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The Colombo Consumer Price Index (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) increased to 8.3% in October 2026 from 8.0% in September 2026. Food inflation (Y-o-Y) marginally increased to 8.8% in October 2026 from 8.7% in September
The UN Office of High Commissioner for Human Rights (OHCHR) encourages the Government to undertake a further comprehensive review of the draft Protection of the State from Terrorism (PSTA) Bill before its enactment, in consultation with independent i
Fitch Ratings has taken the following actions on the National Long-Term Ratings of eight Sri Lankan banks following recalibration of the agency's Sri Lankan national rating scale in the wake of the recent sovereign rating upgrade: - Bank of Ceylon (B
The Government of Sri Lanka, in partnership with the World Bank Group and the International Fund for Agricultural Development (IFAD), today announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated effort to transform
Mr S. Ganeshan, Deputy General Manager - Personal Banking at Commercial Bank at the signing of a loan agreement with Jayasinghe Tea Factory, in the presence of (from left) Mrs. Harshi Perera, Coordinating Manager - Sri Lanka Tea Factory Owner's Assoc
Royal Spence Aviation, a partner company of Aitken Spence Travels is all set to welcome a new gateway from Central Asia as Uzbekistan's Centrum Air launches direct scheduled flights between Tashkent and Mattala Rajapaksa International Airport (MRIA),
By Sunimalee Madurawala, Research Economist, Institute of Policy Studies of Sri Lanka (IPS) The Sri Lankan economy has stabilised following a series of repeated shocks, including the COVID-19 pandemic, the economic crisis, and climate-related disaste
By Advocata Institute Recently, the government announced a proposal to increase the personal income tax-free threshold from LKR 150,000 to LKR 200,000 per month with the upcoming Budget, raises questions about Sri Lanka's tax policy priorities. While
The Sri Lankan government's Prevention of Organised Crimes Bill, submitted to parliament on October 20, 2026, risks enabling arbitrary detention, torture, and other rights violations, Human Rights Watch said today. The proposed law, alongside the Pro
The Ceylon Chamber of Commerce has submitted its observations on the proposed Protection of the State from Terrorism Act (PSTA) and is in the process of finalising its views on the proposed Prevention of Organised Crime Act, which will be communicate
Esna Holidays, a leading and well established name in the travel industry, has acquired Mackinnons Travels from John Keells Holdings PLC. With a history spanning 55 years, Mackinnons Travels is among Sri Lanka's longest-established and most respected
Sri Lanka's transition from economic stabilisation to sustainable growth, opportunities for Indian investment and the potential to build stronger partnerships in industry, technology and entrepreneurship were the key themes of the visit of Hon. Chath
AirAsia continues to strengthen connectivity between Sri Lanka and Southeast Asia by restoring frequencies on its Colombo (CMB) - Kuala Lumpur (KUL) and Colombo (CMB) - Bangkok (Don Mueang - DMK) routes for the Winter 2026/27 season, from 01 November
The 28th Presidential Export Awards 2026, organized by the Sri Lanka Export Development Board (EDB), will be held on Tuesday, 08 December 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of His Excellency A
Deputy Minister of Foreign Affairs and Foreign Employment of Sri Lanka, Arun Hemachandra and Deputy Minister of Agriculture and Forestry of Türkiye, Dr. Ahmet Bağcı, signed a Memorandum of Understanding on Agricultural Cooperation between the two cou
Sri Lanka's apparel exports returned to growth in September 2026, an encouraging sign for the sector. Although the nine-month total is still behind last year, the Joint Apparel Association Forum (JAAF) sees the latest result as a positive step. Appar
Vietjet is launching a limited-time promotion featuring Eco tickets from USD90 (including taxes and fees) on its Colombo-Ho Chi Minh City route, and from USD175 (including taxes and fees) on its Colombo-Maldives service, as the airline continues to e
Sri Lanka's total exports have reached US$ 13.61 Bn during the first nine months of 2026, recording a year-on-year growth of 5.04% compared with US$ 12.96 Bn in the corresponding period of 2025. This positive performance reflects the continued expans
The U.S. Embassy in Sri Lanka appreciates the warm welcome extended to USS Canberra (LCS 30) as the Independence-variant Littoral Combat Ship returns to the Port of Colombo on October 26 for a routine port call. This marks the ship's second visit to
How Sri Lanka Can Turn Great-Power Competition into US$10 Billion in Foreign Investment-and Become the Economic Bridge Between India, China, the Gulf, the USA and West By Jithendra Antonio From Trincomalee's energy reserves to Colombo's maritime gate