The beginning of a new year brings opportunities for fresh perspectives and meaningful experiences. This January, Cinnamon Life at City of Dreams invites guests to […]
Author: Sienna De Silva
Sri Lanka’s CEB Unbundling to Incur Rs10.6 Billion Due to Lost Economies of Scale
The unbundling of Sri Lanka’s Ceylon Electricity Board (CEB) into multiple companies is anticipated to incur costs amounting to 10.6 billion rupees due to a […]
FitsAir Achieves Certification for In-House Airbus A320 Pilot Training Program
FitsAir has received official certification from the Civil Aviation Authority of Sri Lanka (CAASL) as an Approved Training Organisation (ATO), allowing the airline to conduct […]
Sri Lanka Insurance Association Unveils Innovative Digital Card Initiative
The Insurance Association of Sri Lanka (IASL) has introduced a new E-Motor Insurance Digital Card while also donating 500 tablets to the Police. This initiative […]
HNB General Insurance and HNB Stockbrokers Forge Strategic Alliance to Deliver Comprehensive Financial Solutions
HNB General Insurance Limited (HNBGI) has formed a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, representing a significant milestone in the HNB Group’s mission […]
Sri Lankan Rupee Declines as Bond Yields Hold Steady
Sri Lanka’s rupee was quoted at 309.10/30 to the US dollar in the spot market on Monday, slightly depreciating from 309.00/30 the previous day, according […]
CFA Society Sri Lanka Hosts Insightful Evening on “Real Estate Reimagined: Unlocking Investment Opportunities in a Changing Market”
The CFA Society Sri Lanka, in collaboration with Prime Group and John Keells Properties, is set to host an exclusive evening discussion titled “Real Estate […]
Empowering Sri Lanka’s Future: A Strategic Blueprint for Inclusive Growth and Resilience (2025-2030)
The book titled “Sustaining Transformative Growth in Sri Lanka (2025–2030)”, a collaborative effort by ODI Global and the Centre for Poverty Analysis (CEPA), was officially […]
Dialog and UnionPay International Partner to Transform Sri Lanka’s Digital Payment Landscape
Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has announced a significant strategic partnership with UnionPay International, one of the largest and fastest-growing global payment […]
Sri Lanka’s CEB Seeks Price Increase Amid Rupee Depreciation
Financial Chronicle – The Ceylon Electricity Board (CEB) of Sri Lanka has submitted a proposal to the regulatory authorities, seeking an 11% increase in electricity […]
Sri Lanka’s Hambantota Port Targets 2 Million Container Capacity Following Remarkable 700% Growth
Financial Chronicle – Sri Lanka’s Hambantota Port, backed by China, reported a significant increase in container handling volumes, rising by 705 percent to 428,036 twenty-foot […]
India Provides 15 Additional Bailey Bridges to Restore Cyclone-Damaged Highways in Sri Lanka
Financial Chronicle – India will construct 15 Bailey Bridges as part of a $450 million cyclone recovery package aimed at reconstructing Sri Lanka’s damaged infrastructure, […]
Sri Lanka’s Private Credit Reaches Record High of Rs262 Billion in November
Sri Lanka’s private credit from commercial banks has reached a record high of 262 billion rupees in November 2025, up from 246 billion rupees in […]
Sri Lanka Sees 14.8% Drop in December Tourism Revenue Following Survey Adjustments
According to the Central Bank of Sri Lanka, the country’s foreign exchange revenue from tourism in December 2025 experienced a 14.8% decline compared to the […]
Sri Lanka’s Worker Remittances Surge 43.2% to Achieve Record High in December 2025
According to data from the central bank, Sri Lanka’s official remittances surged by 43.2% to reach a record monthly high of US$879.1 million in December […]
Marriott Bonvoy Secures Major ICC Partnership, Featuring Sri Lanka’s T20 World Cup
Marriott Bonvoy and the International Cricket Council (ICC) have entered into a strategic partnership, designating Marriott International’s acclaimed travel platform as the Official Accommodation Partner […]
Sri Lanka Achieves Historic Milestone with Worker Remittances Exceeding USD 8 Billion in 2025
Sri Lanka has achieved a significant milestone as its annual Workers’ Remittances (Inflows) surpassed the USD 8 billion mark for the first time in history […]
Sri Lanka Central Bank Acquires $250 Million Amidst Rupee Depreciation in December
FINANCIAL CHRONICLE – In December 2025, Sri Lanka’s central bank purchased 250.8 million US dollars from the public, while selling back 28.3 million dollars, according […]
