Sri Lankan Rupee weakens further as US Dollar hits highest level since Dec. 2023
The Sri Lankan Rupee came under further pressure today as the selling rate of the US Dollar rose to Rs. 329.92, marking the highest recorded rate since December 27, 2023....
Sri Lanka’s tourist arrivals exceed 840,000 so far this year
The Sri Lanka Tourism Development Authority (SLTDA) stated that the number of tourist arrivals in Sri Lanka so far has...
Migrant worker remittances increase 26.5% in 1Q 2026
Remittances sent by migrant workers to Sri Lanka have increased by 26.5% in the first quarter of this year compared...
Gas Stocks and Supply Situation Remain Stable – Continuous Supply Assured
Currently, gas stocks in the Maldives’ Floating Storage are sufficient for the entire month of April, and all required stocks...
Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per barrel...
Gas Stocks and Supply Situation Remain Stable – Continuous Supply Assured
(Colombo) Currently, gas stocks in the Maldives’ Floating Storage are sufficient for the entire month of April, and all required...
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Rs. 13.2 billion fraud at NDB : CBSL issues statement
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Lankem Ceylon invests Rs. 3 billion in Sri Lanka’s first state of the art Single Super Phosphate Fertilizer (SSP) factory
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5% GDP growth in 2025
The Department of Census and Statistics (DCS) reported that Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by 5% in 2025. At constant 2015 prices, the GDP is...
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Oil tops $100 again despite historic release of reserves
Oil prices surged past $100 per barrel again overnight, three days after it hit a four-year high, as the US and Israel’s war with Iran continues to have a historic...
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Nestlé Celebrates 120 Years of Working Together for Good in Sri Lanka
Nestlé Lanka Limited, the ‘Good Food Good Life’ company marks 120 years of operations in Sri Lanka this year. From its humble beginnings in 1906, Nestlé Lanka is now the...
Mar 12, 2026
Dollar surges as US-Iran war pushes oil past $100 a barrel
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