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Lion Brewery reaffirms commitment to flood resilience and community support in Biyagama
Lion Brewery (Ceylon) PLC (Lion) reaffirmed its commitment to strengthening community partnerships through its flood response efforts and ongoing work to build long-term flood resilience and community support in Biyagama, home to the Company’s core operations. During the recent floods along the Kelani River, Lion supported the Biyagama community throughout the emergency response and recovery […]
Subsidiary of Commercial Bank of Ceylon, CBC Finance Lists on Colombo Stock Exchange
CBC Finance Ltd, a subsidiary of the Commercial Bank of Ceylon PLC commemorated its listing on the Colombo Stock Exchange (CSE) by way of the issuance of LKR 1.5 bn worth of debentures by the ceremonial ringing of the market opening bell on the CSE trading floor. CBC Finance Ltd raised LKR 1.5 Bn on […]
Sri Lanka records 5.4-pct GDP growth rate for third quarter of 2025
The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic Product (GDP) at current price and at constant (2015) price in Production approach and the other macroeconomic indicators for the third quarter (1st July to 30th September) of 2025. The GDP for the third quarter of 2025 at constant price […]
World Bank is making up to USD120 mn in emergency support available by repurposing funds
In response to the Government’s request, the World Bank is making up to US$120 million in emergency support available by repurposing funds from ongoing projects, the World Bank said in a statement. This will support recovery and help restore essential services and infrastructure—including health care, water, education, agriculture, and connectivity—in the areas hit hardest by […]
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 […]
Small Investors For Polytunnel Agriculture in the Northern Province
By Jekhan Aruliah Nirojan comes from a family of farmers. Born in 1990, his parents farmed two acres of banana and chillies in Killinochchi. Like hundreds of thousands of others during the Sri Lankan Civil War they became IDPs (IDP, Internally Displaced Persons, refugees in their own country). Streams of people fleeing first from their […]
Rebuilding Housing Post-Ditwah: Lessons from Sri Lanka’s Tsunami Experience
By Dr Nisha Arunatilake, Director of Research, Institute of Policy Studies of Sri Lanka (IPS) The Ditwah Cyclone ranks second only to the December 2004 Tsunami in terms of damage to housing in Sri Lanka’s recent history. According to the government’s Disaster Management Centre, as of 9th December 2025, 86,488 houses were partially or fully […]
SEC Alert: Gladius South Asia is not licensed by SEC or registered with Financial Conduct Authority in UK
The Securities and Exchange Commission of Sri Lanka (SEC) wishes to inform the public that Gladius South Asia is unauthorized to act as a Market Participant in Sri Lanka. The SEC confirms that this entity is not licensed by them. Furthermore, the SEC has received official confirmation from the Financial Conduct Authority (FCA) that Gladius […]
Opinion: Will the Response to Ditwah be Worse than the Disaster?
By M. Rizwan Muzzammil The Parable of the Broken Window In 1850, the French economist Frederic Bastiat penned “The Parable of the Broken Window.” A boy breaks a shop window, and a glazier is paid six francs to repair it. Onlookers muse that such accidents are good for trade, as they keep windowmakers in business. […]
Economic, fiscal &’s Ratings
According to Moody’s Ratings, South and Southeast Asian countries have been severely impacted by several tropical cyclones and unusually heavy monsoon rains since mid-November, leading to widespread flooding and landslides and the tragic loss of hundreds of lives. Moody’s assesses that the economic, fiscal, and credit impact of this disaster is likely to be most […]
EDB Launches Fast-Track Relief to Support Exporters Affected by Adverse Weather
The Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka’s export sector. A discussion meeting was held recently at the EDB premises, with the participation of Secretary to the Ministry of Industry and Entrepreneurship Development Mrs. Tilaka Jayasundara, EDB Chairman and […]
Hambantota International Port Remains Fully Operational Despite Extreme Weather
As Sri Lanka experiences one of the worst flood situations recorded in its history, which has crippled national infrastructure and forced operations to suspend at the Port of Colombo, Hambantota International Port (HIP) has remained fully operational, reinforcing its strategic importance as the country’s second major commercial hub. Although Hambantota also faced heavy rains, it […]