Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka’s struggle with single-use plastics: Why bans alone fall short
EconomyNext
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July 3, 2025
The escalating crisis of plastic pollution poses a significant threat to both the health of the planet and human well-being. Among the plastic pollutants, Single-use plastics (SUPs) have become a major driver of pollution on land and in oceans....
Shah Rukh Khan to grace grand opening of City of Dreams Sri Lanka
Lanka Business Online
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July 3, 2025
Get ready, South Asia! The undisputed King of Bollywood, Shah Rukh Khan, is set to make a spectacular visit to Sri Lanka, gracing the highly anticipated grand opening of City of Dreams Sri Lanka on August 2, 2025, as special guest. Popularly...
Banks Allay Fears Over Parate Law as SMEs Urged to Cooperate
Lanka News Web
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July 4, 2025
Sri Lanka’s licensed commercial banks have moved to calm rising anxiety among small and medium enterprises (SMEs) over the potential enforcement of parate laws, assuring that widespread asset seizures are not on the horizon. The Sri Lanka Banks’...
Trade Deal Leaves Vietnam With Questions and One Big Challenge
Mint
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July 4, 2025
(Bloomberg) -- With the dust far from having settled on this week’s US-Vietnam trade agreement, one thing is clear: companies operating in what’s become one of the most vibrant Asian economies are on notice to move up the value chain. A key...
Inspired By Ravindra Jadeja, Sri Lankan Origin Zanden Jeh Earns Maiden Australia 'A' Call-Up
MENAFN
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July 3, 2025
(MENAFN- IANS) Brisbane, July 3 (IANS) With veteran all-rounder Ravindra Jadeja as his early bowling inspiration, left-arm spinner Zanden Jeh has received his first call-up to the Australia 'A' team for the forthcoming series against Sri Lanka,...
Utilities, communication services stocks drag Sri Lankan shares
Business Recorder
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July 3, 2025
Sri Lankan shares slipped on Thursday as losses in utilities and communication services stocks weighed. The CSE All-Share index settled 0.23% lower at 18,100.92 points. Colombo Dockyard and UB Finance were top percentage losers on the CSE...
Sri Lanka and Australia deepen trade collaboration through seminar on export promotion best practices
Daily FT
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The Sri Lanka Export Development Board (EDB), in partnership with the Australian High Commission, the Australian Trade and Investment Commission (Austrade), and the Department of Foreign Affairs and Trade (DFAT), hosted a high-level seminar titled...
Sri Lanka to receive USD 350 million as IMF completes fourth review
EasternEye
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July 2, 2025
In a joint statement, the ministers condemned the April 22 attack in strong terms and called for firm action against cross-border terrorism. The statement did not mention Pakistan or the four-day military conflict between Indian and Pakistani...
Hope for Sri Lankan Job Seekers as Korea E-8 Visa Program Gets Green Light
Lanka News Web
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July 3, 2025
By: Staff Writer July 03, Colombo (LNW): Sri Lankan job seekers hoping to work in South Korea have faced months of uncertainty and frustration due to delays in implementing the much-anticipated Korean E-8 seasonal employment visa program....
EU-Backed Project Powers Greener Future for Sri Lanka’s Industrial Sector
Lanka News Web
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July 3, 2025
By: Staff Writer July 03, Colombo (LNW): Sri Lanka’s energy-intensive industrial sector is receiving a major boost in its journey toward sustainability through a European Union (EU)-funded initiative aimed at combating climate change and promoting...
Sri Lanka and Thailand deepen bilateral ties in public health cooperation
Daily FT
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On 27 June, Health Deputy Minister Hansaka Wijemuni held a bilateral meeting with Thai Public Health Deputy Minister Dej-is Khaothong on the sidelines of the Third Ministerial Conference on Civil Registration and Vital Statistics in Asia and the...
Sri Lanka to ink MoUs with regional countries for pharmaceutical supplies
Daily FT
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Framework allows direct deals between nominated foreign suppliers and SPC Senior officials’ committee formulates system to identify suitable countries for G2G sourcing Identifies seven countries—India, Pakistan, Bangladesh, Indonesia, Thailand and...
Sri Lanka faces growing climate threats amid low stakeholder literacy and financial readiness
Daily FT
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Sri Lanka’s climate crisis has intensified rapidly, far surpassing the current levels of stakeholder awareness and capacity to finance essential mitigation and adaptation efforts. As the country faces escalating risks from extreme weather, rising...
Who’s Who with Titanium Sands: Unlocking Sri Lanka’s heavy mineral sands potential
Stockhead
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July 3, 2025
Titanium Sands (ASX:TSL) is advancing a massive, high-grade mineral sands project on Sri Lanka’s Mannar Island, with a projected Stage 1 NPV of $545 million and strong upside in ilmenite, zircon, and rutile production. In Stockhead’s latest...
Sri Lanka, Chinese mega investment of US$ 3.7 billion stalled
Asia News
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July 2, 2025
The largest foreign investment in the history of Sri Lanka has been on hold since the start of the year. Differences between the government over local market share have stopped the Sinopec project in Hambantota. The economic recovery plan has...
Starlink’s high speed internet available in Sri Lanka: Elon Musk
EconomyNext
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July 2, 2025
ECONOMYNEXT – A court in Sri Lanka has blocked potential winding up of SriLankan Airlines initiated by Trustees to defaulted bondholders, following a demand for full payment, court documents show. Western Province Court Commercial High Court...
Sri Lanka lacks capacity to store two-month fuel stocks – CPC chief
EconomyNext
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July 2, 2025
ECONOMYNEXT – Sri Lanka does not have capacity to store fuel stock for two months though the island nation was confirmed to have fuel for two months, state-run Ceylon Petroleum Corporation (CPC) Chairman Janaka Rajakaruna said. His statement comes...
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...
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 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....