Lee Hedges to acquire full stake in Lanka Realty Developments
Lee Hedges to acquire full stake in Lanka Realty Developments marks a significant move in Sri Lanka’s property sector, with the listed company
Business
Uncategorized
Sri Lanka stocks trend down in midday trade, similar to regional markets
Sri Lanka stocks trend down in midday trade, similar to regional markets as investor sentiment weakened on Monday, tracking declines across Asian equities
Forex Market
Sri Lanka Rupee and Bonds Update – 23 Mar 2026
Sri Lanka rupee weaker, bond yields steady in Monday’s market activity, reflecting continued pressure on the currency alongside relatively stable conditions in the
Energy
Windforce gets 10 MW/40 MWh BESS project in Panadura
Windforce gets 10 MW/40 MWh BESS project in Panadura as Sri Lanka continues to expand its energy storage capacity to support grid stability
Government Regulations
Dimuth Atapattu appointed DG of Sri Lanka’s Data Protection Authority
Dimuth Atapattu appointed DG of Sri Lanka’s Data Protection Authority marks a significant step in strengthening the country’s regulatory framework for personal data
Entrepreneurship
CDB champions women entrepreneurs through CAN Market partnership
CDB champions women entrepreneurs through CAN Market partnership as part of a broader push to promote inclusive growth and sustainable business practices, aligning
Energy
Fuel prices rise across CPC, Sinopec and LIOC
Fuel prices rise across CPC, Sinopec and LIOC following the latest revision implemented from midnight on 21 March, reflecting mounting global pressures linked
Logistics
Uber and PickMe urge Govt. to allocate higher fuel quotas
Uber and PickMe urge Govt. to allocate higher fuel quotas as Sri Lanka grapples with renewed fuel constraints, with the two ride-hailing platforms
Forex Market
Today’s Exchange Rates in Sri Lanka – 23 Mar 2026
Daily Central Bank figures shaping Sri Lanka’s currency outlook. Currency Buying Rate Selling Rate USD 308.36 315.94 AUD 213.43 222.89 CAD 223.73 231.76
Economics
Top 30% income cohort consumes 70% of fuel: Advocata CEO
Top 30% income cohort consumes 70% of fuel: Advocata CEO highlights a stark imbalance in Sri Lanka’s energy consumption, raising concerns over pricing