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Indian banks allowed to give INR loans to Sri Lanka customers

COLOMBO, Oct. 13 -- The Reserve Bank of India (RBI) has permitted Indian banks to extend Indian rupee-denominated loans to customers in Sri Lanka, Bhutan and Nepal, a move expected to deepen regional ... Read More


Laugfs halts Dubai unit, to appeal Iran sanctions listing by US

COLOMBO, Oct. 13 -- Sri Lanka's Laugfs Gas has announced that it is halting operations of its Dubai-based unit, SLOGAL Energy DMCC, pending a compliance review, after the US Treasury's Office of Forei... Read More


Sri Lanka identifies 12 high-risk districts for rat fever as cases surge past 10,000

COLOMBO, Oct. 13 -- Sri Lankan health authorities have identified 12 districts as high-risk zones for the spread of leptospirosis (commonly known as rat fever), amid growing concern over the rising nu... Read More


Stage 2 of Indian Housing Project Phase IV launched in Bandarwela

COLOMBO, Oct. 12 -- Stage 2 of the Indian Housing Project (IHP) Phase IV was launched on Sunday (12) with a ceremony held at the Bandarwela Municipal Council attended by President Anura Kumara Dissana... Read More


Laugfs Dubai unit named by US Treasury for trading Iran gas

COLOMBO, Oct. 10 -- The US Treasury has designated Slogal Energy DMCC, a subsidiary of Sri Lanka's Laugfs Holdings, for allegedly facilitating the sale and shipment of Iranian liquefied petroleum gas ... Read More


IMF reaches staff-level agreement with Sri Lanka on fifth review of Extended Fund Facility

COLOMBO, Oct. 9 -- The International Monetary Fund (IMF) has reached a staff-level agreement with Sri Lanka on the fifth review of the country's reform program under the Extended Fund Facility (EFF), ... Read More


Sri Lanka's renewable energy share falls as power demand rises

COLOMBO, Oct. 9 -- Sri Lanka's reliance on renewable energy slipped in July 2025 as rising power demand forced a return to fuel oil generation, despite the country's continued push toward greener ener... Read More


CEB engineers raise concerns over reform implementation

COLOMBO, Oct. 8 -- The Ceylon Electricity Board Engineers' Union (CEBEU) has formally raised serious concerns about the manner in which electricity sector reforms are being implemented, urging Parliam... Read More


UNHRC adopts Resolution on Sri Lanka urging reconciliation and accountability

COLOMBO, Oct. 7 -- The United Nations Human Rights Council (UNHRC) on Monday (6) adopted a new resolution on Sri Lanka calling for concrete steps toward reconciliation, accountability, and the protect... Read More


Sri Lanka ranked 3rd in South Asia for child displacement due to weather-related disasters

COLOMBO, Oct. 7 -- Sri Lanka ranks among the South Asian countries with the highest absolute number of child displacements linked to weather-related disasters, according to a new report by the United ... Read More