FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 311.25/35 to the US dollar in the spot market Wednesday, improving from 311.30/40 the previous day, […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Asian stocks rally as oil retreats, Fed in spotlight
Reuters – Asian shares rallied on Wednesday as oil prices paused their gains, with markets turning to the U.S. Federal Reserve meeting to see how […]
Oil prices ease as Iraqi and Kurdish authorities agree to export deal
Reuters – Oil prices eased on Wednesday to pare back some of Tuesday’s sharp gains after the Iraqi government and Kurdish authorities reached a deal […]
Sri Lanka Records 5% GDP Growth in 2025
Sri Lanka’s economy recorded a 5.0% growth in 2025, with all key sectors contributing positively, according to the Department of Census and Statistics Sri Lanka. […]
Sri Lanka Permits Select Sectors to Conduct Fuel Transactions in US Dollars
FINANCIAL CHRONICLE – Sri Lanka has allowed the private sector to import and sell fuel for the export and tourism sectors in U.S. dollars to […]
Sri Lanka Urged to Maintain Robust Fiscal and External Measures for Stability: Central Bank
FINANCIAL CHRONICLE – Sri Lanka needs to sustain its fiscal consolidation efforts and strengthen external sector buffers to safeguard macrofinancial stability, the Central Bank said […]
Sri Lankan Rupee Strengthens as Bond Yields Rise Amid Limited Trading
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 311.30/40 to the US dollar in the spot market Tuesday, improving from 311.50/60 the previous day, dealers […]
Central Bank Outlines Financial Sector Performance in 2025
Macrofinancial Conditions Domestic macrofinancial conditions strengthened further in 2025, supporting continued credit expansion, although external vulnerabilities remained a concern. Credit growth accelerated markedly, with total […]
Samsung Sri Lanka Unveils New Refrigerators and Air Conditioner from March 2026
Samsung Sri Lanka introduced a new range of home appliances to the local market on 1st March 2026, reinforcing its focus on energy efficiency, smart […]
CFA Society Sri Lanka to Host Career Fest 2026 in Celebration of CFA Institute Global Career Month
CFA Society Sri Lanka has announced the launch of Career Fest 2026; a flagship career initiative held in alignment with CFA Institute’s Global Career Month […]
Deloitte Tax Leader Charmaine Tillekeratne recognised as Highly Regarded – Women in Tax Leader – Asia Pacific for 2026
Deloitte Sri Lanka announced that Charmaine Tillekeratne, Partner – Head of Tax, Deloitte Sri Lanka and Maldives, has been recognised as a “Highly Regarded – […]
Novus Technologies Joins LankaPay Technnovation Awards 2026 as a Platinum Sponsor
Novus Technologies – a global FinTech service solution provider – has come on board as a Platinum Sponsor for the LankaPay Technnovation Awards 2026, marking […]
India in talks for six FTAs with Australia, Sri Lanka, Peru, Chile and others
The Hindu Businessline – India is currently negotiating six Free Trade Agreements (FTAs) with different countries and regional groups as part of its efforts to expand […]
Sri Lanka Opens Colombo Port City for Unlimited Duty-Free Shopping Opportunities
FINANCIAL CHRONICLE – Sri Lanka will amend the Colombo Port City regulatory framework to allow passengers arriving from abroad to purchase goods from its duty-free […]
Sri Lanka Stock Market Falls 2.41% Amid Fuel Shortage Concerns
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed 2.41 percent down on Tuesday as investors were spooked by fears of a fuel shortage, brokers […]
Hayleys Fentons of Sri Lanka and India’s JSL Secure Contract to Construct Mannar Power Line
FINANCIAL CHRONICLE – Sri Lanka’s cabinet has approved awarding a tender for building a power transmission line from Mannar to Mullikulam to JSL & Fentons […]
NPCI International Strengthens UPI Merchant Acceptance in Sri Lanka to Enable Seamless Payment Experience for Indian Tourists
For merchants: UPI provides access to a large, digitally savvy customer base, improves cash management, reduces dependence on physical currency and enhances operational efficiency. For […]
Oil prices bounce back 3% as Iran war halts supply
Reuters – Oil prices rose around 3% on Tuesday, clawing back some of the previous session’s losses on renewed supply fears, with the Strait of […]