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Indices close in red

Sri Lanka, July 15 -- The ASPI closed in red as a result of price losses in counters such as Melstacorp, Vallibel One and John Keells Holdings with the turnover crossing Rs. 1.0bn. A similar behavio... Read More


BPPL unit acquires Ravi Industries customer base in Rs. 300 mn deal

Sri Lanka, July 15 -- BPPL Holdings PLC's wholly owned subsidiary, Beira Brush (Private) Limited, has entered into a Business Transfer Agreement (BTA) with Ravi Industries Limited to acquire the compa... Read More


Maga Engineering awarded US$ 7.26mn contract to expand BIA passenger terminal

Sri Lanka, July 15 -- The Cabinet has approved the awarding of a contract to M/s Maga Engineering (Pvt) Ltd. for the expansion of passenger terminal facilities at the Bandaranaike International Airpor... Read More


Int'l tender opens for SL's largest battery storage initiative

Sri Lanka, July 15 -- The Power and Energy Ministry yesterday announced the launch of an international tender for a 250 MW/1,000 MWh Battery Energy Storage System (BESS), one of the country's largest ... Read More


Construction sector leads recovery's next chapter

Sri Lanka, July 15 -- Sri Lanka's construction sector is emerging as one of the clearest beneficiaries of the country's economic recovery, with rising bank lending, stronger foreign investment and gro... Read More


The Third Agricultural Revolution

Sri Lanka, July 15 -- Vietnam's emergence as one of the world's leading coffee producers should give Sri Lanka pause. Less than half a century ago, Vietnam was scarcely associated with coffee. Today... Read More


India-Sri Lanka Media Fest Nuance journalism versus clickbait

Sri Lanka, July 15 -- Communication has evolved prehistoric era cave paintings and gestures to the digital era. Communication is fundamental to all aspects of life, be it personal, professional or soc... Read More


UNDP gifts advance laboratory equipment worth Rs. 204 million

Sri Lanka, July 15 -- The Ministry of Environment, together with the United Nations Development Programme (UNDP) in Sri Lanka, officially handed over advanced laboratory equipment valued at approximat... Read More


Negombo Prison Tragedy: INTELLIGENCE LAPSES, systemic failures and urgent imperative for reform

Sri Lanka, July 15 -- The deadly violence that erupted at Negombo Prison on July 5-6, 2026 stands as one of the darkest episodes in Sri Lanka's recent correctional history. Approximately 28 people los... Read More


Derisking food security by thinking intelligently

Sri Lanka, July 15 -- Food supply chains were strained or broken, domestically as well as internationally back in 2020 (not yet in 2026, but there are five months left). It is natural and necessary in... Read More