Ministry of Brands (MOB), Sri Lanka’s pioneering off-price retailer, has officially opened its doors to the public, ushering in a transformative era in the nation’s […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka Stock Market Declines in Midday Trading
The Colombo Stock Exchange experienced a downward trend by midday after an initial rise on Friday, according to data from the CSE. The All Share […]
Sri Lanka Central Bank Boosts Digital Payment Adoption in Kurunegala
FINANCIAL CHRONICLE – Sri Lanka’s central bank is actively promoting digital payments to both businesses and the general public in Kurunegala. This initiative involves collaboration […]
St. Anthony’s Introduces Blackwood Luxury Engineered Doors to Sri Lankan Market
St. Anthony’s has achieved a significant milestone with the introduction of Blackwood – Luxury Engineered Doors, the latest addition to its building solutions portfolio. The […]
Hayleys Clinches Fourth Consecutive Gold for Corporate Reporting Excellence at CA Sri Lanka TAGS Awards 2025
Sri Lanka’s most diversified conglomerate, Hayleys PLC, has once again set the standard for corporate reporting excellence, clinching the Gold Award for Overall Excellence in […]
Sarvodaya Development Finance PLC Celebrates Fifth Consecutive TAGS Gold Award Victory
Sarvodaya Development Finance PLC has once again demonstrated its leadership in responsible financial stewardship by securing the Gold Award for the fifth time at the […]
Sri Lankan Rupee Stabilizes as Bond Yields Hold Steady
On Friday, Sri Lanka’s rupee was quoted at 309.34/37 against the US dollar in the spot market, showing a slight change from the previous day’s […]
David Pieris Solar and HNB Forge Partnership to Enhance Renewable Energy Solutions
David Pieris Renewable Energy (Private) Limited (DPRE), the renewable energy division of the David Pieris Group known for marketing David Pieris Solar, has formed a […]
Grand Park Arena Announced as Official Partner for 147th Battle of the Blues Cricket Academy & Sports Complex
As the 147th Battle of the Blues approaches, Grand Park Arena is proud to announce its role as the Official Cricket Academy and Sports Complex […]
Sri Lanka’s Central Bank Advances Digital Payments Initiative in Kurunegala
The Central Bank of Sri Lanka (CBSL) is set to conduct a promotional campaign in Kurunegala on February 20 and 21, 2026, aimed at increasing […]
Sri Lanka Secures Additional Rs6bn in Treasury Bill Sale Post-Auction
FINANCIAL CHRONICLE – The Public Debt Management Office of Sri Lanka has successfully sold treasury bills amounting to 6,000 million rupees on tap, with average […]
Sri Lanka Central Bank Maintains Stance Against Imposing LTV Ratios on Gold Loans
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka does not intend to implement stricter loan-to-value ratio limits on gold loans, according to Deputy Central […]
LAUGFS Gas Guarantees Continuous Supply Despite Temporary Distribution Challenges
LAUGFS Gas PLC has announced measures to ensure an uninterrupted supply of LP Gas despite facing temporary distribution challenges in the market. In a statement […]
Sri Lankan Rupee Strengthens as Bond Yields Hold Steady
FINANCIAL CHRONICLE – On Thursday, the Sri Lankan rupee concluded trading at 309.30/35 against the US dollar in the spot market, showing a slight improvement […]
Sri Lanka Establishes Seven New Courts to Address Case Backlog, Announces Minister
FINANCIAL CHRONICLE – Sri Lanka is set to establish seven new courts to address a backlog of approximately 1.1 million civil and criminal cases, as […]
Ideal Motors to Revitalize Decommissioned Mahindra Scorpio Fleet for Sri Lanka Police
Ideal Motors, renowned for its superior after-sales service among vehicle importers, has embarked on another significant initiative. The company has launched a program to refurbish […]
Sri Lanka Launches New Company to Enhance Management of Economic Centers: Minister
Sri Lanka is taking steps to integrate its network of 18 dedicated economic centers into a state-owned limited liability company to tackle issues of mismanagement, […]
Sri Lanka Stocks Decline After Reaching Intraday Peak
The Colombo Stock Exchange in Sri Lanka experienced a decline on Thursday, despite the broader index reaching an intraday peak of 24,000. The All Share […]