Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report.

The Colombo Stock Exchange (CSE) began the week on a positive note, despite a decline during the first hours of trading. However, the market regained strong momentum as the session progressed, with the All Share Price Index (ASPI) surpassing the 17,5

The Colombo Stock Exchange (CSE) closed the day and the week on a negative note, following a consistent upward trend earlier in the week. The All Share Price Index (ASPI) declined by 40.49 points, or 0.23%, to close at 17,394.45. Similarly, the S&P S

The Colombo Stock Exchange (CSE) closed on a positive note today, maintaining its upward trajectory with an increase of 81.89 points, or 0.47%, to close at 17,434.94. Similarly, the S&P SL20 Index recorded a gain of 27.12 points, representing a 0.55%

The Colombo Stock Exchange (CSE) closed on a positive note today, continuing its upward momentum. The All Share Price Index (ASPI) reached an all-time high of 17,414.55 and closed at 17,353.05 reflecting an increase of 138.66 points or 0.81%. Simil

The Colombo Stock Exchange (CSE) closed on a positive note today, with the All Share Price Index (ASPI) reaching an all-time high of 17,214.39, marking an increase of 234.50 points (1.38%). Similarly, the S&P SL20 Index also recorded an all-time high

The Colombo Stock Exchange (CSE) closed on a positive note today, marking a strong start to both the new week and the new month. The All Share Price Index (ASPI) maintained its upward momentum throughout the session, ultimately rising by 125.03 point

The Inland Revenue Department (IRD) has introduced a QR code to simplify the registration process for Taxpayer Identification Numbers (TINs), Commissioner General of Inland Revenue, Ms. R.P.G.H. Fernando said.

The Sri Lanka Customs said today that the delays in clearing imported vehicles have now been significantly reduced, with vehicles now being released within one and a half days, Additional Director General and Customs spokesperson Seevali Arukgoda sai

The Colombo Stock Exchange (CSE) closed on a strong positive note today, with increased market activity and steady investor buying. The positive trend was supported by strong company performances in the last quarter and growing investor confidence. M

The Colombo Stock Exchange (CSE) closed on a positive note today, driven by increased market activity and sustained investor interest. The upbeat momentum continues, supported by encouraging earnings reports that reflect strong performance across dif

The Colombo Stock Exchange (CSE) closed on a positive note today, marked by a significant increase in market activity. The highlight of the day was the exceptional turnover, which reached a yearly high of LKR 18.709 billion.

The Colombo Stock Exchange (CSE) posted its highest daily turnover for the year today, reaching Rs. 18.7 billion.

Sri Lanka’s biggest tourism expo, Sancharaka Udawa 2025, took place on 23 and 24 May at the BMICH with President Anura Kumara Dissanayake leading the launch.

The Colombo Stock Exchange (CSE) closed on a mixed note today, reflecting a slight decline in investor confidence and subdued market momentum. Market participants appeared cautious, with trading activity remaining relatively muted amid a lack of fres

The Lighthouse Hotel PLC announced the appointment of Dmitri Cooray as a new executive director to its board, effective May 23, 2025. The appointment was approved and recommended by the Nominations and Governance Committee and ratified by the Board o

The Colombo Stock Exchange (CSE) closed on a mixed note today, reflecting an overall optimistic market outlook, as investor sentiment remained positive following the interest rate cut announced yesterday. The momentum continued into today’s session

The Colombo Stock Exchange (CSE) closed on a positive note today, reflecting an overall optimistic market outlook.

Kaspersky has detected a series of targeted cyber attacks where fraudsters impersonated company CEOs to deceive finance departments into paying fake invoices. These sophisticated Business Email Compromise (BEC) attacks involved emails mimicking corre

The Board of Investment (BOI) of Sri Lanka today announced the launch of ’’BOI Accelerate,’’ an ambitious two-year transformation journey. The program is strategically designed to unlock the full potential of BOI Sri Lanka and significantly c

Sri Lanka’s Central Bank’s (CB) unexpected decision to cut its policy rate by 25 basis points to 7.75 percent risks pushing the nation’s economy towards overheating, according to a recent analysis by Bloomberg Economics.

The Monetary Policy Board has reduced the Overnight Policy Rate (OPR) by 25 bps to 7.75% at its meeting held yesterday, thereby easing monetary policy further.

The Colombo Stock Exchange (CSE) closed on a mixed outlook today. Market activity remained subdued, with dull momentum prevailing throughout the day, as investors largely adopted a wait-and-see approach ahead of the monetary policy announcement sched

While issuing a gazette notification, the government announced the national minimum monthly wage for all workers in any industry or service as Rs. 27,000, and the national minimum daily wage as Rs. 1,800.

China and Sri Lanka have stepped up bilateral cooperation in heritage-led tourism and cultural economy development, leveraging their historic trade links along the Maritime Silk Road to unlock new economic and diplomatic opportunities.

The Labour Department has resumed its public services, including the payment of funds to its members, after a temporary suspension for essential computer network maintenance work.

The Labour Department announced that several of its services, including the payment of funds to its members, will be temporarily suspended for three days starting tomorrow (21).

The Colombo Stock Exchange (CSE) closed on a negative note, reversing its recent upward momentum. The downturn was attributed to low investor activity during the day.

The Colombo Stock Exchange (CSE) commenced the week on a positive note, extending its upward momentum amid sustained investor confidence. The market surge was primarily driven by the continued optimism among investors, supported by a gradual easing o

The Colombo Stock Exchange (CSE) continued its bullish momentum, recording substantial volumes and turnover as the market closed above the 16,300 mark.