A group of Sri Lankan small and medium-sized enterprises (SMEs), including women-led businesses from the spice, coconut, dehydrated fruits, and coffee sectors, recently participated in […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
WindForce Pioneers Sri Lanka’s Largest 120 MW/480 MWh Standalone BESS Project
WindForce PLC is pleased to announce that it has received the Letters of Award on February 16, 2026, for twelve standalone Battery Energy Storage System […]
Sri Lanka’s NSB Faces Rs7.9 Billion in Non-Performing Loans Amid COPE’s Concerns Over ‘Illegal’ Maldivian Loan
According to a report by the Committee on Public Enterprises (COPE), Sri Lanka’s state-owned National Savings Bank (NSB) is grappling with non-performing loans (NPLs) amounting […]
Sri Lankan Exporters Engage in Saudi Trade Facilitation Workshop
The Embassy of Sri Lanka in Riyadh recently hosted a pioneering virtual workshop aimed at educating Sri Lankan exporter companies on the regulatory procedures and […]
Galaxy Unpacked 2026: AI-Powered Phone Revolutionizes Everyday Convenience
Samsung Sri Lanka has announced that the Galaxy Unpacked 2026 event will take place on February 25 in San Francisco, unveiling the next generation of […]
IDL Clinches Victory at CIPM Great HR Quiz 2026 in Debut Performance
International Distillers Limited (IDL), a leading spirits manufacturer in Sri Lanka with over four decades of distinguished history, has marked a significant achievement by winning […]
Sampath Bank and COYLE Unveil Exclusive Mastercard World Affinity Credit Card
Sampath Bank has partnered with the Chamber of Lankan Entrepreneurs (COYLE) to introduce the Sampath COYLE Mastercard World Affinity Credit Card. This exclusive offering is […]
Sophos Enhances Cybersecurity Solutions with Acquisition of Arco Cyber’s AI-Powered Expertise
Sophos, a global leader in innovative security solutions designed to combat cyberattacks, has announced its acquisition of Arco Cyber, a UK-based cybersecurity assurance company. This […]
Zuckerberg Refutes Claims of Instagram Targeting Children in LA Trial
In a landmark trial concerning youth social media addiction, Meta Platforms CEO Mark Zuckerberg maintained that Facebook and Instagram do not permit users under the […]
US Pacific Fleet Commander Embarks on Strategic Visit to Sri Lanka
FINANCIAL CHRONICLE – The U.S. Embassy has announced that Admiral Steve “Web” Koehler, Commander of the U.S. Pacific Fleet, will visit Sri Lanka from February […]
Sri Lanka’s ASPI Surges to Record 24,000 Mark
FINANCIAL CHRONICLE – The All Share Price Index (ASPI) of Sri Lanka’s Colombo Stock Exchange reached the 24,000 mark during the first half of trading […]
Sri Lankan Rupee Strengthens as Bond Yields Rise
On Thursday, Sri Lanka’s rupee was quoted at 309.30/35 against the US dollar in the spot market, showing an improvement from the previous day’s rate […]
Fairway Latitude and Pan Asia Bank Forge Partnership to Finance Luxury Apartments
Fairway Properties, a leader in vertical luxury residential developments in Sri Lanka, has formalized a Memorandum of Understanding (MOU) with Pan Asia Banking Corporation PLC. […]
Elevate U by AHRP Enhances Sri Lanka’s HR Talent Development
The Association of HR Professionals Sri Lanka (AHRP) is proactively investing in the future of the HR profession through its flagship capability-building platform, Elevate U. […]
Sri Lanka and Belgium Forge New Partnership for Enhanced Cooperation
FINANCIAL CHRONICLE – Sri Lanka and Belgium have successfully concluded their inaugural political consultations in Brussels this week, marking a significant step towards a revitalized […]
Unit Trust Industry Kicks Off the Year Managing Rs. 610 Billion in Assets
The unit trust industry in Sri Lanka has reported a 6.1% increase in assets under management (AUM) year-over-year, surpassing the Rs. 600 billion mark by […]
Sri Lankan Rupee Strengthens as Bond Yields Rise
Sri Lanka’s rupee closed at 309.35/40 against the US dollar in the spot market on Wednesday, showing an improvement from the previous day’s rate of […]
Blue-Chip Surge Propels S&P SL20 to New Record High
Trading at the Colombo Stock Exchange concluded positively on Wednesday, October 18, with both major indices closing higher and the S&P SL20 reaching an unprecedented […]