The Second Round of Bilateral Political Consultations between Sri Lanka and Brazil were held on 20 th March, 2026 at the Ministry of Foreign Affairs, Foreign Employment and Tourism in Colombo, marking ...

In the modern global economy, oil is more than a commodity; it is a macroeconomic force that shapes inflation, trade balances, fiscal stability, and the pace of global growth. For Sri Lanka, the ...

The International Monetary Fund (IMF) has confirmed that a staff team led by Mission Chief Evan Papageorgiou will visit Colombo from March 26 to April 9, 2026. This mission is designed to facilitate ...

The supply shock in the commodity market directly affects 39.3% of imports of Sri Lanka, or USD 8.3 Bn, across 951 products. The price shock extends beyond petroleum and petrochemicals to nitrogenous ...

As Chairman of the Joint Apparel Association Forum, I believe the task before us is clear: Sri Lanka must move with greater purpose toward the long-discussed ambition of becoming a US$8 billion ...

In a critical response to Sri Lanka’s escalating fuel shortages driven by Middle East tensions and QR rationing, Export Development Board (EDB) Chairman Mangala Wijesinghe has highlighted a priority ...

The Sri Lanka Banks’ Association (SLBA) has assured the public that banks will continue to operate on all five weekdays as an essential service, despite the temporary measures introduced to conserve ...

With nearly 80% of global oil trade priced in US dollars, any shift toward a petro-yuan framework could trigger volatility across currency, bond and stock markets. Experts warn the move could weaken ...

Sri Lanka is deeply concerned by the rapidly escalating situation in the Middle East and West Asia, which poses a direct threat to the civilian population. We are saddened by the tragic loss of ...

If all continues as planned, Kalo will follow that path in 2029. meaningful environmental and wildlife conservation impact. “We are delighted to embark on the CarePhant project and become stewards of ...

Sri Lanka’s macrofinancial conditions strengthened throughout 2025, fueling a major expansion in credit despite persistent external vulnerabilities. According to recent year-end data, the financial ...

PickMe has called for higher fuel allocations to ride-hailing and taxi services during rationing periods, arguing that shared mobility maximises scarce resources, sustains daily economic activity, and ...