Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka sells Rs113bn in Treasury bills, yields mostly flat
EconomyNext
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July 2, 2025
ECONOMYNEXT –Transparency International Sri Lanka (TISL), the local body of Transparency International (TI), which has been fighting against corruption in the island nation has recommended reforms in the structure of Central Bank to release it...
Sri Lanka President to appoint panel to probe SriLankan, airport SOE
EconomyNext
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July 2, 2025
ECONOMYNEXT – The Colombo All Share Price Index rose 0.81 percent on Wednesday, recovering its losses from the previous day and reaching a fresh record high, brokers said. “We got the approval of the IMF. All the uncertainties are clearing out....
Sri Lanka stocks boosted by IMF approval of US$350mn funds
EconomyNext
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July 2, 2025
ECONOMYNEXT – The Colombo All Share Price Index rose 0.81 percent on Wednesday, recovering its losses from the previous day and reaching a fresh record high, brokers said. “We got the approval of the IMF. All the uncertainties are clearing out....
Beyond borders: Closer look at France-Sri Lanka economic cooperation
Daily FT
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France has consistently ranked among the top 10 tourism source markets for Sri Lanka in recent years France and Sri Lanka have been steadily building economic ties in recent years, with cooperation expanding across trade, investment and tourism....
TISL launches report on Sri Lanka’s progress in combatting corruption under UN Convention
Daily FT
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Transparency International Sri Lanka (TISL) has released an independent Civil Society Report assessing Sri Lanka’s progress in fulfilling its commitments under the United Nations Convention Against Corruption (UNCAC), the first legally binding...
ICRC hosts second National Conference for Families of Missing Persons in Sri Lanka
Daily FT
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The second National Conference for Families of Missing Persons in Sri Lanka took place from 25-27 June in Colombo. Facilitated by the International Committee of the Red Cross (ICRC), the Conference brought together 62 representatives of families...
From awareness to action: Applying marketing principles to transform tax administration in Sri Lanka
Daily FT
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Every nation adopts its own unique approach to managing and administering taxes, reflecting its economic priorities and governance model. In this context, tax administration plays a key role in economic development and is an important performance...
Grameen Jibon: A business born from soil, memory, and the scent of home
The Business Standard
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July 4, 2025
It was just a phone call, a few simple words: "The taste of your palm jaggery reminded me of my mother." Plain and unassuming, yet for Sheikh Masud Parvez, those words ignited a quiet revolution. In that instant, business stopped being mere profit...
Sri Lanka plans e-invoicing for VAT, link POS machines to Inland Revenue
EconomyNext
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July 2, 2025
ECONOMYNEXT – Sri Lanka is working on starting e-invoices which will be directly linked to the tax office to digitalize the value added tax payments, Deputy Minister of Economic Development Anil Jayantha Fernando said. “We have to bring the...
Sri Lankan Corporate Sector Rebounds as Exports and Tech Drive Growth
Lanka News Web
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July 2, 2025
Sri Lanka’s corporate sector is regaining momentum in 2025, buoyed by a strong resurgence in exports and a thriving technology industry. Key data from the Export Development Board (EDB) highlights a 7.14% year-on-year rise in total exports during...
Sampath Bank introduces ‘Madu Sampatha’ floating market at Madu River to enhance livelihoods and curb plastic waste
Daily FT
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From left: District Secretary – Galle G.W. Dharmasiri; Coca-Cola Beverages Sri Lanka Director – Public Affairs, Communications and Sustainability Thamari Senanayake; a representative of the Madu Sampatha Self-Entrepreneurs Association; and Sampath...
Sri Lanka Apparel Sector Resilient Amid US, UK Export Decline
Lanka News Web
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July 2, 2025
Sri Lanka’s apparel sector continues to demonstrate resilience despite global uncertainties, including looming tariff threats from the United States and ongoing demand volatility in key Western markets. As the country’s largest industrial export...
People’s Bank triumphs at 6th Governor’s Challenge Trophy Corporate Quiz 2025
Daily FT
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In a thrilling display of knowledge and strategic thinking, the Quiz Team from People’s Bank emerged as champions at the 6th Governor’s Challenge Trophy Corporate Quiz Competition for Global Commerce Excellence 2025, held recently at the Galadari...
Sri Lanka gets $ 2.5 m from Japan to strengthen anti-corruption mechanisms
Daily FT
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From left: Justice Minister Harshana Nanayakkara, Ambassador of Japan to Sri Lanka Akio Isomata, United Nations Development Program (UNDP) in Sri Lanka Resident Representative Azusa Kubota, Commission to Investigate Allegations of Bribery or...
Elon Musk announces launch of Starlink in Sri Lanka
Colombo Gazette
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July 2, 2025
Businessman Elon Musk announced the launch of Starlink internet services in Sri Lanka. Starlink’s high-speed, low-latency internet is now available in Sri Lanka and can be ordered online. The Starlink network is designed, owned and operated by...
City of Dreams Sri Lanka confirms Shah Rukh Khan will be special guest
Colombo Gazette
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July 2, 2025
City of Dreams Sri Lanka confirmed that the undisputed King of Bollywood, Shah Rukh Khan, will make a spectacular visit to Sri Lanka, gracing the highly anticipated grand opening of the resort on August 2, 2025, as special guest. Popularly...
IMF Executive Board approves another US$350 million to Sri Lanka
Colombo Gazette
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July 2, 2025
The Executive Board of the International Monetary Fund (IMF) has approved another US$350 million to Sri Lanka under the 48-month Extended Fund Facility (EFF) Arrangement. This brings the total IMF financial support disbursed so far to SDR1.27...
Families of missing in Sri Lanka seek answers at conference facilitated by ICRC
Colombo Gazette
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July 2, 2025
The families of the missing in Sri Lanka emphasized the importance of acknowledging their suffering and the need to receive answers, at a conference facilitated by the International Committee of the Red Cross (ICRC). The 2nd National Conference...
Medieval gold ring unearthed in Slovakia holds Sri Lankan surprise
The Slovak Spectator
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July 2, 2025
Article continues after video advertisement Article continues after video advertisement A striking 18-carat gold ring adorned with a deep red-purple sapphire, likely sourced from Sri Lanka, has been uncovered by archaeologists at Pustý hrad...
Aarunya Nature Resort Unveils ’Sol Sanctuary,’ a Celestial New Wellness Retreat in Sri Lanka’s Central Highlands
Hospitality Net
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July 2, 2025
In Sri Lanka's Central Highlands, where tea gardens and spice groves meet the clouds, a new kind of sanctuary is unfolding: not a resort, but a reimagining of retreat. Set within a private ten-acre estate overlooking the UNESCO-listed Knuckles...