The Central Depository Systems (Pvt) Limited (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), has joined forces with National Development Bank PLC […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka Successfully Auctions Rs184.79 Billion in Bonds Maturing in 2030, 2033, 2035, and 2039
Sri Lanka has successfully sold bonds worth 184.79 billion rupees for the years 2030, 2033, 2035, and 2039, against an offering of 205 billion rupees, […]
Sri Lankan Rupee Declines as Short-Term Bond Yields See Uptick
Sri Lanka’s rupee was quoted at 309.05/15 to the US dollar in the spot market on Tuesday, showing a slight weakening from 309.00/10 the previous […]
Trump Imposes 25% Tariff on Nations Engaging in Trade with Iran
On Monday, U.S. President Donald Trump announced the imposition of a 25% tariff on goods from countries maintaining commercial ties with Iran. This measure aims […]
Alphabet Reaches $4 Trillion Valuation Amid AI-Driven Optimism
Alphabet briefly achieved a market valuation of $4 trillion on Monday, as the Google parent company’s enhanced focus on artificial intelligence (AI) eased doubts about […]
Trump Imposes 25% Tax on Iran Trade Allies Amidst Decline in Sri Lankan Tea Prices
FINANCIAL CHRONICLE – President Donald Trump has announced that the United States will impose a 25 percent tariff on exports from countries that engage in […]
Can Sri Lanka’s Macroeconomists Replicate a Dudley Strategy for Anura?
FINANCIAL CHRONICLE – Sri Lanka is currently navigating a precarious period of economic growth, facing challenges in maintaining monetary stability due to high inflation targets […]
Vega Innovations Unveils Sri Lanka’s First Indigenous eVTOL Aircraft: Redefining Aerial Mobility
Colombo, Sri Lanka – Vega Innovations, a pioneering technology company, is proud to announce a historic milestone for Sri Lanka: the development of the nation’s […]
Chinese Foreign Minister Wang Yi Confident in Sri Lanka’s Path to Progress
Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, engaged in productive discussions with his Chinese counterpart, Wang Yi, during the latter’s brief visit […]
Stock Market Experiences First Downturn of 2026
The Colombo Stock Exchange (CSE) experienced its first market decline of 2026 on January 12, as the All Share Price Index (ASPI) decreased by 45.79 […]
Sri Lanka Set to Revitalize Stalled Krrish Tower Project
Authorities are currently engaged in discussions to resume work on Krrish Square, a controversial and stalled high-rise project in Sri Lanka’s capital, initiated by an […]
Social Security Council Marks Historic Milestone in Progress
The Sri Lankan Social Security Board, established three decades ago, has reached an unprecedented milestone in 2025. The board, which focuses on establishing and managing […]
Sri Lanka Stock Market Closes 0.14% Lower After Hitting Intraday High
The Colombo Stock Exchange (CSE) All Share Price Index (ASPI) in Sri Lanka experienced a slight decline of 0.19 percent despite reaching an all-time high […]
Chinese Foreign Minister Pledges Support for Sri Lanka’s Reconstruction Efforts, Says Minister
Chinese Foreign Minister Wang Yi has promised to personally intervene in a request from his Sri Lankan counterpart to aid in the reconstruction of infrastructure […]
Sri Lanka Unveils Innovative Smart Bus Ticketing System for the First Time
Sri Lanka has marked a significant milestone in its public transportation sector with the introduction of its first Smart Bus Ticketing System. This system allows […]
FitsAir in Sri Lanka Receives Certification for A320 Pilot Training
FitsAir, a Colombo-based airline, has announced its certification by the Civil Aviation Authority of Sri Lanka as an approved training organization (ATO) for Airbus A320 […]
Sri Lanka Welcomes Over 67,000 Tourists in the First Eight Days of 2026
The Sri Lanka Tourism Development Authority (SLTDA) has reported that 67,762 tourists visited the country during the first eight days of 2026. On January 6, […]
Chinese Foreign Minister Engages with Sri Lankan Counterpart During Brief Visit
Financial Chronicle – Chinese Foreign Minister Wang Yi is currently visiting Sri Lanka, where he has met with the nation’s Foreign Minister, Vijitha Herath. During […]