News Sri Lanka Eastern: 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 Eastern: 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 Eastern: 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 Eastern: 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 Eastern: Sri Lanka seeks $1.5 billion Indian credit line to tide over crisis
During the recent visit to India, Lankan Finance Minister Basil Rajapaksa had sought a $ one billion credit line for essential imports and a $ 500 m credit line for petroleum imports, Cabraal told ET ...
News Sri Lanka Eastern: Tangled diplomacy of Sri Lanka’s currency crisis
Sri Lanka ends 2021 with foreign currency reserves in hand worth US$ 1.6 billion to support a month of imports. For much of the year, a shortage of dollars saw uncleared essential imports piling up at ...
News Sri Lanka Eastern: Sri Lanka signs deal to lease oil tanks to Indian Oil amid financial crisis
Sri Lanka on Thursday signed a deal with the local unit of Indian Oil Corp , Lanka IOC, to lease 75 oil tanks, as the island moved closer to securing a $500 million fuel credit line from India.
