Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy

Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.



Sri Lanka President flies to United Kingdom to attend Prince Charles coronation ceremony

Sri Lanka President Ranil Wickremesinghe and eight others left the Katunayake International Airport this morning (May 04) for the United Kingdom to attend the coronation ceremony of King Charles III.



Sri Lanka apparel exports to drop by $1 billion in 2023, trade body says

Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits the crisis-hit South Asian country.



Electricity prices to be reviewed and revised in July 2023 – Power and Energy Minister

Electricity prices will be reviewed and revised by July 2023, Minister of Power and Energy Kanchana Wijesekera has stated.



Litro gas prices to reduce from midnight today (May 03)

Litro Gas has reduced prices of domestic Liquefied Petroleum (LP) Gas cylinders with effect from midnight today (May 03), Litro chairman Muditha Peiris said.



Cabinet approval granted for feeding tariff formula for Renewable Energy projects

The Cabinet of Ministers has granted approval for the Ceylon Electricity Board (CEB) to adopt a new formula to calculate the feeding tariff for Renewable Energy projects to encourage more investments to the sector, Power and Energy Minister Kanchana Wijesekera said today (May 03).



NPP’s Petition against postponement of Local Government Election fixed for consideration

A Fundamental Rights petition filed by National People’s Power (NPP) challenging the postponement of Local Government election has been fixed for consideration by the Supreme Court today (May 03).



Sri Lanka seeks Asian Development Bank support in digitalization, agriculture

Foreign Minister Ali Sabry met with the President of Asian Development Bank (ADB), Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of the ADB.



Dialog and Airtel to combine operations in Sri Lanka

Dialog Axiata PLC and its Malaysian Parent Axiata Group Berhad and India’s Bharti Airtel Limited have entered into a binding term sheet to combine operations of Bharti Airtel Lanka, Airtel’s wholly-owned subsidiary, with Dialog Axiata.



Litro to reduce domestic LP gas prices from tomorrow (May 03)

The prices of Litro domestic LP gas cylinders are set to be further reduced tomorrow (May 03).



Chinese state-owned firm to build major Sri Lanka port complex

A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub.



Sri Lanka President says Let 2048 be the year of development for Sri Lanka

Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.



Janet Yellen warns United States could run out of cash by June 1

The United States could run out of money to pay its financial obligations – risking a catastrophic default – as early as the start of June, Treasury Secretary Janet Yellen said on Monday (May 1), as policymakers tussle over raising the debt ceiling.



Eight persons injured in shooting incident near Colombo Harbour

Eight persons including three women have been injured and admitted to the Colombo National Hospital due to a shooting by a security guard near Gate 06 of the Colombo harbour today (May 01), police said.



JVP’s message for International Workers’ Day 2023

Sri Lankan political party Janatha Vimukthi Peramuna (JVP) has released an official message for International Workers’ Day 2023.



Sri Lanka’s Inland Revenue Department earns revenue of 105% exceeding expected targets

Sri Lanka’s State Minister of Finance Ranjth Siyambalapitiya says that the Inland Revenue Department (IRD)  has earned revenue of 105 percent exceeding the expected revenue in the first quarter of 2023.