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Sri Lanka Makes Bold Strides toward U.S. Trade Deal amid Regional Competition

In a significant diplomatic development, Sri Lanka and the United States have agreed to accelerate discussions toward finalizing a bilateral trade agreement, with hopes...

Sri Lanka’s Exports Soar Past US $4.2Bn in Q1 2025 amid Global Growth Surge

Sri Lanka’s export sector is gaining significant traction, recording a solid recovery in the first quarter of 2025 with earnings exceeding $4.2 billion—marking a...

Business Tycoon Dhammika Perera Enters Cement Industry amid Rising Competition

Sri Lanka’s cement industry is witnessing a major shake-up with the strategic entry of business tycoon Dhammika Perera, who has acquired a 51% controlling...

Fitch Warns of Capital Strain on State Banks despite Profits – Treasury May Step In

Fitch Ratings has raised concerns about the financial health of Sri Lanka’s state-owned banks, warning that their capital levels remain weak despite strong profits...

‘Siri Dalada Vandanawa’ Exposition to Conclude as Scheduled on April 27

The “Siri Dalada Vandanawa,” the special exposition of the Sacred Tooth Relic, will conclude on Sunday (April 27) as previously scheduled and will not...

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