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FAO Appeals for USD 16.5 Mn to Restore Livelihoods after Cyclone Ditwah Devastates SL's Agrifood Sector

Sri Lanka, Jan. 15 -- The Food and Agriculture Organization of the United Nations (FAO) Headquarters in Rome issued an appeal calling for international assistance of USD 16.5 million to support the ea... Read More


Industry Bodies Flag Gaps in Draft National Electricity Policy

Sri Lanka, Jan. 15 -- The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Assoc... Read More


Port City Colombo Secures USD 300 Mn FDI Commitment For Phase II Development

Sri Lanka, Jan. 14 -- CHEC Port City Colombo (Pvt) Ltd., the primary developer of Port City Colombo, has pledged approximately US$300 million in foreign direct investment to advance Phase II of the Po... Read More


Good Intentions, Bad Economics: The Risks of Intervening in SME Lending Decisions

Sri Lanka, Jan. 12 -- In the past weeks, newspaper headlines have brought to the forefront a growing narrative that banks are prospering while SMEs are struggling. This outcome has largely been attrib... Read More


Hambantota International Port Records 175-pct Cargo Growth in 2025

Sri Lanka, Jan. 11 -- Hambantota International Port (HIP) closed 2025 with a landmark performance, recording a 175% year-on-year increase in total cargo volumes despite what has been widely recognised... Read More


Wealthtrust Securities (WLTH) explodes higher in stock market debut

Sri Lanka, Jan. 8 -- January 8, 2026 (LBO) - Wealthtrust Securities (WLTH), a leading primary dealer of government securities in Sri Lanka, has spiked 167% from its IPO price in its stock market debut... Read More


Ray Jayawardhana Appointed Caltech's Tenth President

Sri Lanka, Jan. 8 -- January 8, 2026 (LBO) - Dr. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been nam... Read More


Sri Lankan garment exports gain tariff-free access to UK from 01 January

Sri Lanka, Jan. 8 -- Sri Lankan garment manufacturers gain unprecedented access to UK markets under liberalised trade rules. The changes allow manufacturers to source up to 100% of inputs for garments... Read More


Sri Lanka's Gross Official Reserves Surpasses USD 6.8 Bn in Dec 2025, Highest Level Since Crisis

Sri Lanka, Jan. 8 -- The Central Bank has announced that Gross Official Reserves (GOR) surged to over US dollars 6.8 billion by the end of 2025, marking the highest level of reserves recorded since th... Read More


Thespian Jith Pieris (1947-2026)

Sri Lanka, Jan. 8 -- January 8, 2026 (LBO) - Jith Pieris, among the most notable figures Sri Lanka's theatre circuit, has past away. Kumar de Sliva paints a colourful portrait of Pieris's life and wo... Read More