Lion Brewery (Ceylon) Group, Sri Lanka’s largest beer producer, maintained steady profits in the December 2025 quarter despite higher expenses offsetting revenue growth, according to […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
LOLC Holdings Reports 20% Decline in Profits Due to Rising Interest and Personnel Costs
Profits at Sri Lanka’s LOLC Holdings, a company with interests in financial services, leisure, and property, including international operations, declined by 20% to 8.12 billion […]
Aitken Spence Reports 37% Profit Increase in December 2025 Quarter
Sri Lanka’s Aitken Spence Plc, a diversified conglomerate with interests spanning tourism, cargo handling, and property development, has reported a significant increase in profit for […]
International Investors Acquire Sri Lanka Rupee Bonds Worth Nearly US$30 Million
Foreign investors purchased nearly USD 30 million worth of Sri Lankan government securities in the week ending February 12, continuing a trend that has seen […]
Hayleys Reports 9% Profit Decline in December 2025 Quarter
In the December 2025 quarter, Sri Lanka’s Hayleys Plc, a diversified conglomerate engaged in export, manufacturing, retail, logistics, leisure, and energy sectors, experienced a 9 […]
Sri Lankan President to Attend Indian AI Summit This Week
FINANCIAL CHRONICLE – The President of Sri Lanka, Anura Kumara Dissanayake, is set to visit New Delhi following an invitation from Prime Minister Narendra Modi […]
EU–Sri Lanka Joint Commission Strengthens GSP+, Governance, and Trade Relations in Colombo Meeting
On February 12, 2026, the European Union (EU) and Sri Lanka held the 27th Session of the EU-Sri Lanka Joint Commission meeting in Colombo. This […]
Central Bank Unveils February 2026 Monetary Policy Report
The Central Bank has released its inaugural Monetary Policy Report for 2026 in accordance with the Central Bank of Sri Lanka Act, No. 16 of […]
IMF Chief Set for Strategic Visit to Sri Lanka
The International Monetary Fund (IMF) has announced that its Managing Director, Kristalina Georgieva, will visit Sri Lanka from February 16 to 18. During her visit, […]
Insurance Policies or Shadow Deposits? A Growing Tax Blind Spot
A troubling distortion is quietly taking root in Sri Lanka’s financial system: certain insurance companies are effectively accepting deposits from customers under the guise of insurance […]
IMF Chief Kristalina Georgieva Embarks on Strategic Three-Day Visit to Sri Lanka
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), is scheduled to visit Sri Lanka from February 16 to 18, 2026, as confirmed […]
JVP Leader’s Visit to India: A Potential Geopolitical Shift for Sri Lanka?
In a diplomatic maneuver previously deemed unimaginable, Tilvin Silva, the General Secretary of the Janatha Vimukthi Peramuna (JVP) and a key figure behind Sri Lanka’s […]
Hayleys Achieves Strong Growth with Rs. 14.02 Billion Profit After Tax in First Nine Months of 2025/26
The Hayleys Group demonstrated resilient performance amid ongoing global volatility and environmental challenges during the first nine months of the financial year ending March 31, […]
Europe’s Trade Warning to Sri Lanka Carries a Familiar Message: Reform or Risk Losing GSP+ Privilege
Colombo, Sri Lanka — In the quiet language of diplomacy, the message from the European Union to Sri Lanka was unmistakable: trade access comes with conditions, […]
EU Urges Sri Lanka to Fulfill Commitments for GSP+ Continuation
FINANCIAL CHRONICLE – The European Union (EU) has emphasized the need for Sri Lanka to honor its commitments, particularly the implementation of the 27 core […]
Sri Lanka Customs Reaches 63% of February Revenue Target in Just 12 Days
In the first 12 days of February 2026, Sri Lanka Customs has achieved over 63% of its revenue target for the month, as revealed by […]
Sri Lanka Secures Additional Rs5.1bn in Treasury Bonds Post-Auction
Sri Lanka’s Ministry of Finance – Public Debt Management Office has successfully sold 5,100 million rupees worth of bonds via a tap issue at an […]
Sri Lanka Stocks Surge Amid Strong Corporate Earnings Reports
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka concluded Friday’s session on a positive note, buoyed by the release of several companies’ financial […]