Sri Lanka Gears Up for Crucial Third Review on Anti-Money Laundering Efforts
A special discussion regarding Sri Lanka’s Third Mutual Evaluation on international standards for Anti-Money Laundering and Combating the Financing of…
Author: Sienna De Silva
Asian Markets Fluctuate as Oil Prices Rise and Gold Rebounds
Asian stocks experienced instability on Wednesday, mirroring steep declines in U.S. and European equities amid concerns that advancements in artificial…
Sri Lankan President Highlights Missed Opportunities for National Progress
FINANCIAL CHRONICLE – In his Independence Day message, President Anura Kumara Dissanayake of Sri Lanka acknowledged that the nation has…
Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter
Sri Lanka’s Hemas Holdings reported a 12.8% decline in group net profit to Rs. 2.6 billion for the December 2025…
Sri Lanka Singer Reports 47% Profit Surge in December 2025 Quarter
The profits of Singer Sri Lanka Plc, a prominent consumer durables retailer, surged by 47% to reach 2.1 billion rupees…
Sri Lanka Intensifies Efforts to Combat Illicit Finance and Prevent Grey List Reinstatement
President Anura Kumara Dissanayake has delivered a decisive ultimatum to state institutions, emphasizing that “good governance” must be established domestically…
Sri Lankan Rupee Strengthens as Bond Yields Fall
FINANCIAL CHRONICLE – On Tuesday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.45/55 against the US dollar,…
Sri Lanka Regulator Prolongs Suspension of Sanasa Life Insurance
FINANCIAL CHRONICLE – The Insurance Regulatory Commission of Sri Lanka has announced an extension of the suspension of Sanasa Life…
Sri Lankan Cabinet Endorses Ambitious Renewable Energy Initiative
Sri Lanka’s cabinet of ministers has approved the Renewable Energy Resources Development Plan for 2025-2030, as announced by Minister Nalinda…
Sri Lanka Stocks Surge as Banking Sector Drives Turnover
Sri Lanka’s Colombo Stock Exchange closed positively on Tuesday, with significant contributions to turnover from the banking and capital goods…