BIA: flights up 16%, profits up 78%
Bandaranaike International Airport (BIA) has reported a substantial 16% increase in flight movements during the first six months of 2025 compared to the same period in 2024. This growth is accompanied by an impressive 78% surge in operational profit for the Sri Lanka Airport and Aviation Company over the same period. According to the Ministry of Transport, Highways, Ports, and …
Continue Reading
Sri Lanka’s sugar industry in crisis
Sri Lanka’s state-owned sugar industry, primarily represented by the Pelwatte and Sevanagala sugar companies, is currently navigating a profound crisis marked by significant financial distress, unpaid dues, and operational inefficiencies. While trade unions contend that long-standing issues remain unresolved, state officials indicate that arrears owed to farmers and suppliers have been settled, with the government now focusing on new development …
Continue Reading
Vietnam Awards Five Full Scholarships to Sri Lankan Students
Vietnam’s Cuu Long University has awarded five full scholarships to Sri Lankan students,
Continue Reading
CEB Profits Plunge amid Tariff Cuts and Rising Costs
-
CNL Reporter
-
August 18, 2025
-
News
-
CEB
-
0 Comments
Sri Lanka’s state-run Ceylon Electricity Board (CEB) reported a sharp drop in profits for the June 2025 quarter,
Continue Reading
US Navy Ship USS Santa Barbara Makes First Colombo Visit
USS Santa Barbara, an Independence-variant Littoral Combat Ship and part of the U.S. 7th Fleet, docked at the Port of Colombo this morning for its first-ever port call.
Continue Reading
Foreign company registrations in Sri Lanka rise in 1H2025
Sri Lanka is estimated to have recorded a sharp rise in foreign and joint-venture (JV) company registrations in the first half of 2025,
Continue Reading
Energy Minister to Face Corruption Charges, First in NPP Government
-
CNL Reporter
-
August 18, 2025
-
News, Political
-
NPP
-
0 Comments
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has decided to file action against Energy Minister Kumara Jayakody
Continue Reading
The wildfire in Utah,U.S. has burned more than 400 acres
The massive wildfire that hit Utah County, U.S., which started on August 17, 2025, at approximately 5:00 p.m., has now burned more than 400 acres. According to international news reports, it spread rapidly due to the dry grass and brush. An earlier report stated that the burned area was 250 acres, but it has since grown larger. At the moment, …
Continue Reading
Sri Lanka services augmented in July, driven by trade, finance, and transportation
Sri Lanka services activities expanded in July supported by growth in wholesale and retail trade,
Continue Reading
Ceylon Electricity Board reported profits of Rs 5.31 billion in 2Q 2025
Sri Lanka’s state-run Ceylon Electricity Board reported profits of 5.31 billion rupees in the June 2025 quarter, down from 34 billion rupees a year earlier,
Continue Reading
