ECONOMYNEXT – Sri Lanka’s rupee was quoted at 311.00/10 to the US dollar in the spot market Friday, from 311.00/05 the previous day, dealers said, while bond yields were broadly steady. A bond ...

John Keells Hotels has sold a 98.39 percent stake in Kandy Walk Inn Limited, the company that owns the Cinnamon Citadel hotel, to Lavendish Leisure of the Dedigama Group, for 2.777 billion rupees.

Sri Lanka has sold 130 billion rupees in 2030, 2034 and 2036 bonds, data from the public debt management office showed.

ECONOMYNEXT – The United Nations-flagged research vessel Dr. Fridtjof Nansen arrived in Sri Lanka for a joint marine survey, the island nation’s Foreign Ministry said, after the ship was delayed from ...

Sri Lanka’s Colombo Stock Exchange closed down on Thursday, data showed, as global uncertainty rose after cargo ships in the Gulf region were attacked.

ECONOMYNEXT – Sri Lanka Parliament’s committee on high posts has approved the appointments of 12 new envoys. The Committee on High Posts approved: Dharshana M Perera as high commissioner-designate to ...

The 23rd edition of Sri Lanka’s flagship fashion show, Colombo Fashion Week, will feature designers from Russia, China, India, Pakistan, Bangladesh and South Africa organizers said.

ADB is ready to provide more than 1 billion dollars annually to Sri Lanka from 2026 to 2029, the global lender said. “This ...

Sri Lanka’s rupee closed at 310.85/95 to the US dollar in the spot market Wednesday, stronger than 310.95/311.05 the previous ...

The threat level of money laundering through drug trafficking as well as terrorism financing has increased in 2024/25, a report compiled by the Central Bank’s Financial Intelligence Unit (FIU) said.

Sri Lanka may see a rise in demand for electric and hybrid vehicles amidst the rise in fuel costs, a senior official of John ...

ECONOMYNEXT – National carrier SriLankan will increase its frequency to Australia from August this year to cater a growing demand in the sector, the company said in a statement.