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Why is Ceylon Tea losing steam?

Sri Lanka, March 28 -- At a time where there is a decline in Sri Lankan tea exports, the complaining voices of estate labourers underscore that their side of the problem needs to be sorted out at the ... Read More


Further delay adds Rs.21 million daily to outstanding bill Central Expressway

Colombo, March 28 -- The government's total dues for the company selected for the construction of the Kadawatha-Mirigama stretch of the central expressway have soared to US $ 189.513 million (Rs.56 bi... Read More


SMEs urged to apply for CBSL relief measures before 31 March deadline

Sri Lanka, March 28 -- The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the ... Read More


No need to raise funds from global debt markets even in 2028: CB Governor

Sri Lanka, March 28 -- While Sri Lanka is likely to regain access to global capital markets in two years, Central Bank (CB) Governor Dr. Nandalal Weerasinghe believes the government should refrain fro... Read More


Government open to all options for SriLankan, including privatisation

Sri Lanka, March 28 -- The government is currently exploring all potential avenues to determine the most effective strategy for restructuring the debt-laden national carrier, SriLankan Airlines, sugge... Read More


Signs of delay in National Animal Census data

Sri Lanka, March 28 -- Though the results of the National Animal Census, which was conducted islandwide on March 15, were set to be announced today (28), the working committee said that it will be del... Read More


Sri Lanka makes big pitch to attract capital market investments

Sri Lanka, March 28 -- Sri Lanka yesterday made a compelling case f or investments into its capital markets, urging investors to be part of the island nation's growth story. Having emerged from crisis... Read More


27 arrested for protesting in violation of court order in Colombo

Colombo, March 28 -- Twenty-seven individuals, including the convener of the Inter-University Students Federation (IUSF) and the Secretary of the Allied Health Sciences Students' Union, have been arre... Read More


Modi to undertake state visit to Sri Lanka from April 4 to 6

Colombo, March 28 -- Indian Prime Minister Shri Narendra Modi will undertake a State visit to Sri Lanka from April 4 to 6, the Ministry of Foreign Affairs, Foreign Employment, and Tourism said. Durin... Read More


Strong earthquake rocks Thai capital of Bangkok, prompting evacuations

BANGKOK, March 28 -- A strong 7.3 magnitude earthquake rocked the Thai capital Friday, causing buildings to sway. Germany's GFZ center for geosciences said the midday temblor was a shallow 10 kilomet... Read More