Sri Lanka posts Fiscal Surplus Amid Spending Crunch
Sri Lanka posted an overall budget surplus of 9.5 billion rupees for the first half of the year. This marks a major reversal from the steep 405.6 billion rupee deficit recorded during the same period last year....
The annual Kathina Punya Mahothsawa in America, led by youth.
The annual Katina Punya Mahothsawa was held in Atlanta Buddhist Maha Viharaya, Georgia under the guidance of the Chief Incumbent of the Atlanta Georgia Buddhist Maha Vihara and the Chief Sanghanayake of North America, Most Ven. Panamwela Vajirabuddhi Na Thera....
Weekly Political Review
Weekly Economic Review
Sri Lanka’s Democracy at a Crossroads: Arrests, Reforms, and the Struggle for Justice
Weekly Political Review...
IMF-Driven Company Law Reform Shakes Sri Lankan Corporates
Sri Lanka’s corporate sector is facing a sweeping transformation following the enactment of the Companies (Amendment) Act No. 12 of 2025, a key IMF-backed reform aimed at enhancing transparency and accountability....
Historic Bank Debenture Oversubscribed
Bank of Ceylon (BOC) successfully closed its historic Basel III compliant Tier 2 Debenture Issue. The issue was oversubscribed 3.8 times over its initial allocation on its opening day....
EU to fund €10 million for Sri Lanka Green Trade Project
The European Union has officially agreed to fund a major €10 million sustainable trade project with Sri Lanka. The strategic bilateral initiative will span over a four-year implementation phase....
Sri Lankan Rupee Eases as Yields Fall
Sri Lanka’s rupee closed slightly weaker at 332.75/80 against the US dollar spot. This marks a fractional depreciation from the 332.65/70 level recorded in the previous session....
Sri Lanka Yunnan Trade Framework Signed
The Ceylon Chamber of Commerce hosted a high-level business delegation from China’s Yunnan Province to implement new “Three Free,...
Fitch Upgrades Financial Institutions
Fitch Ratings has upgraded the National Long-Term Ratings of three major bank-owned non-bank financial institutions (NBFIs). The institutions include People’s Leasing and Finance PLC (PLC),...
Technological Shift Pushes Regulatory Risk Strategy
Addressing the FinTech Festival, Central Bank Governor Dr. Nandalal Weerasinghe stressed that digital financial integration will not come at the expense of consumer protection....
TRAVEL AND TOURISM
Sri Lanka FinTech Summit 2025 to Drive Sector Collaboration
The Sri Lanka FinTech Summit 2025, scheduled for September 24–25 at the BMICH in Colombo,...
Govt. approves national cyber protection operations center
The government has approved the establishment of a National Cyber Protection Operations Center under the guidance of the...
Sri Lanka to establish AI Hub in Asia-Pacific
Sri Lanka is set to be positioned as an AI hub in the Asia-Pacific region and to accelerate the systemic introduction of artificial intelligence acros...
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POWER AND ENERGY
New Hydro Power Association Head Eyes Stronger Sector Reforms
Newly elected Small Hydro Power Developers Association (SHPDA) President Pathmanatha Poddiwala has pledged to guide the renewable energy [...]
CONSTRUCTION
Maga Engineering gets Rs. 1.2 bn contract to repair Southern Expressway
The Cabinet of Ministers on Monday approved awarding a Rs. 1.2 billion contract to Maga Engineering Ltd., [...]
FASHION & EVENTS
Honey offering at Randoli Perahera
A group of indigenous people made a traditional honey offering during the first Randoli Perahera in Kandy today. This special ritual is done as a sign [...]
