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Sri Lanka leads Asia’s best beaches in the 2026 Condé Nast Traveller Readers’ Choice Awards.Arugam Bay Beach takes the t...
14/10/2026

Sri Lanka leads Asia’s best beaches in the 2026 Condé Nast Traveller Readers’ Choice Awards.

Arugam Bay Beach takes the top spot in Asia with an outstanding score of 98.84. Bentota Beach, Tangalle Beach and Negombo Beach also rank among the continent’s top 20.

Railay Beach in Thailand places second, followed by Malaysia’s Coral Beach and the Philippines’ Boracay. The rankings reflect Condé Nast Traveller readers’ favourite beach experiences across Asia for 2026.

Sri Lankan scientist Themiya Nanayakkara has been part of an international team of researchers that discovered the oldes...
12/10/2026

Sri Lankan scientist Themiya Nanayakkara has been part of an international team of researchers that discovered the oldest fast radio burst ever recorded, originating from a galaxy approximately 10 billion years ago.

The groundbreaking discovery, published in the scientific journal Science, could help astronomers better understand the evolution of the universe and the vast network of matter known as the cosmic web.

The research team, led by University of Sydney astrophysicist Dr. Manisha Caleb, included Nanayakkara, who was identified as a co-author of the study.

The mysterious burst, named FRB 20240304B, was first recorded in 2024 by the MeerKAT radio telescope in South Africa.

Scientists subsequently used NASA’s James Webb Space Telescope to trace the signal to a small, actively star-forming galaxy that existed just three billion years after the Big Bang.

Fast radio bursts are extremely powerful flashes of radio waves lasting only a few milliseconds. Despite their brief duration, they can release as much energy as the Sun produces over several days.

Researchers believe these bursts may originate from highly magnetized neutron stars known as magnetars, although their precise origins remain uncertain.

Speaking to Australia’s ABC News, Dr. Caleb described the discovery as extraordinary, noting that the signal began its journey billions of years before the Sun and solar system existed.

10/10/2026

Prime Group officially commenced construction of The Elizabeth with a groundbreaking ceremony held on 8th October 2026, marking a new chapter in refined living along prestigious Bauddhaloka Mawatha, Colombo 07.

With thoughtfully designed two, three and four-bedroom residences, The Elizabeth brings together timeless elegance, private amenities and a vision of creating homes to be cherished for generations.

Piling work is being undertaken by Access Engineering PLC, laying the foundation for this landmark development.

According to the Asian Development Bank’s September 2026 Asian Development Outlook, Sri Lanka is forecast to record econ...
10/10/2026

According to the Asian Development Bank’s September 2026 Asian Development Outlook, Sri Lanka is forecast to record economic growth of 4% in 2026.

Taiwan is forecast to lead the rankings with 11% growth, followed by Kyrgyzstan at 8.9% and Vietnam at 7.8%.

India, Tajikistan and Uzbekistan are each projected to grow by 7%, while China’s growth is forecast at 4.6%.

Sri Lanka's economic growth is ranked 18th, among asia's fastest growing economies.

President Anura Kumara Dissanayake says the government aims to reduce Value Added Tax (VAT) rates over the next two to t...
09/10/2026

President Anura Kumara Dissanayake says the government aims to reduce Value Added Tax (VAT) rates over the next two to three years as part of efforts to provide financial relief to the public.

Speaking at a ceremony to present appointment letters to 1,540 new Grama Niladhari officers at Temple Trees on Thursday (Oct. 8), the President said the government was working towards reducing the tax burden on citizens while managing rising public expenditure.

“Our objective is to provide relief to the people by reducing Value Added Tax (VAT) rates over the next two to three years,” he said.

The President also stressed the need to remove taxes on essential educational materials, saying children should not have to bear a tax burden when purchasing books.

“If a child has to pay a tax when purchasing a book to read, we should remove that tax,” he said.

However, the President acknowledged that reducing taxes would require careful management of government expenditure, particularly as the administration implements salary increases for public sector employees.

He said the government’s decision to increase public sector basic salaries in three stages would result in an additional expenditure of Rs. 330 billion by 2027.

Prime Minister Dr. Harini Amarasuriya said that financial literacy in the country has increased from 35% to 58% as a res...
07/10/2026

Prime Minister Dr. Harini Amarasuriya said that financial literacy in the country has increased from 35% to 58% as a result of measures taken by the government.

The Prime Minister made these remarks while attending a programme held yesterday at the Colombo Stock Exchange (CSE).

The event was organized to mark the 40th anniversary of the Colombo Stock Exchange, promote financial literacy, and launch the Stock Market Game initiative.

The 40th-anniversary commemorative cover and stamp were also unveiled under the patronage of the Prime Minister.

Prime has been recognized for its contribution towards attracting significant Foreign Direct Investment (FDI) to Sri Lan...
06/10/2026

Prime has been recognized for its contribution towards attracting significant Foreign Direct Investment (FDI) to Sri Lanka through real estate, at Honor Roll & Business Awards 2026 presented by Australia Sri Lanka Business Council (ASLBC), marking another milestone in its three-decade journey of taking Sri Lankan real estate to the global stage.

The ceremony was held on 5 October 2026 at Pullman Melbourne on the Park, Melbourne, in the presence of The Right Honourable Lord Mayor Nicholas Reece, Her Excellency Yasoja Gunasekara, High Commissioner for Sri Lanka in Australia, The Honourable Richard Welch and Ms. Dilkie Perera, President of the Australia Sri Lanka Business Council. It acknowledges Prime Group’s efforts to promote Sri Lanka as a destination for real estate investments and connect overseas Sri Lankans and international investors with opportunities in the local real estate sector.

Prime has stood at the forefront of Sri Lanka’s real estate industry, shaping its evolution through bold innovation, industry-defining benchmarks and a relentless commitment to excellence. As Sri Lanka’s one of the largest listed real estate company, with an award-winning legacy, Prime continues to set the benchmark for the industry while creating enduring value and confidence for generations of investors.

A new subject covering entrepreneurship and financial literacy will be introduced for Grade 6 students from 2027 as part...
06/10/2026

A new subject covering entrepreneurship and financial literacy will be introduced for Grade 6 students from 2027 as part of Sri Lanka’s new curriculum reforms, Prime Minister Harini Amarasuriya has announced.

PM Amarasuriya said the broader curriculum reforms are designed to provide students from Grades 6 to 9 with knowledge of entrepreneurship and financial literacy.

As the first phase of the initiative, the new subject will be introduced to all Grade 6 students in 2027, she said while addressing a bell-ringing ceremony held to promote financial literacy.

The Prime Minister also highlighted programmes such as the Stock Market Game and school capital market clubs, which are aimed at giving schoolchildren and young people practical exposure to entrepreneurship and investment from an early age.

She stressed that financial literacy education should also have a strong focus on ethics and responsible financial behaviour.

John Keells Holdings PLC was presented with the awards for Sri Lanka’s Most Loved Corporate Brand and Sri Lanka’s Most R...
05/10/2026

John Keells Holdings PLC was presented with the awards for Sri Lanka’s Most Loved Corporate Brand and Sri Lanka’s Most Respected Entity for the years 2024 and 2025 at the LMD Awards Night 2025 held on 11th September 2025.

The Most Loved Corporate Brand awards were accepted by Gihan Cooray, John Keells Group’s Deputy Chairperson & Group Finance Director, while the awards for the Most Respected Entity were received by Krishan Balendra, Chairperson of the Group.

The National Medicines Regulatory Authority (NMRA) says the government’s estimated savings from regulating the prices of...
05/10/2026

The National Medicines Regulatory Authority (NMRA) says the government’s estimated savings from regulating the prices of 13 major high-priced medicines amount to Rs. 5.7 billion.

NMRA Chairman Specialist Dr. Ananda Wijewickrama made this statement at a media briefing held in Colombo today (01).

He further said that the savings to the public would vary depending on the medicines they purchase.

He noted that the medicines whose prices had been reduced are mainly those that patients require for long-term use.

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