Agriculture Ministry prepares cultivation plan to protect food security under El Niño
Deputy Minister Namal Karunaratne says a cultivation plan and water-management measures are in place to prevent a food shortage as El Niño conditions persist.
Deputy Minister Namal Karunaratne says a cultivation plan and water-management measures are in place to prevent a food shortage as El Niño conditions persist.
A delegation led by Industry Minister Sunil Handunnetti secured commitments in Victoria covering a 2,000-head dairy farm, apparel-sector recycling and a recycled-plastic 3D printing plant at Ekala.
The Department of Agriculture wants the Yala harvest to cover half of the 320,000 tonnes of big onions Sri Lanka consumes each year.
Ramalingam Chandrasekar told the Ampara district fisheries committee that Oluvil Port will also be developed with local and foreign investors.
Foreign investors bought a net Rs 1.35bn of Sri Lanka rupee bonds in the week to August 14, lifting holdings to a data-series high of Rs 194.2bn.
Bids for oil and gas exploration in four Mannar Basin blocks will be called this month after legal obstacles cleared, the Daily Mirror reports.
JICA delegation tells Ports Minister Anura Karunathilaka that work on the long-stalled Terminal 2 at Katunayake will begin before November.
CBSL's August Monetary Policy Report says headline inflation has accelerated sharply on energy costs and will remain above the 5% target before moderating.
Commercial Bank of Ceylon posted Rs17.49bn for the June quarter and became the first private banking group in Sri Lanka to cross Rs3 trillion in deposits.
The All Share Price Index rose 0.49% on Friday, lifted by Melstacorp, Sampath Bank, Dialog Axiata and Ceylon Tobacco. Turnover reached Rs2.24bn.
Pan Asia Bank crossed Rs 350bn in total assets for the first time, posting Rs 2.5bn first-half profit — though a tax reversal drove much of the quarterly gain.
President Dissanayake calls for stronger price controls via Lanka Sathosa and cooperatives, saying market competition alone cannot regulate prices effectively.
More than 100 projects begin under the 'Punarudaya Purawara' programme, starting in Madurankuliya, Puttalam and Agunukolapelessa.
The rupee firmed from 333.50/65 a day earlier, while yields on government bonds maturing between 2028 and 2037 closed lower, dealers said.
The bank's H1 profit after tax rose 13% to Rs 16.6bn, with second-quarter earnings up 69% on the previous quarter on loan recoveries and lower impairment.
Finance Ministry extends 50% vehicle import surcharge through December 31; exempts letters of credit opened before May 15.
Energy Minister says coal procurement for 2026/27 is settled with shipments due in September, while hydropower now meets 48% of electricity demand.
Officials told Parliament's public finance committee that digital security stamps on alcoholic beverages have not significantly raised tax revenue.
The state fuel entity opens a proposal process this month to find an investor to develop Mannar Basin natural gas, with bidders given about five months.
More than 50 public and private sector representatives met to strengthen Sri Lanka's National Eco-Labelling Framework under an EU-funded programme.
EU urges Sri Lanka to repeal PTA, Online Safety Act, decriminalise same-sex relations and adopt execution moratorium.
HNB Q2 profit up 0.3% to Rs 11.77bn on 30% jump in net interest income, boosted by last year impairment reversal.
The Inland Revenue Department warns of penalties for late payment, and says cheques and bank drafts received after the due date will also count as late.
Janashakthi to acquire 100% of Continental Insurance Lanka in phased tranches, starting with 81% controlling stake.