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 […]
Author: Sienna De Silva
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 […]
LankaPay Partners with Weixin Pay to Enhance Digital Payment Solutions for Chinese Tourists
FINANCIAL CHRONICLE – LankaPay, Sri Lanka’s national payment network, has integrated with Weixin Pay (WeChat Pay), allowing Chinese tourists to make payments at over 400,000 […]
Maga Secures Rs2.16 Billion Contract for Fort Railway Station Upgrade in Sri Lanka
FINANCIAL CHRONICLE – Sri Lanka’s Cabinet has approved a proposal to award a contract worth 2,162.64 million rupees (excluding tax) to MAGA Engineering (Pvt) Ltd […]
Sri Lanka Forms Committee to Strategically Advance Energy Economy Development
FINANCIAL CHRONICLE – Sri Lanka’s cabinet has approved the establishment of a new committee aimed at the development of the energy economy, in response to […]
Planters’ Association Urges Fair Electricity Tariffs to Sustain Sri Lanka’s Plantation Industry
The Planters’ Association of Ceylon (PA) has called for the implementation of a more sustainable electricity tariff framework and energy generation policy, citing the severe […]
Huawei Launches Comprehensive U6GHz Portfolio to Unlock 5G-A Potential and Pave the Way for 6G
At MWC Barcelona 2026, Huawei unveiled a full suite of U6GHz products and solutions designed to fully unleash the potential of 5G-A and enable a […]
NDB Secures LKR 16 Billion in Sri Lanka’s Record-Breaking GSS+ Bond Issuance
FINANCIAL CHRONICLE – National Development Bank has successfully raised 16 billion rupees in Sri Lanka’s largest green, social, sustainable, and sustainability-linked bond issuance. The bank […]
Dialog Surpasses 800+ 5G Sites, Driving Sri Lanka’s Fastest 5G Expansion and Advancing the Nation’s Digital Future
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has announced the expansion of its 5G network to over 800 live sites spanning 24 districts, reinforcing […]
“New Heights, New Sights” – People’s Insurance Reports Strong Growth and Financial Stability in Q4 2025
People’s Insurance PLC reported strong financial performance for the year ended 31 December 2025, demonstrating resilience and sustained growth amid evolving market conditions. The Company’s […]
Sri Lanka Stock Market Sees Positive Momentum Following Trump’s Announcement
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened up on Tuesday, a day after US President Donald Trump claimed he was pausing attacks on […]
Ceylon Chamber marks 187 years of supporting business and country
The Ceylon Chamber of Commerce proudly marks its 187th anniversary on 25th March, reflecting a long-standing commitment to supporting Sri Lanka’s businesses and contributing to […]
APAC Sovereigns Face Greater Downside from a Prolonged Iran Conflict
Fitch Ratings – Asia-Pacific sovereign credit profiles face heightened downside risks from a prolonged Iran conflict, as the region’s heavy reliance on imported oil and […]
Sri Lanka’s Rupee Declines Further as Bond Yields Show Signs of Recovery
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.50/314.50 to the US dollar in the spot market on Tuesday, further depreciating from the previous […]
MAS advances Plan for Change strategy as Texo and Noyon facilities become bluesign® System Partners
MAS Holdings, Sri Lanka’s largest apparel manufacturer, announced that two of its subsidiaries, Texo (Pvt) Ltd, a cotton fabric processing mill, and Noyon Lanka, a […]
ComBank empowers mothers through restoration of historic De Soysa Hospital Maternity Ward
The Commercial Bank of Ceylon has undertaken the renovation of Ward No. 03 at the historic De Soysa Hospital for Women in celebration of International […]