As a government, we are first and foremost committed to ensuring good governance – President A special discussion on Sri Lanka’s Third Mutual Evaluation concerning international standards on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) was held Tuesday (03) at the Presidential Secretariat, under the patronage of President Anura Kumara Dissanayake. The President…
Reuters – Asian stocks were on shaky ground on Wednesday, following steep losses in U.S. and European equities on fears that advancements in artificial intelligence could supplant traditional software. Oil prices climbed after the U.S. shot down an Iranian drone and armed boats approached a U.S.-flagged vessel in a key waterway, while precious metals found a firmer…
A Sri Lanka delegation headed by the Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeyasinghe, held a productive discussion with senior officials of the Saudi Public Investment Fund (PIF) at the PIF Headquarters in Riyadh on 25 January 2026. During the meeting, Minister Abeyasinghe made a detailed presentation highlighting Sri Lanka’s competitive advantages and…
Sri Lanka Embassy in Belgium in collaboration with the Sri Lanka Tourism Promotion Bureau has facilitated a special edition of Belgian wildlife documentary Le Jardin Extraordinaire (the Extraordinary Garden) to be filmed in Sri Lanka, with the objective of showcasing the island’s rich biodiversity, unique ecosystems, and exceptional natural beauty to the millions of viewers…
Car door handles will need to have both interior and exterior mechanical releases, and Chinese car models already approved for launch will have an additional two years to achieve compliance. CNA: China will ban hidden door handles on cars sold in the country from next year, phasing out the minimalist design popularised by Tesla over…
Reuters – Indian shares surged on Tuesday, with the benchmark Nifty coming within 50 points of record-high levels, led by Reliance and export-oriented stocks after the India–U.S. trade deal removed a key market overhang. Both the benchmarks rose about 5% at the open, logging their biggest intra-day jump in five years. The Nifty 50, opens…
The Ministry of Finance, Planning and Economic Development has announced the formal establishment of the Tax Policy Analysis Unit (TPAU) under the Department of Fiscal Policy. The TPAU’s core functions include revenue analysis; economic and distributional analysis of tax policies; evaluation of tax expenditures; engagement with key stakeholders; and analysis and support relating to international…
Reuters – U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers. Trump announced the deal on social media following a call with Indian Prime Minister Narendra Modi, noting that…
Reuters – Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by 2030, Qatar Energy CEO Saad al-Kaabi said on Monday. LNG coming online between 2026 and 2029 has raised concerns of…
The Colombo Stock Exchange (CSE) experienced a significant downturn on the first trading day (02) of February, with major indices closing lower amid moderate activity. The benchmark All Share Price Index (ASPI) declined by 130.63 points, or approximately 0.55%, to close at 23,681.68. Similarly, the S&P SL20 Index, which tracks the top 20 companies by…
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