Reuters – JP Morgan said late on Sunday it expects demand from central banks and investors to drive gold prices to $6,300 per ounce by year-end. Gold extended its fall on Monday to $4,677.17 per ounce, as of 0450 GMT, after falling more than 5% earlier in the session to hit its lowest in more…
The Sri Lanka–United Kingdom Chamber of Commerce in London (SLUKCC) in collaboration with the Sri Lanka High Commission in London (SLHC), hosted a panel discussion on the theme “Building Stronger Trade Bridges Between Sri Lanka and the United Kingdom”. The focus of the discussion was on enhancing bilateral trade and economic ties between Sri Lanka and…
Reuters – Asia’s factory activity expanded in January as solid global demand lifted export orders, private-sector surveys showed on Monday, offering policymakers some assurance the hit from higher U.S. tariffs has run its course for now. Japan and South Korea saw manufacturing activity grow at a multi-year pace as big markets like the U.S. sustained…
DIMO has successfully completed the design, supply, installation, and commissioning of a state-of-the-art floodlighting system at the Singhalese Sports Club (SSC), positioning it as Colombo’s second and the country’s fifth cricket venue capable of hosting international day–night matches. The SSC is also one of the three venues selected to host matches during the ICC Men’s…
Sri Lanka’s vehicle imports exceeded USD 2 billion in 2025, according to the External Sector performance data for December 2025 issued by the Central Bank of Sri Lanka (CBSL). Vehicle imports, including personal and commercial vehicles, amounted to USD 301 million in December 2025, bringing the total vehicle import bill for the year to USD…
In the recent years Sri Lankans saw some conflicting inside Cybercrime centres while seeking greener pastures in the jungles of Myanmar. Chinese nationals were largely blamed for running these centres. Eleven such gangsters were executed following a ruling by the Supreme People’s Court (SPC) of China for crimes including intentional homicide, intentional injury, illegal detention,…
Sri Lanka today marked 30 years since the terrorist attack on the Central Bank headquarters in Colombo, which claimed the lives of 41 Central Bank employees. A commemorative event was held at the Central Bank premises with the participation of Central Bank Governor Dr. Nandalal Weerasinghe and other officials. Floral tributes were laid at the…
The Colombo Stock Exchange recorded losses for the second consecutive trading day today (30), even as the market maintained a strong overall performance for January. The All Share Price Index (ASPI) declined by 88.58 points to close at 23,812.31, while the S&P SL20 Index fell by 14.51 points to 6,641.15. Despite the day’s downturn, the…
Fracspace, the global real estate and lifestyle development platform known for its disciplined, experience-driven approach to property creation, has formally announced its strategic entry into Sri Lanka through Altaira—its flagship international development and a considered step in the company’s global expansion journey. Recognised by Forbes India DGEMS 2024 as one of the top 100 fastest-growing…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased to 67.1 in December 2025. A majority of firms reported a notable expansion in construction activities during the reference period, despite initial operational disturbances caused by adverse weather conditions. The New Orders Index remained expanded in…
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