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Rubber market faces price declines and lower auction supply in January

Sri Lanka, March 5 -- Sri Lanka's rubber market experienced a price decline in January, with a notable reduction in the quantity offered at the public auction, according to the latest report from Forb... Read More


Strong 4Q for Sri Lanka's listed companies as profits climb 19%

Sri Lanka, March 5 -- Sri Lanka's listed corporates wrapped up another quarter of blowout profits in the forgoing December quarter last year with the earnings rising by 19 percent from the same period... Read More


CPC to develop 24 oil tanks in Trincomalee

Sri Lanka, March 5 -- The Ceylon Petroleum Corporation (CPC) is set to commence the development of 24 oil tanks at the Upper Tank Yard in Trincomalee, marking a continuation of a long running plan to ... Read More


People's Bank achieves record profit in 2024

Sri Lanka, March 5 -- People's Bank for the year ended 31 December 2024 reported a total consolidated operating income of Rs. 145.1 billion and post-tax profit of Rs. 28.8 billion, reflecting a growth... Read More


February 2025 tea sales show decline

Sri Lanka, March 5 -- Sri Lanka's national tea sales recorded a decline in February 2025, with the average price per kilogram dropping to Rs. 1,168.93 (US$ 3.96). This represents a Rs. 16.50 (US$ 0.07... Read More


SLSEA to construct 100 MW Solar Power Garden in Monaragala district

Sri Lanka, March 5 -- In a significant step toward expanding renewable energy production, the government has set up plans to establish a 100 MW Solar Power Garden in the Uva province. The energy proj... Read More


Strengthen reforms, IMF tells SL ahead of fourth review

Sri Lanka, March 5 -- The International Monetary Fund (IMF) will closely monitor Sri Lanka's fiscal and structural reforms ahead of the fourth review, following the successful completion of the third ... Read More


AIESEC in University of Moratuwa Empowers Future Leaders at LEAD CS 11.0

Sri Lanka, March 5 -- 'AIESEC (Association Internationale des Etudiants en Sciences Economiques et Commerciales)', in University of Moratuwa successfully concluded its 11th consecutive 'LEAD CS (Leade... Read More


A Bold Look at Marriage and Gender: Love and Women by Nanda Pethiyagoda

Sri Lanka, March 5 -- Divided into three sections-Never Married, Married But..., and Happily Married- The Compiling Editor Pethiyagoda explores love, passion, blending Eastern wisdom, quoting Lao Tzu ... Read More


189th birth anniversary of Charles Henry de Soysa marked at De Soysa circus

Sri Lanka, March 5 -- On March 3, the 189th birth anniversary of Charles Henry de Soysa was commemorated, honouring the legacy of a man, who dedicated his life to philanthropy. The two principals of t... Read More