Fitch Ratings: Institutional investor engagement across Asia in June 2026 reveals a strong focus on structural and increasingly embedded risks, Fitch Ratings says. Artificial intelligence (AI) disruption, private credit expansion and sovereign risk have dominated conversations among leading investment teams and official-sector participants in Hong Kong, Seoul, Singapore and Tokyo. AI and digital infrastructure overspend…
The start of the trading session at the Colombo Stock Exchange (CSE) was delayed today, July 1, due to a technical failure. In an official notice, the CSE informed participants that the Opening Market Auction Call has been further extended. A spokesperson for the Colombo Stock Exchange confirmed to ‘Ada Derana’ that the delay in…
The external sector performance continued to reflect the impact of the war in the Middle East, with the current account recording a deficit for the second consecutive month in May 2026. The external current account recorded a deficit of US$ 194 million in May 2026, mainly driven by the widened trade deficit, a moderation in…
Economic Recovery Must Deliver Real Benefits to the People – President Prudent Energy Crisis Response Demonstrates Commitment to Good Economic Policy – Ms Sonali Jain-Chandra Good indication of growth is continuing uninterrupted in the domestic economy – Mr Evan Papageorgiou An International Monetary Fund (IMF) delegation led by Ms Sonali Jain-Chandra, Deputy Director of the…
New Chairman and Members Appointed to the Board of Investment of Sri Lanka President Anura Kumara Dissanayake has appointed Presidential Senior Economic Adviser Duminda Hulangamuwa as the new Chairman and a member of the Board of Investment of Sri Lanka. The other members appointed to the Board are Vish Govindasamy, Harshani Randiligama, Mangala Karunaratne and…
DIMO has successfully developed four new solar power plants in the Galle district, adding a total of 18MW of clean energy capacity to Sri Lanka’s national grid, further strengthening its renewable energy portfolio. The utility-scale solar power plants situated in Rathgama and Akmeemana were developed through fully owned subsidiaries of DIMO as Independent Power Producer…
The Colombo Consumer Price Index (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) accelerated further in June 2026, as expected, reflecting the pass-through of continued upward adjustments to domestic energy prices due to the Middle East conflict. Accordingly, headline inflation (Y-o-Y) was recorded at 6.8% in June 2026 compared to 5.5% in May 2026. Non-Food inflation…
The Sri Lankan authorities’ prompt action amid the Middle East war helped preserve macroeconomic and social stability. Gains from their economic reform program provided space for policy response. Sustaining reform momentum remains critical to navigating the shock while preserving fiscal and external sustainability and continuing efforts toward building resilience and delivering strong, durable, and inclusive…
The Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, in collaboration with Port City Colombo, has co-authored and internationally published an academic case study and accompanying teaching notes for students, examining the project’s potential role in shaping Sri Lanka’s long-term economic future. Published by Nova Publishers, New York, USA, the study titled “Port…
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC), will host another investor forum as part of an ongoing island-wide initiative to broaden investor participation following a successful forum held last week. The second forum which will be conducted in English will be held on 9 July…
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