Colombo Land Prices Surge in Second Half of 2025
The Land Valuation Indicator (LVI) for the Colombo District experienced a significant increase of 10.6% during the second half of…
Author: Sienna De Silva
Sri Lankan Rupee Stabilizes as Bond Yields Hold Steady
On Thursday, Sri Lanka’s rupee was quoted at 309.33/37 against the US dollar in the spot market, according to dealers.…
Global Debt Reaches Unprecedented $348 Trillion in 2025 Due to Increased Government Spending, Reports IIF
Global debt reached an unprecedented $348 trillion by the end of 2025, following a substantial increase of nearly $29 trillion…
U.S. Delegation Explores Strategic Investments in Sri Lanka’s Graphite Industry
A delegation from the Montana State Partnership Program recently engaged in discussions with Sri Lanka’s Ambassador to the United States,…
Bondholders to Decide on Debt Restructuring for Sri Lanka’s State Airline in March
Holders of defaulted SriLankan Airlines debt are set to vote on March 18 regarding an exchange for government bonds, a…
Sri Lanka’s Influential Spymaster Suresh Salley Arrested: An In-Depth Analysis
The arrest of Major General Suresh Salley, the former head of Sri Lanka’s State Intelligence Service (SIS) and Military Intelligence,…
Prime Lands Residencies PLC Acquires Iconic Otters Club Car Park for “The Elizabeth,” a Landmark Development in Colombo 7
Prime Lands Residencies PLC has successfully acquired the historic Otters Club Car Park property in Colombo 7 through a recent…
Sri Lanka Stocks Rise with Boost from Diversified Financials and Capital Goods
Sri Lanka’s Colombo Stock Exchange experienced a slight uptick on Wednesday, with capital goods and diversified financials driving the turnover.…
Market Turnover Surpasses Rs. 4 Billion Amid Modest Index Gains
On Wednesday, Sri Lanka’s stock market experienced a modest uptick, with both major indices closing the day on a positive…
SriLankan Airlines Secures Long-Term Line Maintenance Pact with Batik Air Malaysia
SriLankan Engineering has officially entered into a new long-term Line Maintenance Agreement with Batik Air Malaysia to support all of…