President Anura Kumara Dissanayake says Sri Lanka has recorded improvements in its international standing across several key sectors, with progress reflected in a range of global rankings and assessments. Delivering the 2027 Budget speech in Parliament, the President said these improvements had been achieved despite the numerous economic and other challenges faced by the country. […]
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The Ceylon Chamber of Commerce has welcomed the broad direction of Budget 2027, stating that timely implementation of the proposed reforms will be crucial to translating policy commitments into investment, exports and sustainable economic growth. In a statement, the Chamber said the Budget reinforces Sri Lanka’s commitment to economic transformation while maintaining policy continuity, macroeconomic […]
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Total vehicle registrations declined 12.1% month-on-month to 47,628 units in October from 54,214 in September, reflecting a broad-based contraction across most major vehicle categories, according to JB Securities. Two-wheeler registrations fell 13% to 33,722 units, while motor car registrations declined 17.9% to 2,802. SUV and crossover registrations dropped 13.8% to 3,399 units. Pickup and commercial […]
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Nations Trust Bank PLC (NTB) recorded a strong financial performance for the nine months ended 30th September 2026, supported by sustained growth across its key business segments and continued earnings momentum. The Bank recorded a Profit After Tax (PAT) of Rs. 20 b, while maintaining healthy asset growth and a strong balance sheet during the […]
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The CSE yesterday kicked off on a positive note but later turned negative due to profit- takings engrossing investors. Amid those developments both indices moved downwards. The All Share Price Index went down by 90.46 points, while the S and P SL20 declined by 27.74 points. Turnover stood at Rs 4.8 billion with nine crossings. […]
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The Sri Lankan Government has gazetted the proposed Public-Private Partnership Bill, paving the way for the establishment of a dedicated National Agency and a legal framework to promote and facilitate public-private partnership (PPP) projects in the country. The Bill, titled Public-Private Partnerships Bill, provides provisions for the establishment of a National Agency for Public-Private Partnerships […]
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A high-level business delegation from South Korea met with Minister of Industries and Entrepreneur Development Sunil Handunnetti to discuss potential bilateral collaborations in Sri Lanka’s graphite mining sector. The meeting was headed by renowned actor and film personality Gagan Malik—widely celebrated by Sri Lankan audiences for his iconic portrayal of Prince Siddhartha in the acclaimed […]
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Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday described the 2027 Budget, to be presented today by President Anura Kumara Dissanayake, as a long-term economic transformation plan aimed at moving Sri Lanka towards upper-middle-income status. He said the Budget would set out a phased pathway, supported by strategies, specific actions and priority-based resource […]
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Landmark achievement brings highly complex transplant care closer to home while expanding Sri Lanka’s capacity to deliver advanced pediatric care Sri Lanka has taken an important step forward in advanced pediatric healthcare with Hemas Hospital Wattala successfully performing the country’s first pediatric liver transplant within the private healthcare sector. The milestone expands the treatment options […]
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The flagship event, under this year’s theme of ‘Evolve’, will convene leading policymakers, central bankers, institutional asset managers and technology leaders. Binance, the leading global financial platform powered by blockchain, today announced the first wave of speaker line-up for the Binance Blockchain Week (BBW) Bangkok 2026. The flagship event returns to Asia on November 28-29, […]
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