The Asian Development Bank (ADB) has announced the appointment of Shannon Cowlin as its new Country Director for Sri Lanka. Ms. Cowlin has officially taken […]
Month: February 2026
‘Purple Bin’ Initiative by Fems Ensures Safe Sanitary Disposal for Sri Lankan Schoolgirls
The initiative aims to address the often-overlooked issue of safe disposal, underscoring Fems’ dedication to comprehensive care, extending from education to accessible infrastructure. Fems, a […]
Sri Lankan Rupee Holds Steady as Bond Yields Remain Unchanged
Sri Lanka’s rupee was quoted at 309.38/42 against the US dollar in the spot market on Monday, slightly changing from Friday’s rate of 309.35/45, according […]
Ceylinco Life Celebrates 25 Years of Pranama Scholarships
Ceylinco Life has officially launched the 25th edition of its esteemed Pranama Scholarships programme, underscoring the company’s enduring dedication to honoring and incentivizing excellence among […]
Surging Remittances to Sri Lanka: Unveiling the Untold Stories
Worker remittances to Sri Lanka have reached an unprecedented high of USD 8.076 billion in 2025, marking a 22.8% increase from USD 6.6 billion in […]
Dilmah Tea Warns of Challenging Times Ahead for Growers in 2026
Dilhan C. Fernando, Chairman of Dilmah Tea, has highlighted the potential challenges that 2026 could present, not just for tea growers, but for humanity at […]
Asian Markets Surge with Nikkei Leap and Chip Sector Recovery
Asian markets experienced a significant boost on Monday following the decisive victory of Japanese Prime Minister Sanae Takaichi. This win has increased expectations for further […]
Exterminators PLC Unveils AI-Driven ‘Report Factory’ Platform
Exterminators PLC, Sri Lanka’s leading pest management and environmental enhancement technology company, is thrilled to announce the introduction of its cutting-edge AI-powered Report Factory. This […]
Sri Lanka’s Latest IMF Loan Highlights Fragile Monetary System Amid Foreign Debt Challenges
FINANCIAL CHRONICLE – Sri Lanka’s state finances are witnessing a positive trend as citizens’ incomes approach levels seen before the crisis. However, the newly secured […]
Fitch: Climate Risk Emerges as Key Factor in Sovereign Ratings
Climate risk is poised to become a more significant factor in sovereign ratings, according to Fitch Ratings. The agency has introduced a tool named Climate […]
Parliament, Procedure, and a Suspension That Raises Wider Questions
Kularatne Complains to Bribery Commision A controversy involving Speaker Jagath Wickramaratne has taken a more consequential turn with the suspension of Parliament’s Deputy Secretary General and Chief of […]
The Silence That Spoke Loudest: Where Were the Ranaviru?
In a country that measures its history in decades of conflict and compromise, omissions matter almost as much as declarations. Which is why the recent […]
The Rental Law on Hold: What’s Really Happening — and Why It Matters
Reports that Sri Lanka’s proposed new rental law has been “put on hold” are, broadly speaking, accurate — but incomplete. What has occurred is neither […]
Two Paths to Green: What Sri Lanka and Phuket Tell Us About the Future of Eco-Tourism
Sustainable tourism has become one of the most overused phrases in global travel marketing — invoked liberally, practised unevenly, and understood differently depending on geography. […]
After Ditwah: Is Sri Lanka’s Recovery Unravelling — or Merely Being Tested?
Sri Lanka’s economy, only recently hauled back from the brink, has found itself under renewed scrutiny after Cyclone Ditwah. The questions came fast and predictably: Has the […]
Foreign Investment in Sri Lanka Rupee Bonds Hits 28-Month Peak Following Surge in Demand
Foreign holdings in Sri Lankan government securities reached a nearly 28-month high last week, as offshore investors purchased approximately US$24.2 million worth of bonds, according […]
Brussels Restaurant Unites Eastern and Western Flavors at Europe’s Power Hub
FINANCIAL CHRONICLE – Situated across the square from the European Parliament in Brussels, Tourane Fresh & Pure is a fusion restaurant offering a unique dining […]