Sri Lanka has received firm assurances of support from international development partners following the devastation caused by Cyclone Ditwah, the Finance Ministry announced yesterday.
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Sri Lanka’s tourism revival received a timely lift yesterday as the luxury cruise ship Mein Schiff 6 docked at Colombo Port carrying more than 2,000 international visitors.
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Officials warn that the devastation wrought by Cyclone Ditwah may inflict Rs. 210–320 billion in economic damages, striking at the heart of key sectors such as agriculture, fisheries, transport, utilities, and supply networks.
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Sri Lanka’s Litro Gas Lanka has awarded its 2026 liquefied petroleum gas (LPG) supply contract to Switzerland-based Geo Gas Trading SA,
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Crisis-hit Sri Lanka risks crippling economic losses after recent cyclone and flood disasters.
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The collapse of Sri Lanka’s telecom grid during Cyclone Ditwah has thrust an unexpected player into national disaster response: Starlink,
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Sri Lanka’s 2026 Budget decision to reduce the VAT and Social Security Contribution Levy (SSCL) threshold from LKR 60 million to LKR 36 million is raising alarm among SMEs and consumers.
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Sri Lanka’s external sector is showing renewed strain as the current account fell into deficit for the second straight month, with October posting a USD 199.5 million shortfall.
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Sri Lanka’s extended ban on new oil-palm cultivation and crude palm oil (CPO) imports is emerging as a costly economic challenge, draining foreign exchange and crippling exports. Since April 2021,
Continue ReadingStarlink has extended free internet connectivity to Sri Lanka in the wake of Cyclone Ditwah, providing crucial support to citizens and authorities facing severe flooding and infrastructure damage.
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