A delegation from Sri Lanka, headed by Central Bank Governor Nandalal Weerasinghe, engaged in talks with high-ranking officials from the International Monetary Fund (IMF) and […]
Category: Top Stories
The most important and widely read stories of the day, selected for their relevance, impact, and public interest.
CBSL Orders In-Depth Forensic Investigation by Renowned Global Firm with International Specialists into NDB Fraud Case
The Central Bank of Sri Lanka (CBSL) is actively overseeing the ongoing situation concerning National Development Bank PLC (NDB) in light of a recent internal […]
Sri Lanka’s Embassy in Japan Celebrates Success of 2026 ICT Business Matching Event
The Sri Lankan Embassy in Japan, in partnership with the Export Development Board, recently held the Japan–Sri Lanka ICT Business Matching Event 2026 at the […]
ComBank collaborates with Bancstac to enhance digital payment systems.
The Commercial Bank of Ceylon has formalized a long-term Technology Services Master Agreement with Bancstac, aimed at establishing a secure and scalable payment processing infrastructure […]
PMI Grows in March Amidst Middle Eastern Tensions and Global Economic Instability
In March 2026, the Purchasing Managers’ Indices (PMIs) reflect growth in both the Manufacturing and Services sectors in Sri Lanka. The Manufacturing Purchasing Managers’ Index […]
IMF Calls on Sri Lanka to Sustain Reform Efforts in Light of Energy Challenges
The International Monetary Fund (IMF) has emphasized the importance of Sri Lanka adhering to its reform initiatives amid increasing uncertainties in the global energy market. […]
Asia Faces Economic Challenges Amidst Energy Crisis
The region can effectively navigate current challenges by focusing on safeguarding vulnerable populations, allowing for price adjustments, stabilizing inflation expectations, and fast-tracking structural reforms. By […]
Sri Lanka’s Debt Restructuring Process Approaches Finalization Amid Ongoing Challenges
Sri Lanka is nearing the conclusion of its recovery journey following the historic sovereign default in 2022, as highlighted in the sixth Cochairs Progress Report […]
Colombo Stock Exchange Soars Amidst Robust Trading Activity
The Colombo Stock Exchange (CSE) experienced substantial growth on the 16th, as both primary indices posted significant advancements driven by heightened investor engagement. The All […]
Renowned Emerging Markets Innovator Mark Mobius Passes Away at 89
Mark Mobius, a distinguished figure in global investment and a trailblazer in emerging markets, has died at the age of 89. Mobius was instrumental in […]
G-24 Sounds Alarm on Escalating Global Threats: Sri Lanka Identified as Vulnerable Economy to External Disturbances
The Intergovernmental Group of Twenty-Four (G-24) has expressed concerns that increasing global risks—such as geopolitical conflicts, rising inflation rates, and tightening financial conditions—may jeopardize the […]
IMF Revises Growth Forecast Downward, Cautions Global Economy Heading Towards Troubling Conditions
On Tuesday, the International Monetary Fund (IMF) revised its growth projections downward, attributing the change to surges in energy prices driven by ongoing conflict in […]
Collaborative Declaration from Leaders of the International Energy Agency, International Monetary Fund, and World Bank Group
Leaders from the International Energy Agency (IEA), the International Monetary Fund (IMF), and the World Bank Group convened today as part of a coordinating group […]
Middle Eastern Conflict Poses Risks to Worldwide Economic Stability
Global financial markets commenced 2026 on a robust note, with asset values increasing across key sectors, overall volatility remaining low, and financial conditions being relatively […]
Mahindra Ideal Finance Ltd Marks Successful Debenture Debut on the Colombo Stock Exchange
Mahindra Ideal Finance Ltd (MIFL) has celebrated the official listing of its first debentures with a ceremonial bell ringing and market opening event on the […]
US Enforces Blockade on Iranian Ports as Oil Prices Stabilize Amid Hopes for Negotiations
According to Reuters, the U.S. military has initiated a blockade of Iran’s ports, escalating tensions with Tehran and introducing further uncertainty in a vital maritime […]
Mundra Port Achieves Milestone as India’s Premier Hub for Automobile Exports
According to a report from Adda247, Mundra Port has established itself as the premier automobile export center in India by achieving a remarkable feat of […]
Abu Dhabi, UAE, Set to Host the 2029 Annual Gatherings of the World Bank Group and IMF
The World Bank Group and the International Monetary Fund have officially selected Abu Dhabi, United Arab Emirates, as the host city for the 2029 Annual […]