Business News
Business Parliament to convene from Feb. 17–20; Parliamentary Pensions Repeal Bill to be debated
Parliament will meet from February 17 to February 20, 2026, as decided in a recent Committee on Parliamentary Business meeting led by Speaker Dr. Jagath…
Business Sri Lanka conveys interest in re-applying for EU s GSP facility after current cycle ends
Sri Lanka has expressed its desire to reapply for the European Union’s (EU) Generalised Scheme of Preferences (GSP) trade program after the current cycle ends,…
Business New regulations to be introduced to re-register subscriber info of SIM cards
The Cabinet of Ministers in Sri Lanka has approved new rules to re-register the subscriber information of mobile phone SIM cards that were issued before August…
Business Initiative launched to connect state institutions to National Cyber Security Operations Centre
A significant meeting took place today (10) at the Old Parliament Building in Colombo to discuss connecting key government institutions to the National Cyber…
Business Sri Lanka, EU to hold Joint Commission meeting on Thursday
Sri Lanka and the European Union (EU) are set to hold the 27th Session of their Joint Commission in Colombo on Thursday, the 12th. This important meeting will…
Business Education Council clears another hurdle
The Parliamentary Sub-Committee responsible for forming the Education Council has approved the report from the expert committee assigned by the Ministry of…
Business CEB trade unions warn of action over unaddressed demands
Electricity trade unions in Sri Lanka have issued a warning that they will take action without notice if the date for the Ceylon Electricity Board (CEB)…
Business King Charles backs UK police in any probe into brother Andrew amid Epstein fallout
King Charles has publicly expressed his support for any police investigation regarding his brother, Andrew Mountbatten-Windsor, in light of the Epstein…
Business Domestic postal charges revised with effect from today
The Department of Posts in Sri Lanka has announced a change in domestic postal rates , effective today, September 9. The cost of sending a standard letter has…
Business India s Modi visits Malaysia to boost trade, security ties
India 's Prime Minister Narendra Modi is set to meet with Malaysian Prime Minister Anwar Ibrahim on Sunday. The two leaders aim to strengthen trade relations…
Business Consumers spending over Rs. 10,000 at Co-operatives to receive free life insurance
Consumers in Sri Lanka who spend more than Rs. 10,000 at cooperative sales outlets within a month will soon receive free life insurance coverage, as announced…
Business Minister Anil Jayantha joins Independence Day celebrations in Dubai
Dr. Anil Jayantha Fernando, the Minister of Labour and Deputy Minister of Finance and Planning, participated in the 78th National Independence Day celebration…
Business Ginger prices soar amid supply shortage
Ginger prices in Sri Lanka have risen sharply, as reported by vegetable sellers in Hatton . Wholesale traders indicate that fresh ginger used to cost between…
Business India allocates INR 4 billion in grants and loans to Sri Lanka in 2026 Budget
India 's government has announced it will provide 4 billion Indian Rupees in grants and loans to Sri Lanka as part of its 2026/27 Budget. In her budget speech…
Business India budget tactical , not breakthrough , Moody s Ratings says
Moody’s Ratings described India ’s federal budget as “tactical” but not a “breakthrough” in their response to the government’s plan for the upcoming financial…
Business PM Modi meets Arab leaders, says India backs Palestinians, Gaza peace plan
Prime Minister Narendra Modi met with foreign ministers from Arab countries on Saturday in New Delhi during the second India -Arab Foreign Ministers' Meeting.…
Business WHO sees low risk of Nipah virus spreading beyond India
The World Health Organization reported on Friday that the chance of the Nipah virus spreading from India is low. They stated that there are no recommendations…
Business American Airlines plans to resume US flights to Venezuela after Trump moves to open airspace
American Airlines announced on Thursday that it plans to restart flights to Venezuela after over six years, pending government approval and security checks.…
Business China relaxes visa rules for UK citizens on PM s trip to Beijing
China has decided to ease its visa regulations for British citizens during Prime Minister Keir Starmer's visit to Beijing on Thursday. This move is part of a…
Business Gold prices increase by Rs. 15,000 in Sri Lanka
The cost of gold in Sri Lanka has gone up due to rising global gold prices. Colombo Pettah traders report that the price for a 24-carat gold sovereign has…
Business China, Sri Lanka to set up renminbi clearing arrangements
The People’s Bank of China has recently signed an agreement with the Central Bank of Sri Lanka to create renminbi clearing arrangements in Sri Lanka, according…
Business GMOA gives Health Minister 48 hours to respond
The Government Medical Officers’ Association (GMOA) has announced that if the government does not respond positively to their concerns within the next 48…
Business President, IMF team agree to continue EFF programme without any changes
The International Monetary Fund (IMF) team, which arrived last week for a fact-finding mission, has confirmed that there will be no changes to the Extended…
Business Price of 24-carat gold sovereign crosses Rs. 400,000 in Sri Lanka
The cost of gold in Sri Lanka has surged due to a steady rise in global prices. On Monday, gold prices hit a record high of over US$ 5, 100 as investors looked…