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Japan and FAO Partner with Sri Lanka to Restore Inland Fisheries in Ditwah Affected Eastern Province

SriLanka, June 9 -- The Government of Japan and the Food and Agriculture Organization of the United Nations (FAO), in partnership with the Government of Sri Lanka, have launched a joint initiative to ... Read More


Janashakthi Life Extends entry age to 80, Extending availability of protection when most needed

SriLanka, June 9 -- Janashakthi Life, a leading brand in the insurance industry and a flagship brand of JXG (Janashakthi Group), has introduced a landmark innovation in life insurance, launching a new... Read More


Oil Market Will Return to Oversupply Once Hormuz Reopens: Fitch Ratings

SriLanka, June 8 -- The Hormuz strait closure created a logistical supply shock but does not alter the direction of the market, Fitch Ratings says in a new report. A rapid production recovery in the r... Read More


Flavours of a new Colombo: Inside the dining experiences of City of Dreams

SriLanka, June 8 -- Colombo has long been known for its diversity of flavour. From bustling street food corners to fine dining establishments overlooking the Indian Ocean, the city's culinary identity... Read More


Oil Crisis Hits World Growth Outlook as Forecasts Revised Down: Fitch Ratings

SriLanka, June 8 -- World growth prospects have been hurt by the oil crisis prompted by the US-Iran war, Fitch Ratings says in its latest Global Economic Outlook (GEO). This has led to Fitch lowering ... Read More


Commercial Bank extends its operations to Port City Colombo

SriLanka, June 5 -- Reinforcing its commitment to support the nation's next phase of economic transformation, Commercial Bank of Ceylon PLC's new branch in Port City Colombo will bring world-class ban... Read More


Ceylon Chamber Expresses Concern Over New US Labour-Related Tariffs and Calls for Urgent Engagement

SriLanka, June 4 -- The Ceylon Chamber of Commerce is concerned by the announcement of new labour-related tariffs by the United States on several countries, including a proposed 12.5% tariff on export... Read More


Sunshine Holdings delivers 11.2-pct top line growth in FY26 while navigating healthcare margin pressures

SriLanka, June 3 -- Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) recorded consolidated revenue of LKR 65.9 billion for the year ended 31 March 2026 (FY26), reflecting an 11.2% ... Read More


Commercial Bank now brings PayPal-linked withdrawals for customers

Sri Lanka, May 28 -- The Commercial Bank of Ceylon, reaffirming its leadership in introducing the latest global financial technologies to Sri Lanka, has announced the availability of PayPal-linked wit... Read More


Sri Lanka's Vehicle, Gold Loan Curbs Support Lenders' Risk Profiles: Fitch Ratings

Sri Lanka, May 28 -- Sri Lanka's tighter macroprudential restrictions on vehicle and gold-backed lending will benefit lenders' risk profiles, particularly those of finance companies, Fitch Ratings say... Read More