News Sri Lanka: Hackers steal millions from Sri Lanka's finance ministry destined to repay Australia
Cyber criminals have hacked Sri Lanka's finance ministry, stealing millions of dollars destined to repay Australia.
News Sri Lanka: Climate Finance Must Be Part of Sri Lanka’s Debt Solution
Sri Lanka’s President Ranil Wickremesinghe left, and France’s Foreign Minister Catherine Colonna pose as they arrive at the New Global Financial summit in Paris, France, June 22, 2023. Credit: Ludovic ...
News Sri Lanka: Sri Lanka’s Revolution Holds Lessons For Emerging Markets
People power protests over the past week have unseated Sri Lanka’s President Gotabaya Rajapaksa and sent its Acting Prime Minister Ranil Wickremesinghe into hiding, while the country’s ruling class scrambles to fill the resulting political vacuum.
News Sri Lanka: How Sri Lanka's economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country's economy stumbled. In May 2022, the government ...
News Sri Lanka: People’s Bank achieves milestone with Sri Lanka’s largest Rs. 25 b debenture issue
People’s Bank has reached a significant milestone with the successful completion of Sri Lanka’s largest debenture issue, mobilising Rs. 25 billion through a Basel III compliant, Tier 2, Unlisted, Rated, Unsecured, Subordinated, and Redeemable Debenture. ..
News Sri Lanka: Sri Lanka Shippers’ Council calls for urgent Govt. intervention to address fuel crisis
The Sri Lanka Shippers’ Council yesterday urged the Government to look into the increasingly deteriorating conditions for both exports and importers from the impacts of the Middle East war. Issuing a statement, the Council said it wished to draw the Government’s urgent attention to the growing challenges faced by exporters and importers due to the ongoing fuel shortage in the country. The cur ..
News Sri Lanka: Photos: How Sri Lanka’s forced organic transition crippled its tea industry
In the months leading up to Sri Lanka’s presidential election in November 2019, leading candidate Gotabaya Rajapaksa spoke about the need for leaders to implement policies without arguing about the law. It was important simply for politicians to understand national needs and to address them through national policies. He was speaking before a gathering of […]
News Sri Lanka: Rubber industry at a crossroads amid economic and structural stress
Sri Lanka’s rubber industry entered 2025 under mounting pressure from weakening global demand and policy uncertainty to persistent disease outbreaks, labour shortages, and rising production costs. ..
News Sri Lanka: Policy certainty: The real investment test for Sri Lanka in 2026
When Arjuna Herath assumed duties as Chairman of the Board of Investment of Sri Lanka, he quite correctly sent a clear message: Sri Lanka intends to position itself as an investor-friendly destination ...
News Sri Lanka: Economist warns debt strain, stagflation risks rising
Former Central Bank Deputy Governor Dr. W.A. Wijewardena has warned that Sri Lanka is entering a more vulnerable phase where Government debt sustainability, interest rate dynamics and growth prospects are increasingly exposed to external shocks, particularly from the ongoing Middle East conflict. ..
News Sri Lanka: Top Online Loan Providers in Sri Lanka: Comparing Interest Rates and Terms
In recent years, Sri Lanka has seen significant growth in the digital financial sector, with many online loan providers offering convenient, accessible options for borrowing money. Whether you’re ...
News Sri Lanka: How to Choose a Reliable Loan Application in Sri Lanka
The digital lending landscape in Sri Lanka has transformed dramatically over recent years. With numerous loan applications now available on mobile devices, borrowers have unprecedented access to quick ...
News Sri Lanka: IFC and AIA Sri Lanka partner to increase Sri Lankan women’s access to insurance, create more jobs
The FINANCIAL — Sri Lankan women, including female entrepreneurs, are expected to have increased access to insurance and more of a chance of a job in the insurance industry, in the wake of an ...
News Sri Lanka: Ceylinco Life is breathing life into Sri Lanka’s life insurance space
Sri Lanka is seeing a period of accelerated growth, but price hikes and inflation have squeezed the income of its inhabitants so less people are buying life insurance policies. It is crucial, ...
News Sri Lanka: Sri Lanka’s life insurance sector is preparing for a significant demographic shift
Sri Lanka has one of the most rapidly ageing populations in Asia. Ceylinco Life Insurance is helping to make sure the country is well prepared for this demographic shift Although Sri Lanka is ...
News Sri Lanka: Sri Lanka stocks close up despite market volatility amidst Middle East conflict
Sri Lanka is moving to formally recognize the economic value of unpaid care work, with the government finalizing a new National Care Policy, Deputy Minister of Women and Child Affairs, Namal Sudarshana said.
News Sri Lanka: Deputy HC in South India meets top Microsoft official, discusses AI collaboration with Sri Lanka
Microsoft Data and Artificial Intelligence (AI) Director Cecil Sunder met Deputy High Commissioner of Sri Lanka for Southern India Ganesanathan Geathiswaran at his office on 13 January. ..
News Sri Lanka: India doubles financial commitment to housing projects in Sri Lanka
Among numerous other schemes, under its High Impact Community Development Projects (HICDPs) framework in Sri Lanka, the government of India (GoI) has been extending financial assistance to three ...
