Oil prices surged on Thursday following increased attacks by Iran on oil and transport facilities across the Middle East. These developments have heightened fears of […]
Month: March 2026
Extended Disruptions in Iran Heighten Credit Risk for APAC Ports and Airports, Says Fitch Ratings
Fitch Ratings, based in Hong Kong, reports that if disruptions linked to Iran in shipping and airspace persist, operators of ports and airports in the […]
Sri Lanka Pioneers Global Biodiversity Efforts with Kunming Fund Initiative
Sri Lanka has been endorsed for a project under the Kunming Biodiversity Fund (KBF), positioning the country among the first globally to move into large-scale […]
SriLankan Airlines Expands Australia Service with 14 Weekly Flights
SriLankan Airlines is set to expand its weekly service between Colombo and Melbourne to 10 flights, starting from August 2, 2026. This expansion involves adding […]
Stranded in Paradise
MIDDLE EAST AIR CHAOS LEAVES THOUSANDS OF TOURISTS UNABLE TO LEAVE SRI LANKA COLOMBO — For thousands of foreign visitors in Sri Lanka, a holiday […]
Turbulence at the Top of SriLankan Airlines
Chairman Signals Exit – Several Directors Ready To Step Aside COLOMBO — Inside the boardroom of SriLankan Airlines, a quiet frustration appears to have been […]
ADB Pledges Continued Backing for Sri Lanka’s Recovery and Reform Initiatives
FINANCIAL CHRONICLE — During a meeting at the Asian Development Bank’s (ADB) headquarters in Manila, ADB President Masato Kanda reaffirmed the robust development partnership between […]
DFCC Bank of Sri Lanka to Launch Blue Bond on Luxembourg Exchange
FINANCIAL CHRONICLE – DFCC Bank of Sri Lanka has announced plans to list its Blue Bond on the Luxembourg Stock Exchange. This bond is already […]
Iran says oil will reach $200 a barrel, warns of ‘continuous strikes
Global oil markets are entering a period of extreme volatility as escalating tensions in the Middle East threaten one of the world’s most critical energy […]
Sri Lankan Rupee Strengthens as Bond Yields Rise
On Wednesday, Sri Lanka’s rupee concluded trading at 310.85/95 against the US dollar in the spot market, showing a slight appreciation compared to the previous […]
Colombo Stock Market Dips Despite Early Morning Surge
The Colombo Stock Exchange experienced a volatile trading session today, as early morning gains gave way to afternoon declines. The All Share Price Index (ASPI) […]
DP World Powers Logistics for ICC Men’s T20 World Cup 2026 in India and Sri Lanka
DP World, a leading global provider of integrated end-to-end supply chain solutions and the Global Logistics Partner of the International Cricket Council (ICC), has successfully […]
Sri Lanka Sees Decline in Treasury Bill Yields Amid Rising Short-Term Demand
On Wednesday, Sri Lanka’s Treasury bill yields experienced a decline, based on the latest data from the Public Debt Management Office. A total of 96.71 […]
Huawei Outlines Three Core 5G-A Transport Values to Pave the Way for 6G Advancement
During MWC Barcelona 2026, Huawei is set to comprehensively upgrade its mobile transport solutions. This upgrade will focus on green ultra-broadband, congestion awareness, and network […]
Sri Lanka Increases Fuel Prices to Prevent Shortages, Minister Announces
FINANCIAL CHRONICLE – The Sri Lankan government has justified its decision to significantly raise fuel prices, citing it as a necessary measure to combat an […]
Trump Unveils Strategic US Refinery Project with India’s Reliance Partnership
Reuters – On Tuesday, President Donald Trump announced plans for a new refinery to be constructed on the southern U.S. border, in collaboration with India’s […]
Ceylon Chamber of Commerce Transfers Century-Long Business Legacy to National Archives
The Ceylon Chamber of Commerce has officially transferred its historic records to the National Archives Department of Sri Lanka, entrusting over a century of the […]
Bitget Aims for 40% Share in Tokenized Stock Trading by 2030, Enhances TradFi with Seamless Access
Traditional finance was developed for a different era, characterized by fixed trading hours, numerous intermediaries, slow settlement cycles, and geographic limitations. However, blockchain infrastructure is […]