Due to the ongoing conflict resulting in the closure of airspace in certain parts of the Middle East, SriLankan Airlines has announced the cancellation of […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Bitget Celebrates International Women’s Day with a Call for Female Leadership in Shaping Web3’s Future
Bitget, recognized as the world’s largest Universal Exchange (UEX), is celebrating International Women’s Day under its flagship Blockchain4Her initiative. This effort aligns with the company’s […]
Walkers Tours Unveils “Walkers Sports,” a New Sports Tourism Brand, at IRONMAN 70.3 Colombo
Walkers Tours officially unveiled its dedicated sports tourism brand, Walkers Sports, during the internationally acclaimed IRONMAN 70.3 Colombo, which took place from February 19th to […]
Sri Lanka Secures Fuel Supply for the Coming Month: President Announces
FINANCIAL CHRONICLE – President Anura Dissanayake assured Parliament on Tuesday that Sri Lanka is effectively managing its oil reserves, addressing concerns that arose from queues […]
Central Bank Set to Release Economic Impact Report Amid Middle East Crisis
President Anura Kumara Dissanayake announced in Parliament today (03) that the Central Bank of Sri Lanka is set to release a review report tomorrow (04) […]
Discover Ramadan Delights with ‘Level Bite’: From His Table to Your TikTok Feed
As Sri Lanka joins millions around the globe in celebrating the sacred month of Ramadan this February, the familiar rhythm of reflection, gratitude, unity, and […]
Fitch Ratings Assigns ‘AAA(lka)’ to Hayleys’ Rs7 Billion Debt Issue in Sri Lanka
FINANCIAL CHRONICLE – Fitch Ratings has assigned a National Long-Term Rating of ‘AAA(lka)’ to the proposed unsecured senior redeemable debentures by Sri Lankan conglomerate Hayleys […]
Sri Lanka Central Bank Conducts Comprehensive Survey of VASPs
The Financial Intelligence Unit of Sri Lanka’s Central Bank is currently conducting a survey targeting virtual asset service providers (VASPs). This initiative is part of […]
Iran Conflict’s Magnitude and Duration to Influence Sovereign Rating Impact
Fitch Ratings has indicated that Middle Eastern sovereign ratings generally possess enough resilience to endure a short-term regional conflict, provided it doesn’t escalate further. However, […]
CSE Trading Suspended Temporarily
Trading activities at the Colombo Stock Exchange (CSE) were temporarily suspended today following a more than 5% decline in the S&P SL20 index compared to […]
Sri Lanka Stocks Tumble, Prompting Market Halt Amid Middle East Tensions
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a significant decline upon opening on Tuesday, driven by investor uncertainty stemming from tensions […]
Sri Lankan Rupee Declines Amid Fluctuating Bond Yields
Sri Lanka’s rupee began the week on a weaker note, trading at 309.75/310.20 against the US dollar in the spot market on Monday. This marks […]
Wall Street Closes with Mixed Results Amid Volatile Trading Following Iran Air Strikes
U.S. stocks remained steady on Monday, recovering from early losses during a volatile session following U.S. and Israeli air strikes on Iran, which had unsettled […]
Sri Lanka’s Capital Expenditure Poised to Yield Long-Term Economic Benefits, Says Treasury Secretary
FINANCIAL CHRONICLE – Sri Lanka is strategically investing in capital projects following thorough feasibility studies to ensure long-term economic benefits, according to Treasury Secretary Harshana […]
Emirates Resumes Limited Flight Operations This Evening
Emirates will resume a limited number of flights starting this evening, March 2, as disruptions in airspace continue to impact operations. Passengers with existing bookings […]
Sri Lanka Anticipates Reduced Fuel Queues with New Anti-Hoarding Measures Starting Tuesday
FINANCIAL CHRONICLE–The Sri Lankan government anticipates that fuel queues will dissipate starting Tuesday (03), following measures to prevent fuel hoarding and ensure an adequate supply, […]
SriLankan Airlines Cancels 10 Middle East Flights Due to Airspace Closure
FINANCIAL CHRONICLE – SriLankan Airlines, the state-owned national carrier, announced the cancellation of 10 flights to Middle Eastern airports on Monday due to the ongoing […]
Emirates Extends Flight Suspension to March 3 Due to Airspace Closures
Emirates has announced an extension of its temporary suspension of flight operations to and from Dubai, now set to last until 15:00 UAE time on […]