- Thursday
- June 26th, 2025
Bhathiya Barukanda
The easing of deflationary conditions that commenced in March 2025 continued into April 2025, in line with the Central Bank’s near-term projections. Accordingly, headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), ...
Speaker, (Dr.) Jagath Wickramaratne endorsed the certificate on the Proceeds of Crime Bill, on 30.04.2025, in Parliament. The debate on the Second Reading of the Proceeds of Crime Bill was held on 08.04.2025, and following the Second Reading debate, the...
The Ceylon Petroleum Corporation (CPC) has announced a fuel price reduction, effective from midnight today. Under the revised prices: Petrol Octane 92 will be reduced by Rs. 6, bringing the new price to Rs. 293 per litre. Petrol Octane 95...
The Head of South Asia Division, European External Action Service of the European Union Mr. Charles Whiteley stated that the European Union has a favorable perspective on the current GSP+ review process. He made these remarks during a meeting held...
The Head of South Asia Division, European External Action Service of the European Union Mr. Charles Whiteley stated that the European Union has a favorable perspective on the current GSP+ review process. He made these remarks during a meeting held...
The “Report of the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme” which was recently tabled in Parliament, has been handed over to the Attorney General by...
The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and updates the outlook for Sri Lanka’s...
Sri Lanka’s recently elected President Anura Kumara Dissanayake’s political coalition, the National People’s Power (NPP), won an overwhelming amount of support from the majority Sinhalese community as well as the minority Tamil community, receiving a historic supermajority in the November 2024 Parliamentary...
Following the death of Pope Francis, the Catholic Church begins an election process which has remained unchanged for 800 years. When the newly elected Pope Francis stepped onto the balcony of St Peter’s Basilica in 2013 to greet the crowd,...
A trade war between the world’s two biggest economies is now in full swing. Chinese exports to the US face up to 245% tariffs, and Beijing has hit back with a 125% levy on American imports. Consumers, businesses and markets...
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