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BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

Sri Lanka’s palm oil based industry, once a promising foreign exchange earner under the Indo-Sri Lanka Free Trade Agreement (ISFTA), continues to suffer heavy...

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has expressed deep concern over Sri Lanka’s minimal progress in addressing the complex legacy of enforced...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a high note, welcoming 34,046 arrivals in just the first six days of the month, according...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the second quarter of 2025, with total assets rising by 14.9% year-on-year to Rs. 23.8 trillion,...

Mini World’s End Temporarily Closed Following Wasp Attacks

The Meegahakivula Pradeshiya Sabha has temporarily closed the Mini World’s End tourist site in Pitamaruwa due to a series of continuous wasp attacks, officials announced yesterday. The Pradeshiya Sabha said...

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Ban the Bag? Lessons from Britain—and Sri Lanka’s Reality Check

By Roger Srivasan Introduction I was born in the Northern part...

Dhammika part sells ComBank stake for Rs. 5.5 b

Business leader Dhammika Perera yesterday part sold his stake...

Colombo Port Achieves Record Profit in 2025 amid Strategic Expansion

The Port of Colombo has reported a record net...

CEB’s Proposed 6.8% Tariff Hike: Justified Reform or Unwarranted Burden?

Sri Lanka’s state-run Ceylon Electricity Board (CEB) has proposed...
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