The Colombo Stock Exchange (CSE) announces the rebalancing of the All Share Price Index (ASPI) for the 2nd Quarter of 2026. The announced rebalancing will be effective from the market opening of 22nd June 2026 (after the market close of 19th June 2026). What is Quarterly Rebalancing? The ASPI was originally calculated based on full…
The Sri Lanka Tourism Promotion Bureau (SLTPB) successfully participated in the 6th Let’s Travel International Tourism Forum (ITF) 2026, held from 10–14 June at the VDNH Exhibition Complex in Moscow, the largest outdoor exhibition venue in the city. Hon. Deputy Minister of Tourism Prof. Ruwan Ranasinghe, SLTPB Deputy Managing Director Mr. Chamila Jayarathna, and Assistant…
Oilprice.com – Oil prices began to climb once again in early Asian trade on Friday due to uncertainty over the outcome of peace talks between the United States and Iran after Switzerland confirmed the talks had been postponed. At the time of writing, Brent crude had climbed back above $80 per barrel while West Texas Intermediate had risen to…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has strengthened its Enterprise Risk Management (ERM) governance through independent validation against ISO 31000:2018 principles by Quality Austria Central Asia Private Limited. This achievement reaffirms Dialog’s commitment to resilient, transparent and responsible business practices while supporting sustainable growth, stakeholder confidence and globally aligned risk management across its…
Reuters – Oil prices fell on Friday (19) as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the United States and Iran. By 0328 GMT, Brent crude futures fell 43 cents, or 0.54%, to $79.42 a barrel and U.S. West Texas Intermediate…
Sri Lanka strengthened its presence in the international food and beverage sector through its successful participation at THAIFEX – Anuga Asia 2026, one of Asia’s largest and most influential food and beverage trade exhibitions, held from 26th to 30th May 2026 in Bangkok, Thailand. The participation was organized by the Sri Lanka Export Development Board…
In a significant move to strengthen the monitoring of foreign exchange outflows, the Minister of Finance, Planning and Economic Development, Anura Kumara Dissanayake, has issued new regulations under the Imports and Exports (Control) Act. The “Imports and Exports (Control) Regulations No. 06 of 2026” introduce stricter requirements for commercial banks and importers regarding outward remittances….
A discussion on the modernisation initiatives required within Sri Lanka Customs and measures to encourage exporters in support of implementing the National Export Development Plan (NEDP) 2026–2030 was held Wednesday (17) at the Presidential Secretariat under the patronage of Secretary to the President, Dr. Nandika Sanath Kumanayake. The meeting, organised by the Revenue Administration Reform…
SLT‑MOBITEL, in collaboration with the Ministry of Foreign Affairs, Foreign Employment, & Tourism, has officially launched the Lankakonect mobile application. Unveiled recently at Cinnamon Lakeside Colombo, the app represents a significant breakthrough in the nation’s digital transformation journey. Acting as a complaint management platform for Sri Lankans living and working abroad, the Lankakonet app eases…
Softlogic Life Insurance PLC has officially announced its entry into the Bangladeshi insurance market through the acquisition of a majority stake in Diamond Life Insurance Company Limited. In a formal disclosure to the Colombo Stock Exchange, Softlogic Life confirmed it has signed a Share Purchase Agreement (SPA) to acquire 60% of the issued shares of…
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