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IMF’s Dr. Woldemichael says more time needed for Sri Lanka’s seventh review discussions while Central Bank Governor Dr. Weerasinghe stresses stability as foundation for growth Sri Lanka’s transition from economic stabilisation to its next phase of sustainable growth took centre stage at the Sampath Bank Economic Forum 2026, where IMF Resident Representative for Sri Lanka…
Featured
Guest chefs from DoubleTree by Hilton Jakarta bring 10 nights of Indonesian classics and regional favorites to Colombo. Hilton Colombo presents ‘The Indonesian Table,’ a 10-day culinary showcase at Graze Kitchen from 8 to 17 October 2026. In collaboration with DoubleTree by Hilton Hotel Jakarta – Diponegoro, and DoubleTree by Hilton Jakarta Bintaro Jaya, the…
With a career spanning five decades and over 200 projects, Geoffrey Bawa (1919–2003) was one of the most influential twentieth-century architects in Asia. His architecture blends the principles of modernism with the rich architectural history of Sri Lanka, forming a distinctive oeuvre that includes private houses, schools, hotels, and factories, as well as the National…
Prepare for a theatrical experience that brings people together and celebrates life. The Peterite Arts Foundation, in proud association with World Vision Lanka, announces the showing of an amateur production arranged with Casarotto Ramsay & Associates Ltd. Every Brilliant Thing, the acclaimed solo play by Duncan Macmillan and Jonny Donahoe. Directed by Theruni Indrapala, the…
Ceybank celebrated its 35th anniversary recently, heralding a legacy of resilience, continuity and investment expertise built throughout three and a half decades. Having operated in diverse economic cycles and market transformations in Sri Lanka, the company’s longevity is evidence of institutional strength and the trust earned among generations of investors. The 35-year milestone was marked…
The FIA has announced the Automobile Association of Ceylon (AAC, Sri Lanka) as one ofthe Region II (Asia-Pacific) Champions of the FIA Innovation Challenge 2026. The AAC was named Champion for two projects including ‘AAC Mobility Lifeline’ developed in response to Cyclone Ditwah, and ‘Solar-Guard’ a solar-powered early-warning system. The FIA Innovation Challenge celebrates projects…
Top performers earn experiences spanning Hanoi and Ha Long Bay in Vietnam, and Beijing’s historic landmarks Ceylinco Life has once again turned exceptional sales performance into memorable experiences, rewarding 80 of its sales force with overseas tours to Vietnam and China as recognition for outstanding achievements in the Company’s sales competitions. The two groups, comprising…
For parents navigating the challenges of a child who struggles to communicate, use the toilet, or dress independently, everyday life can feel like an uphill battle. Fortunately, a scientifically proven framework offers a path toward independence. Applied Behaviour Analysis (ABA) draws on decades of rigorous research to understand human behaviour and teach life-changing skills. To…
-Annual event uniting principals islandwide for collaboration, knowledge-sharing and professional dialogue- British Council Sri Lanka, the market leader in delivering UK qualifications worldwide, hosted its annual Principal’s Forum on 17 September 2026. The event united principals representing every region in the island who are part of the British Council’s network of over 90 partner schools,…
Sampath GPay customers can enjoy 25% cash back on Book Fair purchases Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while…
Delivers superior HD voice clarity, modern Type-C charging, and nationwide 4G network performance, featuring the newly launched HMD 101 4G and HMD 102 4G HMD (Human Mobile Devices), the leading European mobile phone manufacturer and maker of Nokia phones, has partnered with Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, to officially introduce a new…
Top News
The Minister of Finance, Planning and Economic Development and the President of Sri Lanka, Hon. Anura Kumara Dissanayake, and the Governor of the Central Bank of Sri Lanka, Dr. P Nandalal Weerasinghe, signed a new Monetary Policy Framework Agreement (MPFA) in terms of Section 26 of the Central Bank of Sri Lanka Act, No. 16…
Total tax revenue collected by the Inland Revenue Department (IRD) reached Rs. 2,040 billion by the end of the third quarter of 2026. According to an official media release issued today (02), total collections as of September 30, 2026, reflect a 24% increase compared to the corresponding period in 2025. During the first nine months…
The Board of Directors of Lanka Walltiles PLC (LWL) has officially resolved to amalgamate its wholly-owned subsidiary, Vallibel Plantation Management Limited, into the parent entity immediately following the completion of a proposed Rights Issue. In official disclosures submitted to the Colombo Stock Exchange (CSE) by corporate secretaries P W Corporate Secretarial (Pvt) Ltd, the company…
Sri Lanka’s gem and jewellery industry is being called to take its place on a global platform as the JEWELS 2026 International Gem & Jewellery Exhibition & Competition takes place from 4–6 December 2026 at Colombo Lotus Tower. Organised by the Gemmologists Association of Sri Lanka (GASL) under the theme “From Sri Lanka to the…
The Asian Development Bank (ADB) has approved a $100 million results-based loan to help Sri Lanka transform its technical and vocational education and training (TVET) system, equip more young people with industry-relevant skills, and strengthen the country’s competitiveness and inclusive growth. The Skills Development System Transformation Program will support the Government of Sri Lanka’s efforts…
Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening yesterday, reflecting strong investor interest. The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of 12.75% interest payable annually, while the…
The SriLankan Airlines Flight Training team has successfully conducted a specialised Airbus A330 Line Flying Under Supervision (LFUS) programme for six senior training and examination pilots from Etihad Airways, underscoring the confidence placed by Etihad Airways in SriLankan Airlines’ training and operational capabilities, while further strengthening the professional relationship between the two national carriers. Five…
Following discussions with officials of the Central Bank of Sri Lanka regarding Foreign Exchange Regulations Nos. 01 and 02 of 2026 and the Order issued under Section 22 of the Foreign Exchange Act, the Committee on Public Finance (CoPF) approved the said Regulations and Order. The matter was considered at a meeting of the Committee…
Analysis
Sri Lanka’s investment climate remains challenging despite the country’s economic recovery, with foreign direct investment (FDI) inflows still well below levels commonly seen in emerging economies, according to the U.S. Department of State. In its 2026 Investment Climate Statement on Sri Lanka, the Department said FDI stood at US$1.06 billion in 2025, equivalent to around…
The barometer rises although a plethora of uncertainties lurk in the background From climate concerns to more high profile arrests and a busy bribery commission, Sri Lanka has seen no shortage of headline grabbing developments over the past month. And drug related arrests continue apace, although shootings show little sign of abating. The anticorruption drive…
The Asia Pacific Economic Corporation (APEC) is a regional economic forum founded in November 1989 to boost free trade, investment, and sustainable growth across the Pacific Rim (Ref. APEC). USA, Canada, Mexico, China, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Vietnam, Brunei, Australia, New Zealand, Russia and Thailand etc. are members of APEC. Though not…
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