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Tuesday, August 11, 2026

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Category: Top Stories

The most important and widely read stories of the day, selected for their relevance, impact, and public interest.

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Ways and Means Committee Highlights Urgent Need for Overhauling Tax Administration and Embracing Digital Solutions
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Ways and Means Committee Highlights Urgent Need for Overhauling Tax Administration and Embracing Digital Solutions

  • Sienna De Silva
  • August 11, 2026
  • 0

The Committee on Ways and Means has underscored the necessity of leveraging digital technology, expanding the tax base, and enhancing institutional capabilities to improve the […]

India and Sri Lanka Assess Major Energy Initiatives and Reinforce Their Commitment to Enhancing Energy Collaboration
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India and Sri Lanka Assess Major Energy Initiatives and Reinforce Their Commitment to Enhancing Energy Collaboration

  • Sienna De Silva
  • August 11, 2026
  • 0

On Friday, India and Sri Lanka held discussions in New Delhi to evaluate their collaborative efforts in the energy sector. The Indian delegation was headed […]

EthicalX Unveils Its 2026 Program Participants
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EthicalX Unveils Its 2026 Program Participants

  • Sienna De Silva
  • August 11, 2026
  • 0

EthicalX: Climate & Innovation Hub, a global initiative spearheaded by Clima Trust and SLYCAN Trust, has announced the opening of applications for its 2026 cohort […]

Sunshine Holdings Achieves Impressive 16.6% Year-on-Year Revenue Increase in First Quarter of FY27
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Sunshine Holdings Achieves Impressive 16.6% Year-on-Year Revenue Increase in First Quarter of FY27

  • Sienna De Silva
  • August 11, 2026
  • 0

Sunshine Holdings PLC (CSE: SUN), a diversified conglomerate in Sri Lanka, reported a consolidated revenue of LKR 18.5 billion for the first quarter of the […]

Sri Lanka’s inaugural annual report on the Women Entrepreneurs Finance Code showcases advancements in financial access and the expansion of female-led businesses.
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Sri Lanka’s inaugural annual report on the Women Entrepreneurs Finance Code showcases advancements in financial access and the expansion of female-led businesses.

  • Sienna De Silva
  • August 11, 2026
  • 0

As Sri Lanka continues its journey toward economic recovery and sustainable development, enhancing financial access for women entrepreneurs is pivotal for fostering an inclusive economy. […]

Oil prices climb while Asian markets show mixed performance in light of US-Iran tensions.
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Oil prices climb while Asian markets show mixed performance in light of US-Iran tensions.

  • Sienna De Silva
  • August 11, 2026
  • 0

Oil prices experienced an increase on Tuesday as discussions between the United States and Iran regarding a potential peace agreement and the reopening of the […]

Justice – But Not the Gallows
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Justice – But Not the Gallows

  • Faraz Shauketaly
  • August 11, 2026
  • 0

Cardinal Ranjith’s opposition to capital punishment following the Easter Sunday verdicts raises a difficult question: how should a State punish those held responsible for catastrophic […]

Sri Lanka: The Emerging Hub for Tomorrow’s Global Enterprises
  • Analysis
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Sri Lanka: The Emerging Hub for Tomorrow’s Global Enterprises

  • Sienna De Silva
  • August 10, 2026
  • 0

By Haridhu Abeygoonaratne, Managing Director/COO – SimCentric /Vice Chair – SLASSCOM At first glance, it may seem surprising that a firm specializing in cutting-edge military […]

NBIA Returns: Revitalized, Reunited, and Poised for Leadership
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NBIA Returns: Revitalized, Reunited, and Poised for Leadership

  • Sienna De Silva
  • August 10, 2026
  • 0

The National Biotechnology Industry Association (NBIA) has announced its re-establishment and the revival of its operations through a newly formed Council and Committee, signaling a […]

Economic optimism rises slightly as prudence remains a key factor in future projections.
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Economic optimism rises slightly as prudence remains a key factor in future projections.

  • Sienna De Silva
  • August 10, 2026
  • 0

The Economy: Cautious Optimism Persists In July, corporate sentiment regarding the economy saw a modest uptick, bolstered by more favorable business expectations for the upcoming […]

NCE Celebrates Sri Lanka’s Achievement of $10 Billion in Exports
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NCE Celebrates Sri Lanka’s Achievement of $10 Billion in Exports

  • Sienna De Silva
  • August 10, 2026
  • 0

The National Chamber of Exporters of Sri Lanka (NCE) has extended its congratulations to the nation’s export sector for reaching a remarkable achievement, with export […]

Digital Nomads: Has Sri Lanka Set the Bar Too Low? USD 22/Day
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Digital Nomads: Has Sri Lanka Set the Bar Too Low? USD 22/Day

  • Faraz Shauketaly
  • August 10, 2026
  • 0

“All the Twos – 22” but its not Bingo! Former Deputy Tourism Minister Faizer Musthapha questions whether a visa that can translate into a qualifying […]

SriLankan Airlines Restarts Service to Kuwait
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SriLankan Airlines Restarts Service to Kuwait

  • Sienna De Silva
  • August 8, 2026
  • 0

SriLankan Airlines has reinstated its flight operations between Colombo and Kuwait, marking the return of air travel between these locations with a new service that […]

Colombo’s International Kite Festival by Derana Soars into the Skies
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Colombo’s International Kite Festival by Derana Soars into the Skies

  • Sienna De Silva
  • August 8, 2026
  • 0

The Derana Colombo International Kite Festival has emerged as one of Sri Lanka’s premier cultural and tourism events, uniting individuals from various corners of the […]

Oh No, Prison Unrest: A Concerted Effort? Or What?
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Oh No, Prison Unrest: A Concerted Effort? Or What?

  • Faraz Shauketaly
  • August 8, 2026
  • 0

Disturbances across several prisons turn an institutional crisis into a national security question –  and the Government itself is now asking whether coincidence can still […]

Sri Lanka’s official reserves increase by 2.1%, reaching USD 6.59 billion in July.
  • Latest News
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Sri Lanka’s official reserves increase by 2.1%, reaching USD 6.59 billion in July.

  • Sienna De Silva
  • August 7, 2026
  • 0

In July 2026, Sri Lanka experienced a significant rebound in its official reserve assets, which increased by USD 133 million, as reported by the Central […]

Sri Lanka and Oman Strengthen Strategic Alliance by Collaborating in Trade, Digital Innovation, and AI Development
  • Latest News
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Sri Lanka and Oman Strengthen Strategic Alliance by Collaborating in Trade, Digital Innovation, and AI Development

  • Sienna De Silva
  • August 7, 2026
  • 0

The Fourth Round of Bilateral Consultations between the Foreign Affairs Ministries of Sri Lanka and Oman took place in Muscat on August 3, 2026. This […]

Asahi Dyes and Chemicals: A Fusion of Japanese Sustainable Tech and Italian Innovation
  • Latest News
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Asahi Dyes and Chemicals: A Fusion of Japanese Sustainable Tech and Italian Innovation

  • Sienna De Silva
  • August 7, 2026
  • 0

The high-value manufacturing and export sector in Sri Lanka received a significant enhancement today with the inauguration of a cutting-edge facility by Asahi Dyes and […]

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