AIA Insurance Lanka Limited has entered a strategic partnership with CBC Finance Limited, marking a significant milestone in its mission to enhance financial security and […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Sri Lanka cash short banks borrow Rs48bn in central bank credit
Central bank lending to banks in Sri Lanka surged to 48 billion rupees on January 8, up from 19 billion rupees the previous day, according […]
The Auditor General Is Missing in a Functioning Democracy
If Sri Lanka were a functioning republic, the absence of an Auditor General for nearly a month would be a constitutional scandal. Instead, it has […]
Sri Lanka to get US$350mn equivalent cyclone aid in Indian rupees
India is set to disburse approximately USD 350 million, out of a total of USD 450 million committed for cyclone recovery efforts in Sri Lanka, […]
Depression to hit Sri Lanka closer to Trincomalee, rains of 150mm
The forecasted path of a depression expected to impact Sri Lanka has been adjusted northwards towards Trincomalee, with heavy rainfall anticipated for the North-central, Eastern, […]
Sri Lanka to get heavy rain before depression hits Hambantota-Batticaloa coast
Sri Lanka is set to experience heavy rainfall accompanied by flash flood risks over the next 24 hours due to a deep depression located offshore. […]
Wealthtrust Securities Limited Market Debut on CSE’s Diri Savi Board
Wealthtrust Securities Limited commenced trading of its 71,548,244 ordinary voting shares (Symbol: WLTH.N0000) on the Diri Savi Board of the Colombo Stock Exchange (CSE) today, […]
India to rebuild Sri Lanka’s cyclone hit bridges spending $30mn
India has pledged 30 million US dollars to reconstruct damaged bridges in Sri Lanka, with the inauguration of the first two bridges scheduled for next […]
Sri Lanka rupee closes stronger, bond yields drop
FINANCIAL CHRONICLE – On Thursday, Sri Lanka’s rupee appreciated against the US dollar, closing at 309.10/50 in the spot market, compared to the previous day’s […]
Sri Lanka apparel exports gain tariff-free access to UK from Jan 1
Sri Lankan apparel manufacturers are set to benefit from expanded access to UK markets under new, liberalized trade rules effective from January 1, 2026, as […]
Sri Lanka’s CB to introduce intra-day reference FX rate this year; dealers welcome move
FINANCIAL CHRONICLE – Sri Lanka’s Central Bank is set to introduce a benchmark intra-day reference exchange rate this year to enhance transparency in the foreign […]
Colombo Stock Market Rebounds with Record Rs. 12.32 Billion Turnover
The Colombo Stock Exchange (CSE) resumed normal trading today, following an unexpected market disruption experienced yesterday. The session was marked by a strong rebound, recording […]
Sri Lanka government defends central bank’s 5-pct inflation target
FINANCIAL CHRONICLE – Sri Lanka’s Deputy Finance Minister has defended the central bank’s decision to set a 5 percent inflation target, emphasizing that it aligns […]
Insurance Brokers new leadership Guiding Theme “Sustainable Growth and Professionalism”
The Sri Lanka Insurance Brokers Association (SLIBA) held its 38th Annual General Meeting on December 18, 2025, at the Ramada by Wyndham in Colombo, attracting […]
Lanka Realty Investments buys 51-pct stake of Lee Hedges
Lanka Realty Investments PLC has successfully acquired 51 percent of the total shares in issue of Lee Hedges PLC, as detailed in a recent stock […]
Sri Lanka stocks close up, buoyed by Wealth Trust, banks
The Colombo Stock Exchange in Sri Lanka experienced an upswing on Thursday, driven by heightened investor interest in Wealth Trust and banking stocks, according to […]
AMW Commands 55% Market Share to Lead Sri Lanka’s Class A SUV Segment in 2025
Associated Motorways (Private) Limited (AMW), part of the Al-Futtaim Group and the authorized distributor for Nissan and Suzuki in Sri Lanka, has achieved a significant […]
Synogen Commissions One of Sri Lanka’s Largest Rooftop Solar Projects, Advancing the Shift Toward Intelligent Energy Systems
Synogen, a leading clean energy engineering and technology company, has successfully commissioned one of Sri Lanka’s largest rooftop solar photovoltaic projects—a 6.4 MWp installation for […]