Government seeks investors for lands in Colombo, Kataragama
Sri Lanka’s government is looking to lease land belonging to the Urban Development Authority in Colombo and Kataragama on a long term basis, Minister Nalinda Jayatissa said.
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CPC to buy 1.5mn barrels of 92-octane petrol from Vitol Asia
Sri Lanka’s Cabinet has approved awarding the contract to purchase 5 shipments of 92 petrol to Vitol Asia (Singapore) Pte Ltd, Cabinet spokesman Nalinda Jayatissa said.
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Sri Lanka’s coffee heritage trail launched
A ‘Coffee Heritage Trail’ showcasing the island’s history in growing the bean was launched in partnership with Tree of Life Nature resort in the island’s central hills city of Kandy,
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Adani-JKH $808mn Colombo terminal begins operations after Indian PM visit
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CNL Reporter
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April 9, 2025
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Political
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Adani
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The Colombo West International Terminal (CWIT), Sri Lanka’s first fully automated container terminal with an $800 million investment,
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Sri Lanka risks losing US$ 1.23bn in EU exports if GSP+ revoked
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CNL Reporter
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April 9, 2025
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News
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GSP
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Sri Lanka could face losses of up to US$ 1.23 billion if it loses its Generalised Scheme of Preferences Plus (GSP+) trade benefits with the
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MP Chamara Sampath granted bail
New Democratic Front (NDF) Parliamentarian Chamara Sampath Dassanayake, who was arrested over the alleged misappropriation of funds belonging to the Uva Provincial Council, has been granted bail.
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President Dissanayake has written to Donald Trump on US tariffs issue – Minister
President Anura Kumara Dissanayake has personally written to United States President Donald Trump on ways to mitigate the impact and reduce the tariffs imposed recently,
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Proceeds of Crime Bill in Parliament today
The second reading of the Proceeds of Crime Bill is scheduled to take place in Parliament today.
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Adani Ports shares rise nearly 4% as Colombo terminal operations commence
Adani Ports and Special Economic Zone (APSEZ) shares surged 3.6% to their intraday high of Rs 1,151.95 on the BSE on Tuesday
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Trump’s tariff shock wipes out Rs. 435 bn from CSE in three days
The latest import tariff measures introduced by US President Donald Trump on April 2 have triggered a global economic crisis, sending shockwaves through financial markets around the world.
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