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 […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka Announces Formation of ‘Innovation Authority’ through Industrial Agency Merger: Minister
Sri Lanka is set to enhance its industrial regulatory framework by merging three key state agencies into a single entity, as announced by the Minister […]
Emirates Restores Flight Operations Following Disruption
Emirates has announced the resumption of its flight operations and has advised passengers with confirmed bookings for Saturday afternoon flights to proceed to the airport. […]
Sri Lanka Central Bank Acquires $461 Million from Forex Market in February 2026
In February 2026, the Central Bank of Sri Lanka (CBSL) acquired USD 461 million from the domestic foreign exchange market, according to recent data released […]
Sri Lanka Secures Over $1.4 Billion in Worker Remittances in Early 2026
Sri Lanka received USD 729 million in workers’ remittances in February 2026, as reported by the Central Bank of Sri Lanka (CBSL). This marks a […]
Salary Crisis Hits Wijeya Newspapers Staff Amid Financial Strain
Colombo – Employees of one of Sri Lanka’s leading media institutions, Wijeya Newspapers Limited, are facing severe financial hardship after the company reportedly failed to pay […]
Sri Lanka Sees 33% Surge in Worker Remittances, Reaching US$729 Million in February 2026
Sri Lanka’s official remittances increased by 33% to USD 729 million in February 2026, continuing an upward trend that began in 2024, according to data […]
Emirates Facilitates Departure of 30,000 Passengers from Dubai, Set to Operate 60% of Routes by Tomorrow
Following the partial reopening of regional airspace, Emirates is currently operating a reduced flight schedule while actively working to restore full network operations. The airline […]
CBSL Governor Advocates for Enhanced Energy and Digital Connectivity to Propel South Asian Integration
Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, underscored the importance of targeted regional integration in South Asia, focusing on the […]
Sri Lanka’s Debt Progresses Toward Sustainability, Investors Informed
FINANCIAL CHRONICLE – The Secretary of Sri Lanka’s Finance Ministry has announced that the country’s debt is now on a sustainable path. This statement was […]
Sri Lankan Rupee Shows Modest Recovery, Bond Yields Remain Stable
Sri Lanka’s rupee concluded trading at 311.00/20 against the US dollar in the spot market on Friday, showing a slight improvement from the previous day’s […]
Sri Lanka’s Official Reserves Exceed USD 7 Billion, Marking a Milestone Since August 2020
Sri Lanka’s official reserve assets have exceeded the USD 7 billion threshold for the first time since August 2020. According to the latest figures released […]
Sri Lanka Stocks Decline Amid Profit-Taking Activity
The Colombo Stock Exchange in Sri Lanka concluded its trading session on a downturn this Friday, as investors sought to capitalize on recent gains by […]
SDB Bank Unveils New Warakapola Branch to Elevate Customer Experience
SDB Bank has relocated its Warakapola Branch to a new, modern facility, enhancing its commitment to providing a customer-centric banking experience. The newly refurbished branch, […]
Fitch Awards ‘A(lka)’ Rating to Sri Lanka’s Mahindra Ideal Finance Debt
FINANCIAL CHRONICLE – Fitch Ratings has assigned a final National Long-Term Rating of ‘A(lka)’ to the proposed 1 billion rupee subordinated listed debentures of Sri […]
NDB Wealth Presents Premier Investor Forum and Networking Event in Kandy
NDB Wealth recently hosted an exclusive investor forum and networking session in Kandy, gathering top business leaders, high net worth individuals, and corporate professionals for […]
Samsung Sri Lanka Honors International Women’s Day 2026
This International Women’s Day 2026, Samsung Sri Lanka proudly honors the strength, resilience, and leadership of women within its organization under the global theme, “Give […]
Sri Lanka’s Tea Industry Faces USD 10-15 Million Weekly Loss Amid Middle East Conflict
The ongoing military conflict in the Middle East has significantly impacted the Sri Lankan tea industry, as exporters face challenges in supplying tea to the […]