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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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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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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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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Solar boats clean Beira Lake
Sri Lanka has initiated a environmental project to restore Beira Lake in Colombo by deploying solar-powered electric boats designed to collect floating solid waste. This initiative, launched by the Western Province Governor’s Media Unit, aims to remove up to 3,000 kilograms of waste daily from the lake. The program began as a pilot project and is set to expand with …
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New Companies Act Balances Transparency Gains with Investment Concerns
Sri Lanka’s newly enacted Companies (Amendment) Act No. 12 of 2025, passed on August 4,
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