Reuters – Sri Lanka expects its economy to expand by more than 5% next year, matching this year’s pace and significantly outstripping IMF projections, partly driven by reconstruction efforts following Cyclone Ditwah, a senior minister told Reuters on Wednesday. The storm hit in late November, killing nearly 650 people and affecting about 10% of Sri Lanka’s 22…
The David Pieris Group continues to strengthen its international presence with the acquisition of 50% ownership in Navire Logistics Services L.L.C, (www.navirelogistics.com) a reputed logistics company based in Dubai and Oman. This strategic move marks a significant milestone in the Group’s journey towards expanding its operations beyond Sri Lanka and positioning itself in the international…
The Market Readiness and International Market Access Workshop for Small and Medium Enterprises (SMEs) in the Information Technology sector, organized by the Information and Communication Technology Agency of Sri Lanka (ICTA), was held yesterday (16) at the Auditorium of ICTA. This workshop is the fourth session in a series of programs conducted under the initiative…
Considering the traffic disruption for agricultural pension period 2025.12. The Commanent and Agricultural Insurance has announced that it will extend till 31st. Accordingly, farmers can receive December retirement at related post offices or sub bridges during working days throughout December. Currently 178753 farmers are getting agricultural pension and 6312 people are getting fisherman pension. 413…
The IPO of WealthTrust Securities Limited (WTS) was oversubscribed within minutes, prompting closure at 4.30 p.m. The Issue offered 71,548,244 Ordinary Voting Shares at LKR 7 each to raise LKR 500,837,708, and will list on the Diri Savi Board of the Colombo Stock Exchange. A Primary Dealer authorised by the Central Bank of Sri Lanka…
The IMF Executive Board is scheduled to review Sri Lanka’s request for emergency financial assistance amounting to SDR 150.5 million (approximately USD 200 million) under the Rapid Financing Instrument (RFI) on December 19, 2025, according to the IMF Executive Board calendar. The request follows the widespread destruction caused by Cyclone Ditwah, which severely affected several…
India Times – Indian travellers are changing their winter holiday choices, with Sri Lanka emerging as the fastest-growing destination this season, according to a report by Atlys. Sri Lanka has seen a five-fold rise in interest compared to winter 2024, while South Africa and Oman have recorded nearly three times growth among Indian travellers. As per…
A total of over 2.2 million tourists have reportedly arrived in the country so far this year. According to Sri Lanka Tourism Development Authority (SLTDA), as of yesterday (15), 2,208,000 tourists had arrived in the country.
Proud to have represented the Sri Lanka Export Development Board (EDB) at the “Improving Transparency for Sustainable Business (ITSB)” Capacity Building Session held on 26th November 2025 at Cinnamon Grand, Colombo. This programme focused on enhancing the knowledge of our stakeholders, particularly SMEs and supply chain partners, on reporting frameworks, due diligence expectations, traceability requirements,…
The Cabinet of Ministers has granted approval to co-host the 2026 Asian Regional Debt Management Conference in Sri Lanka. The Asian Regional Debt Management Conference, hosted annually by the Asian Development Bank, provides an opportunity for debt managers from the Bank’s member countries to share experiences in the field of public debt management, discuss challenges,…
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