Sri Lanka’s vehicle imports exceeded USD 2 billion in 2025, according to the External Sector performance data for December 2025 issued by the Central Bank of Sri Lanka (CBSL). Vehicle imports, including personal and commercial vehicles, amounted to USD 301 million in December 2025, bringing the total vehicle import bill for the year to USD…
In the recent years Sri Lankans saw some conflicting inside Cybercrime centres while seeking greener pastures in the jungles of Myanmar. Chinese nationals were largely blamed for running these centres. Eleven such gangsters were executed following a ruling by the Supreme People’s Court (SPC) of China for crimes including intentional homicide, intentional injury, illegal detention,…
Sri Lanka today marked 30 years since the terrorist attack on the Central Bank headquarters in Colombo, which claimed the lives of 41 Central Bank employees. A commemorative event was held at the Central Bank premises with the participation of Central Bank Governor Dr. Nandalal Weerasinghe and other officials. Floral tributes were laid at the…
The Colombo Stock Exchange recorded losses for the second consecutive trading day today (30), even as the market maintained a strong overall performance for January. The All Share Price Index (ASPI) declined by 88.58 points to close at 23,812.31, while the S&P SL20 Index fell by 14.51 points to 6,641.15. Despite the day’s downturn, the…
Fracspace, the global real estate and lifestyle development platform known for its disciplined, experience-driven approach to property creation, has formally announced its strategic entry into Sri Lanka through Altaira—its flagship international development and a considered step in the company’s global expansion journey. Recognised by Forbes India DGEMS 2024 as one of the top 100 fastest-growing…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased to 67.1 in December 2025. A majority of firms reported a notable expansion in construction activities during the reference period, despite initial operational disturbances caused by adverse weather conditions. The New Orders Index remained expanded in…
The overall rate of inflation as measured by the CCPI on Y-on-Y basis is 2.3% in January 2025 and Y-on-Y inflation calculated for the month of December 2025 was 2.1%. The Y-on-Y inflation of Food Group increased to 3.3% in January 2026 from 3.0% in December 2025 and the Y-on-Y inflation of Non Food Group remained…
The Bank of Ceylon (BOC) marked the listing of its inaugural Basel III–compliant Tier II Sustainability Bond with a bell ringing ceremony at the Colombo Stock Exchange, formally recognizing the largest sustainability bond issuance ever undertaken in Sri Lankan history and the first by a state-owned bank. The ceremony, was attended by the Chairman, members…
Lord Marland of Odstock, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), will undertake an official visit to Sri Lanka on February 9th and 10th, 2026. The visit underscores the CWEIC’s commitment to supporting Sri Lanka’s economic trajectory and fostering deeper integration within the Commonwealth’s global trade network. During his two-day mission, Lord Marland…
New Brand Finance data shows Sri Lanka gaining ground globally as a recommended destination to invest in, work in, and visit, while retaining its distinctive strength in tourism and culture • ‘Ease of doing business in and with’: Sri Lanka ranks 79th globally, signaling growing confidence in its regulatory environment • Tourism perceptions strengthen: Sri Lanka rises…
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