Reuters – Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. The agreement is a strong sign that the…
Sri Lanka recorded a major milestone in innovation and industrial engineering as Rohan De Lanerolle Snr (80) was honoured with five prestigious awards at the Asia Awards 2026, held in India, marking one of the most significant international recognitions received by a Sri Lankan inventor in recent years. At the same ceremony, C2S.LK, a Sri…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has committed LKR 420 million in support of the Government’s Rebuilding Sri Lanka initiative, aimed at accelerating recovery in the aftermath of Cyclone Ditwah. The commitment will support critical recovery efforts across healthcare and education benefiting communities in affected regions. These include the restoration and upgrading of…
The Colombo Stock Exchange (CSE) recorded a notable rise in its market indices today (06), extending its upward momentum for the ninth consecutive trading session. The All Share Price Index (ASPI) posted a significant gain of 278.16 points during the day, reflecting a 1.21 percent increase compared to the previous trading session. Accordingly, the ASPI…
Singapore Airlines will commence three daytime flight services between Colombo and Singapore from 6 January 2026, further expanding connectivity between Sri Lanka and the airline’s global network. The new daytime service will operate on Tuesdays, Thursdays, and Sundays, strengthening the airline’s existing flight schedule and offering customers greater flexibility and choice when travelling between the…
Shares of WealthTrust Securities Limited (“WTS”), following the successful completion of its Initial Public Offering (IPO), are set to begin trading tomorrow on the Colombo Stock Exchange (CSE) Diri Savi Board under the ticker symbol “WLTH-N-0000”. The IPO, which opened for subscription on 17 December 2025, offered 71,548,244 Ordinary Voting Shares at an issue price…
Reuters – Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow Jones Industrial Average, opens new tab hit an all-time peak. U.S. big oil got a boost from the country’s military raid at the weekend that captured Venezuelan President Nicolas…
• Development Goals Must Be Achieved Through Effective Management Despite Limited Funds – President President Anura Kumara Dissanayake stated that, within the prevailing financial constraints, budgetary allocations for 2026 have been made by identifying national priorities and emphasized that it is the responsibility of all Ministry Secretaries and public officials to utilize these funds with…
Reuters – Sri Lanka is targeting 3 million tourist arrivals in 2026, a top official said on Monday, after a record 2.36 million last year, as the country seeks to boost revenue and support recovery from Cyclone Ditwah. Famous for its pristine beaches, ancient temples and Ceylon Tea, tourism is Sri Lanka’s second-largest foreign exchange earner…
The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months, with effect from 4.30 p.m. today (05 January 2026). The decision has been taken in terms of the Regulations made under…
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