FINANCIAL CHRONICLE – Sri Lanka is planning to establish a gold refinery on the island, according to an official from the National Gem and Jewellery […]
Category: Business
News and analysis on Sri Lanka’s corporate sector, industries, entrepreneurship, trade, and business policy developments.
Sri Lanka to Host Prestigious Global Apparel Conference – Cascale Forum
Sri Lanka is set to host the Cascale Forum, an event that will gather over 500 global apparel manufacturers, brands, retailers, non-governmental agencies, and policymakers […]
FAO Unveils $16.5 Million Appeal to Support Sri Lanka
The United Nations Food and Agriculture Organization (FAO) has issued an appeal for $16.5 million aimed at supporting the recovery of livelihoods and enhancing food […]
Permia Sensing Triumphs in UAE FoodTech Challenge with Innovative Sri Lankan Technology
Permia Sensing, an agriculture company leveraging AI technology and specializing in palm trees, has been honored as a winner of the UAE FoodTech Challenge 2026 […]
Sri Lanka Chamber Unveils Prestigious National Business Excellence Awards 2026
The National Chamber of Commerce of Sri Lanka (NCCSL) has officially launched the National Business Excellence Awards (NBEA) 2026. This prestigious event aims to celebrate […]
MTI Unveils Strategic Plan for Industrial Growth to Empower Zimbabwe’s Sovereign Fund
MTI Consulting has successfully completed a performance review of the Industrial Development Corporation of Zimbabwe and developed turnaround strategies for the organization. “The assignment benefitted […]
Fitch Predicts Sustained Profitability for Asia-Pacific Banks Amid Waning Rate-Cut Cycles
Fitch Ratings has released a new report indicating that most banks in the Asia-Pacific (APAC) region are expected to maintain stable profitability in 2026, as […]
Sri Lanka Tea Prices Decline Amidst Iran Concerns, High Growns Show Recovery Signs
FINANCIAL CHRONICLE – Over the past two weeks, the prices of Ceylon tea in Sri Lanka have declined due to economic disruptions in Iran, although […]
India’s IRCON Commences Reconstruction of Cyclone-Damaged Rail Tracks in Northern Sri Lanka
IRCON International Limited, a state enterprise from India, has commenced the restoration of Sri Lanka’s rail track to Jaffna, which was damaged by Cyclone Ditwah, […]
Sri Lanka Transforms Pelwatte Sugar Site into Thriving Tourism Hub
FINANCIAL CHRONICLE – The Sri Lankan cabinet has given the green light to seek investors for transforming the Pelwatte Sugar Factory premises into tourist attractions […]
Sri Lankan Banks Invest Rs3.8bn to Operate Forex Counters at Airport
FINANCIAL CHRONICLE – State and private commercial banks in Sri Lanka have committed to paying up to 970 million rupees each for the opportunity to […]
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’s CEB Unbundling to Incur Rs10.6 Billion Due to Lost Economies of Scale
The unbundling of Sri Lanka’s Ceylon Electricity Board (CEB) into multiple companies is anticipated to incur costs amounting to 10.6 billion rupees due to a […]
Sri Lanka Insurance Association Unveils Innovative Digital Card Initiative
The Insurance Association of Sri Lanka (IASL) has introduced a new E-Motor Insurance Digital Card while also donating 500 tablets to the Police. This initiative […]
HNB General Insurance and HNB Stockbrokers Forge Strategic Alliance to Deliver Comprehensive Financial Solutions
HNB General Insurance Limited (HNBGI) has formed a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, representing a significant milestone in the HNB Group’s mission […]
Sri Lanka’s CEB Seeks Price Increase Amid Rupee Depreciation
Financial Chronicle – The Ceylon Electricity Board (CEB) of Sri Lanka has submitted a proposal to the regulatory authorities, seeking an 11% increase in electricity […]
Sri Lanka’s Hambantota Port Targets 2 Million Container Capacity Following Remarkable 700% Growth
Financial Chronicle – Sri Lanka’s Hambantota Port, backed by China, reported a significant increase in container handling volumes, rising by 705 percent to 428,036 twenty-foot […]
India Provides 15 Additional Bailey Bridges to Restore Cyclone-Damaged Highways in Sri Lanka
Financial Chronicle – India will construct 15 Bailey Bridges as part of a $450 million cyclone recovery package aimed at reconstructing Sri Lanka’s damaged infrastructure, […]