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 […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
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 […]
Sri Lanka Considers Russian Fuel Acquisition Following U.S. Sanction Lift
FINANCIAL CHRONICLE – Sri Lanka has started talks on possibilities of buying Russian oil after the United States eased the sanctions on fuel purchase from […]
Mazagon Dock Shipbuilders Secures Majority Stake in Colombo Dockyard with 51% Acquisition
FINANCIAL CHRONICLE – India’s Mazagon Dock Shipbuilders Limited said it now holds 201,565,500 ordinary shares of Colombo Dockyard PLC, a 51.00 percent stake, despite there […]
The Embassy of Sri Lanka hosts “Explore the Treasures of Sri Lanka”: Attracting Luxury Travel Specialists in Belgium
The Embassy of Sri Lanka in Brussels, in collaboration with Andrews the Travel Company in Sri Lanka, hosted a special destination awareness event titled “Explore […]
Sri Lanka Stocks Conclude the Week with a 1.34% Decline
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed down 1.34 percent on Friday, 4.5 percent weaker compared to the same day last week, data […]
Sri Lankan Rupee Declines as Bond Yields Remain Stable
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 311.15/25 to the US dollar in the spot market Friday, weaker than 311.00/05 the previous day, dealers […]
Lina Manufacturing supports SL College of Pulmonologists’ RESPIRE 2026 as Diamond Sponsor
Lina Manufacturing, the pharmaceutical manufacturing arm of Sunshine Holdings PLC, recently participated as the Diamond Sponsor at RESPIRE 2026, the annual academic sessions of the […]
PIMARC 2026 Concludes on a High Note
The Postgraduate Institute of Management (PIM) successfully concluded its annual research conference, PIMARC 2026, on February 19, convening academics, business leaders, policymakers, and emerging scholars […]
NESCAFÉ Fashion Café – A Creative Fusion at Colombo Fashion Week 2026
Nestlé’s iconic coffee brand, NESCAFÉ, is proud to once again partner with Colombo Fashion Week, fueling creativity at the 23rd Edition of Sri Lanka’s most […]
The Selvern Trust unlocks new opportunities with barrier-breaking language app
SELVE is an innovative, spoken English app designed to make English communication more accessible through real-time AI-driven support. Developed by the Selvern Trust for people […]
Port City Colombo and Orel It Sign Strategic Partnership to Strengthen Technology Services Backbone
Port City Colombo has strengthened its technology services ecosystem by signing a strategic partnership agreement with OREL IT. The partnership marks an important step in […]
John Keells Hotels PLC to Divest Cinnamon Citadel in Rs. 2.77 Billion Deal with Dedigama Group
John Keells Hotels PLC has entered into an agreement to divest its controlling stake in the company that owns the well-known Cinnamon Citadel in Kandy. […]
Former SriLankan Airlines Chief Arrested Again Over 2013 Airbus Deal Controversy
FINANCIAL CHRONICLE – Sri Lanka has arrested the former CEO of Sri Lankan Airlines for a second time in the last seven years over a […]