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Year: 2026
Sri Lanka Establishes Committee to Propel Education Reforms Forward
FINANCIAL CHRONICLE — Sri Lanka’s cabinet has approved the appointment of a national steering committee for education reforms to oversee and regulate the implementation of […]
Sri Lanka’s banking leaders convene in Colombo to tackle rising fraud risks in digital payments co-hosted by IFINITY and BPC
Senior leaders from Sri Lanka’s banking sector convened in Colombo on 17 March for the “Fraud Management Deep Dive 2026”, co-hosted by IFINITY, a BFSI-focused […]
Sri Lanka Reignites South Korean-Funded ICT Education Initiative
FINANCIAL CHRONICLE – Sri Lanka’s Cabinet of Ministers has approved a proposal to restart a project for establishing Information and Communication Technology (ICT) hub stations […]
Janashakthi Life and People’s Bank strengthen financial protection through bancassurance collaboration
Janashakthi Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), entered a strategic partnership with People’s Bank through […]
Stocks bounce and oil retreats on Mideast ceasefire reports
Reuters – Stocks rose and oil fell on Wednesday on reports the U.S. is seeking a month-long ceasefire in its war on Iran, and had […]
Sri Lanka’s Rupee Strengthens as Bond Yields Decline
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.00/50 to the US dollar in the spot market on Wednesday, recovering from 314.20/40 the previous […]
Sri Lanka Central Bank Maintains Key Policy Rate Steady Amid Currency Depreciation and Declining Inflation
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka has decided to keep its Overnight Policy Rate (OPR) unchanged at 7.75%. This decision was announced […]
CB keeps Overnight Policy Rate unchanged
The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%. The Board […]
Sri Lanka Appreciates Iran’s Oil Offer but Declines to Proceed with Purchase
FINANCIAL CHRONICLE – Sri Lanka expressed gratitude for Iran’s offer to supply oil in the event of Colombo requests, but stated that the country does […]
Russian Official Visits Sri Lanka for High-Level Discussions on Government-to-Government Oil Agreement, Says Minister
FINANCIAL CHRONICLE – Russia’s Deputy Energy Minister Roman Marshavin will visit Sri Lanka to hold formal talks regarding a government-to-government oil deal. This announcement was […]
ADB Announces Financial Support Package to Help Asia and Pacific Mitigate Impacts from Middle East Conflict
The Asian Development Bank (ADB) today announced a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting […]
Sri Lankan Rupee Faces Ongoing Depreciation as Bond Yields Rise
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 314.20/40 to the US dollar in the spot market on Tuesday, depreciating further from 313.00/314.00 the previous […]
Sri Lanka Achieves Historic Budget Current Account Surplus After 38 Years: An In-Depth Analysis
FINANCIAL CHRONICLE – Sri Lanka has recorded a surplus in the current account of the budget for the first time in 38 years in 2025, […]
Colombo Bourse Jumps Over 3% Amid Broad-Based Rally
Sri Lanka’s stock market recorded a notable upswing on Tuesday (24), with both main indices posting strong gains, reflecting improved investor sentiment. The All Share […]
Janashakthi Group of Sri Lanka Plans to Raise Rs 5 Billion Through Upcoming IPO
FINANCIAL CHRONICLE – Janashakthi Group is seeking to raise 5 billion rupees through its initial public offering of 500 million shares on April 9, according […]
Sri Lanka Encourages Residents to Iron Clothes and Charge Electronics During Off-Peak Hours and Weekends
FINANCIAL CHRONICLE – Sri Lanka is requesting residents across the island to reduce electricity usage during peak hours from 6 PM to 10 PM daily. […]
Sri Lanka Stock Market Rises as Retail Investor Interest Gains Momentum
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed up on Tuesday, as US President Donald Trump claimed discussions were on over a ceasefire with […]