Fitch Ratings views the Central Bank of Sri Lanka’s (CBSL) recent reintroduction of a consolidation framework for the banking sector as generally beneficial for the […]
Month: February 2026
Sri Lanka Export Board and German Import Promotion Desk to Sign Strategic Agreement
FINANCIAL CHRONICLE – An agreement between Sri Lanka’s Export Development Board and Germany’s Import Promotion Desk is set to be signed to enhance bilateral cooperation, […]
Sri Lanka Unveils Overhauled National Tariff Policy
The Cabinet of Ministers in Sri Lanka has given the green light to implement an updated National Tariff Policy, following recommendations from the national tariff […]
George Steuart Solutions Reinstates Vital Power to Cyclone Ditwah-Stricken Communities
The aftermath of Cyclone Ditwah left numerous communities across Sri Lanka significantly affected, prompting George Steuart Solutions to assist in recovery efforts, especially in areas […]
Tourist Arrivals Surpass 500,000 Mark in Early 2026
Tourist arrivals in Sri Lanka have exceeded the half-million mark this year, as per the latest data from the Sri Lanka Tourism Development Authority (SLTDA). […]
Sri Lanka’s Service Exports Surge 24.59% in January 2026, Driven by ICT/BPM Sector
Sri Lanka’s services exports in January 2026 have shown a remarkable increase, rising by 24.59% to reach 367.55 million dollars, according to the island’s Export […]
SLID–ACCA National Corporate Director Awards Establish New Standard for Boardroom Excellence
The Sri Lanka Institute of Directors (SLID), in collaboration with ACCA Sri Lanka, reached a significant milestone in the realm of corporate governance with the […]
Sri Lanka’s Goods Exports Surge 10.66% in January, Driven by Coconut, F&B, and Seafood
Sri Lanka’s merchandise exports experienced a notable increase of 10.66 percent, reaching 1,165.02 million dollars in January 2026 compared to the previous year. This growth […]
Supreme Court Ruling Casts Uncertainty on Long-Term US Trade Regime: Fitch
Fitch Ratings, based in New York, reported that the recent U.S. Supreme Court decision on February 20 has significantly impacted the U.S. effective tariff rate […]
Roar Global Expands Regional Influence with Strategic Growth in Bangladesh and Nepal
Roar Global has unveiled the next phase of its regional expansion in South Asia, focusing on structured operational growth in Bangladesh and establishing an exclusive […]
Fairfirst Insurance Unveils New Embilipitiya Branch Location
Fairfirst Insurance has successfully relocated its Embilipitiya branch to new premises situated at No.973/1, Morakatiya Road, Pallegama, Embilipitiya. The branch is now open to the […]
Strong Export Growth Paves Way for Promising 2026 Outlook
Sri Lanka’s export sector launched into 2026 with a robust start, showcasing a notable year-on-year growth of 13.71%, indicating a revitalized momentum in external trade […]
Sri Lankan Rupee Steady as Bond Yields Experience Uptick
On Tuesday, Sri Lanka’s rupee was quoted at 309.35/40 to the US dollar in the spot market, slightly changing from Monday’s rate of 309.36/38, according […]
Cinnamon Hotels & Resorts and Walkers Tours Partner with National Olympic Committee to Boost Sri Lanka’s Sports Tourism
Cinnamon Hotels & Resorts and Walkers Tours have signed a Memorandum of Understanding (MoU) with the National Olympic Committee of Sri Lanka (NOC SL), aligning […]
Capital Alliance Expands Market Influence with Third Closed-End Fund Listing on CSE
The units of the “CAL Three Year Closed End Fund” have been officially listed on the Colombo Stock Exchange (CSE). A total of 841,263,375 units […]
Asian Markets Fluctuate Amid Wall Street Selloff Impact
Asian stock markets faced early turbulence on Tuesday, following a significant selloff on Wall Street that unsettled investors. The market sentiment was adversely impacted by […]
Trump Warns Against Non-Compliance with Court Ruling as Sri Lanka Faces Potential 15% Tariff
FINANCIAL CHRONICLE – President Donald Trump has announced the imposition of a 15 percent global tariff following a Supreme Court decision that invalidated most of […]
A Future Beyond the Postcard: Children, Poverty and Hope in Kolobagama
By Kithmi Gunaratne Tucked into the rural landscape of the Kurunegala District, Kolobagama Temple stands as both monument and mirror, a relic of Sri Lanka’s […]