Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lankan authorities urge public to cut water use due to drought
Xinhua News Agency
·
COLOMBO, July 9 (Xinhua) -- Sri Lanka's National Water Supply and Drainage Board (NWSDB) on Wednesday asked consumers to use drinking water sparingly, as ongoing dry weather is limiting supplies across the country. The NWSDB said the extreme dry...
Exporters urge Sri Lankan Government to uphold transparent trade practices
Colombo Gazette
·
July 9, 2025
The Joint Chambers of Commerce urged the Government of Sri Lanka to engage in meaningful consultation with all recognized industry chambers before making decisions that directly impact trade, exports, and the wider economy. The call comes in...
Real estate, consumer discretionary stocks lift Sri Lanka shares
Business Recorder
·
July 9, 2025
Sri Lankan shares closed higher on Wednesday, aided by gains in real estate and consumer discretionary stocks. The CSE All Share index settled up 0.72% at 18,161.49. United Motors Lanka and Sathosa Motors were the top two gainers on the CSE All...
Sri Lanka AliExpress crisis can be ended with Mangala Samaraweera de minimis rule: Harsha
EconomyNext
·
July 9, 2025
ECONOMYNEXT – Sri Lanka’s former Finance Minister Mangala Samaraweera had set a 50 dollar limit for tax free (de-minimis) online purchases from abroad, but it is not being implemented properly, opposition legislator Harsha de Silva said. The...
Trump tariff triggers massive job loss fears in Bangladesh, panic grips garment industry
Firstpost
·
July 9, 2025
The fear of job losses is rippling through Bangladesh’s garment hubs as US President Donald Trump’s 35% tariff on the South Asian nation threatens orders from its main export market and crimps the country’s biggest industry. The readymade garments...
Defunded by Trump, a Sri Lankan Project Confronts the Problem It Tried to Solve
The Nation
·
July 9, 2025
Staff at Media Empowerment for a Democratic Sri Lanka never expected their small initiative to become the target of the kind of fake news it had actively worked to fight against. Ad Policy Protestors gather outside of USAID headquarters in...
Sri Lanka Treasuries yields edge up across maturities
EconomyNext
·
July 8, 2025
ECONOMYNEXT – Sri Lanka’s former Finance Minister Mangala Samaraweera had set a 50 dollar limit for tax free (de-minimis) online purchases from abroad, but it is not being implemented properly, opposition legislator Harsha de Silva said. The...
Marriott expands in India and Sri Lanka with seven-hotel deal with Ventive Group
ETTravelWorld.com
·
July 9, 2025
Ventive Hospitality Limited (BSE: 544321, NSE: VENTIVE), along with its Promoter Group Companies, has expanded its partnership with Marriott International through new hotel management contracts. The agreement covers seven properties comprising...
Sri Lanka: Nationwide insurance awareness campaign launched
Asia Insurance Review
·
Sri Lanka's insurance regulator, the Insurance Regulatory Commission of Sri Lanka (IRCSL) has launched a nation-wide campaign to increase awareness on the benefits of insurance and to promote financial literacy. The campaign with the theme of...
Dissanayake faces litmus test as India eyes Sri Lanka energy stakes
Nikkei Asia
·
COLOMBO/NEW DELHI -- India's quest for energy stakes in Sri Lanka has exposed a foreign policy litmus test for President Anura Kumara Dissanayake, a neophyte in geopolitics. New Delhi has set its sights on developing an energy hub in Trincomalee,...
AHK Sri Lanka and Minister Dr. Jayatissa in strategic dialogue to strengthen healthcare sector
Daily FT
·
In a significant step toward enhancing Sri Lanka’s healthcare system, Delegate of the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) Chief Martin Klose held a high-level, solution-oriented discussion with Health Minister...
Daraz Sri Lanka and NEDA expand strategic partnership with capacity-building program for MSME enablement
Daily FT
·
Daraz Sri Lanka, in partnership with the National Enterprise Development Authority (NEDA) under the Industry and Entrepreneurship Development Ministry, has launched a new capacity-building program to strengthen institutional support for micro,...
Dhammika Perera buys Sri Lanka’s East West Properties
EconomyNext
·
July 8, 2025
ECONOMYNEXT – Sri Lanka should not force people who have imported vehicles on third country letters of credit under an international practice, which are now blocked in the port, to re-export them opposition legislator Harsha de Silva said....
Japan-Sri Lanka talks on bolstering cooperation on climate-friendly initiatives
The Island
·
July 8, 2025
In a significant diplomatic engagement underscoring the growing emphasis on environmental sustainability, the Japanese ambassador to Sri Lanka, Mizukoshi Hideaki, paid an official visit to the Ministry of Environment on Monday. The discussions...
Centenary of Sri Lanka Medical Council: To evolve or to revolve?
The Island
·
July 8, 2025
By Dr Isuru U. Kariyawasam Senior Lecturer, Department of Botany, University of Sri Jayewardenepura isurufasi@sjp.ac.lk At a time when biodiversity loss, climate change, and food insecurity dominate international headlines, and sustainable...
Sri Lanka sees rise in domestic cement demand
Global Cement
·
Sri Lanka: Domestic cement demand rose to 4.71Mt since July 2025, up from 3.96Mt, according to Tokyo Cement. The company attributed the increase to the ‘latent demand and low base effect of the previous year.’ It said that local production has...
Sri Lanka faces 50,000 job loss risk amid looming US tariffs: FTZMA
Daily FT
·
FTZMA Chairman Dhammika Fernando says Sri Lanka already risks losing competitiveness to Bangladesh, Vietnam, India Notes uncertainty makes it hard for exporters to plan Calls on Govt. to diversify products and markets; urge stronger access to UK,...
Sri Lanka to roll out nationwide property tax by 2027 as part of IMF-backed reform agenda
Lanka News Web
·
July 8, 2025
July 08, Colombo (LNW): The Sri Lankan government has pledged to implement a nationwide property tax beginning in the first half of 2027, as part of a sweeping economic reform package agreed upon with the International Monetary Fund (IMF). Work is...
The awards programme showcased industry leaders reshaping the future of insurance in Asia Pacific.
Insurance Asia
·
July 9, 2025
The awards programme showcased industry leaders reshaping the future of insurance in Asia Pacific. Marking a decade of industry excellence, the 10th Insurance Asia Awards took centre stage as it celebrated the region’s finest insurers, recognising...
Sri Lanka Central Bank opts for anti-pyramid scam week
EconomyNext
·
July 8, 2025
ECONOMYNEXT – Sri Lanka’s Central Bank will launch a week long awareness programme against pyramid schemes from July 14-18 amid scrupulous people and firms continuing such scams despite actions by the Central Bank. Officials at the Central Bank...