India has pledged $450 million to support Sri Lanka’s recovery efforts following Cyclone Ditwah, according to External Affairs Minister S Jaishankar. The announcement was made […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Asia-Pacific sovereigns outlook ‘Neutral’ for 2026, reflecting resilience: Fitch
Fitch Ratings has indicated that most sovereigns in the Asia-Pacific region are expected to maintain sufficient financial buffers in 2026 to withstand the impact of […]
Sri Lanka rupee opens weaker, bond yields edge up
Sri Lanka’s rupee was trading at 309.60/85 against the US dollar in the spot market on Tuesday, compared to 309.50/65 the previous day, according to […]
Sri Lanka overborrowed ‘cash buffer’ interest cost 2-pct
The cost of maintaining a domestic cash buffer through overborrowing, which reached approximately 1.2 trillion rupees by November, results in an additional expense of about […]
Siddhalepa Kekulu Punchi Siththaru Celebrates Young Talent with its 11th Annual Edition
The 11th Siddhalepa Kekulu Punchi Siththaru Art Competition concluded on December 14, 2025, with a distinguished awards ceremony at the J.R. Jayewardene Centre. Organised by […]
Under the NIRDC, financial assistance amounting to Rs. 227 million has been awarded to innovators for nine projects selected during the first quarter
The presentation of certificates and the signing of the Memorandum of Understanding (MoU) for the allocation of funds to nine selected projects under the National […]
HNB Signals Strong ESG Commitment with Oversubscribed LKR 10 Bn Sustainable Bonds
Hatton National Bank PLC (HNB PLC) marked a significant milestone by raising LKR 10 billion through its inaugural issuance of sustainable bonds. The achievement was […]
Sri Lanka Cyclone Ditwah damage estimated at US$4.1bn
Sri Lanka has suffered direct physical damage estimated at 4.1 billion US dollars, or approximately 4 percent of its gross domestic product, as a result […]
Damage from Cyclone Ditwah in Sri Lanka Estimated at $4.1 Billion
Cyclone Ditwah, which struck Sri Lanka in late November, has resulted in an estimated US$4.1 billion in direct physical damage to buildings, contents, agriculture, and […]
Sri Lanka stocks drop 1.13-pct as Dockyard downtrend continues
Continued negative sentiment surrounding Colombo Dockyard shares weighed heavily on the Colombo Stock Exchange (CSE) All Share Price Index (ASPI) on Monday, with the index […]
Nawaloka Hospitals Colombo Marks Four Decades of Responsible, Patient Centered Healthcare
For over forty years, Nawaloka Hospitals PLC has been a cornerstone of Sri Lanka’s healthcare sector, consistently upholding a commitment to safe, ethical, and patient-centered […]
Strengthening Northern Region MICE Capacity: SLCB join hands with the Northern Province Tourism Bureau and the University of Jaffna to uplift MICE skills in the region
The Sri Lanka Convention Bureau (SLCB), in accordance with its annual activity plan, recently conducted two significant MICE (Meetings, Incentives, Conferences, and Exhibitions) capacity-building programmes […]
Sri Lanka agri, spice exporters face raw material shortage after Ditwah devastation: EDB chief
Sri Lankan exporters in areas affected by Cyclone Ditwah are currently experiencing a shortage of raw materials for agricultural products and spices, according to Export […]
Exports Record US$ 15.8 Billion as Sri Lanka Maintains Upward Trade Momentum
Sri Lanka’s export sector has demonstrated robust growth, achieving a 5.8% year-on-year increase during the period from January to November 2025. According to Sri Lanka […]
How Sri Lanka’s Lost Wisdom Is Fueling Today’s Floods and Landslides
Sri Lanka’s central hills are not just a geographical feature; they are the silent foundation of a civilisation that flourished for over 2,500 years. These […]
eMudhra and LankaSign Announce Strategic Partnership to Make Digital Signing Seamless
In a major development for Sri Lanka’s digital transformation, eMudhra, a global leader in digital identity and security solutions, has formed a strategic partnership with […]
Sri Lanka should sell debt with disaster clauses, catastrophe bonds: think tank
Sri Lanka should consider issuing debt instruments with climate clauses that suspend debt service obligations in the event of natural disasters, according to Colombo-based think […]
ADB Supports Pilot of Modern Pipe Distribution Network Systems for Agriculture in Sri Lanka
The Asian Development Bank (ADB) has approved a $3 million grant to address water shortages in Sri Lanka’s Northwestern and Uva provinces by constructing modern […]