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Liquidator files preliminary report on Daya Group's Bimputh; seeks directors' statements of affairs

SriLanka, Oct. 1 -- Bimputh Lanka Investments PLC, formerly Bimputh Finance and part of former Minister Daya Gamage's Daya Group, has disclosed that its liquidator has filed a preliminary report on th... Read More


Akram Cassim re-elected as SLGJA President for 3rd term

SriLanka, Oct. 1 -- Akram Cassim was re-elected as President of the Sri Lanka Gem and Jewellery Association (SLGJA) for a third term, at the association's Annual General Meeting (AGM) held this week. ... Read More


September arrivals edge back into growth as Japan, Australia gain ground

SriLanka, Oct. 1 -- Sri Lanka's tourist arrivals rose 0.4 percent in the first 27 days of September when compared to the same period last year, as a strong growth from Japan and Australia put the mont... Read More


Inflation relief months away: CBSL

SriLanka, Oct. 1 -- Sri Lanka will face several more months of elevated inflation, as the energy shock spreads through the economy, with the Central Bank of Sri Lanka (CBSL) projecting inflation to re... Read More


Cultivation investment firms used public funds for other businesses: CBSL Governor

SriLanka, Oct. 1 -- Central Bank Governor Dr. Nandalal Weerasinghe yesterday said certain companies that had obtained hard-earned money from the public as investments in cultivation projects had used ... Read More


More than half of Sri Lanka's older persons have chronic diseases

SriLanka, Oct. 1 -- More than half of Sri Lankans aged 60 and above are affected by at least one chronic disease, highlighting the growing healthcare needs of the country's rapidly ageing population, ... Read More


Fuel companies to get Rs. 70 per litre diesel subsidy

SriLanka, Oct. 1 -- The government will provide Rs. 70 per litre of diesel as part of a Rs. 41 billion fuel subsidy approved by the Cabinet to cushion consumers and fuel distributors from the impact o... Read More


Small vehicles dominate Sri Lanka's auto demand as consumers turn selective

Sri Lanka, Sept. 30 -- Sri Lankan vehicle buyers are overwhelmingly gravitating towards smaller cars and compact crossovers, latest registration data show. Data compiled by JB Securities showed that ... Read More


Sri Lanka's AI ambitions hinge on private capital and control of critical systems

Sri Lanka, Sept. 30 -- Sri Lanka will need private investment to turn its emerging digital infrastructure into economic gains, while retaining control over the AI systems and data it considers critica... Read More


China in APEC and BRICS: Opportunities in the New Era!

Sri Lanka, Sept. 30 -- The Asia Pacific Economic Cooperation (APEC) is a regional economic forum founded in 1989 to boost free trade, investment, and sustainable growth across the Pacific Rim (Ref. AP... Read More