Mr. Masato Kanda, President of the Asian Development Bank (ADB), met with Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), last […]
Author: Sienna De Silva
British Support for Training and Development in Sri Lanka’s Public Service Reforms
A special discussion was held on the 24th at the Minister’s Office, “Nila Medura,” Narahenpita, between the Minister of Public Administration, Home Affairs, Provincial Councils, […]
Sri Lanka Stock Market Shows Positive Momentum with Two Consecutive Days of Recovery
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened up on Tuesday, with food, beverage, and tobacco sectors leading in turnover. Brent futures dropped below […]
CDP Group – Building a Diversified Business Network for the Future
CDP Group is an emerging and dynamic business organization committed to creating sustainable opportunities while delivering reliable services to its customers and stakeholders. Built on […]
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 […]