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Ministers must exercise their unlimited power with responsibility: President

Sri Lanka, Nov. 18 -- President Anura Kumara Dissanayake emphasized that the immense power granted to the ministers must be wielded with responsibility. He acknowledged that while the victory is monum... Read More


Sri Lanka swears in new cabinet of Ministers today

Sri Lanka, Nov. 18 -- Sri Lanka's new Cabinet of Ministers, under the National People's Power (NPP) government, was sworn in before President Anura Kumara Dissanayake in Colombo, Monday. The Deputy M... Read More


Opinion: US Election Outcomes and Trade Policy Changes - What It Means for Sri Lanka

Sri Lanka, Nov. 18 -- By Dr Asanka Wijesinghe Now that the United States (US) election has concluded, what direction will the US's trade policy be headed? This is one of the burning questions that ma... Read More


First STS Operation for Liquid Cargo at Hambantota International Port

Sri Lanka, Nov. 17 -- Hambantota International Port (HIP) has completed its first commercial ship-to-ship (STS) transfer operation for liquid cargo, marking another major milestone in the port's expan... Read More


New SEC Chief Unveils Strategic Plans for Short-Term and Long-Term Capital Market Growth

Sri Lanka, Nov. 17 -- Senior Professor D.B.P.H. Dissabandara, appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC), highlighted the importance of balancing market... Read More


Final Results: President Dissanayake's NPP Secures Two-Thirds Majority with 159 Parliamentary Seats

Sri Lanka, Nov. 15 -- The National People's Power (NPP) party, led by President Anura Kumara Dissanayake, has secured a two-thirds majority in the Sri Lankan Parliament. The NPP secured a dominant ma... Read More


Opinion: Sri Lanka's Financial Revival - Creating Markets That Attract, Engage, and Prosper

Sri Lanka, Nov. 13 -- By Jithendra Antonio Sri Lanka, emerging from economic upheaval, the nation's capital markets hold unprecedented promise, not only for financial gains but as a catalyst for nati... Read More


ComBank accelerates lending in Q3 as strong fundamentals spur growth

Sri Lanka, Nov. 13 -- Loan book up by Rs 121.06 bn. in 9 months, with 44.20% of growth coming in Q3 CASA ratio improves to 39.60% at 30th Sept. 2024 Net interest income up 46.15% to Rs 88.98 bn. To... Read More


United States lifts the security alert on the Arugam Bay area

Sri Lanka, Nov. 13 -- The United States today lifted the security alert on the Arugam Bay area, following close collaboration with the Sri Lankan side and the immediate and extensive security measures... Read More


IMF to Return to Sri Lanka for Crucial Third Review Soon

Sri Lanka, Nov. 12 -- In a recent press briefing, the International Monetary Fund (IMF) announced that a mission will soon return to Sri Lanka to continue negotiations for the third review of the IMF-... Read More