The Colombo Stock Exchange in Sri Lanka concluded its trading session on Tuesday with a relatively stable performance, showing notable interest in companies such as […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka Seeks Proposals for Innovative Phosphate Value Addition Initiative
FINANCIAL CHRONICLE – The Sri Lankan cabinet has given the green light to solicit project proposals for a value addition initiative involving rock phosphate, which […]
Sri Lanka Seeks Investors for Ambitious ‘Frolic Island’ Development Near Waters’ Edge
Sri Lanka is actively seeking investors to develop 13.57 acres of land near the Waters’ Edge hotel in Battaramulla into a “Frolic Island,” according to […]
Tess Agro Secures Up to Rs470 Million in Funding Through Debt and Warrants
Sri Lanka’s Tess Agro, a food processing company, is set to issue 2.5 million unsecured debentures to generate 250 million rupees. These debentures will come […]
Seylan Tikiri Launches Landmark Islandwide Initiative to Enhance Children’s Financial Literacy
Seylan Tikiri, recognized as the leading minor savings account in Sri Lanka, has celebrated World Children’s Month (WCM) for the 12th consecutive year, marking a […]
JAT Predicts Gradual Recovery in Sri Lanka’s Paint Demand Following Cyclone Disruptions
Sri Lanka’s demand for paint is gradually recovering after disruptions caused by Cyclone Ditwah, with varying recovery rates across different geographical regions, according to Nishal […]
Foreign Investors Continue to Divest from Sri Lanka Rupee Bonds for Second Consecutive Week
Foreign investors continued to divest from Sri Lankan government securities for the second consecutive week ending January 21, according to data released by the Central […]
ComBank Enhances WSME and Agri SME Financing with $60 Million IFC Risk Sharing Facility
Reinforcing its position as Sri Lanka’s largest lender to small and medium enterprises (SMEs), the Commercial Bank of Ceylon has partnered with the International Finance […]
Ceylon Cold Stores Reports 22% Profit Surge in December 2025 Quarter
FINANCIAL CHRONICLE – Ceylon Cold Stores Plc, a prominent consumer goods and retail group in Sri Lanka, reported a 22 percent increase in profits, reaching […]
SLASSCOM Elevates 25 Sri Lankan Startups to Global Prominence
The Sri Lanka Association for Software and Services Companies (SLASSCOM) is significantly enhancing Sri Lanka’s startup ecosystem by providing 25 promising local startups with exceptional […]
Sri Lankan Rupee Strengthens as Bond Yields Remain Stable
FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was quoted at 309.55/60 against the US dollar in the spot market, showing an improvement from […]
JXG Leadership Strengthens Commitment to People-Centric Approach Through Listening-Led Initiatives
The Janashakthi Group (JXG) recently hosted the ‘Listening Led Leadership’ program, reinforcing its dedication to fostering an empathy-driven workplace. This event, held at the Radisson […]
NCHS Students Achieve Remarkable Success in the USA
American degrees continue to be a highly sought-after choice among Sri Lankan students, offering a combination of global recognition and the allure of achieving the […]
Trump Announces Increased Tariffs on South Korean Imports Following Trade Deal Delays
President Donald Trump announced on Monday an increase in tariffs on South Korean imports, specifically targeting the automotive, lumber, and pharmaceutical sectors, raising them to […]
Indian Envoy Celebrates Strengthening Ties with Sri Lanka Amid Diplomatic Efforts
FINANCIAL CHRONICLE – The bilateral relationship between India and Sri Lanka is described as an “unbreakable bond,” deeply rooted in civilizational ties and geographical proximity. […]
Sri Lanka’s Apparel Exports Surge by 5.4% in December 2025: JAAF Report
Sri Lanka’s apparel and made-up articles exports experienced a 5.43% increase, reaching $447.21 million in December 2025 compared to November 2025, according to the Joint […]
Sri Lanka’s Coconut Exports Soar to Record Heights in 2025; Rubber Declines, Tea Sees Modest Rise
FINANCIAL CHRONICLE – According to government data, revenue from Sri Lanka’s coconut-based products reached a record high last year, showing a remarkable 43 percent growth. […]
Sri Lanka’s Post-Disaster Donor Conference Faces Indefinite Postponement, Sources Report
FINANCIAL CHRONICLE – Sri Lanka’s plan to organize an international donor conference aimed at raising funds for the reconstruction of the Ditwah area, severely affected […]