Xi Jinping Laments Shoe Factory Fire’s Devastating Impact
President Xi grieves over the devastating consequences of a recent shoe factory blaze.
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Economy
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Sri Lankan Rupee Weakens Against USD as Exchange Rates Climb
The Sri Lankan rupee depreciated further against the US dollar on Friday. Commercial banks recorded higher exchange rates compared to the previous day.
Sri Lankan Rupee Edges Lower Against USD on Thursday Trading
The Sri Lankan rupee weakened marginally against the US dollar on Thursday. Both buying and selling rates rose compared to Wednesday's close.
Sri Lanka Railway Strike Called Off: Normal Train Services Resume
Railway controllers withdrew planned trade union action. Commuters can expect normal train services across the island today.
Hayleys Obtains Enjoining Order Against Wimal Weerawansa
Kaduwela District Court issues enjoining order against former MP over alleged defamatory statements made against conglomerate Hayleys PLC.
Central Bank Sets Dollar at Rs. 332.38 Buy, Rs. 342.08 Sell
The Central Bank of Sri Lanka has announced today's exchange rates with the US dollar buying price at Rs. 332.38. The selling rate stands at Rs. 342.08.
Private Buses to Slash Services by 50% Over Fare Dispute
Commuters face major disruptions as private bus operators cut services by half over mounting losses and government's refusal to grant fare relief.
179 Urea Bags Confiscated in Fertilizer Price Scam in Matara
Matara court fines fertilizer distributor and dealer for selling urea at inflated prices. CAA confiscates 179 bags in crackdown.
CSE Ends Week Lower as Friday Profit-Taking Erases Early Gains
The Colombo Stock Exchange closed marginally weaker on Friday. Profit-taking erased intraday gains despite a positive opening.
Rupee Depreciation Not an Economic Crisis, Says Deputy Finance Minister
Deputy Finance Minister Dr. Anil Jayantha Fernando dismisses rupee depreciation concerns. He says claims of economic crisis are misleading.
Oil Prices Surge as Iran Suspends US Talks, Market Volatility Rises
Oil prices extend gains sharply after Iran halts diplomatic talks with Washington. Global energy markets brace for prolonged uncertainty.
US Dollar Selling Rate Surpasses Rs. 335 in Sri Lanka
The US dollar selling rate has crossed Rs. 335 for the first time, according to Central Bank figures. The depreciation signals fresh pressure on Sri Lanka's currency.