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 ...
News Sri Lanka: Sri Lanka to reduce drug prices by 16% as financial crisis eases
Sri Lanka will slash the price of 60 essential drugs by 16% from June 15, the Health Minister said on Tuesday, as the country sees a glimmer of relief from its worst financial crisis in decades. The ...
News Sri Lanka: Sri Lanka’s slow but steady economic recovery
In terms of the national economy, 2018 was a year to forget for Sri Lanka. During this time, the country missed a prime opportunity to take advantage of favourable economic conditions in order to ...
News Sri Lanka: LNG investment in Sri Lanka: A risky road ahead
For more than a decade, Sri Lanka’s ambition to secure a reliable energy future has centred on Liquefied Natural Gas (LNG) and Floating Storage and Regasification Units (FSRUs). The promise of LNG as a panacea for our persistent energy shortages has led to a string of announcements, proposals, and Memoranda of Understanding (MOUs). Despite repeated attempts and great expectations, no LNG proje ..
News Sri Lanka: Stop donating Sri Lanka’s tax revenue to foreign Governments: Time for a “Two-Basket” FDI strategy
For decades, Sri Lanka has wooed foreign investors with a familiar playbook: “Come to us, and we won’t tax your profits for multiple years.” This strategy of tax holidays and slashed corporate rates was once a ..
