The Colombo Stock Exchange (CSE) has announced changes to the constituents of the S&P Sri Lanka 20 Index, as determined by S&P Dow Jones Indices […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Elephant House Ice Cream Marks Historic Launch in Australia
Ceylon Cold Stores PLC (CCS), a subsidiary of John Keells Holdings PLC, has introduced its iconic Elephant House Ice Cream to the Australian market, marking […]
Keells and Enfection Win the Meta Reels Impact Award for AI-Driven Innovation
Keells Supermarkets and Enfection have been awarded the top prize for ‘Best of Innovation & Generative AI in Reels’ at the Meta Reels Impact Awards […]
Russel’s unveils traditional Kiribath Feast for the New Year 2026
As the nation prepares to celebrate the arrival of New Year 2026, Russel’s (Pvt) Ltd is once again set to bring the authentic taste, aroma, […]
DPMC’s e-Drive earns national recognition at Best Corporate Citizen Sustainability Awards
David Pieris Motor Company (Private) Limited (DPMC) has been recognised at the esteemed Best Corporate Citizen Sustainability Awards organised by the Ceylon Chamber of Commerce, […]
BOI continues its dialogue with industries as Cyclone Ditwah disrupts production and exports
Cyclone Ditwah has created an unprecedented national disaster in Sri Lanka, leading to severe disruptions across multiple economic sectors. The cyclone has significantly impacted industrial […]
HNB partners with Gaia Green Energy to empower Sri Lankan households with solar financing solutions
HNB PLC, Sri Lanka’s leading private sector bank, has entered into a strategic Memorandum of Understanding (MoU) with Gaia Green Energy Holdings Pvt Ltd, a […]
Donor agencies commit $350mn for Sri Lanka after cyclone, more expected
Foreign agencies have pledged US$350 million to support Sri Lanka’s cyclone recovery efforts, with further contributions anticipated, according to Deputy Treasury Secretary A.K. Seneviratne. Speaking […]
Sri Lanka rupee opens weaker, bond yields steady
Sri Lanka’s rupee was quoted at 309.55/65 to the US dollar in the spot market on Monday, marking a slight depreciation from Friday’s close of […]
Top economists call for halt to Sri Lanka debt repayments after Cyclone Ditwah
A group of 120 leading economists, including Nobel laureate Joseph Stiglitz, have urged the suspension of Sri Lanka’s debt payments in the wake of the […]
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold soared to a record high of $4,383.73 per ounce on Monday, fueled by expectations of additional U.S. Federal Reserve interest rate cuts following […]
Sri Lanka need not be a forex beggar nation, Treasury should charge dollar taxes
Sri Lanka, through its Treasury, is currently seeking budget support and dollar-denominated loans from the International Monetary Fund (IMF), the Asian Development Bank, and foreign […]
Sri Lanka Cyclone output shock to likely be offset by ‘broken window fallacy’ effect
Sri Lanka’s gross domestic product in 2026 is expected to face a significant setback due to Cyclone Ditwah, but officials anticipate that the impact will […]
U.S. Dollar Index Forecast Signals Continued Weakness Through 2026–2029
Analysts and currency prognosticators are pointing to a prolonged period of U.S. dollar weakness over the next several years, according to long-range projections from financial […]
Sri Lanka to seek central bank dollars for debt repayment if IMF tranche delayed
Sri Lanka’s Treasury is able to manage its debt repayments up to the first two months of 2026 with support from Asian Development Bank (ADB) […]
Sri Lanka to spend Rs1,000bn on Ditwah recovery over three years
Sri Lanka is projected to spend approximately 1,000 billion rupees (about 3.5 billion US dollars) on Ditwah relief and recovery efforts over the next three […]
Sri Lanka dairy farmers to get up to Rs2m for cyclone hit cattle
Sri Lanka will provide compensation of up to two million rupees to cattle farmers for cross-bred animals lost during Cyclone Ditwah, with lesser amounts allocated […]
President Unveils Biggest Disaster Relief Plan in Sri Lanka’s History
A record-breaking recovery blueprint promises cash relief, farmer compensation, housing support and strict fiscal discipline as Sri Lanka confronts its toughest post-disaster test with confidence, […]