United Petroleum Exit Raises Fears Over Sri Lanka Fuel Reform
Sri Lanka’s push to liberalise its petroleum sector has been dealt a major setback with the sudden withdrawal of Australian energy giant United Petroleum,
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BIA Expansion Revives, But NPP Focus Risks New Delays
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CNL Reporter
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August 31, 2025
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News
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BIA
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The long-delayed expansion of Bandaranaike International Airport (BIA) has restarted with renewed financing from the Japan International Cooperation Agency (JICA),
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Colombo Inflation Inches Up Despite Deflationary Measures
Sri Lanka’s capital Colombo has recorded a modest rise in inflation over the past 35 months,
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Underworld figures including ‘Kehelbaddara Padme’ brought back to Sri Lanka
The high-profile underworld figures, including ‘Kehelbaddara Padme’,
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Central Bank Independence Vital for Stability and Recovery – Governor Weerasinghe
News of the day
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Banks Warn of Phishing Scams as Lending Sentiment Rises amid Recovery
Sri Lankan banks have raised fresh red flags over the growing threat of phishing scams targeting online banking users,
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Sri Lanka Misses Key Fisheries Survey as Government Fixates on Politics
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CNL Reporter
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August 30, 2025
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Political
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Politics
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Sri Lanka lost a crucial chance to assess its rapidly declining marine resources after the UN Food and Agriculture Organization’s (FAO) research vessel Dr Fridtjof Nansen was denied permission to conduct a fisheries survey in local waters due to bureaucratic delays.
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Commercial Bank Becomes First Sri Lankan Bank to Cross USD 1 Billion
The Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to achieve a market capitalisation of over USD 1 billion,
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Sri Lankan MP’s delegation meets India’s Speaker, boosting parliamentary ties
In a significant step towards deepening democratic ties,
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Govt. awards six-month petrol supply deal to Aditya Birla Global Trading
The Government yesterday announced that the Cabinet of Ministers had approved awarding a six-month contract to Aditya Birla Global Trading (Singapore) Ltd.,
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