Exclusive

Publication

Byline

LG system needs a total overhaul

Sri Lanka, March 25 -- Although the Local Government (LG) elections have to be held once in four years, they have been scheduled this time for May 6, after a lapse of seven years. Last time the LG pol... Read More


Adani not ready to budge on original tariff rate for Mannar wind project

Colombo, March 25 -- India's Adani Group is not ready to compromise on the initially agreed tariff rate and other parameters of the 484 MW wind and transmission project in Mannar, despite its agreemen... Read More


Bangladesh court orders seizure of cricketer Shakib's assets

Sri Lanka, March 25 -- A Bangladeshi court ordered the seizure of cricketer Shakib Al Hasan's assets in the latest legal headache for the sports star over his allegiance to the country's former leader... Read More


Transshipment decline at Port of Colombo extends to second straight month in February

Sri Lanka, March 25 -- The transshipment volumes at the Port of Colombo declined for the second straight month in February, as the services that earlier pulled out of Colombo, amidst heavy congestion,... Read More


Rising bets for Central Bank to stay pat on current rates at upcoming policy meeting

Sri Lanka, March 25 -- The Central Bank is set to keep the rates when it meets for the second time for this year, this week, to decide on the key policy rate, after it left the overnight policy rate (... Read More


Exports hit US $ 1.38bn in February

Sri Lanka, March 25 -- Sri Lanka's export sector continued its growth momentum in February 2025, with total exports reaching US $ 1.38 billion, reflecting a 4.62 percent year-on-year (YoY) increase, d... Read More


Ten Bangladeshi migrants arrested in Katunayake

Sri Lanka, March 25 -- A group of 10 Bangladeshi nationals who had entered the country illegally with the intention of fleeing to Europe were arrested by officers of the Investigation Division of the ... Read More


Namal questions Govt on UK sanctions against ex-military commanders

Colombo, March 25 -- In the wake of recent sanctions imposed by the UK government on four individuals, including Shavendra Silva and Wasantha Karannagoda, SLPP MP Namal Rajapaksa questioned whether th... Read More


Royal Madras Yacht Club to launch first Chennai-Sri Lanka sailing expedition

Colombo, March 25 -- The Royal Madras Yacht Club, together with IndSri Ferry Services Lanka Pvt Ltd, is set to launch the first international sailing expedition from Chennai to Sri Lanka, lasting seve... Read More


No tax revisions on vehicle imports this year: Duminda Hulangamuwa

Colombo, March 25 -- According to the International Monetary Fund (IMF) agreement, vehicle taxes cannot be reduced, and there will be no tax revisions on vehicle imports this year, Senior Economic Adv... Read More