BBC – Oil prices rose above $110 (£82.78) a barrel after Iranian media reported an airstrike hitting a facility on the world’s largest natural gas […]
Month: March 2026
Sofia Colombo becomes Sri Lanka’s first GSTC-certified hotel
Sofia Colombo, a prominent hotel in Colombo, is pleased to announce that it has achieved the esteemed GSTC (Global Sustainable Tourism Council) accreditation, being the […]
Sri Lanka Stock Market Dips as Oil Prices Surpass $110 per Barrel
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Thursday with oil prices passing 112 dollars a barrel. The rise in oil prices […]
Middle East War Wipes Off Rs. 1.14 Trillion from Colombo Stock Market
Sri Lanka’s stock market has suffered a significant setback, with over Rs. 1 trillion wiped off its value amid escalating tensions in the Middle East. […]
Sri Lankan Rupee Stabilizes as Bond Yields Rise
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 311.25/40 to the US dollar in the spot market Thursday, from 311.30/50 the previous day, dealers […]
Oil rises 3% after Iran strikes Middle East energy facilities
Reuters – Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on […]
AI Mart Rolls Out Mobile App to Scale Sri Lanka’s AI Adoption
Colombo – AI Mart has launched the mobile version of its AI marketplace, in a move aimed at accelerating artificial intelligence adoption across Sri Lanka’s […]
UN Global Compact Network Sri Lanka Spearheads Corporate Sustainability Ecosystem Building with New Patrons and Partners
UN Global Compact Network Sri Lanka (Network Sri Lanka) convened corporate leaders and partners yesterday for a Memoranda of Understanding (MoU) Signing Ceremony, welcoming new […]
Nations Trust Bank Partners with National Chamber of Exporters to Strengthen Support for Sri Lankan Exporters
Nations Trust Bank (NTB) partnered with the National Chamber of Exporters of Sri Lanka (NCE) to support Sri Lankan exporters and strengthen export-led economic growth […]
Fuel Crisis Deepens – Emergency Procurement Signal System Stress
Sri Lanka has entered a phase it had hoped never to revisit. The Cabinet’s decision to approve emergency spot purchases of fuel – bypassing standard […]
India Steps In – A New Energy Axis Emerges
As traditional supply routes come under strain, Sri Lanka is increasingly looking closer to home. India’s role as a regional stabiliser is becoming more pronounced, […]
The Airline That Stopped Bleeding – and Started Thinking
Much respected Sarath Ganegoda urged to stay on by State. “Bureaucracy can be fixed” There are moments in public enterprise when rhetoric gives way to […]
The Gulf on Edge – A Region Holding its Breath
The Middle East today is not merely tense – it is recalibrating itself under fire. From Iran to the oil capitals of the Gulf, the […]
Energy Conservation – Even the Future Being Rationed
Perhaps the most telling sign of the current moment is this: even the future is being rationed. Authorities have advised electric vehicle owners to limit […]
Four-Day Week: A Country Slows Down to Stay Afloat
In a move both pragmatic and unsettling, Sri Lanka has effectively shortened its working week. The shift to a four- day operational structure across large […]
War Risks and Rerouted Ships Impact Sri Lanka’s Tea Industry
FINANCIAL CHRONICLE – Sri Lanka’s tea industry is navigating a deepening crisis as prolonged conflict in West Asia has jeopardized the island nation’s top export […]
Colombo bourse rebounds after five-day sell-off
The Colombo stock market witnessed a notable recovery today (18), providing some relief to investors after a steep decline over five consecutive sessions. The All […]
Sri Lanka Treasury Bill Yields Steady as Half of Offered Bills Find Buyers
FINANCIAL CHRONICLE – Sri Lanka’s Treasury bill yields were flat across maturities at Wednesday’s auction, data from the Public Debt Management Office showed, with 60.79 […]