President of the Asian Development Bank, Masato Kanda, arrived in Sri Lanka early this morning (23) for a three-day official visit aimed at strengthening economic […]
Author: Sienna De Silva
WindForce expands battery storage portfolio with Panadura project award
WindForce PLC has been awarded a new grid-scale Battery Energy Storage System (BESS) project in Panadura, marking its 13th project under Sri Lanka’s national BESS […]
Wycherley International School celebrates 40 years with landmark coffee table book
Wycherley International School recently marked a major milestone with the launch of its 40th Anniversary Coffee Table Book, a celebration of four decades of vision, […]
Global GIS Celebrates 12th Anniversary with Grand Opening of New Office Building
Global GIS (Pvt) Ltd, the pioneer of geospatial positioning solutions in Sri Lanka, celebrated its 12th year of successful operations with the grand opening of […]
Unilever Sri Lanka wins big at SLIM-Kantar People’s Awards
Unilever Sri Lanka, a marketing and FMCG powerhouse, has achieved significant recognition at the SLIM-Kantar People’s Awards 2026, which celebrates Sri Lanka’s most loved brands. […]
Sri Lanka Stock Market Experiences Decline During Midday Trading Session
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Monday and remained in the red throughout midday trading, with capital goods pushing turnover. […]
Huawei Launches 5G-A Oriented MBH Architecture, Building a New Foundation for the Agentic MBB Era
On the eve of MWC Barcelona 2026, Huawei officially launched its 5G-A Mobile Backhaul Network architecture tailored for the Agentic MBB (Mobile Broadband) era. Defined […]
UnionPay International continues to partner LankaPay Technnovation Awards 2026 as Platinum Sponsor
UnionPay International has come on board as a Platinum Sponsor for the LankaPay Technnovation Awards 2026, marking its fourth consecutive year of partnership with Sri […]
SEC and CSE Strengthen Role of Auditors of Watchlist Companies
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) jointly organized an awareness session recently for auditors of companies […]
Windforce Secures 10 MW/40 MWh Battery Energy Storage System Project in Panadura, Sri Lanka
FINANCIAL CHRONICLE – WindForce PLC has been awarded a contract to build a standalone Battery Energy Storage System (BESS) project in Panadura, under Sri Lanka’s […]
Sri Lankan Rupee Declines as Bond Yields Remain Stable
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted significantly weaker at 312.50/313.50 to the US dollar in the spot market on Monday, declining from 311.80/312.00 […]
Uber and PickMe urge Government to allocate higher fuel quotas
The country’s leading app-based platforms, Uber and PickMe, have urged the government for support to keep Sri Lanka moving in light of the latest fuel […]
Standard Chartered appoints Vindya Hettige as Head, Legal and Head, Legal Client Coverage for Sri Lanka
Standard Chartered Sri Lanka has appointed Vindya Hettige as Head, Legal and Head, Legal Client Coverage, effective 20 March 2026. Vindya will join the Country […]
Sri Lanka Bottled Water Association seeks suspension of MRP gazette
The Sri Lanka Bottled Water Association (SLBWA) has requested President Anura Kumara Dissanayake to revoke or temporarily suspend the gazette introducing maximum retail prices (MRPs) […]
NDB’s GSS+ Bond Issuance Breaks New Ground with Record LKR. 16 Bn Raised
National Development Bank PLC (NDB) commemorated raising LKR 16 billion with its first-ever issuance of BASEL III compliant GSS+ (Green, Social, Sustainable & Sustainability Linked) […]
Global Corporate Sectors to Feel the Impact of Ongoing Iran Conflict, Warns Fitch Ratings
Fitch Ratings-London: A prolonged Iran conflict could affect multiple corporate sectors worldwide, primarily through higher hydrocarbon prices, supply-chain disruption, and indirectly through weaker demand due […]
Sri Lanka Assures No Power Cuts Planned, Encourages Energy Conservation Among Citizens
FINANCIAL CHRONICLE – The Sri Lankan government has announced that there are no plans for power cuts in the near future, despite the ongoing fuel […]
Sri Lanka Increases Fuel Prices, Approaching 2022 Crisis Levels: Petrol Hits Rs. 398 and Diesel Reaches Rs. 382
FINANCIAL CHRONICLE – Sri Lanka’s state-owned fuel retailer has raised fuel prices by 24% to 30%, approaching the levels seen during the 2022 economic crisis. […]