In association with Street Development Authority Google Map A and B have updated road maps. Google Maps has commenced updating information pertaining Sri Lanka’s road network covering around 12,000 kilometers, Minister of Transport Bimal Ratnayake has stated. The initiative introduces six types of condition alerts, including lane closures and construction notices, to help travelers plan…
Daily contributions are being made to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to provide relief to those affected by cyclone Ditwah. Yesterday (09), several companies handed over financial donations to the Secretary to the President, Dr Nandika Sanath Kumanayake, at the Presidential Secretariat. Accordingly, Rs. 100 million from Mr Thissa Ilapperuma Chairman of Naturub…
Reuters – What is expected to be one of the most ructious Federal Reserve policy meetings in years this week could well prove to be the road test for financial markets on how U.S. monetary policy debates will shape up in 2026. Heading into the two-day meeting that began on Tuesday, markets are pricing in…
As Sri Lanka experiences one of the worst flood situations recorded in its history, which has crippled national infrastructure and forced operations to suspend at the Port of Colombo, Hambantota International Port (HIP) has remained fully operational, reinforcing its strategic importance as the country’s second major commercial hub. Although Hambantota also faced heavy rains, it…
The Colombo Stock Market recorded a strong performance today (09), with the All Share Price Index (ASPI) crossing the 22,000 mark once again, after having previously surpassed the level before pulling back. The ASPI rose by 439.46 points, or 2.04%, to close at 22,034.32. The S&P SL20 also advanced, gaining 77.47 points (1.31%) to end…
The Government of Sri Lanka has arranged a loan of USD 30 million from the International Development Association (IDA) of the World Bank Group to finance the implementation of the Secure, Affordable, and Sustainable Energy for Sri Lanka Project. The Financing Agreement for this operation was signed on December 03, 2025, by Dr. Harshana Suriyapperuma,…
Reuters – Sri Lanka’s fragile economic recovery will be delayed as Cyclone Ditwah’s devastation of homes, roads and vital crops pushes more families into poverty, with officials warning the bill to rebuild could soar to $7 billion. The worst economic crisis in decades, which peaked in 2022, had already doubled Sri Lanka’s poverty rate to…
The Export Development Board (EDB) of Sri Lanka is set to organize the country’s largest-ever Business-to-Business (B2B) pavilion at the prestigious Gulfood International Trade Fair 2026, scheduled to take place from January 26-30, 2026, in Dubai, UAE. A special media briefing was held today at the Export Development Board (EDB), presided over by Mr. Mangala…
The Securities and Exchange Commission of Sri Lanka (SEC) has issued a public alert stating that “Gladius South Asia” is not licensed to operate as a market participant either within Sri Lanka or overseas. In its announcement, the SEC clarified that it does not regulate or grant licenses for entities operating in foreign jurisdictions, countering…
Reuters – Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. Netflix had emerged victorious on Friday from a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity…
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