SriLankan Airlines has recorded a revenue increase following the implementation of a next-generation, AI and Machine-Learning (ML) powered Origin and Destination (O&D) revenue management platform. […]
Month: March 2026
Sri Lankan Rupee Declines as Bond Yields Experience Slight Decrease
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 314.50/80 to the US dollar in the spot market on Friday, reflecting a decline from the […]
Rotary Club of Colombo Uptown and WIF Partner with MullenLowe Sri Lanka to Champion the ‘Dear Father’ Movement
The Rotary Club of Colombo Uptown and the Women’s International Foundation (WIF) have signed a Memorandum of Understanding (MOU) with MullenLowe Sri Lanka, forming a […]
Most of the 13 US bases in the Middle East have been destroyed and empty
Iran has carried out attacks on at least six U.S. military sites across the Middle East since the United States and Israel began operations against […]
Oil, Equity Prices Shape Iran War Adverse Scenario Macroeconomic Impact
The effects of higher oil prices and declining equity markets would be the main drivers of the negative global economic impact from an adverse scenario […]
Markets: Between Fear and Hope
Financial markets across the Gulf and beyond are reflecting a familiar pattern – not panic, but unease. Over the past 12 hours, equities have softened […]
Sri Lanka Hosts Landmark International Destination Wedding at Shangri-La Hambantota
Sri Lanka proudly welcomes over 800 international guests for the destination wedding of entrepreneur Mujtaba Shaikhani and Dr. Hafsha Merchant, a distinguished aesthetic medicine doctor […]
Fuel-thirsty Asian countries line up for Russian oil
Reuters – Asian countries including Vietnam, Thailand, the Philippines, Indonesia, and Sri Lanka are preparing to purchase Russian oil as the ongoing war in Iran […]
City of Dreams: Revenue In – Profits Out?
Melco’s numbers raise questions on the economics behind Colombo’s ‘flagship’casino The numbers are in – and they tell a story that is both promising and […]
ADB Sounds Alarm: West Asia Conflict Poses Risk to Asia-Pacific Economic Growth
MANILA, PHILIPPINES (26 March 2026) — The conflict in the Middle East could lower economic growth in developing Asia and the Pacific by up to […]
HNB Happiness Cards Bring Avurudu Value, Flexibility and Rewards to Cardholders
HNB PLC, Sri Lanka’s leading private sector bank, has rolled out its Avurudu cardholder offering for March and April 2026, combining seasonal savings and flexible […]
Sri Lankan Rupee Declines as Bond Yields Rise
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 314.30/70 to the US dollar in the spot market on Thursday, depreciating from 313.80/314.50 the previous day, […]
LankaPay Technnovation Awards 2026 Concludes Celebrating Excellence in Inclusive FinTech
The 8th edition of the LankaPay Technnovation Awards 2026 concluded on a high note, with Commercial Bank of Ceylon PLC clinching the Overall Gold Award […]
The BOI facilitates Blue Arc Manufacturing, a pioneer in Sri Lanka’s first specialized substation assembly for global export
Blue Arc Manufacturing and the BOI have signed an agreement to establish the first containerized substation assembly factory in Sri Lanka. This facility will specialize […]
Sri Lanka Stock Market Declines 2% Amid Uncertainty Surrounding US-Iran Negotiations
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed down on Thursday, in reaction to the contradicting statements about peace talks between the US and […]
Artslab Creatives Claims Four Effie Recognitions – Two Silvers for Sri Lanka’s First AI Deepfake Campaign for Social Good
Independent agency claims two Silver awards for redefining AI deepfake technology as a vehicle for social change, while contributing to a Bronze and Finalist recognition. […]
ADB Commits $100 Million to Protect Sri Lanka from West Asia Conflict Impact
FINANCIAL CHRONICLE – The Asian Development Bank (ADB) is prepared to provide an additional 100 million dollars in budget support as part of a financial […]
Union Bank Opens Second Leasing Hub in Negombo
Union Bank recently opened its second Leasing Hub in Negombo, offering faster leasing solutions to customers. The first Union Bank leasing hub was opened in […]