The Sri Lanka Export Development Board (EDB), in collaboration with the Asian Development Bank (ADB) under the Policy-Based project of the Ministry of Industry and […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
IMF Concludes Sri Lanka Visit, Prepares for Upcoming EFF Policy Discussions
An International Monetary Fund (IMF) team, led by Mission Chief Evan Papageorgiou, concluded a six-day visit to assess the impact of Cyclone Ditwah and discuss […]
IMF Delegation Wraps Up Crucial Visit to Sri Lanka
The International Monetary Fund (IMF) team, led by Mission Chief Evan Papageorgiou, has concluded its visit to Sri Lanka. The team arrived in Colombo on […]
Hemas Acquires Majority Stake in Kenyan Manufacturing Firm
FINANCIAL CHRONICLE – Hemas Holdings, a prominent Sri Lankan conglomerate, has received approval from the Competition Authority of Kenya (CAK) to acquire a 75 percent […]
LVL Energy Fund of Sri Lanka Launches Rs507 Million Rights Issue
FINANCIAL CHRONICLE – Sri Lanka’s LVL Energy Fund is planning to generate 507 million rupees through a rights issue. The offer will be structured at […]
Exquisite Nikah & Waleema Celebration at Hilton Colombo Residences’ Union Ballroom
Hilton Colombo Residences is proud to announce “A Celebration of Nikah & Waleema,” an exclusive wedding showcase tailored for couples planning their Nikah and Waleema […]
Sri Lankan Rupee Steady as Short-Term Bond Yields Decline
FINANCIAL CHRONICLE – On Wednesday, the Sri Lankan rupee was quoted at 309.65/80 against the US dollar in the spot market, remaining relatively stable from […]
Gold Surges Beyond $5,200 Amid Dollar’s Four-Year Low Decline
Gold surpassed the $5,200 mark for the first time on Wednesday, following a rise of more than 3% on Tuesday. This surge occurred as the […]
Record 223,000 Tourists Arrive in 2026
As of 2026, Sri Lanka has welcomed a total of 223,645 tourists, according to the Sri Lanka Tourism Development Authority (SLTDA). The data highlights that […]
Janashakthi Finance Achieves 35% Surge in Net Operating Income and LKR 389 Million PBT in Q3 FY26
Janashakthi Finance PLC, previously known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has reported robust financial performance for the nine-month period […]
Sri Lanka’s Central Bank Maintains OPR at 7.75% in Line with Expectations
The Central Bank of Sri Lanka has decided to maintain its Overnight Policy Rate (OPR) at 7.75%, according to a statement following its recent meeting. […]
Central Bank Maintains Steady Overnight Policy Rate
During its recent meeting, the Monetary Policy Board resolved to keep the Overnight Policy Rate (OPR) steady at 7.75%. This decision followed a thorough assessment […]
Sri Lanka Boosts Digital Economy with GovPay Expansion Across 55,000 Dialog eZ Cash Outlets
The Sri Lankan government has enhanced its digital payment facilities by integrating the GovPay platform with the Dialog eZ Cash network, which comprises over 55,000 […]
Cheap2Find Joins AI Mart, Bringing AI-Driven Price and Services
Cheap2Find, the AI-powered price discovery and services search platform, has been officially onboarded to AI Mart, a growing marketplace for artificial intelligence applications and tools. […]
Fitch Reaffirms WindForce Sri Lanka’s ‘A+(lka)’ Rating with Stable Outlook
Fitch Ratings has reaffirmed the National Long-Term Rating of Sri Lanka-based power generator WindForce PLC at ‘A+'(lka), with a Stable Outlook. WindForce’s rating is bolstered […]
HSBC Surpasses $300 Billion Market Value Milestone
Shares in HSBC experienced a notable increase, climbing as much as 3% to reach a new record high on Tuesday. This surge briefly elevated the […]
Sri Lankan Rupee Declines as Bond Yields Hold Steady
Sri Lanka’s rupee concluded trading at 309.65/75 against the US dollar in the spot market on Tuesday, reflecting a decline from the previous day’s rate […]
Sri Lanka Invites Investors to Transform Colombo and Nuwara Eliya with Tourism and Development Initiatives
Sri Lanka is extending opportunities to investors by offering land in Colombo for the development of a high-rise mixed-use project and land near Gregory Lake […]