Sri Lankan banks’ offshore lending surges 52% amid Middle East conflict risks

Sri Lanka’s banks increased lending to overseas borrowers by more than 50 percent in the year to June 2026, with offshore loans accounting for over a third of their outstanding…

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Public–Private partnership: Cabinet approves bill to establish PPP agency

Sri Lanka’s Cabinet of Ministers have approved the publication of a new bill to establish a National Agency for Public-Private Partnerships (PPPs) and provide the legal framework to promote and…

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SL–Thailand Business Council seeks FTA roadmap, 10,000 job opportunities

The Sri Lanka–Thailand Business Council (SLTBC) has sought a clear roadmap for implementing the Sri Lanka–Thailand Free Trade Agreement (FTA) and details on proposed employment opportunities for 10,000 Sri Lankan…

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China pulls out of port project in Sri Lanka

COLOMBO: A Chinese state-owned firm has withdrawn from a $392 million joint venture to develop a major logistics hub at Sri Lanka’s main seaport, the key local partner said on…

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SL–Thailand Business Council seeks FTA roadmap, 10,000 job opportunities

The Sri Lanka–Thailand Business Council (SLTBC) has sought a clear roadmap for implementing the Sri Lanka–Thailand Free Trade Agreement (FTA)…

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CMTA and Sudath Perera Associates address legal action to combat fake spare parts.

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, and Sudath Perera Associates, one of…

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Global Stock Markets Plunge Amid Fears of U.S. Economic Slowdown

Global stock markets experienced a significant sell-off on Monday, August 5, 2024, as fears mounted that the U.S. economy is…

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Expressions of Interest called for MRIA

The Ministry of Ports & Civil Aviation, through Airport &…

DFCC Bank debenture issue oversubscribed

DFCC Bank PLC’s Rs. 12.5 billion debenture issue has been…

People’s Bank expands MSME business volume to LKR 20.8 Bn in 2025 strengthening support for national economy

Micro, Small and Medium Enterprises (MSMEs) continue to play a…

China Unicom Beijing and Huawei Are Embracing the AI Revolution, Striding Towards Intelligent Era

At Mobile World Congress (MWC) Shanghai 2025, Yang Lifan, Deputy…

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