Business

Mazagon Dock secures majority control of Colombo Dockyard with 51% stake

Mazagon Dock secures majority control of Colombo Dockyard with 51% stake, marking a significant shift in ownership of Sri Lanka’s leading shipbuilding and

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Business

Alumex PLC powers innovation as official material sponsor of Unleashed 2026

Alumex PLC powers innovation as official material sponsor of Unleashed 2026, supporting the unveiling of the FALCON E1 electric race car developed by

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Real Estate

JK Properties unveils Vauxhall DSTRCT; over 100 apartments sold by launch

JK Properties unveils Vauxhall DSTRCT; over 100 apartments sold by launch, marking a strong start for the latest high-rise residential development by John

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Technological Advancements

SLT-MOBITEL unveils redesigned fibre broadband packages

SLT-MOBITEL unveils redesigned fibre broadband packages, introducing a new portfolio of unlimited fibre connectivity plans designed to meet the growing digital demands of

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Economics

CoPF approves Gazette amending Port City development regulations

CoPF approves Gazette amending Port City development regulations, paving the way for revisions to planning and development controls governing the Colombo Port City

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Forex Market

Today’s Exchange Rates in Sri Lanka – 16 Mar 2026

Daily Central Bank figures shaping Sri Lanka’s currency outlook. Currency Buying Rate Selling Rate USD 307.52 315.13 AUD 213.52 222.95 CAD 223.03 231.15

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Business

BOC makes history as only Sri Lankan bank in World’s Top 500 Banking Brands 2026

BOC makes history as only Sri Lankan bank in World’s Top 500 Banking Brands 2026, marking a significant milestone for the country’s financial

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Tourism

Sri Lanka February tourism revenue down 4.3 pct

Sri Lanka February tourism revenue down 4.3 pct, according to official data, even as the island nation recorded a surge in tourist arrivals

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Technological Advancements

AI-related risks rising for software, media, and services corporates

AI-related risks rising for software, media, and services corporates, according to a new report by Fitch Ratings, which warns that artificial intelligence could

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Energy

Sri Lanka explores Russian fuel purchase after U.S. lifts sanctions

Sri Lanka explores Russian fuel purchase after U.S. lifts sanctions, opening discussions with Moscow as the island nation looks to secure fuel supplies

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