Fitch Ratings has indicated that insurance losses resulting from the recent flooding caused by Cyclone Ditwah are likely to be limited for most rated insurers […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka rupee weaker, bond yields steady
Sri Lanka’s rupee continued to depreciate, opening at 309.75/80 against the US dollar in the spot market on Thursday, compared to 309.65/72 the previous day, […]
Sri Lanka to breach 2026 primary spending limit, but keep IMF debt targets: Minister
Sri Lanka is expected to exceed the primary spending limit of 13 percent of gross domestic product (GDP) in 2026 due to cyclone relief efforts, […]
Sri Lanka to host donor conference to raise rebuilding funds
Sri Lanka will host an international donor conference in January 2026 to secure funding for reconstruction and rebuilding efforts following the recent devastation caused by […]
Sri Lanka Cricket orders early return of IPL players
Sri Lanka Cricket has reportedly instructed national players currently participating in the ILT20 tournament in Dubai to return to the country by Dec. 20, despite […]
Sri Lanka Army rebuilds in Mullaitivu
Sri Lanka Army Engineers have restored essential connectivity following the complete collapse of the Nayaru main bridge in Mullaitivu, which was severely damaged by intense […]
SEC Warns Investors Against ‘Blue Ocean Securities’ Scam Involving Fake Trading App and WhatsApp Groups
The Securities and Exchange Commission of Sri Lanka (SEC) has issued a warning to investors regarding a fraudulent scheme operating under the name Blue Ocean […]
Sri Lanka key revenue agencies to exceed tax targets by Rs400bn: Minister
Sri Lanka’s main revenue agencies are expected to surpass their 2025 collection targets, and the budget deficit is projected to remain below the original estimate […]
Sri Lanka’s Capital Alliance upgraded to A+ by Lanka Rating Agency
Sri Lanka’s Capital Alliance PLC (CAL) has received an upgraded credit rating of A+ with a Stable Outlook from Lanka Rating Agency (LRA), reflecting the […]
Sri Lanka stocks dip 0.02-pct on banks and capital goods
The Colombo Stock Exchange (CSE) closed 0.02 percent lower, weighed down by declines in diversified financial and capital goods shares, according to official data. The […]
Exclusive: Sri Lanka forecasts 5% growth in 2026, aided by post-cyclone reconstruction
Sri Lanka anticipates economic growth exceeding 5% in the coming year, matching this year’s pace and surpassing projections from the International Monetary Fund (IMF). This […]
Sri Lanka rupee weaker, bond yields down
Sri Lanka’s rupee continued to weaken, closing at 309.65/72 against the US dollar in the spot market on Wednesday, compared to 309.50/60 the previous day, […]
Sri Lanka sells Rs40.62bn Treasury bills; yields flat
Sri Lanka has raised 40.62 billion rupees through the sale of Treasury bills at a recent auction, according to data released by the Ministry of […]
David Pieris Group expands global footprint with investment in Dubai-based Navire Logistics
The David Pieris Group has strengthened its international presence by acquiring a 50% ownership stake in Navire Logistics Services L.L.C (www.navirelogistics.com), a well-established logistics company […]
Evolution Auto Launches Riddara RD6 Active – Sri Lanka’s Most Accessible Electric Double-Cab for the New Generation
Evolution Auto, Sri Lanka’s leading provider of electric mobility solutions, has officially launched the Riddara RD6 Active, the country’s newest all-electric double-cab pickup. The unveiling […]
Janashakthi Finance appoints Sithambaram Sri Ganendran as CEO
Janashakthi Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has announced the appointment of Sithambaram Sri Ganendran as […]
KAL hosts inaugural Sri Lanka ATM business and technology gathering
KAL, a leading global provider of ATM software, recently organized an innovation-focused event in Colombo aimed at fostering growth and advancement within Sri Lanka’s banking […]
Financial Chronicle Goes Trilingual
Financial Chronicle Sri Lanka has taken a major step toward inclusive and wider communication by becoming a fully trilingual news platform, now publishing content in […]