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Government seeks investors for lands in Colombo, Kataragama

  • CNL Reporter
  • April 9, 2025
  • Investment
  • Kataragama
  • 0 Comments

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

  • CNL Reporter
  • April 9, 2025
  • News
  • 92-octane petrol
  • 0 Comments

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

  • CNL Reporter
  • April 9, 2025
  • Business News
  • Sri Lanka’s coffee
  • 0 Comments

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

  • CNL Reporter
  • April 9, 2025
  • Political
  • Adani
  • 0 Comments

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

  • CNL Reporter
  • April 9, 2025
  • News
  • GSP
  • 0 Comments

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

  • CNL Reporter
  • April 8, 2025
  • Political
  • Chamara Sampath
  • 0 Comments

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

  • CNL Reporter
  • April 8, 2025
  • Political
  • Donald Trump, President Dissanayake
  • 0 Comments

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

  • CNL Reporter
  • April 8, 2025
  • Political
  • Crime Bill
  • 0 Comments

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

  • CNL Reporter
  • April 8, 2025
  • Investment, News
  • Adani
  • 0 Comments

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

  • CNL Reporter
  • April 8, 2025
  • Business News
  • Trump
  • 0 Comments

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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