"Tea for harmony" cultural gala highlights deep cultural bonds between China, Sri Lanka

COLOMBO, May 22 (Xinhua) -- The "Tea for Harmony: YAJI 2025 China-Sri Lanka Cultural Gala" was held in Colombo from May 20 to May 21. Sri Lankan Prime Minister Harini Amarasuriya emphasized the historical and cultural richness of Chinese and Sri …

Indian fishermen return home after four-month detention in Sri Lanka

May 22, Colombo (LNW): Eleven Indian fishermen who had been detained in Sri Lanka since early January returned to Tamil Nadu late on Wednesday, bringing closure to a months-long diplomatic effort involving both New Delhi and Colombo. The men, all from …

Local Elections in Sri Lanka: No win for government or opposition

The outcome of the recent round of elections for the renewal of several municipal councils remains uncertain in many cases. In over 150 municipalities, no party or alliance holds an outright majority. The first meeting is scheduled for 2nd June. The …

Sri Lanka shares end higher after surprise interest rate cut

Sri Lankan shares closed higher on Thursday, aided by gains in communication services and utilities stocks. The CSE All Share index settled up 0.7% at 16,473.4. Sri Lanka’s central bank cut the policy rate by 25 basis points in a surprise move earlier in …

Sri Lanka stocks close up, following rate cut

ECONOMYNEXT – Sri Lanka’s stocks closed up on Thursday, after the central bank cut its single policy rate by 25 basis points to 7.75 percent, brokers said. The All Share Price Index closed up 0.72 percent, or 117.46, at 16,473.37. The S&P SL20 closed …

HT This Day: May 23, 1972 -- Republic of Sri Lanka is born

Colombo: In the midst of a state of emergency and objections from sections of the Tamil community, Ceylon today proclaimed itself the free, sovereign and independent Republic of Sri Lanka. HT This Day: May 23, 1972 -- Republic of Sri Lanka is born (HT) A …

IBM powers technology upgrade for Sri Lanka’s Pan Asia Bank

Pan Asia Banking Corporation of Sri Lanka has partnered with IBM to upgrade its digital infrastructure. This collaboration comes as banks in the region adapt to the demands of customers who seek customised experiences, transparency, and security in real- …

Sri Lanka rupee opens steady, bond yields down after rate cut

ECONOMYNEXT – Sri Lanka’s export board has organized an awareness session for exporters on the registration procedures for the mandatory General Administration of Customs of China (GACC) after issues were raised at a forum about a lack of familiarity. The …

Sri Lanka faces worst Chikungunya outbreak in 20 years as climate change fuels mosquito spread

Sri Lanka state banks BoC, NSB record large profits: PMD

ECONOMYNEXT – No financial and non-financial corporate issuers in Sri Lanka defaulted in 2024, a Fitch Ratings analysis of issuers it rated has found. “There were no defaults in 2024 for all corporate finance issuers in Sri Lanka with national ratings …