BIA second runway ruled out until 2055 as master plan recommends existing-strip upgrades
Deputy Minister Kodithuwakku said an international consultant recommended modifications to BIA's 3,350m strip instead of a second runway through 2055.
Deputy Minister Kodithuwakku said an international consultant recommended modifications to BIA's 3,350m strip instead of a second runway through 2055.
Governor Weerasinghe told MPs on June 10 that the May 100bps OPR hike would arrest demand-driven inflation, after some 800bps of cuts since June 2023.
Citizens Development Business Finance ended March 2026 with Rs. 214.7 billion in assets, a 53 percent loan book jump and a record Rs. 4.5 billion profit.
The ASPI fell 191 points on Thursday, with DFCC, Commercial Bank and NDB driving the decline; Asia Asset Finance unveiled a Rs. 1.5bn rights issue separately.
The CSE warned Hela Apparel that trading will be suspended from June 18 unless it resolves an auditor's disclaimer tied to stalled debt restructuring.
The Asian Development Bank's Second Integrated Road Investment Programme will be launched June 13 under Health Minister Dr. Nalinda Jayatissa.
Oil rose over $2 a barrel after Iran's full Hormuz closure and fresh US strikes; American crude inventories have fallen 79 million barrels since the war began.
The rupee closed at 336.00/337.00 in the spot market on Thursday, weaker from 332.25/75 the previous day, as bond yields held steady, dealers said.
Iraq accounted for 15.31% of total Sri Lankan tea exports in 2025, followed by Russia at 8.39% and Türkiye at 8.27%, a senior tea-trade official said.
The codeshare-style partnerships expand connectivity through Riyadh and Dammam to 13 Saudia and 14 Flynas destinations including Karachi and Tashkent.
Consumer Affairs Authority raises MRPs across all bottled water sizes; 500ml–999ml rises to Rs. 80 and 5L–6.99L bottles to Rs. 400.
CBSL revoked Co-operative Leasing Company's finance leasing registration from June 10 over repeated breaches of reporting and consolidation rules.
CBSL warned investors to be wary of plantation schemes promising unusually high returns, stressing that company registration does not authorise public.
An Old Moor Street trader was fined Rs. 500,000 by the Colombo No. 5 Magistrate's Court after pleading guilty to selling Keeri Samba at Rs. 340 per kilo.
Colombo's ASPI fell 0.40% to 21,461.63 on Wednesday with CT Holdings down 7.81% and turnover at Rs. 1.67 billion; Bukit Darah and JKH led gainers.
Customs collected Rs.217.9 billion in May against a Rs.187.8 billion target as five-month revenue cleared 44 percent above plan.
Dhananath Fernando says CBSL sold close to US$220mn in May to absorb liquidity; below-market fuel prices distort the rupee and strain state finances.
Health Minister Nalinda Jayatissa says NMRA will consider a 6-7% drug price revision on June 30 as the rupee has fallen around 8% in six months.
PM Harini told Parliament the government will introduce energy storage systems to integrate 1,264 MW of wind and 2,071 MW of solar under the 2025–2030 plan.
ILCCI hosted a forum where Indian HC Pandey and Aritha Wickramasinghe stressed Sri Lanka's policy consistency and credibility for sustained Indian investment.
Japan handed over six refrigerated trucks and three ice machines under a 200 million Yen grant to cut post-harvest fish losses in Sri Lanka's North-East.
Kuwait's Interior Ministry limits domestic worker hiring to 10 source countries including Sri Lanka, banning recruitment from 27 others.
Sandun Hapugoda promoted Group Country Manager for Sri Lanka, Maldives, Bangladesh, Nepal and Bhutan; Mahesha Amarasuriya takes the Sri Lanka portfolio.
Ports Ministry extends the Mattala airport Expression of Interest deadline by a month after 47 parties initially respond to the call.