FINANCIAL CHRONICLE – Sri Lanka’s state finances are witnessing a positive trend as citizens’ incomes approach levels seen before the crisis. However, the newly secured […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Fitch: Climate Risk Emerges as Key Factor in Sovereign Ratings
Climate risk is poised to become a more significant factor in sovereign ratings, according to Fitch Ratings. The agency has introduced a tool named Climate […]
Foreign Investment in Sri Lanka Rupee Bonds Hits 28-Month Peak Following Surge in Demand
Foreign holdings in Sri Lankan government securities reached a nearly 28-month high last week, as offshore investors purchased approximately US$24.2 million worth of bonds, according […]
Brussels Restaurant Unites Eastern and Western Flavors at Europe’s Power Hub
FINANCIAL CHRONICLE – Situated across the square from the European Parliament in Brussels, Tourane Fresh & Pure is a fusion restaurant offering a unique dining […]
Sri Lanka’s IT and BPO Export Revenue Underreported Post-Crisis: Expert Analysis
Sri Lanka’s official export revenue from the IT/BPO sector is reportedly lower than the actual income, as some proceeds are classified as remittances, according to […]
Sri Lanka’s Private Credit Decelerates in December 2025 as Ditwah and Government Borrowings Surge
FINANCIAL CHRONICLE – In December 2025, credit extended by Sri Lankan commercial banks to private borrowers decreased to 182.8 billion rupees from a peak of […]
Trade Unions Embrace Digitalisation and Modernisation to Boost Excise Revenue Collection
All trade unions have endorsed the digitalisation and modernisation programme designed to boost excise revenue collection. This agreement was reached during a recent meeting held […]
Sri Lanka’s Tourism Revenue Declines by 5.6% from January to December
FINANCIAL CHRONICLE – Sri Lanka’s foreign exchange revenue from tourism in January 2026 decreased by 5.6 percent compared to the same month in the previous […]
Rajitha Jayasuriya Reappointed as SLAEA Chair; 2026 Agenda Focuses on GSP+, Trade Agreements, and Digitalisation
The Sri Lanka Apparel Exporters Association (SLAEA) convened its Annual General Meeting on January 27, 2026, at the Cinnamon Life Hotel. The event gathered industry […]
Sri Lanka Sees 31.1% Surge in Worker Remittances, Reaching US$751.1 Million in January 2026
Sri Lanka’s official remittances experienced a significant increase of 31.1% in January 2026, reaching US$751.1 million, according to data from the central bank. This upward […]
Dialog Achieves Robust Growth and Enhanced National Impact in FY 2025
Dialog Axiata PLC announced its consolidated financial results for the year ending December 31, 2025, on February 6, 2026. The results reflect both the performance […]
Fitch Assigns AA+(lka) Rating to Sri Lanka’s Aitken Spence Hotel Holdings
Fitch Ratings has assigned Aitken Spence Hotel Holdings PLC (ASHH) a National Long-Term Rating of ‘AA+(lka)’ with a stable outlook, reflecting strong support from its […]
Sri Lanka Organizes Investor Call to Engage Bondholders
FINANCIAL CHRONICLE – The Sri Lankan government has announced an upcoming investor call to discuss various series of international bonds it has issued, as stated […]
Sri Lanka’s Foreign Policy Firmly Rooted in Economic Diplomacy, Says Foreign Minister
Sri Lanka’s foreign policy is heavily focused on economic diplomacy, prioritizing trade, investment, tourism, and innovation, according to Foreign Minister Vijitha Herath. During his address […]
Sri Lanka Secures Additional Rs42.18bn in Treasury Bill Sales Post-Auction
FINANCIAL CHRONICLE – Sri Lanka’s public debt management office has announced the sale of treasury bills amounting to 42,183 million rupees through a tap issue. […]
Sri Lankan Rupee Strengthens as Bond Yields Decline
The Sri Lankan rupee strengthened against the US dollar in the spot market, closing at 309.35/45 on Friday, an improvement from the 309.45/50 mark recorded […]
Emirates Launches Dynamic Ad Campaign with Suryakumar Yadav for ICC Men’s T20 World Cup Debut
Emirates is making a strong impact by featuring Indian cricket star Suryakumar Yadav in its latest advertising campaign, which is set to debut ahead of […]
Arj Samarakoon Urges Sri Lanka to Follow Australia’s Lead in Climate-Driven Economic Recovery
Climate shocks are increasingly influencing Sri Lanka’s economic recovery, with floods and extreme weather events posing risks that extend well beyond immediate damage. Key concerns […]