Reuters – Oil prices extended declines on Tuesday, down by over $1 per barrel amid hopes for a resolution in the U.S.-Iran war which significantly disrupted global energy flows. Brent crude futures were down $1.47, or 1.66%, at $86.89 by 0326 GMT, their lowest since July 20. U.S. West Texas Intermediate crude was at $81.16…
SriLankan Airlines has strengthened its regional connectivity through a new interline agreement with Island Aviation Services, operating as Maldivian (Q2). This agreement enables SriLankan Airlines passengers to seamlessly access 17 popular domestic destinations across the Maldives. The arrangement is designed to enhance travel convenience by allowing passengers to book journeys involving both carriers under a…
Hambantota International Port Group (HIPG) has clarified its vehicle storage policy following recent media reports, noting that while the Port currently accommodates more than 50,000 vehicles (both transhipment and local imports), approximately 1278 are lying in the yard for over 03 months, and 581 vehicles have remained at the Port for more than one year….
Sri Lanka’s fintech sector has produced several companies that have transformed the way people communicate, transact and participate in the digital economy. However, according to entrepreneur and FinTech Forum Sri Lanka Board Director Dhanika Perera, the country’s next phase of growth will depend not only on successful companies, but on the strength of the ecosystem…
A discussion between the Minister of Labour and Deputy Minister of Finance and Planning, Dr Anil Jayantha Fernando, and the High Commissioner of India to Sri Lanka, Mr Santosh Jha, was held at the Presidential Secretariat this morning (27) to review issues affecting development projects being implemented in Sri Lanka with financial assistance from the…
The Colombo Stock Exchange (CSE) recorded a slight increase in its price indices today (27), with daily turnover successfully surpassing the Rs. 2 billion mark. This upward movement coincided with a significant drop in global fuel prices reported on July 27, following a temporary easing of military tensions in the Middle East. Market observers have…
Positioning Sri Lanka in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy The Ceylon Chamber of Commerce is pleased to announce that registrations are now open for the Sri Lanka Economic & Investment Summit 2026 (SLEIS 2026), taking place on 12th and 13th October at the Shangri-La Colombo. Held under the…
Central Depository Systems (Pvt) Limited (CDS), the wholly-owned subsidiary of the Colombo Stock Exchange, has announced a significant extension to the deadline for suspending accounts that lack mandatory key information. In a circular issued on July 24, 2026, the depository revealed that the final phase of account suspensions, which was originally set to take effect…
Sri Lanka has been recognized as one of the world’s fastest-improving sovereigns for investor relations and debt transparency, according to the 2026 IIF Investor Relations and Debt Transparency Report. The Institute of International Finance (IIF) ranked the country fourth among the largest global improvers, a significant milestone as the government works to rebuild international confidence…
Sri Lanka has been ranked among the world’s top beach travel destinations for 2026, securing the 20th position in the Travel And Tour World (TTW) Top 50 Beach Travel Destinations in the World ranking. The recognition highlights the country’s diverse coastal attractions, from golden sandy beaches and world-renowned surf breaks to rich marine life and…
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