A New Global Marina Front Address for Sri Lanka Presented by Prime & Melwa
Prime and Melwa have unveiled the Prime Marina Sales Suite at Port City Colombo, a first of its kind in the region and a new benchmark for how a landmark...
US Dollar selling rate surpasses Rs. 350
The Sri Lankan Rupee continues to weaken against the US Dollar amidst multiple factors including the ongoing conflict in the...
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....
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...
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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 after trading resumed on the Chicago Mercantile Exchange. The price...
Apr 20, 2026
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 stocks have been successfully received. A vessel carrying 32,400 metric...
Apr 9, 2026
Rs. 13.2 billion fraud at NDB : CBSL issues statement
The Central Bank of Sri Lanka says it has been informed by the National Development Bank PLC (NDB) of an internal fraud that could result in a significant financial loss,...
Apr 6, 2026
Lankem Ceylon invests Rs. 3 billion in Sri Lanka’s first state of the art Single Super Phosphate Fertilizer (SSP) factory
Colombo, Sri Lanka, 30th March 2026: Lankem Ceylon PLC has unveiled ‘මඩ රජා’ (Mada Raja), Sri Lanka’s first locally manufactured Single Super Phosphate (SSP) fertilizer, marking a significant milestone in...
Apr 1, 2026
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...
Mar 18, 2026
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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