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Gold climbs to record high as tariff worries bolster safe-haven demand

old prices extended their record run on Tuesday, hitting a record high buoyed by safe-haven demand as investors braced for U.S. President Donald Trump’s planned announcement on reciprocal tariffs. Spot gold was up 0.3% at $3,133.01 per ounce at 1147...

The controversy over grasslands in eastern Sri Lanka

A recently uprooted tree in the village of Kurivisuttakulam in Northern Sri Lanka. The land allocation for both the grassland and the paddy fields remains a contentious issue This article by Ishanka Singha Arachchi originally appeared on Groundviews, an award-winning citizen...
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No economy can sustain construction sector entirely dependent on govt investments’: CBSL Governor

The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector.  Speaking at ‘Construction Expo 2025’...

Sri Lankan Companies Shine at BioFach 2025

The Sri Lanka Export Development Board (EDB) successfully organized a country pavilion at BioFach 2025, the world’s largest annual organic trade fair, recently in Nuremberg, Germany. Nine Sri Lankan export companies participated in the event, showcasing a diverse range of...

NEDA’s Initiative to Bridge Research and Entrepreneurship development in Sri Lanka

Mr. Lakshman Abeysekera, the esteemed President/Director General of the National Enterprise Development Authority (NEDA). Micro, small, and medium-scale enterprises (MSMEs) are crucial drivers of economic growth, serving as the backbone of Sri Lanka's economy. These enterprises play a pivotal role...

Sri Lanka 2030 and Beyond: COYLE unveils vision for growth and entrepreneurial excellence

The Sri Lanka 2030 and Beyond Economic Summit and Entrepreneurial Awards, held on 5 March at Shangri-La Colombo, was a landmark event celebrating the resilience, innovation and ambition of Sri Lanka’s entrepreneurial community.  Organised by the Chamber of Lankan Entrepreneurs...

Full Responsibility for Collecting Total Tax Revenue Lies with the Inland Revenue Department

A meeting between President Anura Kumara Disanayake and officials of the Inland Revenue Department was held today (05) at the Presidential Secretariat. During the discussion, extensive attention was given to the strategies required to achieve the targeted revenue of the...

Biz confidence matches its all-time high – LMD

In an exclusive release to the Daily FT, leading business magazine says that “business confidence has nudged up to match its all-time high amid multiple sensitivities.”LMD notes, in its forthcoming March edition: “The LMD-PEPPERCUBE Business Confidence Index (BCI) reached its...

Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says

COLOMBO, Feb 17 (Reuters) - Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday as he unveiled a budget that is seen as a key step...

Boosting Small and Medium Scale Dairy Farming Success: Expert Insights for Sri Lankan Farmers

In a conversation with dairy farming expert A.C.H. Munaweera (Executive committee member at Sri Lanka Agriprenuers’ Forum, Ex. General Manager of NLDB, Ex CEO of Ambewela Dairy Complex, Lanka Milk Foods (CWE) PLC) we explore key strategies for small and...
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