During its recent meeting, the Monetary Policy Board resolved to keep the Overnight Policy Rate (OPR) steady at 7.75%. This decision followed a thorough assessment […]
Month: January 2026
Sri Lanka Boosts Digital Economy with GovPay Expansion Across 55,000 Dialog eZ Cash Outlets
The Sri Lankan government has enhanced its digital payment facilities by integrating the GovPay platform with the Dialog eZ Cash network, which comprises over 55,000 […]
Cheap2Find Joins AI Mart, Bringing AI-Driven Price and Services
Cheap2Find, the AI-powered price discovery and services search platform, has been officially onboarded to AI Mart, a growing marketplace for artificial intelligence applications and tools. […]
Fitch Reaffirms WindForce Sri Lanka’s ‘A+(lka)’ Rating with Stable Outlook
Fitch Ratings has reaffirmed the National Long-Term Rating of Sri Lanka-based power generator WindForce PLC at ‘A+'(lka), with a Stable Outlook. WindForce’s rating is bolstered […]
HSBC Surpasses $300 Billion Market Value Milestone
Shares in HSBC experienced a notable increase, climbing as much as 3% to reach a new record high on Tuesday. This surge briefly elevated the […]
Sri Lankan Rupee Declines as Bond Yields Hold Steady
Sri Lanka’s rupee concluded trading at 309.65/75 against the US dollar in the spot market on Tuesday, reflecting a decline from the previous day’s rate […]
Sri Lanka Invites Investors to Transform Colombo and Nuwara Eliya with Tourism and Development Initiatives
Sri Lanka is extending opportunities to investors by offering land in Colombo for the development of a high-rise mixed-use project and land near Gregory Lake […]
Sri Lanka Stock Market Steady Amid Interest in JKH, Hayleys, and Dockyard
The Colombo Stock Exchange in Sri Lanka concluded its trading session on Tuesday with a relatively stable performance, showing notable interest in companies such as […]
Sri Lanka Seeks Proposals for Innovative Phosphate Value Addition Initiative
FINANCIAL CHRONICLE – The Sri Lankan cabinet has given the green light to solicit project proposals for a value addition initiative involving rock phosphate, which […]
Sri Lanka Seeks Investors for Ambitious ‘Frolic Island’ Development Near Waters’ Edge
Sri Lanka is actively seeking investors to develop 13.57 acres of land near the Waters’ Edge hotel in Battaramulla into a “Frolic Island,” according to […]
Tess Agro Secures Up to Rs470 Million in Funding Through Debt and Warrants
Sri Lanka’s Tess Agro, a food processing company, is set to issue 2.5 million unsecured debentures to generate 250 million rupees. These debentures will come […]
Seylan Tikiri Launches Landmark Islandwide Initiative to Enhance Children’s Financial Literacy
Seylan Tikiri, recognized as the leading minor savings account in Sri Lanka, has celebrated World Children’s Month (WCM) for the 12th consecutive year, marking a […]
JAT Predicts Gradual Recovery in Sri Lanka’s Paint Demand Following Cyclone Disruptions
Sri Lanka’s demand for paint is gradually recovering after disruptions caused by Cyclone Ditwah, with varying recovery rates across different geographical regions, according to Nishal […]
Foreign Investors Continue to Divest from Sri Lanka Rupee Bonds for Second Consecutive Week
Foreign investors continued to divest from Sri Lankan government securities for the second consecutive week ending January 21, according to data released by the Central […]
ComBank Enhances WSME and Agri SME Financing with $60 Million IFC Risk Sharing Facility
Reinforcing its position as Sri Lanka’s largest lender to small and medium enterprises (SMEs), the Commercial Bank of Ceylon has partnered with the International Finance […]
Ceylon Cold Stores Reports 22% Profit Surge in December 2025 Quarter
FINANCIAL CHRONICLE – Ceylon Cold Stores Plc, a prominent consumer goods and retail group in Sri Lanka, reported a 22 percent increase in profits, reaching […]
SLASSCOM Elevates 25 Sri Lankan Startups to Global Prominence
The Sri Lanka Association for Software and Services Companies (SLASSCOM) is significantly enhancing Sri Lanka’s startup ecosystem by providing 25 promising local startups with exceptional […]
Sri Lankan Rupee Strengthens as Bond Yields Remain Stable
FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was quoted at 309.55/60 against the US dollar in the spot market, showing an improvement from […]