People’s Bank records an all-time-high Profit before Tax in 1H 2025
People’s Bank yesterday said it reported an all-time-high Profit before Tax (PBT) of Rs. 28 billion in the first half of 2025.
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Sri Lankas to manage Public debt via Commonwealth Meridian software
Sri Lanka will begin using the Commonwealth Meridian software from next month to manage public debt as part of the economic recovery plan.
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Maga Engineering gets Rs. 1.2 bn contract to repair Southern Expressway
The Cabinet of Ministers on Monday approved awarding a Rs. 1.2 billion contract to Maga Engineering Ltd.,
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USS Tulsa (LCS 16), Combat Ship arrives, at the Port of Colombo
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CNL Reporter
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August 28, 2025
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News
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USS Tulsa
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The United States Embassy in Sri Lanka has announced the arrival of the USS Tulsa (LCS 16),
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Sri Lanka’s Fragile Recovery Overshadowed by Weak Governance and Politics
Weekly Economic Review
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Govt to award contract to local company to renovate section of Southern Expressway
The Cabinet of Ministers has granted approval to award the contract to a local company for the renovation of the section of the Southern Expressway between Kottawa and Dodangoda, covering 15 kilometers.
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Ex-IGP Deshabandu Tennakoon granted bail
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CNL Reporter
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August 27, 2025
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News, Political
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Ex-IGP
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Former Inspector General of Police (IGP) Deshabandu Tennakoon, who was arrested by the Criminal Investigation Department (CID), and subsequently remanded, has been granted bail.
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Ex-President Ranil to remain in ICU for two more days – National Hospital
Former President Ranil Wickremesinghe will need to remain in the Intensive Care Unit (ICU) of the Colombo National Hospital for approximately two more days,
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Sri Lanka Corporate earnings increase 56% in Q2 2025
Sri Lanka’s listed corporate earnings increased by 56% year-on-year (y-o-y) in Q2 to Rs. 152 billion,
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BOI to make Sri Lanka as an investment hub in South Asia
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CNL Reporter
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August 27, 2025
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News, Political
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BOI
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The BOI is positioning Sri Lanka as an investment hub in South Asia,
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