The Colombo Stock Exchange (CSE) concluded the trading day with a significant positive performance, as major indices recorded robust gains following recent market volatility. The […]
Month: March 2026
Emirates to Restore Over 100 Flights on March 5-6 as Airspace Adjustments Take Effect
Emirates has announced a temporary reduction in its flight schedule following the partial reopening of regional airspace, aimed at ensuring the safe conduct of commercial […]
Sri Lanka to Revise 2016 Microfinance Act and Establish New Regulatory Authority
Sri Lanka is poised to establish an independent regulatory body to oversee the microfinance and moneylending sector. This initiative comes as part of a new […]
CEB Reports Rs. 29.15 Billion Loss in Fourth Quarter of 2025
The Ceylon Electricity Board (CEB) has announced a significant financial loss of Rs. 29.15 billion for the quarter ending December 31, 2025, as detailed in […]
Sri Lanka Stocks Rise Amid Market Volatility and Middle East Tensions
The Colombo Stock Exchange in Sri Lanka saw a positive close on Thursday, with diversified financials driving the turnover. The All Share Price Index (ASPI) […]
Techzone Unveils AI-Powered Lenovo Experience Store in Kandy
Techzone has inaugurated a Lenovo Exclusive Store in Kandy, significantly enhancing access to AI-powered laptops, desktops, and accessories for consumers and businesses in Sri Lanka’s […]
SalamAir Launches Exclusive Colombo-Muscat Flight Today
Oman-based low-cost carrier SalamAir has announced the operation of a special additional flight between Colombo and Muscat, scheduled for today, March 5, 2026, to facilitate […]
Dubai Hotels Urged to Assist Guests Amid Airspace Closure Disruptions
Hotels in Dubai have been urged to assist guests affected by the recent airspace closures, as confirmed by the Dubai Department of Economy and Tourism […]
Harnessing the Power of Sri Lanka’s Aging Population and Silver Economy
The Sri Lankan population is experiencing rapid aging, with over 18% already aged 60 and above, and projections indicating that one in four will be […]
MullenLowe Sri Lanka Secures Effie Agency of the Year with Unwavering Excellence
MullenLowe Group, Sri Lanka’s largest brand communications company, has once again solidified its leadership in creative effectiveness by clinching the Effie Agency of the Year […]
Cinnamon Life Unveils Exclusive Wellness Experiences at Kurundu This March
This March, Cinnamon Life at City of Dreams invites guests to take a moment to pause, reconnect, and honor the bonds that shape their lives […]
Fitch Assigns ‘BBB+(lka)’ Rating to Sri Lanka’s Siyapatha Finance Proposed Debt
Fitch Ratings has assigned a National Long-Term Rating of ‘BBB+(lka)’ to the proposed debt issuance of Siyapatha Finance PLC, amounting to 3.75 billion Sri Lankan […]
JAT Holdings Boosts Binder Plant Capacity by 76% with Second-Phase Expansion Completion
JAT Holdings PLC has successfully concluded the second phase of expanding its binder manufacturing plant in Sri Lanka. The facility is now fully operational, boosting […]
Sri Lanka Reduces Threshold for Social Security Contribution Levy Registration
FINANCIAL CHRONICLE — Sri Lanka is preparing to expand its tax base by reducing the registration threshold for the Social Security Contribution Levy (SSCL) through […]
Emirates Adjusts Flight Schedule Until March 7 Due to Regional Airspace Restrictions
Emirates has announced plans to continue operating a limited flight schedule from March 5 until 23:59 UAE time on March 7, 2026, due to ongoing […]
Sri Lanka’s NDB Bank to Launch 11.85% Green and Sustainable Bond Listing
FINANCIAL CHRONICLE – Sri Lanka’s National Development Bank (NDB) has secured approval from the Colombo Stock Exchange to list debentures valued at 16 billion rupees, […]
Sri Lankan Rupee Declines; Bond Yields Remain Stable
The Sri Lankan rupee was quoted at 310.70/85 to the US dollar in the spot market on Thursday, showing a depreciation from the previous day’s […]
Unlocking the Potential of the Silver Economy in Sri Lanka
The Sri Lankan population is experiencing a significant demographic shift, with over 18% of the population currently aged 60 and above. By 2041, this figure […]