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Strengthening global trade partnerships for Sri Lanka Expo 2026

Sri Lanka is further strengthening its global trade partnerships in preparation for Sri Lanka Expo 2026, the country’s flagship international trade exhibition scheduled to be held from 18–21 June 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo. The event is organized by the Sri Lanka Export Development Board (EDB) in collaboration with the…

(0)Comments | March 11, 2026 10:21 am

ADB Chief commends Sri Lanka’s efforts to stabilise the economy during meeting with PM Harini

Prime Minister Dr. Harini Amarasuriya has held discussions with the President of the Asian Development Bank (ADB), Masato Kanda during her official visit to Manila. During the bilateral meeting, both factions reaffirmed the strong partnership between Sri Lanka and the Asian Development Bank, the Office of the Prime Minister stated. President Kanda commended Sri Lanka’s…

(0)Comments | March 11, 2026 9:21 am

Oil prices choppy as WSJ reports IEA eyes biggest oil release ever

Reuters – Oil prices seesawed on Wednesday after the Wall Street Journal ​reported the International Energy Agency has proposed the largest release of oil reserves in its history to offset supply disruptions ‌stemming from the war on Iran. Brent futures traded up 11 cents, or 0.13% higher, at $87.91 a barrel at 0129 GMT. U.S. West…

(0)Comments | March 11, 2026 8:46 am

Shares steady, oil turbulence deepens as Middle East war roils markets

Reuters – Shares steadied on Wednesday following a brief retreat in oil prices, but ​markets remained anxious as contradictory signals from the U.S.-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth. A ‌short-lived pullback in oil came after the Wall Street Journal reported that the International Energy Agency…

(0)Comments | March 11, 2026 8:42 am

Drug Trafficking Identified as Sri Lanka’s Biggest Money Laundering Threat

The Financial Intelligence Unit of Sri Lanka Releases the Executive Summary of the National Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing – 2024/25 Sri Lanka has successfully completed the National Risk Assessment (NRA) 2024/25 on Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF), in collaboration with a total of 86…

(0)Comments | March 10, 2026 6:50 pm

Millennium IT ESP Secures Rs. 2.2 Bn Oracle Exadata XIIM Project for Sri Lanka Customs

The Cabinet of Ministers has approved the awarding of a contract to Millennium IT ESP (Private) Limited to supply and install an Oracle Exadata X11M system and its related software for Sri Lanka Customs. The approval was granted based on a proposal submitted by President in his capacity as the Minister of Finance, Planning and…

(0)Comments | March 10, 2026 6:36 pm

Sri Lanka Sets Up Economic Surveillance Committee Amid Middle East Conflict

The Cabinet of Ministers has granted approval to the proposal to appoint a ‘Committee on Economic Surveillance’ to review potential economic impacts on Sri Lanka from the ongoing conflict in the Middle East. The proposal to establish the committee was presented by the President and received Cabinet approval. The committee will be chaired by Dr….

(0)Comments | March 10, 2026 5:20 pm

Minister Lalkantha Visits Ambewela Farms to review the Unprecedented Growth and donate 10 heifer cows worth 15 Million to selected farmers

Ambewela Dairy Farm, a household name for dairy goodness, and renowned for its state-of-the-art technology and commitment to advancing dairy production, recently welcomed Hon.Minister of Agriculture, Livestock, Land, and Irrigation Mr. K.D. Lalkantha and also the Hon Deputy Minister of Education and Higher Education Dr. Madhura Senevirathne.This special visit was made with the objective of…

(0)Comments | March 10, 2026 12:34 pm

Airlines start broader fare hikes on fuel price surge, shares stabilise

Reuters – Air New Zealand, opens new tab said on Tuesday it has raised all of its fares due to ​the Middle East conflict and may take further pricing action, underscoring how global airlines will seek to pass on the costs of higher oil prices ‌to passengers. Jet fuel prices, which were around $85 to…

(0)Comments | March 10, 2026 11:33 am

Aliya Beer Expands to Global Markets

DCSL Breweries Lanka (Pvt) Ltd is excited to announce the international launch of Aliya Beer, the latest beer brand to emerge from Sri Lanka. Following its successful reception in local markets, Aliya Beer is now set to make its mark in export markets, introducing the world to the true taste of Sri Lanka. Available in…

(0)Comments | March 10, 2026 10:46 am

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