News

The “uncertainty” over the impending elections in Sri Lanka will cause a possible downward trend in the country’s economic outlook, the Asian Development Bank (ADB) has said, according to a PTI dispatch. Sri Lanka is set to face a presidential election...

State Minister Chamara Sampath Dasanayake's car has caught fire. Sri Lanka Latest News The car in which the state minister was travelling suddenly caught fire in Bandarawela Halpe area. It is reported that this incident happened at around 12.45 this...

Developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism. Growth will continue at the same...

A date for Singapore’s leadership handover has been set – Deputy Prime Minister Lawrence Wong will officially become Prime Minister on 15 May, taking the reins from Lee Hsien Loong who has been in office since 2004. The Prime Minister’s...

Sri Lanka’s fisheries community is concerned about the concerns expressed by India regarding the ownership of the Katchatheevu Island, as the Island has a direct connection to fishing activities in the Northern part of Sri Lanka, according to local fisheries...

Sri Lanka could face external debt above 70% of GDP even after the completion of the debt restructuring and debt vulnerabilities will remain if the country does not implement debt management laws, the Asian Development Bank (ADB) said. In its...

Coca-Cola has announced Kaushali Kusumapala’s appointment as the new Country Director for Sri Lanka and Maldives, effective from 1st April 2024. Making history as the first Sri Lankan woman in this position, Kaushali succeeds former Country Director, Pankaj Sinha, who...

Global airlines faced disruptions to flights on Monday after Iran's missile and drone attacks on Israel further narrowed options for planes navigating between Europe and Asia. While Israel, Jordan, Iraq and Lebanon reopened their airspaces on Sunday, some routes continue to be affected. Below airlines have...

The Colombo stock market declined yesterday post-Avurudu ending multiple weeks of winning streaks. Asia Securities said following an extended period of market holidays, the indices started the session on a slow note on Monday (15) with the ASPI falling below...

In Western, Sabaragamuwa, Central and North Western provinces and Galle and Matara districts today (16) pm. The Meteorological Department says that after 2.00 there may be scattered showers or thunderstorms. Sri Lanka Latest News The department states that occasional rain...