The World Bank’s Executive Director, Parameswaran Iyer, along with David Sislen, the Country Director for Maldives, Nepal, and Sri Lanka, is currently visiting Colombo, as […]
Month: February 2026
Medihelp Expands into Southern Province with 20th Branch in Ambalangoda
Medihelp Hospitals, Sri Lanka’s largest primary healthcare network and fastest-growing healthcare chain, officially inaugurated its 20th facility in Ambalangoda on January 29, 2026. This milestone […]
L S I Jayarathna Takes Office as Sri Lanka’s New Auditor General
Sri Lanka’s 42nd Auditor General, L S I Jayarathna, has officially received her letter of appointment, as announced by the President’s Media Division. Jayarathna, who […]
Sterling Steels Partners with University of Moratuwa to Propel Industry-Led Research and Innovation
Sterling Steels Limited has entered into a strategic collaboration with the University of Moratuwa’s Department of Civil Engineering by signing a Memorandum of Understanding (MoU) […]
Sri Lankan Rupee Strengthens as Bond Yields Decline
Sri Lanka’s rupee was quoted at 309.30/40 to the US dollar in the spot market on Friday, showing a slight appreciation from the previous day’s […]
Sampath Bank Revolutionizes Corporate and SME Banking in Sri Lanka with Intellect’s eMACH.ai Platform
Intellect Design Arena Ltd., a global leader in enterprise-grade financial technology, has announced a strategic partnership with Sampath Bank PLC. This collaboration aims to enhance […]
NDB Bank and Visa Pioneer Card Present Connect to Revolutionize POS Acceptance in Sri Lanka’s South Asia Market
National Development Bank PLC (NDB Bank), in partnership with Visa, a global leader in digital payments, has introduced Card Present Connect (CPC), an in-person digital […]
Amazon’s Capital Spending Surges by 50%, Shares Experience Downturn
Reuters – On Thursday, Amazon announced a projected increase of over 50% in capital expenditures for this year, aligning with its industry peers in a […]
Sri Lanka’s Central Bank Executes Over $1.1 Billion in Unsterilized Forex Sales to Address Debt Repayment
FINANCIAL CHRONICLE – Recent data from Sri Lanka’s central bank reveals that it has sold 356.1 billion rupees (approximately 1.1 billion US dollars) of foreign […]
Sigiriya Leads the Way in Sustainable Tourism
At a time when tourism often tests the limits of heritage and habitat, Sigiriya offers a counter-argument: that conservation and commerce need not be adversaries. Rising dramatically […]
ROBOTAXIS: The Future Arrived – Then Met the Zebra Crossing
They promised us the future would drive itself. It has — but only in carefully fenced neighbourhoods, at carefully chosen hours, under relentless supervision, and […]
The Case for Robotaxis in Sri Lanka
If Sri Lanka wants to start robotaxis in Colombo, the decision is mostly about safety + regulation readiness, mapping + road complexity, and economics (tourism, […]
Starmer’s Problem Is No Longer Mandelson. It’s Judgment
British politics is ruthless not because it enjoys scandal, but because it has a long memory for judgment failures. The current storm around Keir Starmer is no longer […]
US must be prudent when supplying arms to Taiwan, Xi tells Trump
China’s leader Xi Jinping called Taiwan “the most important issue” in China-US relations during a phone call with US President Donald Trump on Wednesday. Xi […]
Gold: Insurance, Not Euphoria – What the Next 12 Months Are Likely to Bring
Between now and the next 12 months, the yellow metal is unlikely to behave like a speculative asset chasing headlines. Instead, it is set to […]
Commercial Bank of Sri Lanka and GAIA Greenenergy Join Forces to Launch Green Loans and Leases Initiative
Sri Lanka’s Commercial Bank and GAIA Greenenergy Holdings are collaborating to provide green loans and leases, enabling customers to purchase solar power systems at affordable […]
Sri Lanka Rupee Steady as Bond Yields Decline
The Sri Lankan rupee maintained its position against the US dollar, closing at 309.45/50 in the spot market on Thursday, consistent with the previous day’s […]
CSE’s Intense Trading Activity Elevates Turnover to Rs. 11.11 Billion
Trading activity at the Colombo Stock Exchange (CSE) was notably vigorous from the market’s opening today, showcasing strong momentum throughout the early hours of the […]