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US Federal Reserve cuts benchmark interest rate by 0.25 percentage points

Sri Lanka, Dec. 14 -- US Federal Reserve has cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level since early 2022. The new target range now s... Read More


Official Poverty Line ticks up in 2025

Sri Lanka, Dec. 14 -- The Official Poverty Line (OPL) across all districts in October this year has increased, according to a Department of Census and Statistics (DCS) survey. The OPL at the National... Read More


Port City can be an alternative to financial hubs such as Singapore and Dubai - Thulci Aluwihare

Sri Lanka, Dec. 14 -- Deputy Managing Director of CHEC Port City Colombo, Thulci Aluwihare said that Port City Colombo can be positioned as a potential alternative to financial hubs such as Singapore ... Read More


US envoy hails people to people connections

Sri Lanka, Dec. 14 -- How Sri Lankans have been coping with the aftermath of 'Ditwah' by building their homes and picking the pieces to be back on their feet is amazing, said U.S. Ambassador Julie Chu... Read More


Insurance industry geared to meet challenges of natural calamities

Sri Lanka, Dec. 14 -- Leveraging AI-driven models, satellite data, and technology for crop insurance. Improving risk management and resilience. Stresses need for greater awareness on importance of ins... Read More


'Fun, Adventure and Risk'

Sri Lanka, Dec. 14 -- As examinations are necessary evils, three-wheelers too are the same when it comes to an emergency. It has its fun and adventure but it also has been a significant contributor to... Read More


Dudley Sirisena donates Rs. 100 m to 'Rebuilding Sri Lanka' Fund

Sri Lanka, Dec. 14 -- Lakbima Rice Mills (Pvt) Ltd, based in Polonnaruwa, has contributed Rs. 100 million to the Government's 'Rebuilding Sri Lanka' Fund, set up to provide relief to communities affec... Read More


Rushin Hanguk's mission to help disaster victims

Sri Lanka, Dec. 14 -- When the first images of the deadly landslides and floods reached South Korea, Rashindra Gnanendra felt something inside him break. Sitting in his small apartment in Jeonju, the ... Read More


Losses on a cart

Sri Lanka, Dec. 14 -- Cyclone Ditwah hit businesses across the island, with traders in flood-hit areas suffering heavy losses. In Gampola, a rice mudalali was forced to dispose of large stocks after f... Read More


Helping hands

Sri Lanka, Dec. 14 -- Sri Lanka has been receiving unprecedented international aid and support following Cyclone Ditwah. Here Civil Military Affairs Coordinator at the U.S Department of State, Robert ... Read More