gold Surges Beyond $5,200 Amid Dollar’s Four-Year Low Decline
Gold surpassed the $5,200 mark for the first time on Wednesday, following a rise of more than 3% on Tuesday. This surge occurred as the […]
Record 223,000 Tourists Arrive in 2026
As of 2026, Sri Lanka has welcomed a total of 223,645 tourists, according to the Sri Lanka Tourism Development Authority (SLTDA). The data highlights that […]
Janashakthi Finance Achieves 35% Surge in Net Operating Income and LKR 389 Million PBT in Q3 FY26
Janashakthi Finance PLC, previously known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has reported robust financial performance for the nine-month period […]
Sri Lanka’s Central Bank Maintains OPR at 7.75% in Line with Expectations
The Central Bank of Sri Lanka has decided to maintain its Overnight Policy Rate (OPR) at 7.75%, according to a statement following its recent meeting. […]