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 […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
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 […]
Sri Lanka’s Inflation Drops to 1.6% in February 2026 as Food Prices Decline
Sri Lanka’s Colombo Consumer Price Index (CCPI) indicated a slowdown in headline inflation on a year-on-year basis in February 2026, primarily due to a reduction […]
Sri Lanka Debuts First Blue Bond with Dual Listing on NSE IX at GIFT City
The recent admission of Sri Lanka’s inaugural Blue Bond, a LKR 3 billion issuance by DFCC Bank, to the NSE International Exchange (NSE IX) at […]
People’s Bank of Sri Lanka Achieves Record Profits and Asset Growth in FY 2025
Sri Lanka’s state-owned lender, People’s Bank, has announced a record-breaking consolidated profit of 43.5 billion rupees for the financial year 2025, driven by substantial gross […]
Sri Lankan Rupee Strengthens as Bond Yields Maintain Stability
Sri Lanka’s rupee strengthened against the US dollar in the spot market on Friday, closing at 309.20/25 compared to the previous day’s rate of 309.29/32, […]
Colombo Bourse Achieves Over Rs. 7Bn Turnover Amid Indices Decline
Sri Lanka’s stock market experienced a decline on Friday, despite a notable increase in trading activity, with turnover exceeding the Rs. 7 billion mark. At […]
Sri Lanka Stocks Decline Amidst Week of Market Volatility
Sri Lanka’s Colombo Stock Exchange concluded trading on a downward trend on Friday, with significant activity in the food, beverage and tobacco sectors, as well […]
Colombo Experiences Significant Decline in Food Inflation for February 2026
In February 2026, Colombo experienced a significant decline in food inflation, which contributed to an overall reduction in consumer price pressures, as reported by the […]
Prime Minister Invites Investors and Tourists to Support Sri Lanka’s Journey Toward Sustainable Development
Prime Minister Dr. Harini Amarasuriya emphasized Sri Lanka’s commitment to sustainable growth and extended a warm welcome to investors and tourists who can bolster the […]
Sri Lanka Harnesses Economic Potential by Embracing Digital Nomads
FINANCIAL CHRONICLE – Sri Lanka is poised to enhance its gross domestic product by welcoming ‘digital nomads’ to reside on the island and engage in […]
Sri Lanka’s Smaller Banks Under Spotlight as Central Bank Drives Consolidation: Fitch
Fitch Ratings has expressed a positive outlook on the Central Bank of Sri Lanka’s (CBSL) reintroduction of a consolidation framework for the banking sector, viewing […]
Bank of Ceylon Achieves Rs. 120.8 Billion Pre-Tax Profit Milestone in 2025
Bank of Ceylon (BOC) concluded the financial year ending December 31, 2025, with remarkable achievements, posting a Profit After Tax (PAT) of Rs. 76.0 billion, […]
Sri Lanka’s Apparel Exports Decline in January Amid Global Market Fluctuations: JAAF Reports
FINANCIAL CHRONICLE – Sri Lanka’s apparel exports experienced a decline of 2.66 percent in January 2026, reaching 425.44 million dollars compared to 437.07 million dollars […]
City of Dreams Sri Lanka Unveils Vibrant “Signature Holi Rush” Celebration
City of Dreams Sri Lanka is gearing up to host a vibrant celebration of Holi with the “Signature Holi Rush,” a three-day extravaganza from March […]
Sri Lanka’s Apparel Exports Decline in January Amid Stable UK Market
In January 2026, Sri Lanka’s apparel exports experienced a year-on-year decrease of 2.66%, dropping to US$ 425.44 million from US$ 437.07 million in January 2025. […]
Sri Lanka Boosts Treasury Bill Sales by Rs31.12bn Post-Auction
FINANCIAL CHRONICLE – Sri Lanka’s public debt management office has successfully sold treasury bills amounting to 31,124 million rupees through a tap issue. These were […]