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Fri, 05 Jun 2026 Today's Paper
Vehicle registrations eased in February after the strong momentum seen at the start of the year, with declines across several passenger vehicle segments even as overall activity remained relatively high following the reopening of vehicle imports.
Sri Lanka continues to face significant cybersecurity challenges, with 30.4 percent of internet users experiencing Kaspersky web-borne cyberattacks in 2025, according to the latest Security Bulletin.
Says emergence of AI-driven credit mechanisms offers a profound paradigm shift in how risk is assessed, effectively bypassing outdated physical asset requirements
Deeper regional and global integration will ultimately determine how Sri Lanka emerges as a regional hub in the reconfigured global economy, according to AIA Group Independent Non-Executive Chairman Sir Mark Tucker. Delivering the keynote address at
The Sri Lankan insurance sector is grappling with heavily squeezed profit margins and soaring claim ratios, prompting urgent calls for deeper structural synergies with the private healthcare system.
Sri Lanka’s financial landscape is facing new challenges, as an unregulated virtual asset market opens potential avenues for financial crimes.
Sri Lanka is better equipped than during its 2022 financial crisis to absorb shocks from rising oil prices, Central Bank Governor Dr. Nandalal Weerasinghe said, citing a strong US$ 7 billion foreign reserve buffer and low inflation as critical safegu
The escalating conflict in the Middle East is beginning to disrupt one of the global tea trade’s most critical corridors, with the exporters in Sri Lanka, India and Kenya warning of mounting logistical and financial pressures as the shipping routes
Sri Lanka’s recent regulatory measures to introduce Domestic Dollar Bonds and widen investor participation represent “two coordinated phases of a domestic foreign currency funding strategy” aimed
Sri Lanka’s tourism sector recorded a massive milestone in February 2026, welcoming 279,328 international visitors during the month. The figure marks a solid 16.2 percent year-on-year growth, compared to the 240,217 arrivals registered in February
Sri Lanka’s apparel sector is urgently calling for a level playing field in the global market, prompting the government to accelerate its pursuit of new free trade agreements (FTAs) and preferential trade agreements (PTAs).
Sri Lanka’s external sector delivered a stronger-than-expected start to 2026, with January’s numbers pointing to a more broad-based foreign exchange cushion.
The Sri Lankan exporters could soon experience a measure of relief following a recent US Supreme Court ruling that struck down the reciprocal tariffs imposed under the International Emergency Economic Powers Act.
Commercial Bank of Ceylon PLC yesterday announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from 27 April 2026.
The Securities and Exchange Commission (SEC) of Sri Lanka must be granted full financial and operational independence, Bar Association of Sri Lanka (BASL) President and former SEC Commissioner
The Port of Colombo kicked off 2026 with robust performance metrics, driven by a significant expansion in its core transshipment business and the successful scaling of new deep-water terminal capacity.
The local export sector kicked off 2026 on a firmer footing with January earnings rising 13.7 percent year-on-year (YoY) to US$ 1.53 billion, offering an early boost to foreign exchange inflows and growth expectations.
The national consumer prices softened in January from December 2025, as both the food prices and non-food prices eased after rising at the final month of last year. This was due to the flood-related crop losses and the festive season demand.
Sri Lanka’s apparel sector is bracing for a fresh wave of volatility after United States President Donald Trump announced a sudden escalation of global import duties to 15 percent.
Sri Lanka’s tourism authorities are banking on a revived domestic aviation sector, to distribute tourist traffic more evenly across the island, expecting new operations to materialise by the second half of this year as several investment proposals
Sri Lanka is set to launch an interim digital and public relations campaign with an investment of Rs. 2 billion, aiming to shift the tourism industry’s focus from mere arrival volumes to attracting high-yielding
Sri Lanka’s vehicle registrations rose to a record high in January, driven by a strong demand for two-wheelers and a steady expansion in the secondary market, while a sharp pickup in truck and tipper volumes pointed to early signs of recovery in th
In a rare high-level engagement, IMF Managing Director Kristalina Georgieva met President Anura Kumara Dissanayake yesterday at the Presidential Secretariat, which affirmed the international lender’s commitment to Sri Lanka’s economic recovery an
International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrived in Sri Lanka yesterday on what is a landmark visit, combining urgent disaster assessment with a high-profile economic mission.
Sri Lanka’s tourism industry has maintained its upward trajectory in 2026, surpassing the 400,000 cumulative arrival mark within the first two weeks of February, driven by a consistent influx of visitors from traditional source markets.
The global port optimisation experts are cautioning the Sri Lankan terminal operators against prioritising massive infrastructure investments without first addressing the underlying operational inefficiencies, warning that capacity expansion is not t
The Central Bank yesterday issued a strong warning to businesses and consumers over the growing use of foreign currency for domestic payments, asserting such transactions are illegal and punishable by heavy
The Finance, Planning and Economic Development Ministry concluded a formal briefing yesterday for the international investors, marking a key milestone in the country’s post-restructuring financial transparency.
The Sri Lanka Chamber of Small and Medium Industries (SLCSMI) has unveiled a comprehensive blueprint for a Rs. 300 billion “Bad Bank” to rescue the nation’s embattled small and medium enterprise (SME) sector.
Sri Lanka secured approximately US $ 1.48 billion in foreign development financing during the financial year ending December 31, 2025, as the major multilateral partners ramped up budget support to stabilise the economy and respond to the devastating
04 Jun 2026 4 hours ago
04 Jun 2026 5 hours ago