The Sri Lankan rupee was quoted at 309.42/44 to the US dollar in the spot market on Wednesday, slightly changing from 309.40/50 the previous day, […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
DPMC Revitalizes Roadways with Spectacular KTM Motorcycles Launch
David Pieris Motor Company (Private) Limited (DPMC) has proudly reintroduced KTM motorcycles to Sri Lanka after a five-year hiatus, marking a pivotal moment in the […]
Coca-Cola Energizes Sri Lanka with Dynamic Fan Takeovers for ICC Men’s T20 World Cup
The ICC Men’s T20 World Cup is an electrifying event that brings unparalleled excitement, and Coca-Cola is capturing that spirit by introducing dynamic, high-energy fan […]
Sri Lanka Central Bank Set to Reveal Forex Swap Details with Local Banks
The Central Bank of Sri Lanka will soon reveal the volume of swap contracts with local banks, according to Deputy Governor Chandranath Amarasekera. This announcement […]
Suresh Shah Appointed as Head of Hatton National Bank, Sri Lanka
Suresh Kumar Shah is set to assume the role of Chairman at Sri Lanka’s Hatton National Bank, effective April 1, according to an announcement by […]
Sri Lanka Adopts ‘Fine Aggregate’ to Replace River Sand in Construction Terminology
FINANCIAL CHRONICLE — The Sri Lankan Cabinet has sanctioned the official replacement of “Fine Aggregate” for river sand in construction projects. This initiative aims to […]
IMF Chief Hails Sri Lanka’s Economic Turnaround as a “Success Story” After Key CBSL Meeting
Dr. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), visited the Central Bank of Sri Lanka on February 17, 2026, during her trip […]
DealBook.lk Launches as Sri Lanka’s Dedicated Marketplace for Corporate Deals
Colombo, Sri Lanka – DealBook.lk, a new digital marketplace for corporate transactions in Sri Lanka, has officially launched with a mission to connect global capital with […]
Dr. Parakrama Dissanayake Takes the Helm as Chairman of Sri Lanka Ports Authority
Dr. Parakrama Dissanayake officially took office as the Chairman of the Sri Lanka Ports Authority on February 17, 2026. This marks his third tenure as […]
Sri Lankan Rupee Declines as Bond Yields Remain Steady
The Sri Lankan rupee concluded trading at 309.40/50 against the US dollar in the spot market on Tuesday, reflecting a slight depreciation from Monday’s close […]
IMF Chief Georgieva Praises Sri Lanka’s Significant Progress
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, praised Sri Lanka’s progress following a meeting with President Anura Kumara Dissanayake. In a […]
Hayleys Chairman’s Awards 2025 Celebrates Teams Leading Innovation and Business Excellence
Hayleys Group, Sri Lanka’s largest and most diversified conglomerate, recently celebrated groundbreaking achievements at the Chairman’s Awards 2025. The event recognized national firsts that advance […]
Sri Lanka Stock Market Declines as Capital Goods Dominate Turnover
The Colombo Stock Exchange in Sri Lanka experienced a decline on Tuesday, failing to sustain the momentum gained on Monday, primarily due to the influence […]
World Bank Commits $400 Million to Support Sri Lanka’s Development
FINANCIAL CHRONICLE – The Sri Lankan cabinet of ministers has approved a proposal to secure $400 million from the World Bank. According to Minister Vijitha […]
Sri Lanka Airports Achieve Record with Over One Million Passenger Movements
Airport & Aviation Services Sri Lanka Private Ltd (AASL) achieved a significant milestone in January 2026 by facilitating a record-breaking 1,045,097 passenger movements through Sri […]
Revised Colombo Port City Act Enhances Business Accessibility
The 2026 amendments to the Colombo Port City Economic Commission (CPCEC) Act represent a significant transformation in Sri Lanka’s economic framework. By aligning national policies […]
SriLankan Cargo Achieves Landmark IATA Certification for Live Animal Transport
FINANCIAL CHRONICLE – SriLankan Cargo, the cargo division of the state-owned carrier, has achieved a significant milestone by obtaining the Center of Excellence for Independent […]
Committee Approves New Microfinance Bill Mandating Licenses for Money Lending Businesses
The Microfinance and Credit Regulatory Authority Bill has been reviewed and approved by the Committee on Public Finance. This decision was made during a meeting […]