The Embassy of Sri Lanka in Bangkok has played a pivotal role in facilitating Sri Lanka’s significant participation at the 73rd edition of the Bangkok […]
Month: February 2026
Prime Lands Secures Lease on UDA Land Occupied by Otters Club in Sri Lanka
Prime Lands Residencies has announced a 99-year lease agreement with Sri Lanka’s Urban Development Authority (UDA) for a mixed development project on a parcel of […]
Russel’s Catering Launches New Outlet at Orion City IT Hub Food Court
Russel’s Catering has recently launched a new outlet in Orion City’s IT Hub food court, aiming to bring its celebrated flavors closer to Colombo’s tech […]
Sri Lankan SMEs Expand Global Reach at IHGF Delhi Fair Spring 2026, Forge Business Connections in Mumbai
The Sri Lanka Export Development Board (EDB), in partnership with the Sri Lanka High Commission in New Delhi and the Sri Lanka Consulate General in […]
LankaPay Expands with 260 Government Institutions, Aims to Double by 2026
FINANCIAL CHRONICLE – Lankapay, Sri Lanka’s payment network operator, announced that it has successfully enrolled approximately 260 government institutions into its services and aims to […]
Janashakthi Life Extends Vital Support to Rural Students Affected by Cyclone Ditwah
Janashakthi Life, a prominent entity in the insurance sector and a subsidiary of JXG (Janashakthi Group), has recently completed a community-centric Corporate Social Responsibility (CSR) […]
JXG Revolutionizes Finance with Strategic Diversification and Visionary Growth Plans
JXG (Janashakthi Group) is redefining the future of Sri Lanka’s financial industry with its vision of “Breaking Barriers, Forging Futures.” As a financial conglomerate, JXG […]
Hayleys of Sri Lanka Set to Secure Rs7 Billion Through Debenture Offering
FINANCIAL CHRONICLE – The Sri Lankan conglomerate Hayleys Plc has announced its intention to issue up to 70 million debentures to raise a total of […]
Sri Lanka Central Bank Investigation Uncovers 24 Pyramid Schemes
The Central Bank of Sri Lanka has identified 24 companies operating as pyramid schemes, according to a recent investigation. These companies have been deemed as […]
John Keells Consumer Foods Sector Triumphs with Multiple Honors at 2025 TAGS Awards
The John Keells Consumer Foods Sector (JKCF) has once again showcased its leadership in financial reporting excellence by securing multiple accolades at the esteemed CA […]
Colombo Residential Land Prices Surge by 12.4% in Second Half of 2025
In the Colombo District of Sri Lanka, residential land prices experienced a 12.4 percent increase in the second half of 2025 compared to the same […]
Colombo Land Prices Surge in Second Half of 2025
The Land Valuation Indicator (LVI) for the Colombo District experienced a significant increase of 10.6% during the second half of 2025, compared to the corresponding […]
Sri Lankan Rupee Stabilizes as Bond Yields Hold Steady
On Thursday, Sri Lanka’s rupee was quoted at 309.33/37 against the US dollar in the spot market, according to dealers. Meanwhile, bond yields remained broadly […]
Global Debt Reaches Unprecedented $348 Trillion in 2025 Due to Increased Government Spending, Reports IIF
Global debt reached an unprecedented $348 trillion by the end of 2025, following a substantial increase of nearly $29 trillion over the year, marking the […]
U.S. Delegation Explores Strategic Investments in Sri Lanka’s Graphite Industry
A delegation from the Montana State Partnership Program recently engaged in discussions with Sri Lanka’s Ambassador to the United States, Mahinda Samarasinghe, to explore potential […]
Bondholders to Decide on Debt Restructuring for Sri Lanka’s State Airline in March
Holders of defaulted SriLankan Airlines debt are set to vote on March 18 regarding an exchange for government bonds, a move that could finalize the […]
Sri Lanka’s Influential Spymaster Suresh Salley Arrested: An In-Depth Analysis
The arrest of Major General Suresh Salley, the former head of Sri Lanka’s State Intelligence Service (SIS) and Military Intelligence, on February 25, 2026, represents […]
Sri Lanka Stocks Rise with Boost from Diversified Financials and Capital Goods
Sri Lanka’s Colombo Stock Exchange experienced a slight uptick on Wednesday, with capital goods and diversified financials driving the turnover. The All Share Price Index […]