HIP Sets New Container Throughput Record with MSC Vessel

Hambantota International Port (HIP) successfully handled container vessel MSC Marie Leslie, marking one of its highest-volume vessel calls to date. The achievement further strengthens the port’s position as an emerging hub for containerised cargo in the region. The vessel, operated by Mediterranean Shipping Company (MSC), was berthed at HIP from 11 to 15 April 2026. […]

Vice President of India visits Sri Lanka to strengthen bilateral ties

The Vice President of India Shri C. P. Radhakrishnan undertook an official visit to Sri Lanka from 19 to 20 April 2026. The visit took place in the backdrop of intensified high-level engagement between the two countries, including the visit of President Anura Kumara Disanayaka to India in December 2024, the visit of Prime Minister […]

Inadequate LPG Price Hike Compels the Vulnerable to Subsidize the Wealthy: Advocata Institute

While Advocata Institute welcomes the recent Liquefied Petroleum Gas (LPG) price increase by Litro Gas Lanka, it remains inadequate and indirectly forces Sri Lanka’s vulnerable segments to subsidize wealthier LPG consumers. This inequity arises because the retail price remains below cost-reflective levels despite the price revision. In April 2026, Saudi Aramco’s Asia-Pacific benchmark rose sharply, […]

Central Bank Releases 
the Annual Economic Review for the Year 2025

The Annual Economic Review 2025, the publication in accordance with Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023, was presented to His Excellency Anura Kumara Dissanayake, the President and the Minister of Finance, Planning and Economic Development, by Dr. P Nandalal Weerasinghe, the Governor of the Central Bank of […]

Sri Lanka Receives 2.6 mn USD from Japan for Two New projects to Strengthen Climate Resilience & Gender Equality

The Government of Japan through its Japanese Supplementary Budget (JSB) has reaffirmed its commitment to supporting Sri Lanka’s development journey by announcing two new projects, aimed at fostering climate resilience in vulnerable communities and advancing gender equality. These initiatives, together with the Government of Sri Lanka and implemented in partnership with the United Nations Development […]

VIDEO: BYD – The biggest scam of the car industry ?

For 100 years, the global car industry belonged to Germany, Japan, and the United States. In three years, BYD turned it into a bloodbath. Mercedes down 28%. Porsche lost 92% of its profits in a single year. Volkswagen cutting 50,000 jobs. Stellantis posting a $26 billion loss — its worst in history. And behind every […]

Sri Lanka ratifies the ILO Convention on Violence and Harassment Convention, 2019 (No. 190)

On 16 April 2026, the Democratic Socialist Republic of Sri Lanka deposited the instrument of ratification of the Violence and Harassment Convention, 2019 (No. 190) with the International Labour Office. Sri Lanka is the 55th Member State of the International Labour Organization to ratify Convention No.190 In depositing the instrument of ratification, the Permanent Representative of […]

CBSL Orders Forensic Audit into NDB Fraud Case

The Central Bank of Sri Lanka (CBSL) announced that it is closely monitoring developments at National Development Bank PLC (NDB) following the disclosure of an internal fraud. CBSL confirmed that NDB, in consultation with the regulator, is finalizing arrangements to engage a leading international firm to conduct a comprehensive forensic audit. The audit will not […]

Coal Imports, Plant Efficiency in Focus as Presidential Commission Begins Work

President Anura Kumara Dissanayake has appointed a Special Presidential Commission to investigate alleged irregularities in Sri Lanka’s coal importation and coal-based power generation, in a move that signals tighter scrutiny of a critical and often contentious sector. The Commission, established under the Special Presidential Commissions of Inquiry Act, will examine activities spanning from the inception […]

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