Trincomalee Port runs first-ever triple vessel operation, expects over Rs.300M in revenue
Trincomalee's Ashroff Jetty handled three vessels simultaneously for the first time, mixing Mannar wind tower cargo, steel rods and 55,000 tonnes of coal.
Trincomalee's Ashroff Jetty handled three vessels simultaneously for the first time, mixing Mannar wind tower cargo, steel rods and 55,000 tonnes of coal.
Cargills (Ceylon) March quarter profit rose 31% to Rs.2.63bn on retail and FMCG growth, taking the group's store network to 560 outlets island-wide.
Sri Lanka's CPC raised petrol, diesel and kerosene prices from midnight May 30, with petrol 95 up Rs.25 and 92 up Rs.24 — a day after MD said no reduction.
Customs collected Rs.100.1bn in 26 days of May, hitting the Rs.187.8bn target early as fifth-month streak builds to 51 percent of annual goal.
CHEC met with Sri Lanka's Dubai consulate to discuss recruiting 2,000 skilled and semi-skilled workers for the Al Maktoum International Airport expansion.
Foreign investors sold a net Rs.7.328bn ($22.55mn) in Sri Lanka government securities in the week ended May 27, taking three-week outflows past $51mn.
Sri Lanka's Construction PMI fell to 45.7 in April as petrochemical input shortages and labour gaps slowed work, even as road projects kept new orders high.
Sri Lanka's current account flipped to deficit in April as the trade gap hit $3.7bn for Jan-Apr, fuel imports surged and tourist earnings fell 38.8%.
Aitken Spence Printing is the first Sri Lankan offset printer to win a WorldStar Award, taking the 2026 Luxury Packaging category at the Düsseldorf event.
President Dissanayake said an Investment Protection Act will be rushed through Parliament and warned 25% US export exposure leaves Sri Lanka vulnerable.
The rupee has weakened 5.4% against the US dollar in 2026, with gross official reserves at $6.77 billion at end-April, the CBSL Weekly Indicators show.
Ceylon Chamber welcomed the IMF Board's approval of Sri Lanka's combined fifth and sixth EFF reviews and urged the government to sustain reform momentum.
Sri Lanka's headline CCPI rose to 5.5% in May from 5.4% in April as non-food inflation climbed to 7.8% while food inflation eased sharply to 0.9%.
Ministry of Energy data shows Ceylon Petroleum losing Rs.35 per litre on Petrol 92, Rs.367 on Auto Diesel and Rs.325 on Kerosene against May import costs.
CPC says fuel reserves are sufficient through September, with a US 89,000 MT tanker just in and another due 31 May; a fuel price decision is set for Monday.
CPC MD says global prices remain above pre-Middle East-conflict levels; June revision shifts to today as the May 31 deadline falls on a Sunday.
Colombo's ASPI gained 381 points over the week to close at 22,310.80, while Aitken Spence reported a 25.2% jump in Q1 profit and declared a Rs.4 dividend.
IMF Mission Chief Papageorgiou says Sri Lanka's debt risks remain elevated but the trajectory is improving after the combined fifth and sixth review approval.
Japan and FAO launched a USD 1.33 million project to restore Eastern Province freshwater fisheries after Cyclone Ditwah, with 200 fish cages on 30 reservoirs.
NSB Group posted Q1 2026 PBT of Rs. 11.8bn and net interest income up 8.1% to Rs. 21.8bn, rounding out the Q1 results season for major Sri Lankan banks.
Sri Lanka opened Phase 2 of its plantation investor program, offering estate land, tea factories and bungalows in seven districts to local and foreign bidders.
The Sri Lankan rupee fell Rs.4 against the US dollar on Friday, with the CBSL selling rate climbing to Rs.334.24 — the sharpest single-day move this cycle.
SLPA Chairman Dr. Parakrama Dissanayake says the port sector can attract $2bn over one to three years through expansion, logistics infrastructure and PPPs.
Sri Lanka's April fuel import bill surged 149.9% year-on-year to $886mn — 36% of total monthly imports — as Middle East conflict lifted prices.