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Secondary market stalls ahead of policy decision

Sri Lanka, Jan. 28 -- The secondary market was brought to a standstill yesterday as investors embraced a wait and see approach given the impending policy decision today and the bond auction that is se... Read More


Indices close in green

Sri Lanka, Jan. 28 -- The ASPI edged up as a result of price gains in counters such as John Keells Holdings, Hayleys and Colombo Dockyard with the turnover crossing Rs. 5.2 bn. Meanwhile, the S&P SL... Read More


Tess Agro to raise Rs. 250mn via debentures and warrants for debt restructuring

Sri Lanka, Jan. 28 -- Tess Agro PLC has announced plans to raise Rs. 250 million through a debenture issue coupled with warrants, signalling a strategic move to restructure its balance sheet and fund ... Read More


Sampath Bank secures Central Bank nod for wealth management subsidiary

Sri Lanka, Jan. 28 -- Sampath Bank PLC announced that it has received approval from the Central Bank of Sri Lanka to enter the wealth management business through a wholly owned subsidiary. In a form... Read More


Tourist arrivals swell over 9% in first three weeks of January as sector shakes off Ditwah impact

Sri Lanka, Jan. 28 -- Sri Lanka's tourism industry has recorded a robust start to 2026, welcoming 194,553 international visitors during the first 22 days of January. This performance represents a 9.7 ... Read More


New study flags US$ 1.6bn export shock despite government trade talk optimism

Sri Lanka, Jan. 28 -- A new study has sounded the alarm on Sri Lankas export prospects, revealing that the country faces a potential loss of US$ 1.62 billion in exports to the United States in 2026 du... Read More


Sri Lanka mulls social media restrictions for minors

Sri Lanka, Jan. 28 -- As outrage grows over explicit school-related content spreading unchecked online, the Government is now considering restricting social media access for underage children, raising... Read More


Govt. to adopt regulation process if media, social media do not self-regulate

Sri Lanka, Jan. 28 -- Claiming that the attention of the government has been drawn to the circulation of videos on social media, involving a leading school in Colombo, Cabinet Spokesman Minister Nalin... Read More


Sri Lanka to seek leniency from EU for GSP+

Sri Lanka, Jan. 28 -- Given the impact of cyclone Ditwah, which caused US $ 4.1 billion damage, Sri Lanka is to seek redress from the European Union in its evaluation of the country's eligibility for ... Read More


"Ship might have sailed" - Joe Root on T20I future

Sri Lanka, Jan. 28 -- In a commanding display of experience and skill, Joe Root guided England to a decisive victory in the 3rd ODI against Sri Lanka, securing the series win. The veteran batter, who ... Read More