Sri Lanka’s two state banks recently published their financials. It wasn’t compelling reading, but it certainly stirred up a few questions – and honestly, they […]
News Flash
The NDB Fraud: Hard Questions
THE NDB FRAUD: THE NUMBER WAS ALREADY THERE The most troubling dimension of the unfolding NDB fraud story is no longer…
NDB of Sri Lanka Reports Rs13.2 Billion Loss Due to Internal Fraud, Trading Suspended
Sri Lanka's National Development Bank PLC has reported a significant internal fraud perpetrated by its…
Sri Lanka’s Shops Experience Milk Shortage as Price Hike Concerns Loom
FINANCIAL CHRONICLE – A significant number of grocery stores in Sri Lanka have ceased offering…
Sri Lanka Economy 2026
What’s in store in the coming year of 2026?
Sri Lanka’s current macroeconomic fundamentals suggest that the economy has emerged from acute crisis conditions and is moving toward gradual stabilisation. Read more
Maldives President likely to visit Sri Lanka in December: eyes on tourism, trade deals
Maldives President Mohamed Muizzu is expected to visit Sri Lanka in the second week of December on an official invitation of his Sri Lanka counterpart […]
Was Sajith Right – Was Sajith Foolish?
The non-participation of the Leader of the Opposition and the SJB party at the rally in Nugegoda has caused consternation as well as admiration. Was […]
Jimmy Cliff
One of the greatest stars of Jamaican reggae known for his 1969 hit Many Rivers to Cross and the film The Harder They Come The […]
Original He-Man of Indian Cinema Dharmendra Bids Goodbye
One of India’s most celebrated actors, Dharmendra, passed away at the age of 89 on Monday (November 24), according to IANS. The news comes after […]
UK Rules Likely to Raise Sri Lankan Students’ Costs
Thousands of Sri Lankans aspiring to higher education in the United Kingdom will likely face increased tuition costs from a 6% levy the Labour Government […]
Disputed Gaza aid distributor backed by US and Israel ends operations
The Gaza Humanitarian Foundation, the U.S.- and Israeli-backed organisation to distribute aid in Gaza, said on Monday it was ending its operations after months of […]
Jair Bolsonaro ordered to start 27-year prison term for plotting Brazil coup
Brazil’s former president, Jair Bolsonaro, has been ordered to start serving his 27-year sentence in a 12 sq metre bedroom in a police base in […]
AI-Driven Hate Networks Exposed in UK–Sri Lanka Misinformation Probe
A fast-unfolding investigation into UK-based Sri Lankan content creator Geeth Sooriyapura has uncovered a sophisticated cross-border ecosystem that uses Artificial Intelligence (AI) to manufacture hate […]
Sri Lanka–US Defence Pact Unveiled After Transparency Concerns Rise
The long-awaited Sri Lanka–United States Defence Memorandum of Understanding (MoU), previously criticised for being withheld from the public, has now been officially released, offering clarity […]
6% Allocation for Education? PM Harini Responds
Opposition Leader Sajith Premadasa today questioned Prime Minister Harini Amarasuriya on her recent clarification that the government had not promised 6% allocation for the Education […]
Pettah Floating Market to Japanese at USD 160 Million
The Urban Development Authority (UDA) is reported to be preparing to lease the Pettah Floating Market to a Japanese investor for USD 160 million, it […]
SriLankan Airlines Faces Massive Losses From Faulty Airbus Fleet Deal
SriLankan Airlines has suffered a staggering USD 60 million loss after a fleet of new Airbus A320-family aircraft purchased in 2018 was grounded due to […]
Faraz Shauketaly Appointed Chief Editor of Financial Chronicle, Marking a New Era in Sri Lankan Financial Journalism
Colombo, Sri Lanka – The Financial Chronicle today announced the appointment of veteran journalist Faraz Shauketaly as its new Chief Editor, a decision widely seen as a defining moment in the […]
Former head of Foreign Employment Bureau Hilmi arrested.
Mohammed Hilmi, the former head of the Sri Lanka Bureau of Foreign Employment (SLBFE), has been taken into custody by the Commission to Investigate Allegations […]
Self-censorship in media has no place in a democracy
Last week a US Appeals Court dismissed an attempt by Donald Trump to revive a defamation lawsuit against CNN. In the original suit in 2022 […]
Saudi Arabia to open alcohol stores
Saudi Arabia will open two new alcohol stores in Jeddah and Dhahran, according to a Reuters report Saudi Arabia plans to open two new alcohol […]
Government’s Dollar Bond Issue Triggers Major Market Sell-Off
Colombo, November 24, 2025 – Sri Lanka’s stock market experienced a sharp downturn today after the Government announced the launch of a new auction for […]