Business Colombo inflation rises to 2.3% in January 2026
Inflation in Colombo increased to 2.3% in January 2026, rising from 2.1% in December 2025. This information comes from the Department of Census and Statistics…
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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 IMF team expected in a matter of weeks to resume talks on Sri Lanka s fifth EFF review
The International Monetary Fund (IMF) is set to send a team to Sri Lanka soon to restart talks about economic policies. This will be part of the fifth review…
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 US, UK, EU drive Sri Lanka apparel exports in December
Sri Lanka saw a rise in apparel exports in December 2025, mainly due to higher demand from the United States, United Kingdom, and European Union. These three…
Business No major impact on Sri Lanka s economic growth due to Cyclone Ditwah - CBSL Governor
The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, stated that Cyclone Ditwah, which caused significant damage in various regions,…
Business Aswesuma January allowance credited to beneficiaries accounts
The Ministry of Finance has announced that the January allowance for beneficiaries of the Aswesuma program has been credited to their bank accounts. For the…
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 Gold vaults past $5,200 to record high
Gold prices climbed over $5,200 an ounce on Wednesday, reaching a new all-time high. This increase is part of a significant rise in prices as more people seek…
Business Price of 24-carat gold sovereign crosses Rs. 400,000 in Sri Lanka
The cost of gold in Sri Lanka has surged due to a steady rise in global prices. On Monday, gold prices hit a record high of over US$ 5, 100 as investors looked…
Business Pakistan PM s special assistant begins three-day visit to Sri Lanka
Haroon Akhtar Khan, who is the Special Assistant to the Prime Minister of Pakistan for Industries and Production, has landed in Sri Lanka for a three-day…
Business SOC requests quality reports on imported coal consignments in 3 vessels
The Sectoral Oversight Committee (SOC) on Infrastructure and Strategic Development has examined issues related to coal imported into Sri Lanka, focusing on…
Business SLBFE aims to send 310,000 workers for foreign employment in 2026
The Sri Lanka Bureau of Foreign Employment (SLBFE), which is part of the Ministry of Foreign Affairs, Foreign Employment, and Tourism, has set a goal to send…
Business India, EU finalise landmark trade deal, PM Modi says
Indian Prime Minister Narendra Modi announced on Tuesday that India and the European Union have completed a significant trade deal. This agreement comes after…
Business India-EU “Mother Of All Deals” will boost manufacturing, support services- PM Modi
Prime Minister Narendra Modi announced that the upcoming free-trade agreement between India and the European Union (EU) will greatly enhance manufacturing and…
Business Trump raises US tariffs on South Korea imports to 25%
US President Donald Trump has declared that he will raise tariffs on imports from South Korea to 25%. He made this announcement after accusing South Korea of…
Business Sri Lanka s export earnings top US$ 17 billion in 2025
Sri Lanka's export earnings for 2025 have reached US$ 17,252.15 million, surpassing the previous year's figures, according to data from Sri Lanka Customs. The…
Business Central Bank likely to hold rates ahead of IMF review, experts say
The Central Bank of Sri Lanka (CBSL) is likely to keep its main interest rate at 7.75% this Wednesday, according to a Reuters poll. This decision comes as an…
Business Station Masters threaten to launch trade union action over unresolved issues
The Sri Lanka Railway Station Masters’ Association has issued a warning that they may take trade union action if current issues are not resolved quickly. In…
Business Gold prices in Sri Lanka rise in line with global market
Gold prices in Sri Lanka have risen, following the trend in the global gold market. Traders at the Colombo Pettah gold market have noted that the cost of a…
Business “Successful India makes world stable”- European Commission Chief
European Commission President Ursula von der Leyen stated on Monday that a "successful India " contributes to a world that is more "stable, prosperous, and…