Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, recently hosted an event to celebrate the upcoming ICC Men’s T20 Cricket World Cup 2026. This gathering […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Gold Surges Beyond $5,000, Reaching Record High Amid Safe-Haven Demand
Gold prices surged to an unprecedented high, exceeding $5,000 per ounce on Monday, as investors increasingly turned to this safe-haven asset amidst escalating geopolitical tensions. […]
Gold Prices Soar Past $5,000 Driven by Central Bank and Speculative Demand
On Monday, gold prices surged to over $5,000 per ounce, driven by speculative demand amid uncertainty surrounding erratic U.S. policy, according to reports. This increase […]
DIMO Healthcare Introduces Cutting-Edge ZEISS Ophthalmology Technologies at Ninewells Eye
Ninewells Hospital has inaugurated Ninewells Eye, a cutting-edge eye clinic designed to improve access to advanced ophthalmic care. The clinic is equipped by DIMO Healthcare […]
IFC Pledges $166 Million in Financial Support to Sri Lanka’s NDB, NTB, and Combank
International Finance Corporation (IFC), a member of the World Bank Group, has announced a financial package totaling USD 166 million in loans and credit guarantees […]
IFC Commits $166 Million to Bolster Sri Lankan Enterprises and Propel Economic Growth
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a significant investment program of $166 million aimed at bolstering Sri […]
Sri Lanka Enhances Protectionism in Coconut Foreign Direct Investment
Sri Lanka has taken measures to prevent several multinational companies from establishing industries using coconut husks, aiming to protect local businesses that are less efficient, […]
Think Tank Urges Sri Lanka to Harmonize SME Support with Banking Stability
FINANCIAL CHRONICLE – A prominent think tank has warned that calls for government intervention in credit enforcement could destabilize Sri Lanka’s financial system. The Advocata […]
Sri Lanka Unveils Ambitious Vision as ‘Next Dubai’ with Tax Incentives to Woo UAE Investors
Sri Lanka is extending tax holidays of up to 15 years and positioning Colombo Port City as a burgeoning financial and trade hub, aiming to […]
Port City Colombo Launches into Active Development with Inauguration of First Residential Project
Sri Lanka’s most ambitious urban development initiative has achieved a significant milestone with the commencement of construction on the first residential project within Port City […]
CSE Launches Sweeping Technology Reform for Brokers in Wake of Historic Trading Disruption
Colombo, 24 January 2026 — Just days after the Colombo Stock Exchange (CSE) endured what many described as the most humiliating episode in its 130-year history, […]
Sri Lanka’s Unfulfilled Battery Tariff Promises Waste Renewable Energy, Say Solar Firms
Sri Lanka’s solar power companies were assured a battery tariff of 46.80 rupees per unit to be effective in 2025. However, as of December, the […]
Indian Economist Urges Sri Lankans to Remember Crisis Causes to Avert Future Turmoil
FINANCIAL CHRONICLE – Sri Lankans must remember the factors that led to the economic crisis and its impact on the nation if they wish to […]
Felix Fernando Ascends to Chairmanship of Joint Apparel Association Forum at 22nd AGM
The Joint Apparel Association Forum (JAAF) has appointed Felix A. Fernando as its new Chairman during the 22nd Annual General Meeting. This marks a new […]
Sri Lankan Rupee Steady as Bond Yields Decline on Extended Tenors
FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee concluded trading at 309.76/80 against the US dollar in the spot market, a slight change from 309.75/85 […]
ASPI Surges to Historic 24,000 Mark in Landmark CSE Achievement
The Colombo Stock Exchange (CSE) achieved a significant milestone today as the All Share Price Index (ASPI) reached the 24,000 mark during intraday trading, marking […]
BOI Secures $1 Billion in Foreign Direct Investment for 2025
The Board of Investment of Sri Lanka (BOI) has reached a major investment milestone in 2025, surpassing USD 1 billion in Foreign Direct Investment (FDI). […]
Sri Lanka Stocks Surge on Strong Interest in Dockyard and Real Estate Sectors
The Colombo Stock Exchange in Sri Lanka experienced an upswing on Friday, driven by speculative trading in Colombo Dockyard following its rights issue, as well […]