The 2026 amendments1 to the Colombo Port City Economic Commission (CPCEC) Act mark an important shift in Sri Lanka’s economic landscape. By harmonising national policy with global standards, these revisions improve governance, streamline oversight, and provide the regulatory certainty required for large-scale international investment. What do the 2026 CPCEC Act Amendments Unlock for Investors? Structured…
The Microfinance and Credit Regulatory Authority Bill was considered and approved by the Committee on Public Finance. This took place at a meeting of the Committee held in Parliament on 10.02.2026 under the Chairmanship of Hon. Member of Parliament Dr. Harsha de Silva, with the participation of Hon. Deputy Ministers Chathuranga Abeysinghe, (Dr.) Kaushalya Ariyaratne,…
Charting a new path for economic relations between Sri Lanka and Japan, the Sri Lanka–Japan Intergovernmental Economic Policy Dialogue was successfully held yesterday (16) at the Ministry of Finance, Planning and Economic Development auditorium. A key highlight of the programme was the signing and exchange of a Memorandum of Cooperation (MoC) between the relevant ministries…
The Sri Lanka Tourism Development Authority (SLTDA) reported that 159,339 foreign tourists arrived in the country during the first 15 days of February 2026, according to its latest statistics. Notably, nearly 35,000 tourists arrived over the final weekend of the period. Specifically, 11,201 tourists arrived on Friday (February 13), 12,565 on Saturday (February 14), and…
At the special invitation of Indian Prime Minister Narendra Modi, President Anura Kumara Dissanayake is scheduled to depart for India today afternoon (17) to attend the AI Impact Summit 2026. The summit, to be held under the patronage of Indian Prime Minister Narendra Modi, focuses on the responsible use of Artificial Intelligence (AI) for the…
The Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Riyadh and the Saudi Food and Drug Authority (SFDA), successfully conducted an informative webinar on the registration procedures and regulatory requirements for exporting products to the Kingdom of Saudi Arabia (KSA), with the participation of over 90 Sri Lankan…
The IMF Managing Director and a delegation, who arrived in the country to observe firsthand the damage caused by Cyclone Ditwah and its impact, are scheduled to visit the Gampola area this morning (17). Later in Colombo, discussions are scheduled with President Anura Kumara Dissanayake, Prime Minister Harini Amarasuriya, Central Bank Governor Nandalal Weerasinghe, and…
The Deputy Prime Minister of the United Kingdom, David Lammy is scheduled to arrive in Sri Lanka today (17). The visit will reaffirm the UK–Sri Lanka partnership while the Deputy Prime Minister is also expected to witness the UK’s humanitarian response to Cyclone Ditwah in Sri Lanka. During the visit, the Deputy Prime Minister is…
Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in January 2026. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.1 in January 2026. This reflects a month-on-month expansion in manufacturing activities at a slower rate compared to the seasonal peak in December 2025. All the sub-indices…
WindForce PLC and Vidullanka PLC have received Letters of Award from the Ceylon Electricity Board (CEB) to develop Battery Energy Storage System (BESS) projects under Sri Lanka’s first standalone grid-scale energy storage programme, according to disclosures filed with the Colombo Stock Exchange. WindForce announced it has been awarded 12 standalone BESS projects with a combined…
Video Story
