$ 30 million IFC loan to support sustainable energy project
Daily FT: The Cabinet of Ministers has approved entering into a loan agreement to secure a $ 30 million loan from
14
Nov
News
14
Nov
Markspen introduces grain cooling system to Sri Lanka
Daily FT: Markspen Group, the leading distributor of globally renowned modern agricultural machinery in Sri Lanka, introduced to the local market
14
Nov
Colombo Dockyard signs major shipbuilding contract
Daily FT: Colombo Dockyard PLC (CDPLC) has secured another repeat vessels contract to build two Cable Laying and Repair Vessels to
14
Nov
Sri Lanka introduces research and development commercialization
The Morning: The Government of Sri Lanka has established an entity called the ‘Research and Development Commercialisation’ unit, for which it
14
Nov
Sri Lanka’s GovPay crosses Rs. 1 b in transactions, adopted by 200 agencies
Daily FT: The Government’s digital payment platform GovPay has crossed Rs. 1 billion in total transactions, with 200 State institutions now
14
Nov
SolarIT Solutions acquires Sri Lanka’s Tetris.lk
Daily FT: SolarIT Solutions, a Canada-based IT consulting and tech services firm, has completed its acquisition of Tetris Ltd., a Sri
14
Nov
Northern Investment Summit 2026: Ladder to prosperity for Sri Lanka’s North
Daily FT: As Sri Lanka prepares for the Northern Investment Summit 2026 (NIS26), questions have emerged over whether this initiative will
14
Nov
Sri Lanka’s JAT Holdings PLC acquires Mirotone Limited
The Morning: JAT Holdings PLC recently announced the acquisition of Mirotone (NZ) Limited, the market leader in industrial wood coatings across
14
Nov
BIA Terminal 2: New Japanese contractor to be appointed by December
The Morning: The Government is expected to appoint a new Japanese contractor for the Bandaranaike International Airport (BIA) Terminal 2 project
14
Nov
Sri Lanka’s GovPay processes over Rs.500 million in digital payments
The Morning: GovPay, the Sri Lankan Government’s official digital payments platform, has processed over Rs. 500 million in transactions, the Ministry
14
Nov
Sri Lanka to repurpose idle government buildings
The Morning: Sri Lanka’s cabinet has approved a programme to repurpose nearly 3,000 government-owned buildings that remain abandoned, underused, or incomplete,
14
Nov
Sri Lanka to review suspended trade agreements
The Morning: The Ministry of Trade, Commerce, Food Security, and Co-operative Development has been engaged in the process of reviewing draft
14
Nov
Sri Lankan government gives biggest boost to unleash digital economy
Daily FT: The 2026 Budget presented yesterday by President and Finance Minister Anura Kumara Disanayake has given a big boost for
14
Nov
Sri Lankan government moves to enact PPP framework in Q1 next year
Daily FT: Sri Lanka is set to finalise its long-awaited Public–Private Partnership (PPP) Act by early next year, as authorities race
14
Nov
TikTok partners with Sri Lanka CERT at National Cyber Security Conference 2025
The Morning: TikTok, social media platform owned by the Chinese company ByteDance, has partnered with the Sri Lanka Computer Emergency Readiness
14
Nov
India’s Policybazaar platform enters Sri Lanka
The Morning: Policybazaar.com, one of India’s insurance platforms, has announced through a press release the launch of its reinsurance operations in
12
Nov
Belavia Airlines launches direct flights between Belarus and Sri Lanka
Daily Mirror: Belavia – Belarusian Airlines, the national carrier of the Republic of Belarus, launched direct flights between Minsk and Mattala
12
Nov
India grants Rs. 2.37 billion for 33 development projects in Sri Lanka’s Eastern Province
Newswire: The Government of Sri Lanka and the Government of India have signed a Memorandum of Understanding (MoU) to implement development
12
Nov
Chinese investors engage in tea production discussion with Sri Lanka
The Morning: A delegation of Chinese investors has met with officials of the Ministry of Agriculture to discuss tea production in
12
Nov
Sri Lanka’s Jaffna becomes one of the best places to visit in 2026
The Morning: Global travel publication Lonely Planet has ranked Sri Lanka’s northernmost district, Jaffna, as the second best place to visit among 25
07
Nov
Sri Lanka targets private investment to drive climate finance strategy
Daily FT: Treasury Secretary Dr. Harshana Suriyapperuma has said Sri Lanka will move to mobilise private and international capital to implement
07
Nov
Sri Lanka’s Firstdoctor pioneers digital healthcare innovation
Daily FT: As Sri Lanka accelerates its digital transformation, Firstdoctor is redefining healthcare innovation with the launch of a cloud-based doctor
07
Nov
Sri Lanka’s apparel exports up 6.8% to $ 3.8 billion in first nine months
Daily FT: The Joint Apparel Association Forum (JAAF) has said total apparel exports for the period January to September 2025 stood
07
Nov
Sri Lanka seeks developers for government’s super app
The Morning: The Ministry of Digital Economy has invited Expressions of Interest (EOIs) for the design, development, maintenance, and support of
29
Oct
Thai consul raises Sri Lanka-Thai free trade agreement and trade opportunities
The Morning: During the 14th Annual General Meeting (AGM) of the Sri Lanka-Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber
29
Oct
FDIs flowing to Sri Lanka rise to $ 827 million in first nine months says BOI
The Morning: Sri Lanka’s foreign direct investment inflows, including foreign commercial loans for investments to Board of Investment (BOI)-approved enterprises, have
29
Oct
Sri Lanka looking at changing law to revive FDI with tax incentives
Daily FT: The Cabinet of Ministers has approved amendments to the Mahinda Rajapaksa-era Strategic Development Projects Act to enable tax incentives
29
Oct
Sri Lanka’s Panasian Power connects 5MW Ampara solar plant to national grid
Daily FT: Panasian Power PLC has said it has successfully connected a 5MW ground-mounted solar project at Deegawapiya, Ampara, to the
29
Oct
Sri Lanka and ADB sign $ 106.9 million deal to boost health system
Daily FT: Sri Lanka and the Asian Development Bank (ADB) has signed agreements for a $ 106.9 million financing package to
29
Oct
Billionaire Sri Lankan businessman seals Rs. 2.57 billion deal for 40% of Harischandra Mills
The Morning: In a significant transaction on the Colombo Stock Exchange (CSE), prominent Sri Lankan businessman and billionaire Dhammika Perera has
29
Oct
Sri Lanka to regulate EV charging stations
he Morning: The Government has commenced the process of drafting regulations to govern the establishment and operation of electric charging stations
29
Oct
Lanka Ashok Leyland reports strong first half results with Rs. 7.75 billion revenue
Daily FT: Lanka Ashok Leyland PLC, a joint venture between the Government of Sri Lanka and Ashok Leyland Ltd., of India,
24
Oct
Port City Colombo named ‘Best Knowledge Zone’ in Asia Pacific by fDi Intelligence UK
Daily FT: Port City Colombo has been named the ‘Best Knowledge Zone – Asia Pacific Region’ and received a ‘Highly Commended’
24
Oct
Gemstones market to grow at 6.3% CAGR: Credence Research
The Morning: The gemstones market is expected to expand at a compound annual growth rate (CAGR) of 6.30% to reach $
24
Oct
Sri Lanka’s Kankesanthurai Port upgrade awaits Indian grant terms
The Morning: The proposed renovation and expansion of the Kankesanthurai (KKS) Port remains in limbo as Sri Lanka continues to negotiate
24
Oct
Sinopec refinery deal in Sri Lanka set for finalisation in December
The Morning: The final agreement with Sinopec concerning the delayed $ 3.7 billion refinery project in Hambantota is expected to be
24
Oct
Virtusa expands technology centre in Sri Lanka as part of global AI-led growth strategy
Ada Derana: Virtusa Corporation, a leading global provider of digital strategy, engineering, and IT services, announced the expansion of its Sri
24
Oct
WindForce secures land lease for 100 MW solar project
Daily FT: WindForce PLC yesterday said that it has finalised a Rs. 50 million, 24-year land lease agreement for the 100-megawatt
24
Oct
eChannelling launches eMindCare as holistic digital platform for mental wellbeing
Daily FT: eChannelling has launched ‘eMindCare,’ a first-of-its-kind holistic mental wellbeing platform designed to make expert mental health and psychosocial wellbeing
24
Oct
Hayleys Mobility launched to redefine Sri Lanka’s transportation future
The Morning: Hayleys Fentons Limited announced the launch of Hayleys Mobility, a new venture delivering cutting-edge new-energy vehicle solutions and infrastructure,
24
Oct
World Elite acquires 50% Gestetner Ceylon stake for Rs. 318.7 million
Daily FT: Gestetner of Ceylon PLC has said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in
24
Oct
Sri Lanka’s WindForce announces another 10 MW wind project
Daily FT: WindForce PLC has announced the acquisition of a 51% equity stake in Safe Power International Ltd., with the remaining
24
Oct
Deutsche Bank says Sri Lanka at turning point; will step up support
Daily FT: Germany’s multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a
24
Oct
Sri Lanka calls for global investment partnerships
The Morning: Foreign Affairs and Foreign Employment Deputy Minister Arun Hemachandra called for international business and investment partnership to be enabled
24
Oct
Indian banks allowed to give INR loans to Sri Lanka customers
EconomyNext: The Reserve Bank of India has allowed Indian banks to give loans to customers in Sri Lanka Bhutan and Nepal
24
Oct
SriLankan, Saudia expand interline partnership, boost connectivity
Daily FT: SriLankan Airlines and Saudia Airlines have renewed and expanded their interline agreement, strengthening the long-standing partnership between the two
24
Oct
Sri Lanka’s global tourism campaign nears final approval
The Morning: Sri Lanka’s global promotion campaign is awaiting special Cabinet approval, along with recommendations from the Tourism Advisory Committee, according
24
Oct
Sri Lanka’s President assures secure environment for investments
The Morning: President Anura Kumara Dissanayake noted that a secure environment for investments has now been established in Sri Lanka, highlighting
15
Oct
Sri Lanka’s government urged to prioritize North and East development
Daily FT: Tamil National Alliance (TNA) Parliamentarian Shanakiyan Rasamanickam has urged the Government to focus on developing the Northern and Eastern
15
Oct
All Island Dairy Association commits support to boost local production
Daily FT: The fifth Annual General Meeting (AGM) of the All Island Dairy Association (AIDA) was recently held at The Ceylon