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Secondary market remains subdued as T-Bill auction yields continue to ease

Sri Lanka, July 29 -- Similar to the previous trading session, the secondary yield curve experienced a subdued trading session yesterday, with moderate trading volumes and activity. Market activity wa... Read More


Indices close in green

Sri Lanka, July 29 -- The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, John Keells Holdings and Commercial Bank with the turnover crossing Rs. 2.0bn. A simila... Read More


Alumex quarterly profit jumps sevenfold as margins improve

Sri Lanka, July 29 -- Alumex PLC reported a sevenfold increase in net profit for the three months ended June 2026, as lower cost of sales, stronger operating profit and higher finance income offset a ... Read More


SriLankan Airlines expands reach with Maldivian interline partnership

Sri Lanka, July 29 -- SriLankan Airlines has strengthened its regional connectivity through a new interline agreement with Island Aviation Services, operating as Maldivian. This agreement enables SriL... Read More


Cabinet approves Rs. 15bn procurement for Ruwanpura expressway phase I

Sri Lanka, July 29 -- The Cabinet has approved the implementation of the procurement process for the construction of Phase I of the Ruwanpura Expressway Project, including the system interchange conne... Read More


Are we governing for the next election, or the next generation?

Sri Lanka, July 29 -- Every government begins its term with a familiar list of urgent priorities. The economy needs attention. Public services demand improvement. The cost of living weighs heavily on ... Read More


Prison overcrowding: Revision of remand prisoners key to solution

Sri Lanka, July 29 -- "The degree of civilisation of a society can be judged by entering its prisons." This aphorism is sometimes attributed to the Russian author Fyodor Dostoevsky and sometimes to t... Read More


Sri Lanka's drug eradication campaign: From rhetoric to real outcomes

Sri Lanka, July 29 -- Public Security Minister Ananda Wijepala's recent statements in Kurunegala have rightly focused national attention on the drug menace. The commitment to treat drug users as indiv... Read More


Colombo Dockyard returns to profit as ship repair earnings surge

Sri Lanka, July 29 -- Colombo Dockyard PLC swung to a profit in the three months through June as stronger ship repair earnings and lower finance costs outweighed a drop in revenue. The group posted a... Read More


Ibrahim Zadran's 95 powers Jaffna Kings to win over Colombo Kaps

Sri Lanka, July 29 -- Jaffna Kings boosted their Lanka Premier League 2026 playoff hopes with a convincing 19-run victory over Colombo Kaps at the Pallekele International Cricket Stadium, powered by I... Read More