FINANCIAL CHRONICLE — Sri Lanka is preparing to expand its tax base by reducing the registration threshold for the Social Security Contribution Levy (SSCL) through […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Emirates Adjusts Flight Schedule Until March 7 Due to Regional Airspace Restrictions
Emirates has announced plans to continue operating a limited flight schedule from March 5 until 23:59 UAE time on March 7, 2026, due to ongoing […]
Sri Lanka’s NDB Bank to Launch 11.85% Green and Sustainable Bond Listing
FINANCIAL CHRONICLE – Sri Lanka’s National Development Bank (NDB) has secured approval from the Colombo Stock Exchange to list debentures valued at 16 billion rupees, […]
Sri Lankan Rupee Declines; Bond Yields Remain Stable
The Sri Lankan rupee was quoted at 310.70/85 to the US dollar in the spot market on Thursday, showing a depreciation from the previous day’s […]
Unlocking the Potential of the Silver Economy in Sri Lanka
The Sri Lankan population is experiencing a significant demographic shift, with over 18% of the population currently aged 60 and above. By 2041, this figure […]
Asia Asset Finance PLC Reports Exceptional Q3 Results with Significant Asset Growth and Profitability Gains
Asia Asset Finance PLC (AAF) has reported a robust financial and operational performance for the third quarter ending on December 31, 2025. The company exhibited […]
Escalating Iran Conflict Drives Surge in Oil Prices
Oil prices experienced an uptick on Thursday due to mounting concerns over the extended closure of the Strait of Hormuz. The ongoing U.S.-Iran conflict has […]
President Evaluates National Strategies to Protect Tourists and Migrant Workers
In a recent meeting held at the Presidential Secretariat, President Anura Kumara Dissanayake reviewed the measures currently in place to ensure the safety and welfare […]
Volatility Looms Over the Colombo Stock Market
Sri Lanka’s benchmark All Share Price Index (ASPI) is facing renewed uncertainty as escalating tensions between Iran and the United States inject volatility into global […]
U.S. sub sinks Iranian warship off Sri Lanka, killing 87 and expanding war zone
Over 100 Iranians are feared dead following a maritime disaster off the coast of Galle, a southern town in Sri Lanka. The United States has […]
Japan and US Set to Integrate Nuclear Power Project into $550 Billion Investment Initiative, Sources Reveal
Japan and the United States are collaborating to incorporate a nuclear power project into the second round of agreements under Japan’s $550 billion investment package, […]
HIP Enhances RoRo Capacity with New Yard, Bolstering East–West Trade Lane Leadership
Hambantota International Port (HIP) has recently inaugurated a new six-hectare Roll-on/Roll-off (RoRo) yard, marking a pivotal advancement in Stage I of Phase II of its […]
Sri Lankan Rupee Decline Fuels Rise in Short-Term Bond Yields
On Wednesday, Sri Lanka’s rupee concluded trading in the spot market at 310.30/60 against the US dollar, a slight depreciation from the previous day’s closing […]
LankaPropertyWeb Launches “Apartment Finder,” Revolutionizing the Real Estate Market
LankaPropertyWeb (LPW) is transforming the property search experience with the introduction of its innovative Apartment Finder tool. As the host of Sri Lanka’s most extensive […]
President Convenes High-Level Talks to Address War’s Economic Impact on Sri Lanka and Implement Urgent Measures
A high-level discussion was convened today (04) at the Presidential Secretariat, led by President Anura Kumara Dissanayake, to evaluate the potential repercussions of the ongoing […]
Sri Lanka Stocks Surge Following Recent Plunge
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a positive turnaround on Wednesday, following Tuesday’s significant point drop triggered by unrest in […]
Metropolitan Pioneers Cutting-Edge Cinematography Technology to Transform Sri Lanka’s Film Industry
Metropolitan Technologies recently achieved a significant milestone in Sri Lanka’s digital filmmaking landscape by premiering the short film Little Life, which introduces cutting-edge imaging technology […]
Sri Lanka Treasury Bill Yields Stabilize Amid Reduced Sales
The yield on Sri Lanka’s Treasury bills remained largely stable across various maturities at the auction held on Wednesday, as reported by the Public Debt […]