The International Finance Corporation (IFC), part of the World Bank Group, in collaboration with HSBC, is set to invest up to $40 million in South […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
HNB Secures Euromoney Award for Top Bank Serving Large Corporates in Sri Lanka
HNB PLC has been honored as Sri Lanka’s Best Bank for Large Corporates at the Euromoney Awards for Excellence 2026, marking the second occasion the […]
Swedish Ambassador Confirms Intent to Lead Trade Delegation at Sri Lanka Expo 2027
The Sri Lanka Export Development Board (EDB) hosted His Excellency Mr. Jan Thesleff, the Ambassador of Sweden to Sri Lanka, for a formal meeting at […]
Sanath Manatunge, Managing Director and CEO of Commercial Bank, Takes on Role as Chairman of EFC
Mr. Sanath Manatunge has been appointed as the Chairman of the Employers’ Federation of Ceylon (EFC), a prominent organization that advocates for the interests of […]
Sri Lankan Exporters Confront Upcoming EU Sustainability Regulations Amid Approaching Compliance Deadlines
Organizations are urged to take immediate action to adapt to forthcoming sustainability regulations that are transforming global trade. Key developments such as the Empowering Consumers […]
Sri Lanka’s Stock Market Declines Amid Rising Tensions in Hormuz Strait
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a downward trend on Monday, influenced by ongoing military actions between the United States […]
Asian markets wobble as oil prices rise and corporate earnings approach.
Asian stock markets experienced a decline on Monday, driven by the intensifying conflict in the Gulf, which has led to rising oil prices and heightened […]
Brent Crude Surpasses $90 Amid Escalating U.S.-Iran Military Actions in the Middle East
Brent crude oil prices experienced a 2% increase on Monday, surpassing the $90 per barrel mark, due to rising tensions between the U.S. and Iran […]
Sri Lanka Pursues Maritime Partnership with the U.S., Extends Invitation to FMC Chair for Colombo Visit
FINANCIAL CHRONICLE — A prominent delegation from Sri Lanka has engaged with US maritime regulatory officials in Washington, D.C., to deliberate on maritime shipping oversight […]
Asiri Surgical Hospital Achieves Milestone with Sri Lanka’s Inaugural Robot-Assisted Surgical Procedure
Asiri Surgical Hospital has made history by executing the first Robot Assisted Surgery in Sri Lanka, a significant advancement in the nation’s healthcare landscape. This […]
Sri Lankan Rupee Trades at 336.20/30 Against the US Dollar as Bond Yields Rise
FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was valued at 336.20/30 against the US dollar in the spot market, slightly up from 336.15/25 […]
Prime Residencies Secures Silver at the 2026 Hashtag Asia Awards, Standing Among the Region’s Leading Digital Innovators
Prime Lands Residencies PLC has gained international acclaim by securing the Silver Award for Best Use of Account-Based Marketing at the esteemed Hashtag Asia Awards […]
Prior to Competing for the Championship, They Will Advocate for a Greater Cause
The Dambulla Sixers have kicked off the Lanka Premier League (LPL) 2026 with a significant initiative aimed at raising cancer awareness across Sri Lanka. Prior […]
India revises tax agreement with Sri Lanka to address avoidance issues.
The revised protocol affecting the tax treaty between India and Sri Lanka is set to take effect from April 1, 2027, regarding income generated thereafter. […]
International Investors Acquire Sri Lanka Rupee Bonds Valued at US$23.2 Million Last Week
FINANCIAL CHRONICLE – In the week ending July 16, foreign investments in Sri Lankan rupee bonds reached a new high, marking the most significant level […]
AI Platforms Are Overtaking Traditional Law Firms in Sri Lanka
Sri Lanka’s legal sector is entering a new era as leading law firms and AI-powered legal platforms increasingly adopt intelligent technologies that promise to reshape […]
Excello Unveils Innovative Solar-Powered Housing Initiative in Sri Lanka
FINANCIAL CHRONICLE – Excello Developers, a property development firm based in Sri Lanka, has unveiled its latest residential project, Aathavan by Excello, located at Carron […]
WIIN Initiates Operations in Sri Lanka
In a notable advancement for Sri Lanka’s aspirations to become a frontrunner in digital and industrial innovation amidst the swift changes in the global technological […]