Author: LBO
Sri Lanka’s Export Performance Remains Steady with Strong Q1 2026 Growth
Sri Lanka’s total exports, including both merchandise and services, reached US$ 1,467.31 million in March 2026, reflecting a year-on-year decline of 5.2 % compared to March 2025. However, on a month-on-month basis, exports increased by 9.0% compared to February 2026 (US$ 1,346.2 million), indicating a recovery in export momentum during the month. According to provisional […]
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 […]
Petrol, Pressure and Public Sentiment: Sri Lanka’s Fuel Crisis Through the Lens of Real Conversation
Over 64,000 engagements. More than 3,100 online results. 853 unique voices. Nearly 30 per cent of conversations running negative. Talkwalker captured the full arc of Sri Lanka’s National Fuel Pass conversation as it unfolded and what it reveals about public trust, economic anxiety, and the cost of getting policy wrong should matter to every institution […]
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 […]
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 […]
Vice President of India Shri C. P. Radhakrishnan to undertake an official visit to Sri Lanka
The Vice President of India Shri C. P. Radhakrishnan is scheduled to undertake an official visit to Sri Lanka from 19 to 20 April 2026. During this visit, Vice President Radhakrishnan will hold bilateral discussions with President Anura Kumara Disanayake and Prime Minister Dr. Harini Amarasuriya in a continuation of the recent high-level diplomatic engagements which reinforce the longstanding ties […]
New CSE Branch Brings Galle Direct Access to Capital Market
The Colombo Stock Exchange (CSE) officially opened its Galle Branch to the public, further strengthening its countrywide presence. The branch was inaugurated by Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) Senior Professor D.B.P.H Dissabandara, Chairman of CSE Mr. Dimuthu Abeyesekera and Chief Executive Officer of CSE Mr. Rajeeva Bandaranaike in the […]