Agoda’s Top Picks for Thrilling Jungle Safari Adventures in Asia Digital travel platform Agoda has identified a selection of jungle safari destinations across Asia, where diverse wildlife and breathtaking landscapes await. With a growing interest in nature-based travel, jungle safaris offer unique opportunities to explore the rich biodiversity and natural beauty of Asia’s forests and national…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, recorded a value of 70.3 in February 2026. This indicates continued expansion in construction activities, albeit at a slower pace compared to the significantly higher level observed in the previous month. Most firms reported favourable industry conditions…
Reuters – Gold prices reversed course to slip more than 1% on Thursday, snapping a four-day winning streak, after U.S. President Donald Trump said the United States would continue the war in Iran over the coming weeks. Spot gold fell 1.3% at $4,694.48 per ounce by 0202 GMT, while U.S. gold futures slid 1.9% to…
Reuters – Markets recoiled on Thursday as war jitters over Iran deepened, with stocks sliding, oil surging and the dollar firming after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end. Trump said in a prime-time address that the U.S. would hit Iran “extremely hard” within weeks, claiming…
Liberty Lands & Developments (LLD) has acquired the remaining shares of Scope Cinemas, securing full ownership of the cinema chain as part of its broader group restructuring and long-term strategic direction. The acquisition marks a significant step in LLD’s efforts to consolidate its entertainment portfolio and strengthen its commitment to delivering world-class cinema experiences, while…
Unilever PLC (“Unilever”) and McCormick & Company, Inc. (“McCormick”) today announced that they have entered into an agreement to combine Unilever’s Foods business[a] (“Unilever Foods”) with McCormick. The combination will create a scaled, global flavour powerhouse, bringing together two industry-leading, culturally-aligned foods businesses with strong momentum, superior top line growth and enhanced value creation. The combined…
The Colombo Consumer Price Index (CCPI, 2021=100)[1] based headline inflation (year-on-year, Y-o-Y) accelerated in March 2026. Accordingly, headline inflation (Y-o-Y) was recorded at 2.2% in March 2026 compared to 1.6% in February 2026. Food inflation (Y-o-Y) accelerated to 0.7% in March 2026 from 0.2% in February 2026. Meanwhile, Non-Food inflation (Y-o-Y) accelerated to 2.9% in…
The Ceylon Chamber of Commerce, through its Tax Steering Committee, has actively engaged with stakeholders on the proposed Inland Revenue (Amendment) Bill of 2026, recognising its potential implications for businesses and the broader economy. While acknowledging the importance of updating the tax framework, the Chamber’s efforts have focused on assessing the impact of the proposed…
Sri Lanka’s exporters are adjusting to a different kind of global environment. Costs are less predictable, currencies are moving faster, and trade routes are no longer as stable as they once were. Growth remains on the table, but it is now accompanied by more questions than before. These realities came into sharper focus at the…
On 23 March 2026, the All-Party Parliamentary Group (APPG) on Sri Lanka held an informal briefing session in the UK Parliament to discuss Sri Lanka’s economic outlook and UK-Sri Lanka relations. The objective of the event was to discuss analytical reports on debt distress and economic transformation in Sri Lanka by ODI Global – a…
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