President Mohamed Muizzu of the Maldives is scheduled to make an official trip to Sri Lanka from May 3 to May 6, as confirmed by […]
Author: Sienna De Silva
Sri Lanka’s March Tourism Earnings Dive 37% Amid Middle East Tensions
FINANCIAL CHRONICLE – According to data from the central bank, Sri Lanka’s tourism sector generated $223.7 million in foreign exchange revenue in March 2026, reflecting […]
In-Depth Analysis: Controversial Coal Agreement in Sri Lanka Leads to Energy Minister’s Resignation
FINANCIAL CHRONICLE – In a significant development that has rocked Sri Lanka’s political arena, Energy Minister Kumar Jayakody has resigned amid allegations concerning a coal […]
Sri Lanka’s NDB and Central Bank to Collaborate with International Firm for Comprehensive Forensic Audit
Sri Lanka’s central bank is in the process of finalizing an agreement with the National Development Bank (NDB) to enlist the services of an international […]
IMF Supports Sri Lanka’s Reform Initiatives During 2026 Spring Meetings
A delegation from Sri Lanka, headed by Central Bank Governor Nandalal Weerasinghe, engaged in talks with high-ranking officials from the International Monetary Fund (IMF) and […]
CBSL Orders In-Depth Forensic Investigation by Renowned Global Firm with International Specialists into NDB Fraud Case
The Central Bank of Sri Lanka (CBSL) is actively overseeing the ongoing situation concerning National Development Bank PLC (NDB) in light of a recent internal […]
Sri Lanka Marks Arrival of First Crude Oil Shipment Amid Rising Tensions in the Middle East
FINANCIAL CHRONICLE – Sri Lanka has successfully received its inaugural shipment of crude oil for its Iran-constructed refinery amidst rising tensions in the Middle East, […]
Sri Lankan Rupee Declines as Bond Yields Experience Minor Increase
FINANCIAL CHRONICLE – On Friday, the Sri Lankan rupee was recorded at 316.50/70 against the US dollar in the spot market, showing a decline from […]
Sri Lanka’s Stock Market Rises Amidst Global Market Volatility and Uncertainties
FINANCIAL CHRONICLE – The Colombo Stock Exchange experienced a positive close on Friday, buoyed by investor optimism regarding a potential ceasefire between the US and […]
Sri Lanka’s Embassy in Japan Celebrates Success of 2026 ICT Business Matching Event
The Sri Lankan Embassy in Japan, in partnership with the Export Development Board, recently held the Japan–Sri Lanka ICT Business Matching Event 2026 at the […]
Sri Lanka’s Energy Minister and Ministry Secretary Step Down from Their Positions
Sri Lanka’s Energy Minister Punya Sri Kumara Jayakody, alongside Ministry Secretary Professor Udayanga Hemapala, has formally resigned, as confirmed by the media division of President […]
Fitch Assigns A(lka) Rating to WindForce’s Debt in Sri Lanka
Fitch Ratings has assigned a National Long-Term Rating of A(lka) to the proposed senior unsecured redeemable debentures of WindForce, an energy company in Sri Lanka, […]
ComBank collaborates with Bancstac to enhance digital payment systems.
The Commercial Bank of Ceylon has formalized a long-term Technology Services Master Agreement with Bancstac, aimed at establishing a secure and scalable payment processing infrastructure […]
Sri Lanka Successfully Offloads Additional Rs25.5bn in Treasury Bills Following Auction
FINANCIAL CHRONICLE – The public debt management office of Sri Lanka has successfully auctioned treasury bills amounting to 25.522 billion rupees at average yields of […]
Sri Lanka’s Stock Market Maintains Positive Momentum Despite Short Trading Week
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced an upward trend on Friday afternoon, maintaining a positive trajectory throughout the three-day trading […]
APIIT and XpressJobs Join Forces to Transform Career Opportunities for Students at the Start of Their Professional Journeys
A significant partnership has been established between the Asia Pacific Institute of Information Technology (APIIT) and XpressJobs, aimed at enhancing career access for students throughout […]
Sri Lanka’s Service Sector Growth in March 2026 Fueled by Financial Sector Dynamics, Reports PMI
FINANCIAL CHRONICLE – In March 2026, Sri Lanka witnessed growth in its services sector, primarily fueled by the financial services industry. The central bank’s Purchasing […]
PMI Grows in March Amidst Middle Eastern Tensions and Global Economic Instability
In March 2026, the Purchasing Managers’ Indices (PMIs) reflect growth in both the Manufacturing and Services sectors in Sri Lanka. The Manufacturing Purchasing Managers’ Index […]