FINANCIAL CHRONICLE – Sri Lanka’s Siyapatha Finance, a subsidiary of Sampath Bank, has received Colombo Stock Exchange approval in principle to list 3.75 billion rupees […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Discussion chaired by the President on measures to be taken amid disruptions to energy supply networks due to the Middle East conflict
A special discussion on the next steps to be taken in view of the situation arising from the conflict in the Middle East was held […]
Sri Lanka shows its Tourism potential at the ITB Berlin with flying colours
Sri Lanka was able to conclude its participation at the ITB 2026 on a successful note, attracting visitors both German and from all across the […]
Sri Lanka Stocks Slide 2.22% as S&P SL20 Dips Below 6,000 Mark
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Monday, as global oil prices rose over 104 dollars per barrel due to the […]
Maharaja Foods of Sri Lanka Launches New Shares Following Successful Rights Issue
FINANCIAL CHRONICLE – Sri Lanka’s Maharaja Foods announced the listing of 12,500,000 new ordinary voting shares following a rights issue. According to a filing with […]
Sri Lankan Rupee Steady as Bond Yields See Slight Increase
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 311.10/30 to the US dollar in the spot market Monday, broadly unchanged from 311.15/25 Friday, dealers […]
Asia shares wary, oil choppy on Hormuz doubts
Reuters – Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that […]
Foreign Investors Offload $14.6 Million in Sri Lanka Rupee Bonds Amid Depreciation Concerns
FINANCIAL CHRONICLE – Foreign investors sold US$14.6 million worth of Sri Lanka government securities in the week ended March 12, Central Bank data showed, amid […]
Oil poised for further gains as Middle East conflict threatens export facilities
Reuters – Oil prices could extend gains at Monday’s open as the U.S.-Israeli war against Iran entered a third week, putting oil infrastructure at risk […]
Discussion between President and Ministry Secretaries on Maintaining Essential Services amid the Middle East Conflict
A discussion between President Anura Kumara Dissanayake and ministry secretaries, along with several heads of institutions, was held today (15) at the Presidential Secretariat regarding […]
Sri Lanka Reinstates QR System to Manage Fuel Rationing
FINANCIAL CHRONICLE – Sri Lanka has restricted fuel supply to all motorists with effect from Sunday (15) citing “the prevailing geopolitical developments in Middle East,” […]
Sri Lanka Olympic Committee Partners with Carnage to Enhance Athlete Support
FINANCIAL CHRONICLE – The National Olympic Committee of Sri Lanka (NOC Sri Lanka) is partnering with Carnage to boost athlete development and performance on the […]
Banks Hike Oil Price Forecasts, and Some See $150 Crude
Oilprice.com – Investment banks are scrambling to revise up their oil price forecasts as the Middle East war cripples supply from the most important oil-producing […]
More Tourists, Less Revenue: Sri Lanka’s Tourism Earnings Fall Despite Record Arrivals
Sri Lanka recorded the highest number of tourist arrivals in history during the first two months of 2026, although tourism earnings declined during the same […]
Sri Lanka’s February Tourism Revenue Declines by 4.3%
FINANCIAL CHRONICLE – Sri Lanka’s foreign exchange revenue from tourism in February 2026 edged down 4.3 percent from a year ago to US$352 million, the […]
Consulate General partners with Tata Group for Rebuilding Sri Lanka Initiative
Following discussions with the Consulate General of Sri Lanka in Mumbai and an on-the-ground assessment in Sri Lanka, the Tata Group has initiated a project […]
Fitch Ratings Highlights Increasing AI Risks for Software, Media, and Service Corporates
Fitch Ratings-Toronto/New York: Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption […]
Gulf Oil Producers Have Already Lost $15 Billion Since the Start of the War
Oil producers in the Arab Gulf have already lost at least $15.1 billion in oil and gas revenues since the start of the Middle East […]