Mr. Mangala Wijesinghe, Chairman and Chief Executive Officer of the Export Development Board (EDB), together with the Director General and a team of senior officials, recently met with Hon. Hanif Yusoof the Governor of the Western Province at the Governor’s Office in Battaramulla to discuss strategies for enhancing Sri Lanka’s export performance, attracting investments, and…
A special discussion on Sri Lanka’s development plans for the 2026 – 2029 period, with the Asian Development Bank (ADB) as a key development partner, was held recently at the Presidential Secretariat, co-chaired by Secretary to the President Dr Nandika Sanath Kumanayake and ADB Country Director for Sri Lanka Ms Shannon Cowlin. The discussion was…
Senior business leaders, economists and international development experts, alongside the Prime Minister of Sri Lanka, will headline the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12 and 13 October 2026 at the Shangri-La Colombo. The Summit will open with a keynote address by Mr T. Krishnakumar, Chief…
Sri Lanka Tourism successfully participated in JATA Tourism Expo 2026, one of Japan’s largest international tourism exhibitions, held from 24th to 27th September 2026 at Tokyo Big Sight, Tokyo, Japan, in collaboration with the Embassy of Sri Lanka in Japan. Sri Lanka Tourism participated in the exhibition together with Sri Lankan Airlines and 22 Sri…
2026 YTD volume reaches 574,196 TEUs as port advances major capacity expansion towards two million TEUs Hambantota International Port (HIP) has surpassed one million TEUs in cumulative container throughput since the commissioning of new quay cranes in 2025, marking a significant milestone in the rapid growth of its container operations. The port handled 428,036 TEUs…
Fitch Ratings: Fitch Ratings expects Sri Lanka’s Islamic finance industry to grow over the medium term, supported by regulatory progress, rising political will, and expanding conventional-bank participation through Islamic windows. Sri Lanka’s Islamic finance industry exceeded USD1 billion at end-1H26. Sri Lanka has one of the highest Islamic finance penetration rates among countries with Muslim-minority populations….
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a…
IMF’s Dr. Woldemichael says more time needed for Sri Lanka’s seventh review discussions while Central Bank Governor Dr. Weerasinghe stresses stability as foundation for growth Sri Lanka’s transition from economic stabilisation to its next phase of sustainable growth took centre stage at the Sampath Bank Economic Forum 2026, where IMF Resident Representative for Sri Lanka…
The Minister of Finance, Planning and Economic Development and the President of Sri Lanka, Hon. Anura Kumara Dissanayake, and the Governor of the Central Bank of Sri Lanka, Dr. P Nandalal Weerasinghe, signed a new Monetary Policy Framework Agreement (MPFA) in terms of Section 26 of the Central Bank of Sri Lanka Act, No. 16…
Total tax revenue collected by the Inland Revenue Department (IRD) reached Rs. 2,040 billion by the end of the third quarter of 2026. According to an official media release issued today (02), total collections as of September 30, 2026, reflect a 24% increase compared to the corresponding period in 2025. During the first nine months…
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