Softlogic Life Insurance PLC, a leading insurer in Sri Lanka, has secured a significant USD 15 million Tier 2 loan facility from Norfund and the […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka Central Bank to Release Inflation Report Following Return to Pre-1980s Stability
The Central Bank of Sri Lanka is poised to present a report detailing its achievement of maintaining inflation below 2 percent during the first and […]
Sri Lanka Projects Rs904 Billion Revenue from Vehicle Imports in 2025
FINANCIAL CHRONICLE – Sri Lanka has generated 904 billion rupees from vehicle imports in 2025, significantly exceeding the initially anticipated 441 billion rupees, according to […]
Sri Lankan Cabinet Amends Pension Rights for Enhanced Clarity
FINANCIAL CHRONICLE – The Sri Lankan Cabinet of Ministers has revised the provisions related to the pension rights of government officers recruited after January 1, […]
Sri Lanka’s CPC Launches Digital Fuel Card to Combat Corruption
The Sri Lankan government has announced the implementation of a new digital fuel card system for government vehicles, introduced by the state-run Ceylon Petroleum Corporation […]
Sri Lanka Minister Calls on Expatriates to Attract New Tourism Investors
The Sri Lankan Minister of Foreign Affairs and Tourism, Vijitha Herath, has called upon the country’s expatriate community to invest in the tourism sector, emphasizing […]
Standard Chartered: Sri Lanka’s Growth to Slow in 2026 Amid Crucial Reforms
According to a Global Focus country briefing by Standard Chartered Bank, Sri Lanka’s economic growth is anticipated to moderate in 2026. Despite this moderation, the […]
Mogo Studios Premieres Trailer for Sri Lanka’s Debut Animated Feature Ahead of Global Launch
Mogo Studios has officially released the trailer for The Secret of the Moonstone, marking a historic milestone as Sri Lanka’s first fully produced animated feature […]
WindForce Awarded Contract for 50 MW Mullikulam Wind Power Project – Lot 1
WindForce PLC has received the official Letter of Award from the Ceylon Electricity Board (CEB) for Lot 1 of the 50 MW Mullikulam Wind Power […]
Sri Lanka Stocks Steady as Dockyard Boosts Turnover
Sri Lanka’s Colombo Stock Exchange experienced a relatively stable day on Tuesday, with the market closing largely unchanged amid stagnant conditions, according to brokerage sources. […]
Enhanced National Standard Bolsters Organic Agriculture Framework in Sri Lanka
Sri Lanka has a rich tradition of environmentally harmonious agricultural practices, deeply rooted in indigenous knowledge systems, mixed farming, and biodiversity-rich home gardens. In recent […]
Unit Trust Industry Ends 2025 with Rs. 587 Billion in Assets Under Management
The Unit Trust industry in Sri Lanka experienced a 7.8% year-over-year increase in its assets under management (AUM), reaching Rs. 587 billion by the end […]
Sri Lanka Announces Baseline Road Extension to Dutugemunu Street
Sri Lanka’s cabinet of ministers has given the green light to resume construction on Phase III of the Baseline Road Extension Project, according to Minister […]
Sri Lanka Allocates Rs4.3bn for Dumbara Prison Expansion and Forensic Staff Recruitment
FINANCIAL CHRONICLE – The construction of the new Dumbara prison in Sri Lanka, with an estimated cost of 4,363 million rupees based on the latest […]
Colombo Dockyard Launches New Share Listing Following Successful Rights Issue
Sri Lanka’s Colombo Dockyard has successfully listed 323,365,158 new ordinary voting shares following a rights issue. The company announced in a stock exchange filing that […]
Hela Apparel of Sri Lanka to Divest Mauritius Subsidiary in Strategic Restructuring Move
FINANCIAL CHRONICLE – Hela Apparel Holdings of Sri Lanka is contemplating the sale of up to 65 percent of its subsidiary, Hela Brands Ltd (Mauritius), […]
NSBM Green University Launches 2026 Degree Program Intake on February 23
The inauguration ceremony for the 2026 intake of degree programs at NSBM Green University is set to take place on February 23. Despite the GCE […]
CSF Report Highlights Unreliability of Sri Lanka’s Environmental Impact Data
A report by the Centre for a Smart Future has highlighted the inadequacies in reporting social impacts within Environmental Impact Assessments (EIAs) conducted in Sri […]