Asian stock markets faced early turbulence on Tuesday, following a significant selloff on Wall Street that unsettled investors. The market sentiment was adversely impacted by […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Trump Warns Against Non-Compliance with Court Ruling as Sri Lanka Faces Potential 15% Tariff
FINANCIAL CHRONICLE – President Donald Trump has announced the imposition of a 15 percent global tariff following a Supreme Court decision that invalidated most of […]
Vidullanka Launches 6MW Solar Project in Madampe, Sri Lanka
FINANCIAL CHRONICLE – Sri Lankan renewable energy company, Vidullanka, has announced the commissioning of its 6MW solar plant located in Madampe, Bangadeniya, Chilaw. This project […]
Sri Lanka Panel Prolongs Complaint Deadline Amid CMC Power Struggle
A Sri Lankan Commission has announced an extension of the deadline for public submissions regarding allegations of corruption and fraud within the Colombo Municipal Council […]
Sri Lanka Rupee Stabilizes as Bond Yields Rise
FINANCIAL CHRONICLE – On Monday, Sri Lanka’s rupee closed at 309.36/38 per US dollar in the spot market, slightly adjusting from Friday’s close of 309.35/45, […]
Sri Lanka’s National Inflation Plummets to 2.4% in January 2026
According to the latest data from the Department of Census and Statistics, the National Consumer Price Index (NCPI) indicates a decrease in the overall rate […]
TWC Capital Guides CBL Group in $25 Million Acquisition in Indonesia
TWC Capital (PVT) LTD, the corporate financial advisory arm of TWC Holdings, has successfully served as the exclusive buy-side financial adviser to CBL Group for […]
Evolution Auto Partners with Sterling Aftercare to Ensure Comprehensive Nationwide Vehicle Support
Evolution Auto (Pvt) Ltd has recently formed a strategic partnership with Sterling Aftercare, which will provide customers and potential buyers across Sri Lanka with access […]
Court of Appeal Reinstates Order in Tuk-Tuk License Dispute
The Court of Appeal has intervened in the ongoing debate regarding the legality of foreign tourists driving tuk-tuks in Sri Lanka using International Driving Permits […]
Sri Lankan Stocks Edge Upward with Banking Sector and Melstacorp Boosting Turnover
Sri Lanka’s Colombo Stock Exchange saw a modest increase on Monday, with the banking sector making a significant impact on the day’s relatively low market […]
Bangladesh’s Election Bolsters Macro Stability; Reform Implementation Remains Crucial: Fitch
Fitch Ratings, based in Hong Kong, reported on February 22, 2026, that Bangladesh’s general election on February 12 has alleviated near-term political and policy uncertainties, […]
INSEE Cement Revives Limestone Rail Operations in Puttalam Following Ditwah Cyclone Disruptions
INSEE Cement, Sri Lanka’s leading cement manufacturer and supplier, and the only fully integrated cement plant in the country, has announced the recommencement of limestone […]
Sri Lanka Collaborates with UN to Overhaul Disaster Financing for MSMEs
The United Nations Development Programme (UNDP) and the UN Capital Development Fund (UNCDF) are assisting Sri Lanka in creating a financial mechanism aimed at supporting […]
Sri Lanka Poised to Captivate Global Attention at ITB Berlin 2026
The Sri Lanka Tourism Promotion Bureau (SLTPB) is set to launch its exclusive promotional activities at ITB 2026, which will take place at Messe, Berlin, […]
Tripadvisor Ranks Mirissa and Bentota Among Asia’s Top Beaches
Two Sri Lankan beaches, Mirissa Beach and Bentota Beach, have been recognized among Asia’s top coastal destinations in the 2026 Travelers’ Choice Awards Best of […]
DFCC ONE Elevates Customer Rewards Program to Unprecedented Levels
DFCC Bank PLC has recently enhanced its digital engagement efforts through the “Rising Above with DFCC ONE” campaign, offering selected customers an exclusive hot air […]
Solo Bowl Debuts Its Inaugural Dine-In Experience in Colombo
Solo Bowl has officially launched its inaugural dine-in outlet, marking a pivotal milestone in the brand’s development. The newly opened outlet, situated at No. 765, […]
Ceylinco Life Initiates Classroom Construction Projects in Ampara and Galle
Ceylinco Life is expanding its Classroom Development Programme by funding the construction of two new classroom buildings in the Ampara and Galle Districts. This initiative […]