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30 kg of processed sea cucumber, meant to be smuggled to Sri Lanka, seized in Nagapattinam

30 kg of processed sea cucumber, meant to be smuggled to Sri Lanka, seized in Nagapattinam

In a coordinated operation, the Coastal Security Group police in Nagapattinam district seized 30 kilograms of processed sea cucumber, allegedly meant for illegal export to Sri Lanka. The seized consignment, valued at approximately ₹4 lakh, has...

Elon Musk's Starlink Launches In Sri Lanka; India Next On The List

Elon Musk's Starlink Launches In Sri Lanka; India Next On The List

New Delhi:Starlink, the satellite internet service owned by Elon Musk, officially launched its services in Sri Lanka on Wednesday. With this launch, Sri Lanka has become the third country in South Asia -- and another of India’s neighbours -- after...

People’s Bank triumphs at 6th Governor’s Challenge Trophy Corporate Quiz 2025

People’s Bank triumphs at 6th Governor’s Challenge Trophy Corporate Quiz 2025

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 tourist arrivals up 21.8-pct in June, regional visitors increase

Sri Lanka tourist arrivals up 21.8-pct in June, regional visitors increase

ECONOMYNEXT – The relationship with India and Sri Lanka is strong and the business community and take links further, High Commissioner Santosh Jha said in Colombo speaking to a group of visiting Indian chief executives and local business leaders....

Sri Lanka thanks Indian business community for helping boost economy

Sri Lanka thanks Indian business community for helping boost economy

Sri Lanka thanked the Indian business community based in Colombo for helping boost the local economy. A high-level delegation of Chief Executive Officers from the Confederation of Indian Industry (CII) met with the Prime Minister of Sri Lanka, Dr....

Sri Lankan born Nihal Arthanayake to make stand-up comedy debut in UK

Sri Lankan born Nihal Arthanayake to make stand-up comedy debut in UK

Acclaimed Sri Lankan born broadcaster, presenter, journalist and author Nihal Arthanayake, is to make his stand-up comedy debut in London. Broadwayworld.com reported that Sri Lankan Culture Collective, London’s first boutique festival showcasing...

Sri Lanka spreads Cuba’s denunciation against US memorandum

Sri Lanka spreads Cuba’s denunciation against US memorandum

The newspaper highlights the publication of Cuban foreig minister, Bruno Rodriguez, in the social network X, denouncing the new action of the US president to tighten the economic, commercial and financial blockade of Washington with harmful...

Business News | European Soft Wheat Flour Gains Ground in India as Quality Finds Growing Appeal

Business News | European Soft Wheat Flour Gains Ground in India as Quality Finds Growing Appeal

NewsVoir New Delhi [India], July 3: India's evolving food landscape is increasingly embracing premium-quality ingredients, and the country's 2024 import data for soft wheat flour confirms this shift. Italy has emerged as a key supplier, bolstered...

Starlink Launched in Sri Lanka: Elon Musk’s SpaceX Launches Satellite Internet Services After Bangladesh and Bhutan, Coming in India Soon

Starlink Launched in Sri Lanka: Elon Musk’s SpaceX Launches Satellite Internet Services After Bangladesh and Bhutan, Coming in India Soon

New Delhi, July 2: Starlink, the satellite internet service owned by Elon Musk, officially launched its services in Sri Lanka on Wednesday. With this launch, Sri Lanka has become the third country in South Asia -- and another of India’s neighbours...

ASIA PACIFIC: Amspec expands into Sri Lanka

Details Written by Ian Taylor Published: 02 July 2025 Testing, inspection and certification company AmSpec has announced that it has expanded its operational services into Sri Lanka. Login to Read more

Elon Musk’s Starlink Launches Satellite Internet Services In Sri Lanka, Nearing India Entry

Elon Musk’s Starlink Launches Satellite Internet Services In Sri Lanka, Nearing India Entry

New Delhi: Starlink, the satellite internet service owned by Elon Musk, officially launched its services in Sri Lanka on Wednesday. With this launch, Sri Lanka has become the third country in South Asia — and another of India’s neighbours — after...

In third South Asia launch, Starlink now in Sri Lanka

In third South Asia launch, Starlink now in Sri Lanka

Starlink is also awaiting regulatory approvals in all of India’s neighbouring countries, except China. File. | Photo Credit: Reuters Starlink, the SpaceX-operated satellite internet service, is now available in Sri Lanka, the third market to allow...

EU-backed initiative fuels energy efficiency in Sri Lanka’s industrial sector

EU-backed initiative fuels energy efficiency in Sri Lanka’s industrial sector

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 Lanka sells extra Rs18bn Treasury bonds after auction

Sri Lanka sells extra Rs18bn Treasury bonds after auction

ECONOMYNEXT – The Colombo Stock Exchange All Share Price Index fell 0.17 percent on Tuesday after the previous day’s record high, brokers said. “Today we saw a bit of profit taking after the index surpassed the psychological 18,000 mark...

Sri Lanka stocks close down 0.17-pct after some volatility, profit taking

Sri Lanka stocks close down 0.17-pct after some volatility, profit taking

ECONOMYNEXT – The Colombo Stock Exchange All Share Price Index fell 0.17 percent on Tuesday after the previous day’s record high, brokers said. “Today we saw a bit of profit taking after the index surpassed the psychological 18,000 mark...

Tourism Malaysia hosts Sri Lankan media FAM Trip

Tourism Malaysia hosts Sri Lankan media FAM Trip

Tourism Malaysia and SriLankan Airlines hosted a media FAM trip to boost Sri Lankan arrivals ahead of Visit Malaysia 2026. In a strategic move to boost arrivals from Sri Lanka in conjunction with the Visit Malaysia 2026 (VM2026) global campaign,...

Sri Lanka current account surplus US$1.3bn up to May 2025

Sri Lanka current account surplus US$1.3bn up to May 2025

ECONOMYNEXT – Sri Lanka will pay its citizens over 60 years an additional 3 percent interest on their fixed deposits of up to a million rupees, its Ministry of Finance said. Fixed deposits under this scheme can be opened from July 1, to December...

Sri Lanka seniors to get 3-pct more interest for FDs opened from Jul1-Dec31

Sri Lanka seniors to get 3-pct more interest for FDs opened from Jul1-Dec31

ECONOMYNEXT – Sri Lanka will pay its citizens over 60 years an additional 3 percent interest on their fixed deposits of up to a million rupees, its Ministry of Finance said. Fixed deposits under this scheme can be opened from July 1, to December...

IMF approves $350 million tranche for Sri Lanka after fourth review of bailout programme

IMF approves $350 million tranche for Sri Lanka after fourth review of bailout programme

The IMF has approved a $350 million disbursement to Sri Lanka under its $2.9 billion bailout, bringing total support to $1.74 billion. Despite earlier opposition, the NPP-led government continues to pursue IMF-backed reforms amid economic recovery...

IMF to provide Sri Lanka $350 million after fourth review of bailout

IMF to provide Sri Lanka $350 million after fourth review of bailout

A general view of the Colombo main port is seen beyond the main wholesale market. The IMF has completed the fourth review of Sri Lanka’s $2.9 billion bailout programme, allowing the country to draw a $350 million tranche from the four-year...

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