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SriLankan Airlines suspends flights to Lahore

Srilanka, May 8 -- In light of the escalating tensions between India and Pakistan, SriLankan Airlines has announced the immediate suspension of all flights to Lahore, Pakistan. In a statement issued ... Read More


Rajagiriya motor accident case: SC dismisses Champika's appeal

Srilanka, May 8 -- The Supreme Court today dismissed an appeal petition filed by former Parliamentarian Patali Champika Ranawaka in connection with the indictment filed over the Rajagiriya motor accid... Read More


FR petition filed to invalidate Sri Lanka-India MoUs

Srilanka, May 8 -- A Fundamental Rights petition has been filed before the Supreme Court, seeking an order to invalidate the Memoranda of Understanding (MoU) recently signed between Sri Lanka and Indi... Read More


World Bank Group President Ajay Banga arrives in Colombo today

Srilanka, May 7 -- First World Bank President to visit SL in 20 years World Bank (WB) Group President Ajay Banga touches down in Colombo today, marking the first visit by a WB chief in nearly two deca... Read More


Tea sales average drops in April

Srilanka, May 7 -- Sri Lanka's national tea sales average fell in April 2025, with the monthly average recorded at Rs. 1,166.75 (US$ 3.91), down by Rs. 17.01 (US$ 0.11) compared to Rs. 1,183.76 (US$ 4... Read More


Hayleys debenture issue oversubscribed on opening day

Sri Lanka, May 7 -- Hayleys PLC saw its Rs. 7 billion senior unsecured redeemable debenture issue oversubscribe on the first day of opening. Originally launched with a base issue of Rs. 5 billion, th... Read More


Browns Investments boosts plantation portfolio with Rs. 4.8 bn FLMC deal

Sri Lanka, May 7 -- Browns Investments PLC (BIL), the investment arm of Sri Lanka's LOLC Group has acquired FLMC Plantations (Pvt) Ltd in a Rs. 4.8 billion deal. The acquisition was finalised on 5 Ma... Read More


BoC to raise Rs. 15bn via debentures

Sri Lanka, May 7 -- Bank of Ceylon will raise Rs. 15 billion via five-year BASEL III compliant, Tier 2 listed, rated, unsecured, subordinated debentures with non-viability write down features. In a f... Read More


Indices edge up

Sri Lanka, May 7 -- The ASPI closed in green as a result of price gains in counters such as Melstacorp, Windforce and Aitken Spence with the turnover crossing Rs. 1.4 bn. A similar behaviour was wit... Read More


Hayleys Solar-BYD introduce advanced battery, inverter solutions

Srilanka, May 7 -- Hayleys Solar has partnered with global renewable energy leader BYD to introduce state-of-the-art energy storage and inverter solutions to the Sri Lankan market, marking a significa... Read More