Sri Lanka’s overall inflation, measured by the National Consumer Price Index (NCPI), accelerated to 5.4% in May 2026 from 4.7% recorded in April, according to the latest data released by the Department of Census and Statistics. The 12-month moving average inflation also increased to 2.4% in May from 2.0% in the previous month. The All…
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Reuters – Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down. Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded and progress was made on a roadmap to…
The Export Development Board (EDB) recently convened a special meeting with key industry stakeholders to discuss the growing challenges confronting Sri Lanka’s coconut fiber export sector particularly the shortage of raw material that is disrupting production processes and driving up costs for manufacturers and exporters. Sri Lanka’s coconut coir and fiber-based product exports delivered a…
The Sri Lanka Tourism Development Authority (SLTDA) recently announced that 145,745 foreign tourists visited Sri Lanka in May 2026. This represents a 9.65% increase in arrivals compared to May 2025. According to the Ministry of Tourism, this is the highest number of tourist arrivals recorded for the month of May in the country’s history. However,…
An International Monetary Fund (IMF) country team is set to arrive in Sri Lanka for a staff visit scheduled from June 24 to 30. The mission, announced by IMF Mission Chief Evan Papageorgiou, aims to evaluate the nation’s ongoing economic recovery efforts. During the week-long visit, the IMF delegation plans to engage with government authorities…
FitsAir officially commenced direct operations between Colombo and Ahmedabad on 19th June 2026, becoming the only airline to offer non-stop flights between the two cities. Operating three times weekly, the new service strengthens connectivity between Sri Lanka and Western India while offering greater convenience for both leisure and business travellers. Ahmedabad, one of India’s leading…
LankaRates.com pulls fixed deposits, exchange rates, gold prices and more into a single website. You can compare them, see how they have changed over time, and check where every figure came from. It is free for anyone who wants to keep an eye on the numbers. Anyone who has tried to make a sensible decision…
The Colombo Stock Exchange (CSE) announces the rebalancing of the All Share Price Index (ASPI) for the 2nd Quarter of 2026. The announced rebalancing will be effective from the market opening of 22nd June 2026 (after the market close of 19th June 2026). What is Quarterly Rebalancing? The ASPI was originally calculated based on full…
The Sri Lanka Tourism Promotion Bureau (SLTPB) successfully participated in the 6th Let’s Travel International Tourism Forum (ITF) 2026, held from 10–14 June at the VDNH Exhibition Complex in Moscow, the largest outdoor exhibition venue in the city. Hon. Deputy Minister of Tourism Prof. Ruwan Ranasinghe, SLTPB Deputy Managing Director Mr. Chamila Jayarathna, and Assistant…
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