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 […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
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. […]
Sri Lanka’s Fuel Shock Exposes Deep Economic Fault Lines as Crisis Risks Re-emerge
Sri Lanka’s latest fuel price increase has triggered a renewed wave of anxiety across an already fragile economy, raising serious concerns that the country may […]
Sri Lanka Increases Fuel Quota for Vehicles to Meet Rising Demand
FINANCIAL CHRONICLE – Sri Lanka’s government has revised the fuel quota provided under a QR code system, effective from tonight. Cars will now receive 25 […]
LankaLaw Emerges as Sri Lanka’s Leading AI Legal Platform
Colombo, Sri Lanka – LankaLaw, a homegrown legal technology platform introduced in 2023, is rapidly redefining access to legal knowledge in Sri Lanka, evolving into what […]
Sri Lanka Sidesteps Russian Oil to Mitigate Tensions with the U.S., Says President
FINANCIAL CHRONICLE – Sri Lanka could not purchase oil from Russia as the island nation did not want to antagonize the United States of America, […]
Sri Lanka Partners with ICRC to Develop Comprehensive Missing Persons Database, Says Minister
FINANCIAL CHRONICLE — Sri Lanka is collaborating with the International Committee of the Red Cross (ICRC) to establish a unified national database for missing persons, […]
Sri Lanka Secures Additional Rs3.3 Billion in Treasury Bill Sales Following Successful Auction
FINANCIAL CHRONICLE – Sri Lanka has successfully sold 3,369 million rupees worth of treasury bills offered on tap, with average interest rates of 7.61%, 7.91%, […]