David Pieris Group Launches Social Empowerment Drive from Batticaloa
Reinforcing its longstanding commitment to community development and inclusive social progress, the David Pieris Group officially launched its Social Empowerment Drive – Batticaloa, a comprehensive five-day community outreach initiative, on...
Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
Oil prices settled up more than 9% on Monday at a one-month high after news that a United States' naval...
CBL Group appoints Sheamalee Wickramasingha as Chairman
CBL Investments Limited and its group of companies (CBL Group), one of Sri Lanka's leading and most diversified food manufacturing...
Home Lands Breaks Ground on ‘Central Park Boulevard Port City Colombo’, Commencing Construction of The Indian Ocean's Next Wonder
Market leader, Home Lands Group, officially commenced construction of Central Park Boulevard Port City Colombo with a ceremonial groundbreaking held...
Arjun Jeger of DC Group Named in Campaign Asia’s 40 Under 40
Colombo, Sri Lanka: Arjun Jeger, Co-Founder and Managing Partner of DC Group, has been named to Campaign Asia’s prestigious 40...
A New Global Marina Front Address for Sri Lanka Presented by Prime & Melwa
Prime and Melwa have unveiled the Prime Marina Sales Suite at Port City Colombo, a first of its kind in...
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US Dollar selling rate surpasses Rs. 350
The Sri Lankan Rupee continues to weaken against the US Dollar amidst multiple factors including the ongoing conflict in the Middle East. The selling rate of the US dollar...
about 2 months ago
Sri Lankan Rupee weakens further as US Dollar hits highest level since Dec. 2023
The Sri Lankan Rupee came under further pressure today as the selling rate of the US Dollar rose to Rs. 329.92, marking the highest recorded rate since December 27, 2023....
2 months ago
Sri Lanka’s tourist arrivals exceed 840,000 so far this year
The Sri Lanka Tourism Development Authority (SLTDA) stated that the number of tourist arrivals in Sri Lanka so far has crossed the 840,000 mark. Accordingly, a total of 840,411...
3 months ago
Migrant worker remittances increase 26.5% in 1Q 2026
Remittances sent by migrant workers to Sri Lanka have increased by 26.5% in the first quarter of this year compared to the same period last year, according to the Sri...
3 months ago
Gas Stocks and Supply Situation Remain Stable – Continuous Supply Assured
Currently, gas stocks in the Maldives’ Floating Storage are sufficient for the entire month of April, and all required stocks have been successfully received. A vessel carrying 32,400 metric...
3 months ago
Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. ...
3 months ago