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Sri Lanka serves up free meals for tourists stranded by Middle East flight chaos

Sri Lanka, March 9 -- Sri Lanka Tourism has organised a special luncheon and breakfast programme for foreign tourists who are currently staying in the country, due to the disruptions caused by the Mid... Read More


Navigating global volatility: How Sri Lanka can turn geopolitical turbulence into an economic advantage

Sri Lanka, March 9 -- The global economic landscape is currently navigating a period of profound volatility, characterised by shifting geopolitical alliances, rising protectionism and unpredictable re... Read More


Banking sector faces elevated money laundering risks amid rising fraud and tax evasion

Sri Lanka, March 9 -- Sri Lanka's banking sector is currently confronting a medium-high money laundering risk, compounded by emerging threats from financial fraud and tax evasion. These findings wer... Read More


CSE-IFC-global partners ring opening bell to advance women's leadership in SL biz

Sri Lanka, March 9 -- Reaffirming the commitment to advancing women's economic empowerment and leadership in Sri Lanka, the Colombo Stock Exchange (CSE), International Finance Corporation (IFC) - a Wo... Read More


How is Sri Lanka responding to the Israel-Iran conflict: Day 9

Sri Lanka, March 9 -- Sri Lanka continues to manage the diplomatic, humanitarian and economic consequences of the widening Israel-Iran conflict, which has already spilled into the Indian Ocean close t... Read More


Shippers' Council warns of supply chain hits from Middle Eastern shipping disruptions

Sri Lanka, March 9 -- The Sri Lanka Shippers' Council has raised concerns over the mounting disruptions to global shipping and supply chains driven by the ongoing geopolitical tensions in the Middle E... Read More


Sri Lanka better equipped than before to absorb oil shocks: CB Governor

Sri Lanka, March 9 -- Sri Lanka is better equipped than during its 2022 financial crisis to absorb shocks from rising oil prices, Central Bank Governor Dr. Nandalal Weerasinghe said, citing a strong U... Read More


CEB no more: Major power sector restructuring begins

Sri Lanka, March 9 -- In a historic shake-up of Sri Lanka's power sector, the Ceylon Electricity Board (CEB) has been officially dissolved and replaced with six separate state-owned companies from mid... Read More


Possible fuel shortage looms if urgent steps not taken, Union warns

Sri Lanka, March 9 -- Concerns are mounting in Sri Lanka over a potential fuel shortage after April, despite government assurances of adequate reserves. Palitha said that before the National People's... Read More


Oil soars past $100 a barrel as US-Israel war on Iran rages

Sri Lanka, March 9 -- Oil prices have surged past $100 a barrel amid the fallout of the United States and Israel's war on Iran. Brent crude, the international benchmark, rose more than 20 percent on ... Read More