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Opposition to move no-faith motion against Justice Minister

Sri Lanka, July 10 -- Opposition MPs today began placing their signatures to a no confidence motion against Minister of Justice Harshana Nanayakkara. The main allegation against the Minister is his f... Read More


ADB sees slower growth, higher inflation for Sri Lanka through 2027

Sri Lanka, July 10 -- The Asian Development Bank (ADB) has lowered Sri Lanka's economic growth forecast for 2027 and sharply raised its inflation projections, warning that prolonged disruptions to glo... Read More


IMF warns fuel-importing economies risk inflation rebound

Sri Lanka, July 10 -- Sri Lanka's economic recovery could face fresh challenges from rising oil and food prices as the International Monetary Fund (IMF) warned that energy-importing economies remain v... Read More


Shipping majors circle Sri Lankan ports amid regional expansion race

Sri Lanka, July 10 -- Several world's leading container shipping lines - including Maersk, CMA CGM, MSC and COSCO - have shown interest in acquiring a stake in Sri Lanka's East Container Terminal (ECT... Read More


Audit Service Commission's 63% staff vacancy raises questions over state audit capacity for SOEs

Sri Lanka, July 10 -- The Audit Service Commission is contending with an acute staffing shortfall that could weigh on Sri Lanka's audit oversight of state-owned enterprises, with the Auditor General's... Read More


Yield curve edges slightly higher amid pre-auction selling pressure

Sri Lanka, July 10 -- Secondary market trading was characterized by selling interest ahead of the upcoming T-bond auction, resulting in the yield curve edging slightly higher. Overall market activity ... Read More


Indices close in red

Sri Lanka, July 10 -- The ASPI closed in red as a result of price losses in counters such as Commercial Bank, Melstacorp and Lion Brewery with the turnover crossing Rs. 1.4 Bn. A similar behaviour was... Read More


Bridging the corporate grind with human science: how positive psychology can reshape workplace resilience

Sri Lanka, July 10 -- The modern corporate ecosystem has increasingly intensified into a high-pressure rat race where stress is frequently normalized as a byproduct of productivity. As local organiz... Read More


Hirdaramani Apparel-Moratuwa Uni to transform textile waste into sustainable innovation

Sri Lanka, July 10 -- In a significant step towards advancing circularity, Hirdaramani Apparel collaborates with the University of Moratuwa on a three-year research initiative to explore how textile w... Read More


LCB Finance posts 55% growth in pre-tax profit

Sri Lanka, July 10 -- LCB Finance PLC delivered a year of strong financial performance and strategic expansion for the financial year ended March 31, 2026, recording a 55 percent increase in profit be... Read More