FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened up on Tuesday, a day after US President Donald Trump claimed he was pausing attacks on […]
Month: March 2026
Ceylon Chamber marks 187 years of supporting business and country
The Ceylon Chamber of Commerce proudly marks its 187th anniversary on 25th March, reflecting a long-standing commitment to supporting Sri Lanka’s businesses and contributing to […]
APAC Sovereigns Face Greater Downside from a Prolonged Iran Conflict
Fitch Ratings – Asia-Pacific sovereign credit profiles face heightened downside risks from a prolonged Iran conflict, as the region’s heavy reliance on imported oil and […]
Sri Lanka’s Rupee Declines Further as Bond Yields Show Signs of Recovery
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.50/314.50 to the US dollar in the spot market on Tuesday, further depreciating from the previous […]
MAS advances Plan for Change strategy as Texo and Noyon facilities become bluesign® System Partners
MAS Holdings, Sri Lanka’s largest apparel manufacturer, announced that two of its subsidiaries, Texo (Pvt) Ltd, a cotton fabric processing mill, and Noyon Lanka, a […]
ComBank empowers mothers through restoration of historic De Soysa Hospital Maternity Ward
The Commercial Bank of Ceylon has undertaken the renovation of Ward No. 03 at the historic De Soysa Hospital for Women in celebration of International […]
Focus Reliance Holdings wins Global Business Excellence and People’s Excellency Awards for microfinance excellence
Focus Reliance Holdings Private Limited has been recognised as the Best Microfinance Provider at the Global Business Excellence Awards 2025, organised by London Business Consultancy […]
Sri Lanka Insurance Corporation General strengthens national health protection as Official Insurance Partner of Medicare 2026
Sri Lanka Insurance Corporation General Ltd. (SLICGL), the nation’s trusted insurer, continues to champion the wellbeing of Sri Lankans through accessible health protection. The company […]
Indian sugar mills rush export deals on record-low rupee, rising global prices
Reuters – Indian sugar mills have returned to the export market, locking in 100,000 metric tons of shipments in a week after a slump in […]
Sri Lanka Implements 12.19% Increase in Bus Fares Following Fuel Price Surge
FINANCIAL CHRONICLE – Sri Lanka state-run and private bus fares will go up by an average of 12.19 percent following the latest hike in fuel […]
Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
Reuters – Oil prices fell by over 13% on Monday after U.S. President Donald Trump announced he would order the military to postpone any strikes […]
Iran Envoy Reveals Sri Lanka’s Unannounced Invitation to US-Torpedoed IRIS Dena
FINANCIAL CHRONICLE – Sri Lanka extended an official invitation to Iranian ships, including the ill-fated IRIS Dena, which was sunk by a US submarine torpedo […]
Sri Lankan Rupee Faces Ongoing Depreciation as Bond Yields Rebound Following Trump Announcement
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 313.00/314.00 to the US dollar in the spot market on Monday, depreciating further from 311.80/312.00 on Friday, […]
ADB Delegation Visits Colombo Port to Review Development Projects and Operations
A high-level delegation from the Asian Development Bank (ADB), led by its President Masato Kanda, conducted a site visit to the Sri Lanka Ports Authority […]
Britol and GP Certified Drive a Revolutionary Shift with the Introduction of Certified Recycled Plastics in FMCG Packaging
In a revolutionary step towards sustainable manufacturing, reducing plastic pollution and creating local jobs, Britol and the Antler Group of Companies partnered with GP Certified […]
Sri Lanka’s National Inflation dips to 1.6% in February 2026
The overall rate of inflation, as measured by the NCPI on a Year-over-Year basis, was 1.6% in February 2026, while inflation calculated for January 2026 […]
Iran Offers Fuel and Essential Supplies to Sri Lanka, Conditional on Requests: Envoy
FINANCIAL CHRONICLE – Tehran is prepared to supply fuel and other essential goods to Sri Lanka if requested, according to the Iranian Ambassador to Sri […]
DFCC Bank Makes Avurudu Spending Go Further with 2026 Card Campaign
As households prepare for the Sinhala and Tamil New Year during a period of rising living costs, DFCC Bank has launched its Avurudu 2026 card […]