Tech-Driven Surge Steadies Global Economy After Tariff Turmoil
Risks are mounting, particularly due to the concentration of tech investment and the adverse effects of trade disruptions, which may…
Author: Sienna De Silva
Sri Lanka Revises Gem Border Tax to Reclaim Status as Global Trade Hub
Sri Lanka is revising the basis for imposing value-added tax (VAT) on imported rough stones to revive its gem trade,…
Sri Lanka Commits Rs 2 Billion to Revitalize Beira Lake
The polluted waters of Beira Lake in Colombo, Sri Lanka, are set to undergo a 2.5 billion rupee restoration project…
Overseas Investors Divest Sri Lanka Rupee Bonds Following Recent Acquisitions
Foreign investors divested approximately 3.1 million USD worth of Sri Lankan government securities in the week ending January 14, following…
Sri Lankan Rupee Stabilizes as Bond Yields Decline
FINANCIAL CHRONICLE – On Monday, Sri Lanka’s rupee closed in the spot market at 309.72/77 against the US dollar, slightly…
Browns Beach Hotels Set to Exit Colombo Stock Exchange
FINANCIAL CHRONICLE – Browns Beach Hotels in Sri Lanka has announced its decision to delist from the Colombo Stock Exchange.…
HNB Unveils ‘Nana Savi Mehewara’ Initiative to Aid Cyclone Ditwah-Affected Children’s Education Nationwide
HNB PLC has initiated ‘Nana Savi Mehewara,’ a comprehensive national program aimed at supporting the educational needs of children affected…
Ceylinco Life Welcomes Dr. Kelum Senanayake as New Consultant
Ceylinco Life has announced the appointment of industry veteran Dr. Kelum Senanayake as a Consultant, enhancing the company’s strategic focus…
Sri Lanka Stocks Decline as Dockyard and Banks Weigh Down Market
FINANCIAL CHRONICLE – On Monday, the stock market in Sri Lanka closed lower, according to data from the Colombo Stock…
Vallibel Finance of Sri Lanka Launches Rs2.1 Billion Rights Issue Initiative
Sri Lanka’s Vallibel Finance is set to raise 2.11 billion rupees through a rights issue, offering one new share for…