National Development Bank PLC (NDB) has announced the strengthening of its strategic partnership with the International Finance Corporation (IFC), a member of the World Bank […]
Category: Top Stories
The most important and widely read stories of the day, selected for their relevance, impact, and public interest.
Sri Lanka EDB Launches Premier Statistical Report: “Export Performance Indicators 2024”
The latest edition of the “Export Performance Indicators 2024” publication delivers detailed statistical insights into Sri Lanka’s external trade and its impact on major economic […]
JKH Achieves Robust 68% Q3 EBITDA Growth, Reaching Rs.23.76 Billion Amid Portfolio Momentum
John Keells Holdings PLC (JKH) has reported a robust operational performance for the third quarter of FY2025/26, with Group EBITDA increasing by 68% year-on-year to […]
David Pieris Logistics Launches Inaugural Multi-User Facility in Northern Sri Lanka
David Pieris Logistics (Private) Limited, previously known as D P Logistics (Pvt.) Limited and a part of the David Pieris Group of Companies, has launched […]
Gold Approaches $5,600/oz Amid Investor Caution, Silver Targets $120
Spot gold extended its impressive rally on Thursday, reaching a record high just below $5,600 per ounce as investors turned to safe assets amid ongoing […]
IMF Announces Postponement of EFF Fifth Review, Not Suspension
The International Monetary Fund (IMF) clarified that Sri Lanka’s Extended Fund Facility (EFF) program is not on hold, although the fifth review has been postponed […]
CBSL Governor Confirms Cyclone Ditwah’s Minimal Effect on Sri Lanka’s Economic Growth
Despite the initial shock, the impact of Cyclone Ditwah, which caused widespread devastation in several parts of the country, is unlikely to affect Sri Lanka’s […]
Emirates and Marriott International Introduce World’s First Ritz-Carlton Lodge in Australia’s Wolgan Valley
Emirates and Marriott International, Inc. (NASDAQ: MAR) have entered into an agreement to launch Emirates Wolgan Valley, a Ritz-Carlton Lodge. This 40-key, all-inclusive luxury lodge […]
National Export Development Plan 2025–2029 Gains Insight from Validation Workshops
The Sri Lanka Export Development Board (EDB), in collaboration with the Asian Development Bank (ADB) under the Policy-Based project of the Ministry of Industry and […]
IMF Delegation Wraps Up Crucial Visit to Sri Lanka
The International Monetary Fund (IMF) team, led by Mission Chief Evan Papageorgiou, has concluded its visit to Sri Lanka. The team arrived in Colombo on […]
Gold Surges Beyond $5,200 Amid Dollar’s Four-Year Low Decline
Gold surpassed the $5,200 mark for the first time on Wednesday, following a rise of more than 3% on Tuesday. This surge occurred as the […]
Record 223,000 Tourists Arrive in 2026
As of 2026, Sri Lanka has welcomed a total of 223,645 tourists, according to the Sri Lanka Tourism Development Authority (SLTDA). The data highlights that […]
Janashakthi Finance Achieves 35% Surge in Net Operating Income and LKR 389 Million PBT in Q3 FY26
Janashakthi Finance PLC, previously known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has reported robust financial performance for the nine-month period […]
Central Bank Maintains Steady Overnight Policy Rate
During its recent meeting, the Monetary Policy Board resolved to keep the Overnight Policy Rate (OPR) steady at 7.75%. This decision followed a thorough assessment […]
Fitch Reaffirms WindForce Sri Lanka’s ‘A+(lka)’ Rating with Stable Outlook
Fitch Ratings has reaffirmed the National Long-Term Rating of Sri Lanka-based power generator WindForce PLC at ‘A+'(lka), with a Stable Outlook. WindForce’s rating is bolstered […]
HSBC Surpasses $300 Billion Market Value Milestone
Shares in HSBC experienced a notable increase, climbing as much as 3% to reach a new record high on Tuesday. This surge briefly elevated the […]
ComBank Enhances WSME and Agri SME Financing with $60 Million IFC Risk Sharing Facility
Reinforcing its position as Sri Lanka’s largest lender to small and medium enterprises (SMEs), the Commercial Bank of Ceylon has partnered with the International Finance […]
SLASSCOM Elevates 25 Sri Lankan Startups to Global Prominence
The Sri Lanka Association for Software and Services Companies (SLASSCOM) is significantly enhancing Sri Lanka’s startup ecosystem by providing 25 promising local startups with exceptional […]