The United Kingdom’s updated Developing Countries Trading Scheme (DCTS), set to commence in January 2026, offers significant advantages for Sri Lanka’s garment industry, particularly benefiting […]
Category: Top Stories
The most important and widely read stories of the day, selected for their relevance, impact, and public interest.
FASL Unveils Global Fintech Partnership Driven by APIX After Sri Lanka FinTech World Cup at Port City Colombo
The Fintech Association of Sri Lanka (FASL) has unveiled a significant cross-border fintech partnership with the APIX Platform, based in Singapore, following the successful completion […]
LankaPay Introduces Weixin Pay for Cross-Border QR Payment Acceptance at LANKAQR Retailers
LankaPay, the national payment network of Sri Lanka, has announced a collaboration with Weixin Pay, known as WeChat Pay, to facilitate cross-border QR payment acceptance […]
Oil prices surge while stocks experience a mixed close amid turbulent trading conditions.
On Thursday, oil prices experienced a significant increase, while global equity markets showed a mixed response amid fluctuating trade conditions influenced by the ongoing conflict […]
Sri Lanka Teams Up with World Bank Group to Foster Job Creation and Boost Private Investment
Today, the World Bank Group and the Government of Sri Lanka unveiled a new five-year Country Partnership Framework (CPF) aimed at facilitating Sri Lanka’s ongoing […]
IMF Team Engages with President Dissanayake in Key Discussions
A delegation from the International Monetary Fund (IMF) visited President Anura Kumara Dissanayake at the Presidential Secretariat on February 2nd to discuss the ongoing economic […]
Justice Ministry Unveils New Management Information System to Boost Efficiency, Transparency, and Accountability
The Ministry of Justice and National Integration has officially unveiled a new Management Information System (MIS) along with an updated website, marking a pivotal advancement […]
EDB and CPC Collaborate with Sri Lankan Exporters to Enhance Fuel Distribution Strategies
The Sri Lanka Export Development Board (EDB) recently organized a significant meeting involving the Ceylon Petroleum Corporation (CPC) and representatives from various sectors within Sri […]
Coordination Among IMF, World Bank, and IEA Poses Challenges for Developing Nations Amid Crisis
The leaders of the International Energy Agency, the International Monetary Fund, and the World Bank Group have announced the creation of a collaborative group aimed […]
Gold prices decline as Trump remains vague on resolution of Iran conflict.
Gold prices experienced a reversal on Thursday, declining by over 1% and ending a four-day upward trend. This shift occurred after U.S. President Donald Trump […]
Markets Decline as Oil Prices Climb Following Trump’s Continued Threats Against Iran
Markets experienced a significant downturn on Thursday as escalating tensions surrounding Iran heightened concerns, leading to a decline in stock prices, an increase in oil […]
Liberty Lands & Developments Completes Strategic Acquisition of Scope Cinemas, Gaining Full Control
Liberty Lands & Developments (LLD) has successfully completed the acquisition of the remaining shares of Scope Cinemas, achieving full ownership of the cinema chain as […]
Unilever and McCormick Join Forces to Form a Global Leader in Flavor Innovation with Enhanced Growth Potential
Unilever PLC and McCormick & Company, Inc. have officially announced a strategic agreement to merge Unilever’s Foods division with McCormick. This merger aims to establish […]
Inflation in Colombo rises to 2.2% as of March 2026
The Colombo Consumer Price Index (CCPI) has reported an increase in the annual inflation rate, rising to 2.2% in March 2026, up from 1.6% in […]
Ceylon Chamber Emphasizes the Need for Equitable Taxation in 2026 Inland Revenue Amendment Legislation
The Ceylon Chamber of Commerce, through its Tax Steering Committee, has been actively interacting with stakeholders regarding the proposed Inland Revenue (Amendment) Bill of 2026, […]
DFCC Bank Supports Export Industry Amidst Increasing Challenges in Global Trade Dynamics
Sri Lanka’s exporters are adapting to a transformed global landscape characterized by unpredictable costs, volatile currencies, and unstable trade routes. While opportunities for growth still […]
Parliamentary Group Explores Economic Prospects for Sri Lanka
On March 23, 2026, the All-Party Parliamentary Group (APPG) focused on Sri Lanka convened an informal briefing at the UK Parliament to examine the nation’s […]
Oil prices dip 1% following report of Trump’s willingness to reconsider campaign strategies regarding Iran.
Oil prices experienced a decline during Asian trading on Tuesday, reversing previous gains, after reports surfaced that U.S. President Donald Trump has expressed a willingness […]