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

Oct 29, 2026 3 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 3 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 3 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 3 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 3 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

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…

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Sep 8, 2026 2 months ago 2 min read
Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

The Board of Investment of Sri Lanka (BOI) recently hosted the fifth working-level meeting of the Sri Lanka–Japan Business Environment Committee, a platform established to…

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Sep 8, 2026 2 months ago 4 min read
Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Home Lands yesterday announced that Central Park Boulevard Port City Colombo has reached a significant construction milestone, with 60% of its piling work now officially…

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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…

Yala National Park Zones 1 and 2 to close from Sept. 14

Sep 8, 2026 2 months ago 1 min read
Yala National Park Zones 1 and 2 to close from Sept. 14

It has been decided to close Zones 01 and 02 of Yala National Park from September 14, taking into account the challenges faced by animals…

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Sep 8, 2026 2 months ago 3 min read
Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn into a public dispute on LinkedIn over the past day after a technology entrepreneur accused…

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