News Sri Lanka: Sri Lanka exports to India surge 160% in five years
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News Sri Lanka: India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange
India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.
News Sri Lanka: US demand lifts Sri Lanka apparel exports to 2026 monthly high
Sri Lanka’s Joint Apparel Association Forum (JAAF) has reported that the country achieved its highest monthly export value for apparel and textile products in 2026 due to and increase in demand from key markets.
News Sri Lanka: No decision to privatize Sri Lanka port’s eastern terminal: Minister
No policy or administrative decision has been taken to lease or hand over the Eastern Container Terminal (ECT) of the Colombo Port to the private sector, Ports, Civil Aviation and Energy Minister Anura Karunathilaka told parliament today.
News Sri Lanka: Sri Lanka foreign reserves fall 6.2-pct in June 2026
ECONOMYNEXT – Sri Lanka’s foreign reserves fell 6.2 percent to US$ 6,450 million by end June 2026, from 6,873 million dollars a month earlier amid central bank purchasing US$70.5 million on a net ...
News Sri Lanka: EDB, IFC and EU strengthen export readiness of Eastern SMEs
The Sri Lanka Export Development Board (EDB), in collaboration with the International Finance Corporation (IFC) and the European Union (EU), successfully conducted the 7th Provincial ExpoNavigator Program under the Sri Lanka Export Excellence Initiative (SLEEI) 2026 on 9–10 June 2026 in Batticaloa. ..
News Sri Lanka: Sri Lanka’s Budget Tightens Taxes, Trims Discretion, and Seeks Space for China-India-IMF Balancing
The next 12 to 18 months, when the political and social costs of broader taxation and administrative centralization will become most visible, are crucial. The NPP took a cautious approach in its first ...
News Sri Lanka: Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
Sri Lanka's central bank raises rates by 100 basis points amid inflation and currency turmoil from the Iran conflict.
News Sri Lanka: ISIS 'funded Sri Lanka Easter bombings with Bitcoin donations'
ISIS allegedly funded the deadly Sri Lanka Easter bombings with Bitcoin donations. The April 21 attacks on hotels and churches in Sri Lanka killed more than 250 people, including 40 foreign nationals.
News Sri Lanka: Sri Lanka urged to stick to reforms as IMF programme nears end
By Uditha Jayasinghe COLOMBO, July 3 (Reuters) - Sri Lanka needs stronger public finances, more private investment and a faster accumulation of foreign reserves to ensure a lasting economic recovery as it looks beyond its $2.9 billion IMF programme, analysts say. A team from the International Monetary Fund wrapped up a visit to Colombo earlier this week as the island nation rebounds from a 2022
News Sri Lanka: Sustaining Sri Lanka’s Nascent Climate Finance Ambitions
Sri Lanka’s then-President Ranil Wickremesinghe speaks at the G77 and China Leaders’ Summit during the U.N. Climate Change Conference COP28 at Expo City Dubai on Dec. 2, 2023, in Dubai, United Arab ...
News Sri Lanka: Sri Lanka: World Bank Approves $150 Million to Strengthen Financial Sector
The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector. The Financial Sector Safety Net Project is designed to boost the financial and institutional capacity of the Sri Lanka Deposit Insurance Scheme (SLDIS), which is managed by the Central Bank of Sri Lanka.
News Sri Lanka: IMF urges Lanka not to meddle with exchange rate
Mission Chief for Sri Lanka, Evan Papageorgiou, yesterday said Sri Lanka’s current monetary policy stance remains “broadly appropriate,” despite the Central Bank of Sri Lanka’s (CBSL) recent 100-basis ...
News Sri Lanka: Sri Lanka stocks continue slide as interest shifts to fixed income
ECONOMYNEXT – The Colombo Stock Exchange closed down on Thursday, as investors shifted interest to fixed deposits and commercial paper following Sri Lanka’s rate hike, brokers said. The All Share ...
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 ...