Exclusive

Publication

Byline

NDB earnings recover as core banking offsets fraud hit

Sri Lanka, July 23 -- National Development Bank (NDB) delivered a stronger-than-expected operating performance in the first half of 2026, with its core banking franchise remaining intact, despite cont... Read More


Cargills CEO, family dispose of Rs.2.25bn worth of shares

Sri Lanka, July 23 -- Cargills (Ceylon) PLC Deputy Chairman and Group CEO V.R. Page and the members of his immediate family have disposed of shares worth of about Rs.2.25 billion, according to a stock... Read More


Lanka Realty sells On'ally Holdings stake to Lee Hedges for Rs.2.26bn

Sri Lanka, July 23 -- Lanka Realty Investments PLC has divested its 50.886 percent stake in subsidiary On'ally Holdings PLC to fellow group company Lee Hedges PLC, for a total consideration of Rs.2.26... Read More


Central Bank chooses caution over cuts as global risks return

Sri Lanka, July 23 -- The Central Bank left its key policy rate unchanged this week but struck a more cautious tone on the inflation outlook, indicating that the policymakers remain prepared to tighte... Read More


Sri Lanka's exports top US $ 9bn in first half

Sri Lanka, July 23 -- Sri Lanka's exports surpassed the US $ 9 billion mark in the first six months of 2026, driven by broad-based growth in merchandise and services exports, although the weakness in ... Read More


Navy seizes Indian fishing trawler with nine fishermen for poaching in SL waters

Sri Lanka, July 23 -- The Sri Lanka Navy seized an Indian fishing trawler and apprehended nine Indian fishermen during a special search operation conducted today after they were found engaging in poac... Read More


El Nino to trigger unpredictable rainfall later this year, steps taken for food security

Sri Lanka, July 23 -- With the development of El Nino conditions altering weather patterns in Sri Lanka, the government is planning for advancing the Maha cultivation season in a bid to avert any impa... Read More


Will the "tax shock" kill the Sri Lankan economy?

Sri Lanka, July 23 -- Under the latest IMF extended fund facility program, Sri Lanka has achieved substantial increase in tax revenue - to a level never seen in the history. Data show that for the fir... Read More


Dengue vaccine not the solution to current outbreak: Expert

Sri Lanka, July 23 -- While saying that the dengue vaccine is not a solution to the current dengue epidemic, Consultant Physician Dr. Ananda Wijewickrama urged the public to seek immediate medical att... Read More


Special arrack price increased by Rs. 20

Sri Lanka, July 23 -- The price of a 750 ml bottle of special arrack has been increased by Rs. 20, the Sri Lanka Distilleries Company said. The company said the price increase was due to higher produ... Read More