sri lanka

The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the trade deficit between Sri Lanka and the United States. Following the decision by US President Donald…

The state revenue has surged to Rs. 1,942.36 billion during the first five months of 2025, marking a 19.95% increase in comparison to the figures from the same period last year, according to the Central Bank of Sri Lanka (CBSL). The CBSL…

In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to…

The 17-member national squad for the upcoming three-match Twenty20 International series against Bangladesh has been announced. Charith Asalanka will continue to lead the side. Meanwhile, the National Selection Committee has recalled…

Sri Lanka’s GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports and lowers tariffs on competitor trading partners, according to an IMF country report. At present, Sri Lanka…

Sri Lanka’s economic outlook remains positive, however, global trade policy uncertainties pose significant risks to the country’s macroeconomic and social stability, the International Monetary Fund (IMF) has stated. On July 1, 2025, the…

In the first ODI match at Colombo, Sri Lanka tamed Bangladesh by 77 runs. Charith Asalanka scored a brilliant century as the Lankans managed 244 runs. The rest of the batting order failed to provide enough support or form a…

Three individuals were taken into custody in the Bolawatta area of Wennappuwa during a joint operation carried out by the Sri Lanka Coast Guard, Navy, and Police Narcotic Bureau. The suspects were found in possession of over 900…

Cabinet approval has been granted to implement a pilot program to facilitate the engagement of Sri Lankan labourers under the E-8 visa category (seasonal employees) in the Republic of Korea. Accordingly, the Cabinet of Ministers has…

World Social Media Day is celebrated today (June 30). It is a global observance that recognizes the profound impact of social media in transforming communication worldwide and it has become one of the most powerful tools shaping how…