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The flood of electric cars may be a dream come true for a well-heeled few, but do they really contribute to a cleaner environment or fill state coffers in the same way as other motorists? economynext.com/green-cars-red…
Sri Lanka’s foreign exchange revenue from tourism in August 2025 edged up 1 percent from a year ago to 182.9 million US dollars, the central bank said, quoting tourism promotion authority data. economynext.com/sri-lanka-augu…
Sri Lanka’s official remittances rose 25.2% to US$695.7mn in September 2025, while the total in the first 9 months reached US$5.81bn rising 20 percent from a year ago, central bank data showed, with more people leaving to work abroad. economynext.com/sri-lanka-work…
Sri Lanka’s rupee closed at 302.60/68 to the US dollar on Friday, stronger from 302.75/83 the previous day, while bond yields recovered at close, dealers said. economynext.com/sri-lanka-rupe…
Sri Lanka’s Colombo Stock Exchange closed up on Friday, as positive sentiment in the market continued, brokers said. economynext.com/sri-lanka-stoc…
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has named Slogal Energy DMCC, a unit of Sri Lanka’s Laugfs group, for alledgedly trading in Iranian petrochemicals. economynext.com/sri-lankas-lau…
A team from the UN Technical Electoral Needs Assessment Mission has met key parliament members to assess opportunities for international support to strengthen electoral processes in Sri Lanka. economynext.com/un-mission-sri…
55,491,496 ordinary voting shares of the Company have been listed with effect from 10th October 2025, pursuant to a Scrip Dividend. economynext.com/sri-lankas-peo…
Sri Lanka’s consumption loans, the largest credit segment in the banking sector totaling 2.3 trillion rupees, grew 11 percent in the year to the June 2025 quarter, driven by vehicle credits, the central bank said in a Financial Stability Report. economynext.com/sri-lanka-cons…
A Sri Lanka Cabinet ‘reshuffle’ has seen Anura Karunathilaka appointed Minister of Ports and Civil Aviation, and H M Susil Ranasinghe appointed Minister of Housing, Construction and Water Supply. economynext.com/sri-lanka-appo…
Sri Lanka’s rupee opened at 302.70/75 to the US dollar on Thursday, weaker from 302.65/69 the previous day, while bond yields opened slightly up, dealers said. economynext.com/sri-lanka-rupe…
Sri Lankan authorities are in discussion with the Asian Development Bank to establish a venture capital fund to grant cheap finance access for the island nation’s small and medium sector enterprises (SME), a top official said. economynext.com/sri-lanka-in-d…
The International Monetary Fund wants Sri Lanka’s upcoming 2026 budget parameters to be in line with its External Fund Facility (EFF) programme as the prior action before the global lender’s board approving the Staff Level Agreement with the island nation’s authorities, a top…
Sri Lanka has sold 1,300 million rupees of treasury bills offered on tap at average rates of 7.52 percent and 8.02 percent, the state debt office said, bringing the total of bills sold this week to 20.42 billion rupees. economynext.com/sri-lanka-sell…
Sri Lanka’s rupee closed at 302.75/83 to the US dollar on Thursday, weaker from 302.65/69 the previous day, while bond yields closed broadly steady, dealers said. economynext.com/sri-lanka-rupe…
The Colombo Stock Exchange closed up on Thursday after the International Monetary Fund announced it had reached a staff level agreement with the Sri Lanka government on its fifth review. economynext.com/sri-lanka-stoc…
“Safe Power International (Pvt) Ltd has been incorporated to develop a 10 MW Wind Power Project in Alankuda, Puttalam District, Sri Lanka, with an estimated total project cost of LKR 4.2 billion,” WindForce said in a stock exchange filing. economynext.com/sri-lankas-win…
Sri Lanka did not ask for a vote at the United Nations Human Rights Council because it didn’t want to spend public funds on a vote it would lose anyway, Foreign Minister Vijitha Herath told parliament. economynext.com/sri-lanka-didn…
The International Monetary Fund said it has reached a staff-level agreement on the fifth review under Sri Lanka’s extended fund facility arrangement. economynext.com/sri-lanka-imf-…
Sri Lanka’s renewable energy share dropped to 66 percent in July after spiking to 73 percent in June, as fuel oil use picked up amid a stronger demand for power, official data show. economynext.com/sri-lanka-sees…
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