Category: Other News
IMF warns Middle East shock could hit Sri Lanka growth, backs targeted relief as tariffs rise
The International Monetary Fund has warned that escalating geopolitical tensions in the Middle East pose a significant risk to Sri Lanka’s economic recovery, even as authorities move ahead with price reforms and fiscal adjustments. The IMF said the evolving crisis could impact key external sectors including exports, remittances, tourism and connectivity, describing it as one […]
Sri Lanka faces renewed economic risks despite recovery momentum, ADB says
Sri Lanka’s economic recovery is expected to continue into 2026, but fresh global and domestic risks are beginning to test its stability, according to the latest Asian Development Outlook (April 2026) by the Asian Development Bank (ADB). The report notes that while the country has moved past its worst crisis phase, growth is likely to […]
Kenilworth Estate: Crafting premium Ceylon tea through innovation and heritage
Since 1947, when its current factory rose from the site of an earlier 1942 structure, Kenilworth Tea Estate has crafted teas renowned for their long, wiry, well-twisted leaves; blacker, cleaner, and meticulously rolled through an extended 2.5-hour Orthodox process that yields a coppery-bright infusion with creamy, full-bodied strength, woody frankness, and subtle citrus notes. Perched […]
TONIK launches “Island Daughters” A storytelling series honouring women who carried Sri Lanka to the world
This International Women’s Month, TONIK invites Sri Lanka to see itself differently. Not just as an island shaped by land and history — but by its women. Through Island Daughters, a new storytelling series, TONIK shines a light on the women whose voices, creativity, and courage have carried Sri Lanka’s story far beyond its shores. […]
The Grey Tsunami: Ceylinco Life sounds the alarm on Sri Lanka’s retirement readiness gap
Sri Lanka is getting older, fast. By 2042, one in four Sri Lankans will be above the age of 60. That is not a distant projection. It is sixteen years away. And by most measures, this country is unprepared for what it means, not at a policy level, and certainly not at the level of […]
Min of Justice launches management information system to enhance efficiency, transparency, and accountability
The Ministry of Justice and National Integration today officially launched its new Management Information System (MIS) and revamped website, marking a significant milestone in ongoing efforts to modernize Sri Lanka’s justice sector and strengthen institutional efficiency, transparency, and accountability. The MIS was developed as an initiative of the Support to Justice Sector Project (JURE), funded […]
VIDEO: Petrodollar Under Threat? Iran’s Petro-Yuan Oil Plan Via Hormuz | Explained
Iran may be considering a dramatic economic counterstrike in the escalating US-Iran conflict — targeting the very foundation of Washington’s global financial power: the petrodollar system. Reports suggest Tehran could allow oil tankers to pass through the Strait of Hormuz only if transactions are settled in Chinese yuan, a move that could challenge decades of […]
VIDEO: The Salary Trap – Why The System Keeps You Broke
Ever feel financially insecure despite a stable job? This video offers crucial financial education to help you understand why you might be struggling with debt management and how to improve your personal finance situation. Discover the counterintuitive reality of how money works against employees—revealing why effective money management can lead to true financial security, even […]
City of Dreams Sri Lanka marks first christmas in Colombo
City of Dreams Sri Lanka is marking an important milestone this December as it celebrates its first Christmas in Colombo, closing out the year with a thoughtful and community-centred festive program. In a season where many Sri Lankans are seeking moments of connection, hope, and togetherness, City of Dreams Sri Lanka has curated experiences across […]
Newcomers deliver big finishes as speedstar championship 2025
The SpeedStar Championship 2025 came to a thrilling close at SpeedBay in Port City Colombo, marking the end of a dynamic three-round karting series that welcomed complete newcomers to the sport. Designed exclusively for novice drivers with no prior motorsports experience, the championship offered a unique opportunity for first-time racers to experience competition in a […]
The future of electric driving has arrived
Electric cars are no longer just about saving fuel or reducing emissions. They’re quickly becoming the new standard for luxury, technology, and smart mobility. And two new models are making waves for all the right reasons. Quietly referred to as the IM5 and IM6, these next-generation sedans are changing how we think about driving. A […]
First Deputy Managing Director of the International Monetary Fund to Visit Sri Lanka
Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF), is scheduled to visit Sri Lanka from 15-16 June 2025. This visit is significant, as it marks the first time since 2005 that a serving FDMD of the IMF visits Sri Lanka. During this visit, Dr. Gopinath will be the […]