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Fri, 05 Jun 2026 Today's Paper
While January 2026 recorded historic visitor numbers, earnings from the trade witnessed a contraction, highlighting persistent concerns regarding lower spending and confirmed revenue leakage.
Financial markets need trust worthy, high quality information on sustainability related risks and opportunities so that investors and lenders can make efficient decisions, said International Federation of Accountants (IFAC) President Jean Bouquot dur
The Ceylon Federation of MSME (CFMSME) has alleged that “Revival Units” mandated by the Central Bank to rescue struggling businesses have been a spectacular failure, restructuring only 0.03 percent of the sector’s distressed loans.
A high-level initiative to integrate the IT systems of 13 key government revenue-collecting institutions has hit a critical bottleneck, with the Excise Department recording zero percent progress in its digital integration efforts as of mid-2025.
Sri Lanka’s tourism industry has recorded a historic start to the new year, with arrivals in January 2026 surging to an all-time monthly high of 277,327 visitors.
Sri Lanka’s sharp surge in currency withdrawals during the festive season conceals a more persistent dependence on cash that now contrasts with the government’s renewed push towards a ‘cashless economy’.
Sri Lanka closed 2025 with a cautiously improved external position, as persistent current account surpluses, record-high worker remittances, and a stronger services balance helped offset widening trade gaps and softer price dynamics, according to
The headline inflation in the Colombo district accelerated to 2.3 percent in January 2026 from a year ago.
Sri Lanka’s economic recovery plans face new uncertainties after Cyclone Ditwah, but the International Monetary Fund (IMF) signalled continued support this week as it assessed the storm’s impact on the island
Premier bluechip John Keells Holdings PLC (JKH) posted a 68 percent jump in third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) to Rs.23.76 billion, driven by strong momentum across its diversified operations.
A new study has sounded the alarm on Sri Lanka›s export prospects, revealing that the country faces a potential loss of US$ 1.62 billion in exports to the United States in 2026 due to escalating trade policy distortions.
Sri Lanka’s export earnings surpassed US $ 17.2 billion in 2025, extending the recovery in external trade as merchandise and services exports posted broad-based gains, according to the data compiled by Sri Lanka Customs and the Export Development B
The Colombo Stock Exchange began the week on a mixed note, with investor sentiment remaining largely subdued as the market showed signs of consolidation near the key 24,000 level.
The International Finance Corporation (IFC) has announced a US$166 million investment package aimed at strengthening Sri Lanka’s private sector-led recovery, signalling renewed confidence in the country’s financial system as it shifts from macroe
Colombo has been identified as the most difficult city globally for local income earners to purchase property in 2026, revealing a severe decoupling between asset prices and domestic wages.
Sri Lanka crossed the US$ 1 billion mark in foreign direct investment (FDI) inflows in 2025 for the first time since the crisis. However, analysis of the data shows that the recovery remains uneven since the inflows are still dominated by debt-like i
Sri Lanka’s banks must rethink how they deploy capital, moving beyond a narrow focus on immediate financial returns to a “return on learning” approach that prioritises experimentation, data capability and long-term resilience, Central Bank Gove
Sri Lanka is likely to see its sovereign rating outlook upgraded from ‘Stable’ to ‘Positive’ later this year, setting the stage for a potential full credit rating upgrade in 2027 as the island nation continues to outperform key fiscal and deb
Sri Lanka’s tourism sector recorded a massive statistical jump in leisure travellers in December 2025 compared to the previous year, a shift driven by both genuine demand and a significant rectification of data classification issues that had obscur
Sri Lanka must urgently pivot from a narrow focus on crisis management and International Monetary Fund (IMF) targets to a holistic developmental agenda that addresses the real economy as the country enters 2026.
Sri Lanka’s aluminium door, window and façade fabrication industry is being undercut by policy gaps that allow finished products to be imported duty-free, threatening jobs, foreign exchange savings and domestic manufacturing capacity, an industry
Cyclone Ditwah has delivered a broad-based economic shock to Sri Lanka, damaging infrastructure in almost every affected community and crippling livelihoods across key local economies, a new UNDP
Port City Colombo has secured a US $ 300 million foreign direct investment (FDI) commitment from its primary developer, clearing the way for phase II of the flagship reclamation project and delivering an early boost to Sri Lanka’s efforts to revive
Sri Lanka’s economic recovery and long-term growth prospects hinge on dismantling systemic barriers that limit women’s participation in enterprise, leadership and decision-making, Prime Minister Dr. Harini Amarasuriya said.
Sri Lanka’s oldest automotive industry body has stepped up pressure on the government to dismantle what it calls a deeply flawed tax concession on used vehicle imports, warning that the policy is eroding state revenue, distorting competition and un
Capital market watchdog, the Securities and Exchange Commission (SEC), confirmed it has identified the key players behind the price distortions that triggered an unprecedented halt on the Colombo Stock Exchange (CSE) last week.
Sri Lanka has secured its position as the third fastest-growing travel destination for Australian tourists in 2025, recording a 19 percent year-on-year growth in arrivals.
Central Bank Governor, Dr. Nandalal Weerasinghe kicked off the New Year with policies aimed at shifting gears from recovery in the economy to an enhanced growth while building resilience.
The Colombo Stock Exchange (CSE) halted trading minutes after the market opened yesterday, cancelling all trades executed during the session.
The government has decided to hold off on finalising the specific tourism revenue targets for 2026, until the completion of a comprehensive data-gathering exercise under the Tourism Satellite Accounting framework.
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