The Central Bank of Sri Lanka’s “Annual Economic Review 2025” and “Financial Statements and Operations 2025” reports were presented this morning (20) at the Presidential Secretariat to the Minister of Finance, Planning and Economic Development, President Anura Kumara Dissanayake. The two reports were formally presented to the President by the Governor of the Central Bank,…
Sri Lanka’s storytelling excellence took centre stage at the Inspire Global Media Awards 2026, held recently in London, United Kingdom with a packed room of media glitterati. The Sri Lankan travel documentary produced by Mark Julian Edwards won the prestigious Television Broadcast of the Year at the ceremony, contested by BBC and Amazon TV. The…
The World Bank has projected Sri Lanka’s economic growth to moderate to 3.6% in 2026, reflecting a slowdown from the stronger recovery momentum seen in 2025, according to its April 2026 – South Asia Economic Update report. Despite the moderation, the global lender noted that the size of Sri Lanka’s economy is expected to recover to…
DFCC Bank PLC convened its 70th Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) at its Head Office, marking a significant milestone in the Bank’s seven-decade journey. The meetings brought together shareholders and proxy holders alongside the Board of Directors and Senior Management. All resolutions presented at the AGM, including the reappointments of Directors, were…
The Petroleum Dealers’ Association has written to President and Finance Minister Anura Kumara Dissanayake seeking his intervention over changes to the fuel dealers’ commission calculation method and the reduction of commission payments. In a letter addressed to the President, the Association stated it decided to bring the matter to his attention after attempts to resolve…
Sri Lanka’s delegation, led by Central Bank Governor Nandalal Weerasinghe, held discussions with senior officials of the International Monetary Fund and the World Bank Group, as well as rating agencies and investors, on the sidelines of the 2026 Spring Meetings. IMF Managing Director Kristalina Georgieva congratulated Sri Lanka on reaching a staff-level agreement on the…
Update on National Development Bank PLC The Central Bank of Sri Lanka (CBSL) continues to closely monitor on a day-to-day basis developments relating to National Development Bank PLC (NDB) following the disclosure of an internal fraud. CBSL wishes to inform the public that NDB in consultation with CBSL is finalizing arrangements to engage a leading…
The Embassy of Sri Lanka in Japan, in collaboration with the Export Development Board, successfully organized the Japan–Sri Lanka ICT Business Matching Event 2026 at the Minato City Industrial Promotion Center in Tokyo, bringing together leading stakeholders from Sri Lanka and Japan to strengthen collaboration in the digital sector. The event featured the participation of 10 leading…
Signs long-term Technology Services Master Agreement for the deployment of Bank-controlled payment infrastructure The Commercial Bank of Ceylon has announced that it has entered into a long-term Technology Services Master Agreement with Bancstac, to deploy a secure, compliant, scalable and fully bank-controlled payment processing infrastructure, reinforcing the Bank’s leadership in digital financial services. Commercial Bank…
Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in March 2026. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) increased to 66.7 in March 2026, supported by heightened activity related to seasonal demand. However, many respondents reported a tight production environment, mainly attributed to raw material and fuel shortages, rising costs,…
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