Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

Oct 29, 2026 2 weeks ago 2 min read
Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

COLOMBO, October 29, 2026 — The Central Bank of Sri Lanka (CBSL) has listed 27 entries covering companies, mobile applications and related entities determined to…

Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

Oct 29, 2026 2 weeks ago 3 min read
Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms climbed approximately 27% on its Mumbai stock market debut on Wednesday, reaching a valuation of…

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

Oct 28, 2026 2 weeks ago 3 min read
Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation by the Asia/Pacific Group on Money Laundering (APG) has commenced, with assessors examining the country’s…

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

Oct 28, 2026 2 weeks ago 2 min read
IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

Oct 28, 2026 2 weeks ago 2 min read
Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

COLOMBO, October 28, 2026 — The Cabinet of Ministers has approved entering into a US$100 million loan agreement with the Asian Development Bank (ADB) to…

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

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BUSINESS

DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

Sep 10, 2026 2 months ago 3 min read
DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

DFCC Bank has partnered with John Keells IT to introduce its Employee Banking Proposition to the company’s employees, providing access to a broader selection of…

GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sep 9, 2026 2 months ago 4 min read
GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sri Lanka’s premier gem and jewellery exhibition, GEM SRI LANKA 2027, has taken a significant step onto the international stage with its first official overseas…

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Sep 8, 2026 2 months ago 2 min read
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

The Japan International Cooperation Agency (JICA) and the Agriculture Department will bring 33 participants from 11 Asian countries to learn from Sri Lanka’s experience in…

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sep 8, 2026 2 months ago 6 min read
ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Canvasses more than 350 merchants and activates cashback campaign with 40+ Jaffna businesses as part of CBSL’s latest digital payments promotion Reaffirming its commitment to…

ECONOMY

MARKETS

NATION

Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

Sep 8, 2026 2 months ago 5 min read
Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

Sri Lanka’s tourism sector is facing a more challenging 2026 than initially anticipated, with the Sri Lanka Tourism Development Authority (SLTDA) sharply revising down its…

India’s Defence Minister Rajnath Singh arrives in Sri Lanka

Sep 8, 2026 2 months ago 2 min read
India’s Defence Minister Rajnath Singh arrives in Sri Lanka

Indian Defence Minister Rajnath Singh arrived in Sri Lanka today (08) on a three-day official visit. Accordingly, he is scheduled to remain in Sri Lanka…

Ven. Ampitiye Sumanarathana Thero further remanded

Sep 8, 2026 2 months ago 1 min read
Ven. Ampitiye Sumanarathana Thero further remanded

Venerable Ampitiye Sumanarathana Thero, who was arrested by the Batticaloa Police yesterday (07), has been further remanded. The order was issued by the Batticaloa Magistrate’s…

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

Sep 8, 2026 2 months ago 15 min read
Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

“A prolonged El Niño drought forces a massive, unbudgeted outflow of foreign currency to fund these fuel imports. At the same time, because domestic agriculture…

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