Sri Lanka is in a stronger position to withstand global oil price shocks compared to the crisis in 2022, supported by a $7 billion foreign […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
John Keells Foundation Celebrates Women Empowerment on International Women’s Day with Inspiring Success Stories
“I began mushroom cultivation for my mental wellbeing, not expecting it to become a business,” said Indika Lasanthi, a mushroom cultivator under the John Keells […]
Sri Lanka’s Central Bank Governor Confirms Robust Policy Buffers to Mitigate External Challenges
In an interview with Bloomberg on March 7, 2026, Governor Dr. P. Nandalal Weerasinghe provided insights into Sri Lanka’s preparedness to handle potential global economic […]
Pay&Go CEO Vardan Aslibekyan Joins Board of Sri Lanka’s Fintech Forum
Sri Lanka’s fintech sector is gaining significant momentum with the recent appointment of Vardan Aslibekyan, Director and Chief Executive Officer of Pay&Go, to the Board […]
Ogilvy Group Secures Six Effie Awards for Campaigns Addressing National Priorities
Ogilvy Group Sri Lanka showcased an outstanding performance at the SLIM Effie Awards 2025, recently securing six awards: one Gold, three Silver, and two Bronze, […]
Sri Lanka Insurance Life Invites Applications for Suba Pathum Scholarships
Sri Lanka Insurance Life (SLIC Life), the nation’s insurer, has consistently played a pivotal role in enhancing the prospects of future generations. As one of […]
Iran Conflict Sparks 25% Surge in Global Oil Prices
Global oil prices have surged approximately 25%, reaching their highest level since mid-2022, driven by the escalating conflict involving Iran, according to reports from foreign […]
Sri Lanka’s Iconic Sigiriya, Galle Fort, and Sacred Temple of the Tooth Top TTW’s 2026 Global Heritage Rankings
Travel and Tour World (TTW) has released its latest research titled, “50 Heritage Sites in the World for 2026,” spotlighting landmarks that are shaping the […]
Fitch Warns of Escalating Credit Risks for Emerging Markets Amid Iran Conflict
The recent US-Israeli attacks on Iran and the subsequent retaliation from Iran might pose additional challenges for certain emerging market sovereigns, including Sri Lanka. According […]
Dialog Celebrates International Women’s Day with 24/7 Trilingual AI Support Launch on Yeheli.lk
Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has launched a new AI-powered Chat & Voice Bot on Yeheli.lk, the country’s first free, trilingual, and […]
Sri Lanka Stocks Plummet 3.28% Amid Surging Oil Prices Over $100 a Barrel
On Monday, the Colombo Stock Exchange in Sri Lanka experienced a significant decline following the surge in global oil prices, which rose by over 20 […]
Iran Tensions Heighten Credit Risks for Emerging Market Sovereigns
The ongoing conflict in Iran presents potential challenges for some emerging market sovereigns, as noted by Fitch Ratings. These challenges could manifest through various channels, […]
Sri Lankan Rupee Declines Amid Rising Bond Yields and Global Oil Price Surge
The Sri Lankan rupee was quoted at 311.50/312.00 against the US dollar in the spot market on Monday, showing a notable weakening from Friday’s close […]
Crude Oil Prices Exceed $100 Per Barrel Amid Iran Conflict Disruptions
Oil prices have surged past US$100 per barrel for the first time in more than three and a half years, as the ongoing conflict in […]
Royal College wins Golf 2026
Royal College emerged victorious at the annual Royal–Thomian Golf Tournament held today, following an intense and closely contested competition between alumni of Royal College and S. Thomas’ College. […]
Empowering Women in the Digital Age: The Rise of On-Chain Economic Agency
For decades, progress in financial inclusion was marked by small victories such as opening a bank account, disbursing a microloan, or adding a woman’s name […]
Colombo Stock Exchange and Global Partners Ring Opening Bell to Promote Women’s Leadership in Sri Lanka
Unlocking the economic potential of women is crucial for job creation and fostering inclusive growth in Sri Lanka. Despite progress in increasing the representation of […]
Sri Lanka Customs Surpasses February Revenue Target by 28%
In February 2025, Sri Lanka Customs exceeded its revenue target by 28 percent, collecting 212.4 billion rupees against a target of 160.2 billion rupees, according […]