Sri Lanka is expected to witness an increase in demand for beer going forward, as the high cost of living coupled with soaring inflation makes it a more affordable option, Fitch Ratings said.

The exaggerated negative portrayal of the current situation in Sri Lanka is taxing the hard-hit tourism sector, making it increasingly difficult to move towards the path of revival.

Inflation in capital Colombo, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), rose to 69.8 percent in September, from 64.3 percent in August, as the crisis-struck nation continues to battle with exorbitant pri

Sri Lanka Legends beat West Indies Legends by 14 runs in the semi-finals of the Road Safety World Series. Ishan Jayaratne and Nuwan Kulasekara starred as Sri Lanka Legends moved to the finals.

There is no force behind appointing former premier Mahinda Rajapaksa again. The Rajapaksa tide has already died down, Kalutara district Samagi Jana Bala (SJB) MP Kumara Welgama said.

Sales and exhibition of stamps, currencies and coins will be held at the public library lobby in Colombo until Sunday (October 2). Ceylon’s and Sri Lanka’s mint and used stamps, first day covers, souvenir sheets, stamps and postal stamps, curren

Field Marshal Sarath Fonseka and a senior lawyer today filed a Fundamental Rights petition in the Supreme Court seeking an order suspending the operation of the gazette notification issued by the President, declaring High Security Zones in Colombo ci

The Public Utilities Commission of Sri Lanka (PUCSL) has approved two hour and 20 minutes power cut for tomorrow (1) and day after (2).

The Supreme Court today ordered the Ceylon Electricity Board (CEB) to construct an auditorium for Thalawakele Tamil Maha Vidyalaya for its failure to build a new Auditorium as agreed in lieu of land acquisition to the Upper Kothmale Hydro Power Proje

Development of aviation infrastructure facilities of the Bandaranaike International Airport (BIA) are progressing well even amidst the economic crisis and that the enhanced facilities would be available for use by the end of 2024, Civil Aviation Mini

Colombo Municipal Council (CMC) allowed the Hellfire Music Festival to go ahead at Lotus Tower today with the new name “ Fire’ the Colombo Municipal council (CMC) said today.

A political tsunami will be highly likely by the end of October this year in which all corrupt politicians will be wiped off, former MP and Head of Samagi Vanitha Balawegaya Hirunika Premachandra said today.

Another consignment of medical aid worth USD 2.74 million donated by Hope Worldwide, an American humanitarian donor organization, and is due in Sri Lanka in the first week of October, the Embassy of Sri Lanka to the United States said.

Former President Maithripala Sirisena today filed a writ petition in Court of Appeal challenging the magisterial inquiry and issuance of summons against him in connection with the Easter Sunday attack incidents.

President Ranil Wickremesinghe proposed to establish an International University on Climate Change in Sri Lanka with the support of the Asian Development Bank (ADB) in order to enable students from any country in the world to engage in educational ac

The ICC announced that the winning side at the ICC Men’s T20 World Cup 2022 in Melbourne on November 13 would receive prize money of $1.6 million, with the runners-up guaranteed half the amount.

With the decrease in demand, fuel shortages and increase in leasing interests, the prices of several popular brands of vehicle in the market have decreased. Therefore, this is the appropriate time to buy vehicles, Vehicle Importers Association of Sri

A suicide bomb attack on an education center in Kabul has killed at least 23 people, most of whom are believed to be young women, in the latest sign of the deteriorating security situation in the Afghan capital.

Annual General Meeting of Sri Lanka Chamber of Medical Devices Industry for 2022/23 was held at the Hilton Hotel Colombo yesterday. Health Minister Keheliya Rambukwella participated in the event. Pix by Pradeep Dilrukshana

The World Children’s Day celebration held at the Sri Sangamiththa Girl’s School, Colombo 10. Several stage performances added colour to the event and the celebration was well attended by teachers and children of the school. Pix by Nimalsiri Ediri

Japan is prepared to ’’do its part’’ over Sri Lanka’s debt issue, but other creditors, such as China and India, should also be involved in efforts to resolve it, Finance Minister Shunichi Suzuki said Thursday.

The Rotary Club of Colombo Heritage hold 5th Installation Ceremony of the President and Board of Directors at a gala event at the Grand Ballroom of Movenpick Hotel. Pix by Nimalsiri Edirisinghe

A suspect wanted by the police over widespread robberies and chain- snatching was shot dead by police when he tried to attack an OIC of Police last night at Maduruvita in Gampaha.

Amid ill-slighted policy decisions, Sri Lanka’s privately-owned renewable energy Industry is seeing a total collapse within the next few months, as it is set to face increased losses from state-owned Ceylon Electricity Board (CEB), clearing the way

Several members of the Samagi Jana Balawegaya (SJB) of Colombo Central staged a protest last evening, demanding the government address several needs including lowering the prices of fuel and essential commodities and stop robbing. Pix by Pradeep Dilr

Showery conditions are expected to intensify to some extent in the south-western part of the country today and in the next few days, the Metrology Department said.

A special luxury intercity express train will run between Colombo Fort and Kandy every weekend from tomorrow (Oct. 1), Transport and Mass Media Minister Bandula Gunawardena said.

Fitch Ratings expects demand for spirits to weaken in the coming months amid the projected contraction in the Sri Lankan economy in the next 12 months, unprecedented inflation and the erosion of purchasing power of consumers due to deterioration in t

Sri Lanka has been successful in jumping up the ranking on the 2022 edition of the Global Innovation Index (GII), securing the 85th position in the world ranking and fifth in the regional ranking.

The poaching of wild animals in national parks has been increased because of the increase in chicken prices in the market, Sri Lanka Wildlife Conservation Officers’ Association (SLWCOA) said.