Government-Owned Buildings in Colombo to be Leased to Private Sector for Development
The Ministry of Urban Development and Housing has announced plans to lease several government-owned buildings in Colombo, including Visum Paya,
Procter & Gamble Reports 34% Decline in SK-II Skincare Sales, Cites China’s Slow Recovery and Anti-Japanese Sentiment
Procter & Gamble (P&G) has disclosed a significant 34% drop in sales for its high-end SK-II skincare brand during the
Container Throughput at Port of Colombo Grows by 1.3% YoY; Transshipment Volumes Surge by 2.1% YoY
By Nishel Fernando The Port of Colombo witnessed a modest recovery in container throughput during 2023, rebounding from the economic
Government Should Weigh Economic Consequences of Online Safety Bill, Urges SJB MP Harsha de Silva
SJB Member of Parliament, Harsha de Silva, emphasized the importance of the government considering the economic implications of the Online
Central Bank Governor Warns of Potential 7% Inflation in January 2024
During a special press briefing held on Tuesday (23 Jan.), Dr. Nandalal Weerasinghe, the Governor of the Central Bank of
National Consumer Price Index (NCPI) Reveals Rise in Overall Inflation to 4.2% in December 2023
The Department of Census and Statistics reports that the Overall Rate of Inflation, measured by the National Consumer Price Index
Sri Lanka’s Public Utilities Commission to Decide on Revised Electric Tariffs Proposed by Ceylon Electricity Board
The Public Utilities Commission of Sri Lanka (PUCSL) is scheduled to convene today, January 22, to make a final determination
National Investigation Agency Files Supplementary Chargesheet in 2021 Human Trafficking Case
The National Investigation Agency (NIA) of India has filed a supplementary chargesheet against four individuals in connection with a 2021
President Ranil Wickremesinghe Addresses G77+China Third South Summit in Kampala
President Ranil Wickremesinghe is currently delivering a keynote address at the Group of 77 and China (G77+China) Third South
Chinese Businesses Face Challenges Amidst Red Sea Freight Disruptions
The escalating disruptions to Red Sea freight are placing the survival of Chinese businesses at risk, as shipping costs surge,