The Land Valuation Indicator (LVI) for the Colombo District experienced a significant increase of 10.6% during the second half of 2025, compared to the corresponding […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lankan Rupee Stabilizes as Bond Yields Hold Steady
On Thursday, Sri Lanka’s rupee was quoted at 309.33/37 against the US dollar in the spot market, according to dealers. Meanwhile, bond yields remained broadly […]
Global Debt Reaches Unprecedented $348 Trillion in 2025 Due to Increased Government Spending, Reports IIF
Global debt reached an unprecedented $348 trillion by the end of 2025, following a substantial increase of nearly $29 trillion over the year, marking the […]
U.S. Delegation Explores Strategic Investments in Sri Lanka’s Graphite Industry
A delegation from the Montana State Partnership Program recently engaged in discussions with Sri Lanka’s Ambassador to the United States, Mahinda Samarasinghe, to explore potential […]
Bondholders to Decide on Debt Restructuring for Sri Lanka’s State Airline in March
Holders of defaulted SriLankan Airlines debt are set to vote on March 18 regarding an exchange for government bonds, a move that could finalize the […]
Sri Lanka’s Influential Spymaster Suresh Salley Arrested: An In-Depth Analysis
The arrest of Major General Suresh Salley, the former head of Sri Lanka’s State Intelligence Service (SIS) and Military Intelligence, on February 25, 2026, represents […]
Prime Lands Residencies PLC Acquires Iconic Otters Club Car Park for “The Elizabeth,” a Landmark Development in Colombo 7
Prime Lands Residencies PLC has successfully acquired the historic Otters Club Car Park property in Colombo 7 through a recent agreement with the Urban Development […]
Sri Lanka Stocks Rise with Boost from Diversified Financials and Capital Goods
Sri Lanka’s Colombo Stock Exchange experienced a slight uptick on Wednesday, with capital goods and diversified financials driving the turnover. The All Share Price Index […]
Market Turnover Surpasses Rs. 4 Billion Amid Modest Index Gains
On Wednesday, Sri Lanka’s stock market experienced a modest uptick, with both major indices closing the day on a positive note amid moderate trading activity […]
SriLankan Airlines Secures Long-Term Line Maintenance Pact with Batik Air Malaysia
SriLankan Engineering has officially entered into a new long-term Line Maintenance Agreement with Batik Air Malaysia to support all of the airline’s flights to Colombo, […]
Sri Lanka Treasury Bill Yields Decline Across Maturities Amid Reduced Sales
Sri Lanka’s Treasury bill yields experienced a decline across all maturities at the auction held on Wednesday, according to data provided by the Public Debt […]
Samsung Sri Lanka Launches Captivating ‘Wowurudu’ Avurudu Season Campaign
Samsung Sri Lanka is set to embrace the Avurudu season with the launch of its latest consumer electronics campaign, ‘Wowurudu’, commencing on February 15, 2026. […]
IMF Representative Cautions Investors: Sri Lanka’s Journey to Success is Ongoing
FINANCIAL CHRONICLE – Sri Lanka’s recovery under the International Monetary Fund (IMF) programme has been deemed a success, though it remains an ongoing journey, according […]
DFCC Bank Celebrates Milestone with Launch of Sri Lanka’s First Basel III Compliant GSS+ Bond on Colombo Stock Exchange
DFCC Bank PLC was invited by the Colombo Stock Exchange (CSE) to ring the market opening bell, celebrating the successful launch of Sri Lanka’s first […]
DFCC Bank Achieves Landmark Success with Record Performance and Strategic Expansion for 2025
DFCC Bank achieved remarkable financial performance for the year ending 31 December 2025, showcasing the effectiveness of its strategic approach, disciplined execution, and robust balance […]
Sri Lanka and New Zealand Bolster Trade Relations in Anticipation of Sri Lanka Expo 2026
The Sri Lanka Export Development Board (EDB) recently conducted a high-level virtual meeting with key stakeholders, including the High Commission of New Zealand in Sri […]
Lihini Sea Foods Triumphs with Gold at 33rd NCE Export Awards
Lihini Sea Foods (Pvt) Ltd has been awarded the prestigious Gold Award in the Extra Large Category for the Fisheries & Fishery Products Sector at […]
Serendib Flour Mills Talent Secures Silver at Prestigious CFTRI International School of Milling Technology in India
Serendib Flour Mills has demonstrated its commitment to the development of its workforce and technical excellence with the recent international academic success of Tharindu Ihalagedara, […]