Sri Lanka has the potential to export coconut products worth US $ 2-3 billion, Nestlé Lanka Chairman and Managing Director Bernie Stefan emphasised at a […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
The Technocity Take a Strong Rs. 50 million Solidarity Effort to Rebuild Hope
The Technocity (Pvt) Ltd, Sri Lanka’s leading authorized IT distributor for globally recognized brands such as HP, ASUS, MSI, Lenovo, BenQ, Raidmax, and Kaspersky, has […]
Sri Lanka to get 3-year grace for $206mn emergency IMF loan, base rate 3.27-pct
Sri Lanka will pay approximately 3.275 percent plus surcharges for the $206 million Rapid Finance Instrument (RFI) loan, according to Evan Papageorgiou, IMF Mission Chief […]
Bar Association Urges President to Safeguard Independence of Right to Information Commission
The Bar Association of Sri Lanka (BASL) has raised serious concerns over the functioning and independence of the Right to Information Commission, calling on President Anura Kumara Dissanayake to take […]
Sri Lanka NDB’s green bonds get Fitch ‘BBB+(EXP)(lka)’ rating
Fitch Ratings has assigned an expected ‘BBB+(EXP)(lka)’ rating to National Development Bank’s (NDB) proposed green, social, and sustainable bonds, valued at 16 billion Sri Lankan […]
Growing investor participation fuels unit trust industry performance
Sri Lanka’s unit trust industry recorded a strong expansion in 2025, with assets under management (AUM) rising 16.5% year-on-year to Rs. 597 billion by the […]
Sri Lanka expects foreign investment to top 1.5 bn USD in 2026
Sri Lanka expects foreign direct investment (FDI) inflows to be between 1.5 billion and 2 billion U.S. dollars in 2026, a senior official told journalists […]
From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?
This morning taking a long, hard look at the “AKD Era”—or as some in the corridors of power might call it, the “Great Marxist Makeover.”Our […]
Cyclone Damage may be less than expected – Murtaza Jafferjee
“GOVERNMENT IS MORE CENTRE RIGHT THAN LEFTIST“ Murtaza Jafferjee the Chairman of the Advocata Institute, was very positive of Sri Lanka’s prospects notwithstanding the damages […]
IMF Executive Board Approves US$206 Million in Emergency Financial Support for Sri Lanka
The Executive Board of the International Monetary Fund (IMF) has approved emergency financial assistance for Sri Lanka under the Rapid Financing Instrument (RFI), granting the […]
Sri Lanka govt to compensate for damaged fishing boats through Cey Nor
The Sri Lankan government has announced a new compensation scheme for fishermen whose boats have been damaged or lost, following concerns over inadequate insurance payouts. […]
IMF approves USD 206 million RFI for Sri Lanka
The Executive Board of the International Monetary Fund (IMF) has approved emergency financing for Sri Lanka under the Rapid Financing Instrument (RFI), providing immediate access […]
Sri Lanka to use cash buffer for cyclone relief, $500mn in foreign finance: President
Sri Lanka will utilize a treasury cash buffer of 1,200 billion rupees to support cyclone relief and recovery efforts, according to President Anura Kumara Dissanayake. […]
Sri Lanka announces Rs. 500 compensation for layer chicken, Rs. 250 per broiler
The Sri Lankan government has announced compensation measures for chicken farmers affected by the recent devastation caused by Cyclone Ditwah. President Anura Kumara Dissanayake informed […]
Sri Lanka rupee weaker, bond yields up
Sri Lanka’s rupee ended trading on Friday at 309.50/60 against the US dollar in the spot market, weakening from 309.40/55 recorded the previous day, according […]
OCC agrees to SriLankan Airlines’ debt restructuring proposal: Treasury Sec
The Official Credit Committee (OCC), which is involved in Sri Lanka’s debt restructuring efforts, has agreed to the government’s proposal regarding the repayment of state-owned […]
SLT-MOBITEL, The Most Reliable Network, Becomes the First to Drive Sri Lanka’s Next Digital Transformation with 5G
SLT-MOBITEL, the National ICT Solutions Provider, has announced the public availability of its 5G network, marking a significant advancement in Sri Lanka’s digital transformation. With […]
Sri Lanka’s WindForce commissions 432.2kWp solar project in Maldives
WindForce, a Sri Lanka-based renewable energy company, has announced the successful commissioning of a 432.2 kWp rooftop solar photovoltaic (PV) power project at Joy Island […]