The Ministerial Consultative Committee on Transport, Highways and Urban Development approved two Extraordinary Gazette Notifications issued under the Motor Traffic Act (Chapter 203). Accordingly, approval was granted for the Regulations relating to the revision of fees for driving licences published in Extraordinary Gazette No. 2463/04, and for the Regulations relating to the extension of the…
The future development and positioning of Mattala Rajapaksa International Airport is being pursued through a joint marketing and operational strategy aimed at attracting more airlines and strengthening its role as a tourism gateway, according to Buddhika Hewawasam, Chairman of the Sri Lanka Tourism. Speaking at a media briefing yesterday (19), Hewawasam said the absence of…
Consulate General of Sri Lanka, in association with the Pudong Shangri-La Shanghai, successfully concluded the first Sri Lankan Food Festival held from 9 to 13 February 2026, on the sidelines of the celebrations to commemorate the 78th Anniversary of the National Independence Day of Sri Lanka. Ambassador of Sri Lanka to China, Majintha Jayesinghe, together with…
The stock market closed lower for the second consecutive day today (20), with both indices at the Colombo Stock Exchange recording losses. The All Share Price Index (ASPI) dropped 96.43 points, while the S&P SL20 Index fell 21.72 points. At the close of trading, the ASPI stood at 23,773.64, and the S&P SL20 at 6,721.47….
President Anura Kumara Dissanayake, who is in New Delhi to attend the AI Impact 2026 Summit, met Indian Prime Minister Narendra Modi today (20) at Hyderabad House in New Delhi. The Indian Prime Minister extended a warm welcome to President Anura Kumara Dissanayake and expressed his appreciation for accepting the invitation to participate in the…
Sampath Group’s Total Asset Base Surpassed Rs 2 Tn Financial Performance The Sampath Group achieved its highest financial performance in its history, recording a PBT of Rs 53.0 Bn and a PAT of Rs 32.6 Bn, reflecting year-on-year growth of 8% and 13%, respectively. Meanwhile, the Group’s total asset base surpassed Rs 2 Tn in…
On 25 February, over 200 C-suite executives, policymakers, and international partners gather at Cinnamon Grand Colombo to forge a practical agenda for reform, resilience, and growth — with Sri Lanka’s economic future squarely in focus. Sri Lanka has emerged from one of the most severe economic crises in its modern history and continues to face…
Outstanding balances on credit cards issued by licensed commercial banks in Sri Lanka rose to Rs. 175,712 million by the end of December 2025, according to the latest data released by the Central Bank of Sri Lanka. This marks an increase from Rs. 157,957 million recorded at end-December 2024, reflecting a rise of Rs. 17,755…
The Central Bank of Sri Lanka hosted Dr. Alfred Hannig, CEO of the Alliance for Financial Inclusion (AFI), during his visit to Sri Lanka on 19 February 2026. During discussions with Governor Dr. Nandalal Weerasinghe and senior officials, Dr. Hannig commended the progress achieved under Sri Lanka’s National Financial Inclusion Strategy (NFIS) and the Central…
Reuters – Stocks fell in Asia on Friday, the dollar headed for its largest weekly gain in four months and oil prices were rising as a U.S. military build up in the Middle East and a rout in private equity stocks sent ripples of nerves across markets. Japan’s Nikkei, opens new tab dropped 1%. Hong…
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