Business
CBSL keeps policy rate unchanged
The Monetary Policy Board has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, following its meeting held yesterday (24). The decision...
UDA launches inquiry into controversial Colombo high-rise development
The Urban Development Authority (UDA) has initiated a special investigation into a 40-storey luxury residential project in Colombo’s Polduwa Junction, following complaints from...
Rising maize prices put Sri Lanka’s egg and livestock sectors at risk
Sri Lanka is confronting a severe maize shortage, forcing producers to buy raw materials at sharply higher prices and increasing reliance on imports,...
CEB swings from hefty profit to deep loss as tariff policy backfires
Sri Lanka’s state-run Ceylon Electricity Board (CEB) posted a near wipe-out of quarterly profit and slipped into a Rs. 9 billion loss for...
Sri Lanka’s listed banks see slight decline in capital buffers
Sri Lanka’s listed banks reported a slight quarter-on-quarter decline in capital buffers in the third quarter of 2025 though most remain above regulatory...
Voyage Sri Lanka 2025: The initiative to harness the power of Sri Lanka’s blue economy
Voyage Sri Lanka 2025, the international marine summit organised by the Sri Lanka Export Development Board (EDB), has concluded, recording a massive success. ...
SEC warns against unlicensed investment advice, lists 25 prohibited schemes
Sri Lanka’s Securities and Exchange Commission (SEC) has issued a strong warning against unregulated investment recommendations, especially those circulated via social media. The...
Budget 2026 signals mixed commitment on para-tariff phase-out
Sri Lanka’s plan to phase out para-tariffs has been cast into doubt by its own revenue projections, according to economic think tank Arutha...
