Sri Lanka’s much-celebrated economic recovery is no longer a story of quiet progress – it is now a test of whether the country has the […]
Month: March 2026
Oil prices ease as Iraqi and Kurdish authorities agree to export deal
Reuters – Oil prices eased on Wednesday to pare back some of Tuesday’s sharp gains after the Iraqi government and Kurdish authorities reached a deal […]
Sri Lanka Records 5% GDP Growth in 2025
Sri Lanka’s economy recorded a 5.0% growth in 2025, with all key sectors contributing positively, according to the Department of Census and Statistics Sri Lanka. […]
Tanker hit off Fujairah as gulf maritime risks escalate
FUJAIRAH – A commercial tanker has reported being struck by what was described as an “unknown projectile” while at anchor off the Emirati coast, according to the UK […]
Power, Politics & The Airbus File
Sri Lanka Podujana Peramuna (SLPP) General Secretary Sagara Kariyawasam has launched a pointed attack on the Bribery Commission, questioning whether the country’s top anti-corruption body […]
Justice Weeramantry & Nuclear Weapons
In 1994, the United Nations General Assembly asked the International Court of Justice to give an advisory opinion on whether the threat or use of […]
Sri Lanka Permits Select Sectors to Conduct Fuel Transactions in US Dollars
FINANCIAL CHRONICLE – Sri Lanka has allowed the private sector to import and sell fuel for the export and tourism sectors in U.S. dollars to […]
Sri Lanka Urged to Maintain Robust Fiscal and External Measures for Stability: Central Bank
FINANCIAL CHRONICLE – Sri Lanka needs to sustain its fiscal consolidation efforts and strengthen external sector buffers to safeguard macrofinancial stability, the Central Bank said […]
Sri Lankan Rupee Strengthens as Bond Yields Rise Amid Limited Trading
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 311.30/40 to the US dollar in the spot market Tuesday, improving from 311.50/60 the previous day, dealers […]
Sri Lanka’s Recovery in Peril as Cyclone Fallout Meets Oil Shock
Colombo, March 2026 – Sri Lanka’s fragile economic comeback is facing a brutal reality check. Just as the island began clawing its way out of its […]
Central Bank Outlines Financial Sector Performance in 2025
Macrofinancial Conditions Domestic macrofinancial conditions strengthened further in 2025, supporting continued credit expansion, although external vulnerabilities remained a concern. Credit growth accelerated markedly, with total […]
Samsung Sri Lanka Unveils New Refrigerators and Air Conditioner from March 2026
Samsung Sri Lanka introduced a new range of home appliances to the local market on 1st March 2026, reinforcing its focus on energy efficiency, smart […]
CFA Society Sri Lanka to Host Career Fest 2026 in Celebration of CFA Institute Global Career Month
CFA Society Sri Lanka has announced the launch of Career Fest 2026; a flagship career initiative held in alignment with CFA Institute’s Global Career Month […]
Deloitte Tax Leader Charmaine Tillekeratne recognised as Highly Regarded – Women in Tax Leader – Asia Pacific for 2026
Deloitte Sri Lanka announced that Charmaine Tillekeratne, Partner – Head of Tax, Deloitte Sri Lanka and Maldives, has been recognised as a “Highly Regarded – […]
Novus Technologies Joins LankaPay Technnovation Awards 2026 as a Platinum Sponsor
Novus Technologies – a global FinTech service solution provider – has come on board as a Platinum Sponsor for the LankaPay Technnovation Awards 2026, marking […]
India in talks for six FTAs with Australia, Sri Lanka, Peru, Chile and others
The Hindu Businessline – India is currently negotiating six Free Trade Agreements (FTAs) with different countries and regional groups as part of its efforts to expand […]
Sri Lanka Opens Colombo Port City for Unlimited Duty-Free Shopping Opportunities
FINANCIAL CHRONICLE – Sri Lanka will amend the Colombo Port City regulatory framework to allow passengers arriving from abroad to purchase goods from its duty-free […]
Sri Lanka Stock Market Falls 2.41% Amid Fuel Shortage Concerns
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed 2.41 percent down on Tuesday as investors were spooked by fears of a fuel shortage, brokers […]