• Development Goals Must Be Achieved Through Effective Management Despite Limited Funds – President President Anura Kumara Dissanayake stated that, within the prevailing financial constraints, budgetary allocations for 2026 have been made by identifying national priorities and emphasized that it is the responsibility of all Ministry Secretaries and public officials to utilize these funds with…
Reuters – Sri Lanka is targeting 3 million tourist arrivals in 2026, a top official said on Monday, after a record 2.36 million last year, as the country seeks to boost revenue and support recovery from Cyclone Ditwah. Famous for its pristine beaches, ancient temples and Ceylon Tea, tourism is Sri Lanka’s second-largest foreign exchange earner…
The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months, with effect from 4.30 p.m. today (05 January 2026). The decision has been taken in terms of the Regulations made under…
HelaGo, Sri Lanka’s newest locally-built ride booking platform, was officially launched today at Waters Edge, Colombo, in the presence of over 200 HelaGo drivers. The launch marked the beginning of a new era in fair ride-hailing, introducing an innovative operating model built on fairness, transparency, and choice for both passengers and drivers. HelaGo enters the…
The Colombo Stock Exchange (CSE) ended trading on Monday (05) on a strong note, with the All Share Price Index (ASPI) once again closing above the key 23,000-point level. The ASPI had last crossed the 23,000-point threshold on November 20, 2025. Prior to that, the market recorded its all-time high on November 12, 2025, when…
Sri Lanka has recorded its highest-ever annual tourist arrivals in 2025, surpassing the previous record set in 2018, according to the Sri Lanka Tourism Development Authority (SLTDA). A total of 2,362,521 tourists visited the country during 2025, breaking the 2018 record of 2,333,796 arrivals, which had stood as the highest in the nation’s tourism history….
Deloitte Sri Lanka advised D P Logistics (Private) Limited, the logistics cluster of the David Pieris Group of Companies, on its strategic acquisition of Logicare (Private) Limited from Ceylon Tea Brokers PLC. According to disclosures made to the Colombo Stock Exchange, the transaction, valued at LKR 1.3 billion was made up of an LKR 635.3…
SLPA Terminals and CMA CGM recently signed a Terminal Service Agreement aimed at enhancing business collaboration and attracting greater container volumes to the Port of Colombo. The signing ceremony was attended by senior officials from both organisations, including Admiral Sirimewan Ranasinghe (Rtd), Chairman of the Sri Lanka Ports Authority, Eng. Ganaka Hemachandra, Managing Director, and…
The UK government has officially introduced a sweeping ban on junk food advertising aimed at protecting children from excessive exposure to unhealthy food and drink marketing, as part of a broader strategy to tackle childhood obesity and improve public health. Under the new regulations, adverts for less healthy food and drinks will be prohibited on…
Commits funds for complete revamp of Disaster Management Centre’s National RiskInfo Spatial Data Portal Under its ‘Rebuild Together’ initiative, a national effort launched following Cyclone Ditwah to aid recovery and reduce future disaster risks, the Commercial Bank of Ceylon has stepped forward to strengthen the country’s disaster preparedness and risk management capabilities by funding the complete…
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