“I will resign if political stability is not achieved soon” CB Governor
Sri Lanka's Central Bank Governor Nandalal Weerasinghe says without political stability in the island, the bank’s steps towards the revival of the nation’s …
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Secretaries appointed to Ministries of Defence, Public Security and Finance
Three Secretaries have been appointed to the Ministries of Defence, Public Security and Finance from yesterday (10) to ensure the normalcy of the livelihood of …
Protests at the Naval Base in Trinco
A protest erupted outside the Trincomalee Naval Base as reports have said that former prime minister Mahinda Rajapaksa and some of his family members have …
IGP orders CID to probe attack on “Temple Trees and Galle Face Green”
The Inspector General Of Police has ordered the Criminal Investigations Department to immediately initiate investigations into the incident in which a group of …
Sri Lanka imposes curfew under Section 16 of Public Security Ordinance
Curfew has been imposed on the entire country from 7.00 pm Monday (09) to 7.00 am Tuesday (10) in accordance with the provisions of section 16 of the Public …
Sri Lanka PM steps down triggering cabinet resignations following month long protests
Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura …
How is an economic crisis affecting people?
People across Sri Lanka are struggling to get hold of daily essentials as the country faces its worst economic crisis in decades. Sri Lanka is mired in public …
SriLankan Airlines suspends flights to Moscow
SriLankan Airlines announces the suspension of operations between Sri Lanka and Moscow, Russia with effect from today due to operational restrictions that are …
LAN channels Rs.150Mn into tech startups: Currently evaluating 5-10 startups
Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups - Niftron, Magicbit, …
Indian External Affairs Minister calls on President
Indian External Affairs Minister Dr. S. Jaishankar who is on a three-day official visit to Sri Lanka called on President Gotabaya Rajapaksa Monday. Dr. …
Interview: Resilience, creativity and talent will make Sri Lankan apparel thrive globally
Sri Lanka’s apparel sector contributes 6% to the country’s GDP and accounts for almost half of all merchandise exports. The sector provides direct …
Will continuously support Sri Lanka’s development: ADB President
Asian Development Bank (ADB) President Masatsugu Asakawa and Sri Lanka President Gotabaya Rajapaksa met Thursday (10th) in Colombo and it was reaffirmed by the …
“Opposition calls on Govt for urgent dialogue with them,” MP Harsha
Opposition parliamentarians have urged President Gotabaya Rajapaksa to initiate a dialogue with them to better understand the current economic issues facing …
“Growing sense of insecurity among people despite years of development growth,” UN report
Global development progress does not automatically lead to a greater sense of security, according to a new United Nations Development Programme (UNDP) report …
Teejay Lanka 9-month revenue up 64-pct to Rs 36.1Bn
Improved demand from the region and enhanced capacity have helped Teejay Lanka PLC to post Group revenue of Rs 36.1 billion for the nine months ending 31st …
Eran Wickramaratne reveals SJB’s economic policies
Explaining the economic policy of the future SJB government, Eran Wickramaratne M.P. said that the SJB has already decided to allow the use of chemical …
Hemas Group revenue up by 21.9-pct over last year
Hemas Holdings PLC (HHL) recorded a Group revenue of Rs.57.7 billion, an increase of 20.5 percent over last year. The underlying cumulative operating profit of …
Sri Lanka’s INSEE Cement and IUCN partner to support biodiversity conservation
Siam City Cement Group (SCCC Group) and the International Union for Conservation of Nature (IUCN) extended their partnership for another three years by …
Hela Apparel Holdings prepares for upcoming IPO on 12th Jan
The initial public offering of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group) is set to open on the 12th of January 2022. The …
SriLankan Airlines reports a net Profit in December 2021
SriLankan Airlines reports a Company Profit of USD 9.25 million and a Group Profit of USD 10.66 million for December 2021, which is the first profitable month …