Airline shares experienced a significant decline on Monday following the U.S. and Israel’s weekend strikes on Iran, which led to disruptions in travel and a […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Inland Revenue Amendments Aim to Enhance Tax Clarity for Unit Trusts
The Unit Trust Association of Sri Lanka has announced key tax-related provisions concerning Unit Trusts, as outlined in the proposed Bill to amend the Inland […]
SriLankan Airlines Suspends Flights to Dubai and Doha Amid Operational Disruptions
SriLankan Airlines has announced the cancellation of several flights scheduled for today due to the continued closure of airspace in parts of the Middle East. […]
Sri Lanka Implements Strategic Initiatives to Protect Tourists and Migrant Workers Amid Middle East Unrest
In light of the recent unrest in the Middle East and the Gulf region, the Sri Lankan Government has initiated several operations to ensure the […]
Sri Lanka Secures Additional Rs14bn in Treasury Bond Sales Post-Auction
Sri Lanka successfully sold 14 billion rupees worth of bonds offered on tap at an average rate established during this week’s auction, according to data […]
Balancing Revenue and Repression: Sri Lanka’s Tax Administration and Justice System
FINANCIAL CHRONICLE – Sri Lanka has achieved significant advancements in tax collection, particularly by enhancing its value-added tax (VAT) system. This improvement is aimed at […]
Fitch Assigns ‘AAA(lka)’ Rating to Hayleys’ Upcoming Debenture Issue
Fitch Ratings has announced the assignment of a National Long-Term Rating of ‘AAA(lka)’ to Hayleys PLC’s proposed unsecured senior redeemable debentures, which are valued at […]
Sri Lankan Authorities Urge Vigilance for Citizens in the Middle East
The Ministry of Foreign Affairs, Foreign Employment and Tourism of Sri Lanka is closely monitoring the unfolding security situation in the Middle East. Ensuring the […]
US-Iran Tensions Poised to Influence Global Markets
Reuters – The United States and Israel initiated strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict. […]
“MTI: Gulf Turmoil to Challenge Sri Lanka’s Economic Resilience”
The CEO of MTI Consulting, speaking from Bahrain, has issued a warning regarding the potential stress on the Sri Lankan economy as tensions rise in […]
SriLankan Airlines Issues Crucial Update on Middle East Operations
In light of the ongoing airspace closures in certain regions of the Middle East, SriLankan Airlines has announced the cancellation of several flights scheduled for […]
Israeli sources: Iran’s Supreme Leader Ali Khamenei killed in strikes
Iran’s supreme leader, Ayatollah Ali Khamenei, was killed in Israeli attacks, with U.S. support, on Saturday. He was 86 years old. President Trump announced the […]
US-Israel Strike on Iran Jeopardizes Sri Lanka’s Fragile Recovery
As the sun rose over Colombo on February 28, 2026, news of a coordinated military strike by the United States and Israel against Iranian strategic […]
SalamAir Announces Temporary Suspension of International and Masirah Flights
SalamAir has announced a temporary suspension of all its international flights and services to Masirah for a 24-hour period, beginning on February 28, 2026. In […]
Sri Lankans Largely Unaffected in Middle East Following Iran Attack: MFA
Sri Lankans in the Middle Eastern region have remained largely unaffected following the recent attack on Iran, the island nation’s Foreign Ministry reported. This statement […]
SriLankan Airlines Halts Numerous Middle East Flights Due to Airspace Closures
SriLankan Airlines has announced the cancellation of several flights to and from key Middle Eastern destinations scheduled for today, citing the closure of airspace in […]
Israel Initiates Offensive Against Iran, Reports International Media
Israel initiated a pre-emptive strike against Iran on Saturday, escalating tensions in the Middle East and casting a shadow over hopes for a diplomatic resolution […]
Sri Lanka’s Construction Surge in January 2025 Highlights Labor Shortage Challenges: PMI Report
In January 2026, Sri Lanka’s construction sector witnessed a significant surge in activity, as indicated by a rise in the Purchasing Managers Index (PMI) to […]