Sri Lanka’s Dwindling Reserves Raise Alarm Over $7 Billion IMF Target
Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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Sri Lanka’s Democracy at a Crossroads: Arrests, Reforms, and the Struggle for Justice
Weekly Political Review
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Sri Lanka’s Fragile Recovery Overshadowed by Weak Governance and Politics
Weekly Economic Review
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Sri Lanka Corporate earnings increase 56% in Q2 2025
Sri Lanka’s listed corporate earnings increased by 56% year-on-year (y-o-y) in Q2 to Rs. 152 billion,
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Sri Lanka to offer concessional loans to draw youth to agriculture, industry
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CNL Reporter
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August 23, 2025
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News
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Sri Lanka
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The government is to implement concessional loan scheme for young Sri Lankans to enter into agricultural and industrial fields.
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Sri Lanka entered into a bilateral debt restructuring agreement with United Kingdom
The Government of Sri Lanka has entered into a bilateral debt restructuring agreement with the Government of the United Kingdom of Great Britain and Northern Ireland, marking a significant milestone in the country’s ongoing efforts to restore debt sustainability. The agreement, which follows the Memorandum of Understanding (MoU) signed with the Official Creditor Committee (OCC), includes a debt relief package …
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Fort Magistrate delays decision on Ranil Wickremesinghe’s Bail
The Fort Magistrate’s Court has still not made a decision on former President Ranil Wickremesinghe’s bail, which remains pending due to a power cut in the court premises. He appeared today under the custody of the CID. Fort Magistrate Nilupuli Lankapura initially paused court proceedings for 30 minutes, but the power cut extended the delay to more than an hour …
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Ex-President RW arrested by CID and Produced in Court
Former President Ranil Wickremesinghe was presented before the Fort Magistrate’s Court this afternoon under the custody of the Criminal Investigation Department (CID). A large crowd gathered outside the courthouse in Colombo, and security was tightened as supporters and media filled the area. Wickremesinghe was arrested by the CID this morning , 22 August 2025, shortly after arriving to provide a …
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England to tour Sri Lanka in 2026
The England and Wales Cricket Board (ECB) has announced that England’s men’s cricket team will tour Sri Lanka in early 2026 for a white-ball series ahead of the T20 World Cup 2026. The tour will feature three ODIs and three T20Is, beginning on January 22, 2026. The ODI leg will conclude on January 27, after which the teams will shift …
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BIA: flights up 16%, profits up 78%
Bandaranaike International Airport (BIA) has reported a substantial 16% increase in flight movements during the first six months of 2025 compared to the same period in 2024. This growth is accompanied by an impressive 78% surge in operational profit for the Sri Lanka Airport and Aviation Company over the same period. According to the Ministry of Transport, Highways, Ports, and …
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