In the third quarter of 2025 (July–September), Sri Lanka’s labor force participation rate increased to 49.9%, as reported in the latest quarterly bulletin from the […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Ceylon Theatres and British Council Showcase National Theatre Live’s “Hamlet” Featuring Hiran Abeysekera
The screening marks a milestone moment as a Sri Lankan actor leads one of the UK’s most celebrated contemporary theatre productions. Ceylon Theatres Limited, in […]
Mazagon Dock Shipbuilders Secures 41.73% Stake in Colombo Dockyard
Mazagon Dock Shipbuilders Limited has successfully acquired 164,916,229 ordinary shares of Colombo Dockyard. This acquisition was made through the purchase of unsubscribed rights from Onomichi […]
DFCC Aloka Empowers Women Entrepreneurs as Official Banking Partner and Diamond Sponsor of WCIC Prathibhabhisheka Awards 2025
DFCC Bank, through its women-focused initiative DFCC Aloka, has continued its longstanding support for women-led entrepreneurship by partnering with the Women’s Chamber of Industry and […]
Softlogic Life Insurance Secures $15 Million Loans from Finnfund and Norfund
Softlogic Life Insurance PLC, a key player in Sri Lanka’s insurance sector, has announced the signing of a subordinated loan agreement valued at $15 million. […]
Fitch Affirms Sri Lanka Insurance Corp General’s Ratings at ‘CCC+’ and ‘A+(lka)’
Fitch Ratings has reaffirmed the ‘CCC+’ Insurer Financial Strength (IFS) rating and the ‘A+(lka)’ National IFS rating for Sri Lanka Insurance Corporation General Limited (SLIC […]
Indresh Puvimanasinghe Fernando Named Chief Financial Officer at Janashakthi Finance PLC
Janashakthi Finance PLC, previously known as Orient Finance PLC and a subsidiary of the Janashakthi Group (JXG), is pleased to announce the appointment of Indresh […]
Sri Lanka Apparel Exporters Enhance Traceability to Comply with EU and US Regulations
Sri Lanka’s apparel exporters have reaffirmed their dedication to adhering to European supply chain human rights due diligence and sustainability requirements set by international brands, […]
CBL Group Expands Global Reach with Strategic Acquisition of Indonesian Coconut Leader TJT
CBL Group, a leading diversified food manufacturing conglomerate in Sri Lanka, has announced the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a substantial […]
IMF Chief Pledges Continued Support for Sri Lanka in Meeting with Prime Minister
Prime Minister Dr. Harini Amarasuriya engaged in a meeting with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), in Davos, Switzerland. This […]
Writer Business Services Expands to Sri Lanka, Partnering with Institutions for Advanced Information Management and Payment Solutions
Writer Corporation, a leading Indian business group, has announced the launch of its subsidiary, Writer Business Services Pvt. Ltd., marking the beginning of its operations […]
HierTalent Revolutionizes Recruitment with AI-Powered Innovation
HiAcuity, in collaboration with Radicle Solutions (Pvt) Ltd., has introduced HierTalent, a new AI-driven recruitment platform aimed at addressing the time-consuming and costly challenges businesses […]
Chinese Investors Target Unutilized Sri Lankan Land for Export Agriculture
A delegation from the Chinese Chamber of Commerce recently met with Sri Lanka’s Minister of Agriculture to discuss opportunities for cultivating fruits and vegetables for […]
Gold Surges Past $4,800 Amid US-EU Tensions Over Greenland
Gold prices soared to an unprecedented level, surpassing $4,800 per ounce on Wednesday. This increase was driven by heightened demand for safe-haven assets and a […]
Sri Lankan Rupee Strengthens Marginally; Bond Yields Remain Stable
The Sri Lankan rupee was quoted at 309.60/65 against the US dollar in the spot market on Wednesday, a slight change from the previous day’s […]
CSE Market halt sparks constitutional debate in Sri Lanka
Do the CSE’s Actions on 7 January 2026 Breach Fundamental Rights? On 7 January 2026, the Colombo Stock Exchange (CSE), with the concurrence of the […]
PM Harini Engages in Strategic Talks with ADB President at Davos Summit
Prime Minister Dr. Harini Amarasuriya engaged in discussions with Masato Kanda, the President and Chairperson of the Board of Directors of the Asian Development Bank […]
Dialog Enterprise and National Chamber Propel Digital Transformation for Sri Lankan Exporters
Dialog Enterprise, the corporate ICT solutions division of Dialog Axiata PLC, in collaboration with the National Chamber of Exporters of Sri Lanka (NCE), recently hosted […]