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by Prof Ranjith Bandara, PhD (Qld) Emeritus Professor of Economics, University of Colombo The Department of Census and Statistics (CS Department) reports that Sri Lanka’s real GDP grew by 4.2 per cent in the second quarter of 2026, compared with 5.1 per cent in the first quarter. Although the economy continued to grow, the reported […]
ඛනිජතෙල් නිකුත් කිරීම සම්බන්ධයෙන් පැන නැගී ඇති ප්‍රශ්නය ඉදිරි දින දෙක ඇතුළත අවසන් වන බව බලශක්ති ඇමැති අනුර කරුණාතිලක මහතා ඊයේ පාර්ලිමේන්තුවේදී පැවසීය. පෞද්ගලික ඉන්ධන සමාගම් පසුගිය පෙබරවාරි මාසයට සාපේක්ෂව වෙළෙඳපොළට ඉන්ධන නිකුත් කිරීම අඩුකර ඇතැයි ද මේ නිසා ඛනිජතෙල් සංස්ථාවට අමතර බරක් දැරීමට සිදුව ඇතැයි ද ඇමැතිවරයා කීය. පවතින ගිවිසුම් අනුව ඉන්ධන නිකුත් කළ […]
HUTCH Sri Lanka reaffirms its position as a leading digital enabler in Sri Lanka’s telecommunications industry by securing five accoladesContinue Reading
PR Wire Sri Lanka has been named to PRovoke Media’s prestigious Global Top 300 Public Relations (PR) Agency Ranking, securingContinue Reading
Prime Minister Harini Amarasuriya announced that Sri Lanka's financial literacy has risen from 35% to 58% due to government measures, speaking at the Colombo Stock Exchange's 40th anniversary event where a stock market game initiative was launched.
Hambantota International Port (HIP) has exceeded one million TEUs in cumulative container throughput, bolstered by significant growth in 2025 and 2026 alongside its partnership with MSC. The port is undertaking a USD 108 million expansion program to enhance infrastructure and capacity, targeting an annual handling volume of two million TEUs. Record-breaking performance includes a single-vessel handling milestone by MSC Marie Leslie and a new highest-ever monthly throughput in June 2026.
The Sri Lankan Rupee remains steady against the US Dollar across commercial banks in Sri Lanka today (05), compared toContinue Reading
The International Monetary Fund has urged Sri Lanka to allow domestic fuel prices to move with international prices and maintainContinue Reading
Sri Lanka has reached a staff-level agreement with the International Monetary Fund (IMF) on the seventh review of its four-year Extended Fund Facility (EFF) programme, while also concluding discussions under the 2026 Article IV Consultation. ..
Sri Lanka spent USD 4,072.1 million on fuel imports during the first eight months of 2026, marking a 61.6% increase compared to the corresponding period last year, according to the Central Bank of Sri Lanka (CBSL). ..
By Zanita Careem Linen has evolved from a timeless natural fabric into a modern lifestyle statement, and Minha Akram founder of ‘Tropic of Linen,’ has made linen her signature brand. With her first store at Ward Place and its newest outlet at the Shoppers at Cinnamon Life, the brand continues to bring effortless, tropical elegance […]
Professor Upul Premarathne on offshore exploration By Zanita Careem Professor Upul Premarathne is a professor in Oceanography and Marine Geology at the University of Ruhuna, as well as a chartered geologist. He formerly served as a Petroleum Geologist in the Economic Research Department of the Central Bank of Sri Lanka. He holds a PhD in […]
Delays in approving maize imports could lead to higher chicken and egg prices during the upcoming festive season, the AllContinue Reading
Emirati airline flydubai said that it is suspending all of its flights from Dubai to Ben-Gurion Airport until further notice, at the ’’request of the authorities,’’ following an apparent attempt to crash an Israel-bound plane on Wednesday, foreign media reported. ..
Brazil and India aim to expand Mercosur trade pact for broader market access Milwaukee: Brazil and India are moving towardsContinue Reading
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Security forces have handed over 187.56 acres of former Sri Lanka Army-controlled land in Kankesanthurai, Jaffna, for civilian use. The Ministry of Defence stated the land will support the proposed Kankesanthurai Investment Zone and future economic development. Formal documents were transferred to the Jaffna District Secretary M. Pratheepan.
Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening reflecting strong investor interest. The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of 12.75% interest payable annually, while the five-year […]
Saturday 3rd October, 2026 Private fuel bowser owners were up in arms, yesterday, claiming that they were incurring huge losses because the Ceylon Petroleum Corporation (CPC) had not increased commissions for fuel distribution. Unless the CPC responded favourably to their demand for a substantial increase in commissions, they would be left with no alternative but […]
2026 වසරේ සැප්තැම්බර් 30 වන විට දේශීය ආදායම් දෙපාර්තමේන්තුව සිය ආදායම් රැස්කිරීම රු. ට්‍රිලියන 2 සීමාව ඉක්මවා යාමට සමත් වී ඇති බව පවසයි. ඒ අනුව, 2026 ජනවාරි 1 සිට සැප්තැම්බර් 30 දක්වා කාලය තුළ සමස්ත දෙපාර්තමේන්තු ආදායම රු. බිලියන 2,040ක් ලෙස වාර්තා වී ඇත. 2025 වසරේ එම කාලය තුළ වාර්තා වූ රු. බිලියන 1,642ක ආදායමට […]
The government has approved Rs. 95 billion in concessionary interest loans for 2026, marking the highest allocation of its kindContinue Reading
