The Colombo Stock Exchange’s benchmark index, the All Share Price Index (ASPI), reached the 24,000-point level for the first time in history today (23). The milestone was achieved during intraday trading, with the ASPI touching the 24,000 mark at around 1.20 p.m. Market analysts say the move reflects strong investor sentiment and sustained buying interest…
The Sri Lankan land market maintained solid growth in 2025, with Colombo suburbs and Western Province districts emerging as key drivers, according to the latest Land Price Index (LPI) 2025 (updated), published by LankaPropertyWeb (LPW). The 2025 index shows that Colombo 1–15 recorded a 4% year-on-year increase in average land prices per perch, reaching LKR…
Sri Lanka Showcases Tourism Potential at Vakantiebeurs Fair 2026 in the Netherlands The Sri Lanka Tourism Promotion Bureau (SLTPB), together with a delegation of 15 leading local travel and tourism companies, represented Sri Lanka at the internationally renowned Vakantiebeurs Fair 2026, which was held from 7th to 11th January 2026 in Utrecht, the Netherlands. Vakantiebeurs…
Former Treasury Secretary Mahinda Siriwardana met with President Anura Kumara Dissanayake at the Presidential Secretariat on Thursday (22) to discuss Sri Lanka’s economic outlook and strategies to strengthen national resilience and sustainable growth. Siriwardana, who retired as finance secretary in mid-2025 and now serves as an Alternate Executive Director at the Asian Development Bank (ADB),…
(The Bangladesh Monitor) – Outgoing Ambassador of Sri Lanka to Ethiopia, Theshantha Kumarasiri said discussions are ongoing with Ethiopian Airlines to begin direct flights between Addis Ababa and Colombo. An Ethiopian media report said, on January 14, the country’s president, Taye Atske Selassie, held a farewell meeting with Kumarasiri following the completion of his diplomatic tenure….
Gold prices surge to a record high above $4,900 due to geopolitical tension, weak dollar, and economic data. Goldman Sachs now targets $5,400 by year-end. Gold prices surged to a record $4,904.66/ounce on Jan 22, driven by geopolitical tensions, a weaker US dollar, and expectations that the US Federal Reserve will reduce interest rates. This…
BAJAJ, Sri Lanka’s most trusted three-wheeler brand, represented by David Pieris Motor Company (Private) Limited (DPMC), has announced the introduction of the BAJAJ Electric Three-Wheeler, marking a major milestone in the country’s transition towards sustainable and cost-effective mobility solutions. Increasing environmental concerns reshape Sri Lanka’s transport landscape, the BAJAJ Electric three wheeler is designed to…
A discussion on addressing challenges in Sri Lanka’s agriculture sector, as well as related environmental issues, under the Memorandum of Understanding on Enhancing China–Sri Lanka Agricultural Productivity, was held yesterday morning (22) at the Presidential Secretariat under the patronage of the Secretary to the President, Dr Nandika Sanath Kumanayake. During the discussion, extensive deliberations took…
(Reuters) – Hyundai Motor’s, opens new tab labour union in South Korea warned the automaker on Thursday against deploying humanoid robots without union approval, saying the robots would bring “employment shocks”. Hyundai’s plan to deploy humanoid robots starting in 2028 has sent its shares rallying to record highs, but it was not welcome news for…
Consolidates ownership to support long-term growth, marking major exit for BOV Capital Roar Global, a mar-tech venture builder that builds, acquires, and scales companies across platform ecosystems and AI, has completed a landmark share buyback of its early institutional investor, BOV Capital, marking a significant milestone in the group’s evolution. The transaction represents a major…
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