Indian travellers are shifting their preferences for winter holidays, with Sri Lanka emerging as the fastest-growing destination this season, according to a report by Atlys. […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
IMF board to meet on Sri Lanka Rapid Finance loan on Dec 19
The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on December 19 to consider providing a loan to Sri Lanka through […]
Sri Lanka Malwathu Oya hydro project cost inflate 106-pct over 6 years
The Sri Lankan Cabinet has approved the resumption of the Lower Malwathu Oya multipurpose hydro power project, which had been suspended following the COVID-19 pandemic […]
Sri Lanka allocates Rs. 150mn to e-Court project
The Cabinet of Ministers in Sri Lanka has approved an allocation of 150 million rupees for the e-Court project, which aims to digitalize the country’s […]
Sri Lanka rupee weaker, bond yields down slightly
Sri Lanka’s rupee continued to weaken, closing at 309.50/60 against the US dollar in the spot market on Tuesday, compared to 309.25/35 on the previous […]
Sri Lanka stocks close 0.17-pct higher on Dockyard, financial shares
The Colombo Stock Exchange (CSE) closed 0.17 percent higher on Tuesday, recovering from the subdued performance seen in the previous session, according to official data. […]
Sri Lanka’s CBC Finance lists 11.5-pct debentures
Sri Lanka’s CBC Finance, a subsidiary of Commercial Bank of Ceylon, has listed 1.5 billion rupees in 11.5 percent debentures, according to an announcement by […]
LAUGFS Rubber Clinches Silver at NCPC Awards 2025 for Cleaner Production Excellence
LAUGFS Rubber, a subsidiary of LAUGFS Holdings, has received the Silver Award in the Rubber Industry sector (large category) at the National Cleaner Production Awards […]
Sri Lanka to sign MOU to improve employability in Japan
Sri Lanka’s Cabinet of Ministers has approved a proposal to sign a Memorandum of Understanding (MOU) between a local government agency and a Japanese state […]
Sri Lanka to co-host 2026 Asian Debt Management Conference
Sri Lanka’s Cabinet has approved a proposal to co-host the Asian Regional Debt Management Conference in May 2026, Cabinet Spokesman Nalinda Jayatissa announced. The conference, […]
Sri Lanka gets $200mn loan from Asian Development Bank
Sri Lanka has entered into an agreement with the Asian Development Bank (ADB) for a loan of 200 million US dollars to continue the Mahaweli […]
CBC Finance Lists on the Colombo Stock Exchange
CBC Finance Ltd, a subsidiary of Commercial Bank of Ceylon PLC, marked its debut on the Colombo Stock Exchange (CSE) with the successful issuance of […]
Hambantota International Port Marks Maiden Visit of Mein Schiff 6
Hambantota International Port (HIP) welcomed the cruise liner Mein Schiff 6 on its maiden call on December 3rd, underscoring the port’s growing reputation as a […]
Sri Lanka services activities expands at slower rate in November: PMI
Sri Lanka’s services sector experienced a notable slowdown in expansion during November 2025, according to the latest Purchasing Managers Index (PMI) released by the Central […]
Sriyani Dress Point donates Rs. 20 million and deploys aid for Cyclone Ditwah victims
Sriyani Dress Point, a leading fashion retail chain in Sri Lanka, has demonstrated its commitment to social responsibility by donating Rs. 20 million to the […]
Sri Lanka manufacturing expands at slower rate in Nov 2025: PMI
Sri Lanka’s manufacturing sector continued to grow in November, although the pace of expansion slowed compared to the previous month. According to the Central Bank […]
WealthTrust Securities Limited IPO Opens Tomorrow
The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) is set to open tomorrow, offering the public an opportunity to subscribe for 71,548,244 Ordinary […]
Sri Lanka rupee weaker, bond yields steady
Sri Lanka’s rupee was quoted at 309.45/50 to the US dollar in the spot market on Tuesday, marking a slight depreciation from the previous day’s […]