Asia Asset Finance PLC (AAF) has reported a robust financial and operational performance for the third quarter ending on December 31, 2025. The company exhibited […]
Month: March 2026
Escalating Iran Conflict Drives Surge in Oil Prices
Oil prices experienced an uptick on Thursday due to mounting concerns over the extended closure of the Strait of Hormuz. The ongoing U.S.-Iran conflict has […]
President Evaluates National Strategies to Protect Tourists and Migrant Workers
In a recent meeting held at the Presidential Secretariat, President Anura Kumara Dissanayake reviewed the measures currently in place to ensure the safety and welfare […]
Volatility Looms Over the Colombo Stock Market
Sri Lanka’s benchmark All Share Price Index (ASPI) is facing renewed uncertainty as escalating tensions between Iran and the United States inject volatility into global […]
U.S. sub sinks Iranian warship off Sri Lanka, killing 87 and expanding war zone
Over 100 Iranians are feared dead following a maritime disaster off the coast of Galle, a southern town in Sri Lanka. The United States has […]
Japan and US Set to Integrate Nuclear Power Project into $550 Billion Investment Initiative, Sources Reveal
Japan and the United States are collaborating to incorporate a nuclear power project into the second round of agreements under Japan’s $550 billion investment package, […]
HIP Enhances RoRo Capacity with New Yard, Bolstering East–West Trade Lane Leadership
Hambantota International Port (HIP) has recently inaugurated a new six-hectare Roll-on/Roll-off (RoRo) yard, marking a pivotal advancement in Stage I of Phase II of its […]
Sri Lankan Rupee Decline Fuels Rise in Short-Term Bond Yields
On Wednesday, Sri Lanka’s rupee concluded trading in the spot market at 310.30/60 against the US dollar, a slight depreciation from the previous day’s closing […]
LankaPropertyWeb Launches “Apartment Finder,” Revolutionizing the Real Estate Market
LankaPropertyWeb (LPW) is transforming the property search experience with the introduction of its innovative Apartment Finder tool. As the host of Sri Lanka’s most extensive […]
President Convenes High-Level Talks to Address War’s Economic Impact on Sri Lanka and Implement Urgent Measures
A high-level discussion was convened today (04) at the Presidential Secretariat, led by President Anura Kumara Dissanayake, to evaluate the potential repercussions of the ongoing […]
Sri Lanka Stocks Surge Following Recent Plunge
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a positive turnaround on Wednesday, following Tuesday’s significant point drop triggered by unrest in […]
Metropolitan Pioneers Cutting-Edge Cinematography Technology to Transform Sri Lanka’s Film Industry
Metropolitan Technologies recently achieved a significant milestone in Sri Lanka’s digital filmmaking landscape by premiering the short film Little Life, which introduces cutting-edge imaging technology […]
Sri Lanka Treasury Bill Yields Stabilize Amid Reduced Sales
The yield on Sri Lanka’s Treasury bills remained largely stable across various maturities at the auction held on Wednesday, as reported by the Public Debt […]
Seylan Bank Launches Innovative Online Interest and Part Payment Features for Gold Loans and Pawning
Seylan Bank PLC has launched an Online Interest and Part Payment Facility for Seylan Gold Loans and Pawning, enabling customers to settle interest expenses and […]
Sri Lanka Establishes Maize Committee to Regulate Prices and Imports
Sri Lanka is establishing a new committee, appointed by the Secretary to the Ministry of Agriculture, Livestock, Lands, and Irrigation, to determine maize prices in […]
New Media Solutions Triumphs as Top Corporate Communications Agency at 2026 Effie Awards
New Media Solutions, a prominent entity in the realms of media, brand communications, and public relations, has garnered significant accolades at the Effie Awards Sri […]
Sri Lanka Announces Gradual Elimination of Cess on 2,600 Goods: Minister
FINANCIAL CHRONICLE – The Cabinet of Ministers in Sri Lanka has given the green light to a proposal aimed at gradually removing cess and non-tariff […]
Assetline Insurance Brokers Gains Reinsurance Broking License, Opens Doors to Global Markets
Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of the David Pieris Group, has fortified its market position with the recent award of a Reinsurance […]