Business News
Business Court orders arrest of Basil in Rs. 7.8m poll funds case
The Colombo Fort Magistrate's Court has ordered the arrest of former Minister Basil Rajapaksa, along with Tourism Promotion Bureau Chairman Bhashwara…
Business New High-Definition (HD) Television Studio at the University of Vocational Technology handed over to students with the participation of the Prime Minister
In addition to the studio's opening, several new centers aimed at enhancing students’ practical skills and academic experiences were also inaugurated. These…
Business Over 300 busted for possession of narcotics during Sri Pada season
These arrests came after coordinated raids and thorough security checks by special police teams in the Hatton police division. The operations focused on…
Business SL exports exceed USD 5.7 bn in first four months of 2026
Mangala Wijesinghe, Chairman and CEO of the EDB, remarked on the April 2026 export results, noting that total exports hit US$ 1,380.93 million, marking a 6%…
Business Attacks on Ebola centres intensify in eastern DRC amid outbreak fears
Healthcare workers in Ebola-affected regions of eastern DRC have often encountered pushback from the community regarding strict burial rules, which require…
Business PM meets Secretary-General of the Commonwealth of Nations
Their talks covered important topics like climate change, climate finance, democratic governance, women's political participation, and ongoing support for…
Business Politics is not something separate from development. It shapes every choice we make in governance – PM
The next morning, the Prime Minister visited the University of Sussex, where she was greeted by Professor Anu Joshi, the Director of IDS, Professor Mick Moore,…
Business Bill to repeal Chief of Defence Staff Act gazetted
A Bill has been published aiming to repeal the Chief of Defence Staff Act No. 35 of 2009, which could lead to the end of the Chief of Defence Staff position.…
Business Sri Lankan Airlines Airbus Scandal and the Death of Kapila Chandrasena and my Brother Rajeewa
Sadly, KC’s death has brought renewed attention to my brother, Rajeewa Jayaweera, who died in June 2020. Some people on social media tried to connect his death…
Business Expansion of PayPal services in Sri Lanka officially announced
The expansion of cross-border payment services is anticipated to significantly aid Sri Lankan small businesses and startups in engaging more actively in…
Business Showers will occur at times in the Western, Sabaragamuwa, Central, North-western and Northern provinces and in Anuradhapura, Galle and Matara districts
In other news , Sri Lanka's ability to access the next IMF tranche of USD 700 million depends on restoring cost-recovery pricing for electricity and fuel. The…
Business On the hunt for China’s most famous green tea
For centuries, Longjing has been well-known among tea enthusiasts, especially since the Qianlong Emperor visited Hangzhou in the 18th century. According to…
Business SJB sees govt. hand in allowing unlawful take over of Malwana property by student activists
The main opposition party , SJB, claimed yesterday that the government has allowed student activists to take control of the disputed Malwana property, which…
Business Lanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’
When asked if the government's fuel subsidy program, which includes a Rs. 100 per liter diesel subsidy, aligns with the IMF's pricing guidelines, Kozack…
Business Lanka and Belarus draw roadmap for deeper cooperation in trade, industry, agriculture, tourism, education, and people-to-people ties
During his trip, Herath engaged in talks with Belarusian leaders, senior officials, business representatives, and tourism industry members, leading to several…
Business National SME Strategy Framework 2026 is critical because it brings policy consistency and stability to the sector – PM
This framework aims to simplify the process for entrepreneurs to register their businesses, access modern technologies, and secure specialized financial…
Business Special Coordination Committee meeting for Badulla District chaired by the President
During the meeting, the President asked about the resettlement process and any issues at the divisional secretariat level. He also focused on the quick release…
Business Sri Lanka and Belarus to sign several MoUs
Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, is currently visiting Belarus from yesterday until Friday (15th), following an…
Business Successful Digital Education depends on strong infrastructure, quality content, and Teacher Training — PM
Dr. Amarasuriya also pointed out the necessity of implementing digital training programs at the 20 National Colleges of Education that train teachers. She…
Business Navy renders assistance to bring ashore injured fisherman for urgent medical attention
After a formal request for help was made through MRCC Colombo , the nearby Merchant Vessel ‘MT MAUI’ was alerted to assist in the rescue. In a quick response,…
Business Construction and Concrete Waste Recycling Centre Opened in Ekala under the Clean Sri Lanka Programme
A new recycling centre for construction and demolition (C&D) waste opened today (08) in the Ekala Industrial Zone as part of the Clean Sri Lanka national…
Business Joint Media Briefing Held with the Participation of President Anura Kumara Dissanayake and President Tô Lâm of Viet Nam
President Anura Kumara Dissanayake began by extending a warm welcome to President Tô Lâm and the Vietnamese delegation on this significant state visit. He…
Business Research Vessel Dr. Fridtjof Nansen Completes Marine Scientific Survey in Sri Lankan Waters and Departs Colombo
8 May 2026, Colombo – The Research Vessel Dr. Fridtjof Nansen has wrapped up its marine scientific survey in Sri Lankan waters and has now left Colombo . This…
Business Lanka Port City officials to meet investors in Dubai
Meetings with foreign investors have been a key strategy for promoting CPC, and identifying new markets is a priority for CHEC and CPCEC. Thulci Aluwihare,…