NDB Wealth, Sri Lanka’s largest private sector wealth management company, has further enhanced its regional footprint with the inauguration of its second branch in Kandy. […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lankan Rupee Steady as Bond Yields Decline
The Sri Lankan rupee was quoted at 309.50/55 to the US dollar in the spot market on Tuesday, a slight improvement from 309.55/65 the previous […]
Cleantech (Pvt) Ltd Achieves Landmark as Sri Lanka’s First GP Certified Recycler
In a historic development for Sri Lanka’s plastic recycling sector, Cleantech (Pvt) Ltd, a member of the Abans Group of Companies, has become the first […]
Sri Lanka Achieves $1.7 Billion Current Account Surplus Despite Debt Repayments
FINANCIAL CHRONICLE – Sri Lanka achieved a current account surplus of 1.7 billion US dollars in 2025, according to official data, highlighting net outflows through […]
US Reduces Tariffs on India to 18% as India Commits to Ceasing Russian Oil Purchases
On Monday, U.S. President Donald Trump announced a new trade agreement with India, reducing U.S. tariffs on Indian imports from 50% to 18%. In return, […]
Sri Lanka Establishes New Tax Policy Analysis Unit
Sri Lanka has established a Tax Policy Analysis Unit (TPAU) within the Department of Fiscal Policy in the Ministry of Finance, following recommendations from the […]
Sri Lanka’s Vehicle Imports Expected to Surpass US$2 Billion in 2025
Sri Lanka imported vehicles worth 301 million USD in December 2025, bringing the total vehicle imports for the year to 2,047 million USD, according to […]
Sri Lankan Rupee Declines as Bond Yields Hold Steady
FINANCIAL CHRONICLE – On Monday, Sri Lanka’s rupee concluded trading at a weaker rate of 309.55/65 against the US dollar in the spot market, compared […]
Sri Lanka Stock Market Declines as Colombo Dockyard Shares Fall
The Colombo Stock Exchange in Sri Lanka experienced a decline on Monday, with the capital goods sector contributing significantly to the turnover. The All Share […]
Ceylinco Life’s Family Savari 19 Grand Draw Sends Winners on Exciting Global and Domestic Adventures
Ceylinco Life, the leading life insurance provider in Sri Lanka, has successfully conducted the grand draw of its 19th Family Savari mega promotion. This event […]
CSE Begins February with a Decline
On February 2nd, the Colombo Stock Exchange (CSE) witnessed a notable decline as major indices closed lower amidst moderate trading activity. The benchmark All Share […]
Sri Lanka Eases Restrictions on Night Shifts for Women Workers
Sri Lanka has officially lifted the restriction that prevented women from working night shifts, according to a government gazette. This change is part of a […]
Impact of Global Gold and Silver Price Drop on Sri Lanka Analyzed
The global precious metals market underwent a significant transformation on Friday, an event analysts are referring to as the “Great Reset of 2026.” Following a […]
Union Bank Enhances Identity Verification with DRP Connectivity Integration
Union Bank has formed a partnership with the Department for Registration of Persons (DRP) to establish direct connectivity, resulting in improved response times for identity […]
PFEC Global’s World Study Fair 2026 Sees Robust Turnout in Colombo
PFEC Global’s World Study Fair 2026 was held on January 31, 2026, at the Galadari Hotel in Colombo, attracting a significant number of students, parents, […]
Sri Lanka Debuts Inaugural Country Pavilion at London’s Source Fashion Apparel Exhibition
Sri Lanka’s apparel industry reached a significant milestone by establishing its first country pavilion at Source Fashion 2026, held from January 13 to 15 at […]
Sri Lanka’s Commercial Bank Announces Rs. 20 Billion Debenture Initiative
FINANCIAL CHRONICLE – Sri Lanka’s leading private lender, Commercial Bank of Ceylon, has announced plans to raise up to 20 billion rupees through the issuance […]
Würth Lanka’s Leadership Transformation Paves Path for Growth
After a year of strong momentum and accelerated growth, Würth Lanka has entered 2026 with a renewed sense of direction, anchored by a refreshed management […]