Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

Oct 3, 2026 1 month ago 1 min read
Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

COLOMBO, October 3, 2026 — Sri Lanka’s unemployment rate increased to 4.0% in the second quarter of 2026, up from 3.8% during the corresponding quarter…

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Oct 3, 2026 1 month ago 2 min read
UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

DUBAI, October 3, 2026 — The United Arab Emirates has said a Flydubai co-pilot allegedly attempted to carry out a terrorist attack aboard a flight…

Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

Oct 2, 2026 1 month ago 3 min read
Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with…

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

Oct 2, 2026 1 month ago 3 min read
ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

COLOMBO, October 2, 2026 — The Asian Development Bank (ADB) has approved a $100 million results-based loan to support Sri Lanka’s efforts to modernise its…

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 2026 1 month ago 3 min read
Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

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