Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka signs landmark agreement with ESCAP-CSAM to enhance agricultural machinery standards
Daily FT
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The Sri Lanka Standards Institution (SLSI) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), through its Centre for Sustainable Agricultural Mechanisation (CSAM), signed a landmark Memorandum of Agreement...
Sri Lankan design talent makes global mark at Graduate Fashion Week London
Daily FT
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AOD Graduate Nethangi Fernando takes centre stage When Sri Lankan design talent takes the stage at events like London’s Graduate Fashion Week, it signals more than individual success, it proves that creative youth from our island can compete...
Sri Lanka fabric maker Teejay says global demand softened in the quarter
EconomyNext
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August 3, 2025
ECONOMYENXT – Clinics run by Médecins Sans Frontières in Gaza are beginning to overflow with malnourished kids and pregnant mothers who are severely as Israel food blockade starve the population, the medical charity said. At MSF clinics, injured...
Bank of Ceylon crowned Sri Lanka’s Most Valuable Brand in 2025
Daily FT
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Chairman Kavinda de Zoysa, General Manager/Chief Executive Officer Russel Fonseka The Bank of Ceylon (BOC) has been named Sri Lanka’s Most Valuable Brand for 2025 by Brand Finance Lanka, with a brand value of Rs. 57.4 billion reflecting a 14.3%...
Swisstek Aluminium pledges to deliver Sri Lanka’s most reliable solar mounting systems
Daily FT
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Solar mounting systems by Swisstek Aluminium designed to securely hold solar panels Swisstek Aluminium pledges to assist Sri Lanka in turning its renewable energy goals for 2030 into reality with its cutting-edge solar mounting systems. As the...
Sri Lanka introduces inaugural skills training program for inmates
AzerNews
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August 4, 2025
By Alimat Aliyeva Sri Lanka is set to launch a groundbreaking program that will offer vocational training to inmates while they serve their sentences, a move aimed at rehabilitation and long-term reintegration into society, an official announced...
Sri Lanka’s diversity and authenticity edge over traditional casino hubs: Melco Chief
Daily FT
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Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says Sri Lanka can be India’s Macau Sees Sri Lanka as tourism gateway linking Asia, Europe and Middle East Asserts opportunity for Sri Lanka’s tourism economy is substantial Notes City of...
Sri Lanka Forex Gains Offset by Soaring Vehicle Import Demand
Lanka News Web
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August 4, 2025
By: Staff Writer August 04, Colombo (LNW): Sri Lanka is walking a fiscal tightrope as it seeks to sustain macroeconomic stability amid rising vehicle import pressures and stringent IMF foreign reserve targets. While the country reported a...
Sri Lanka’s Casino Industry Bets on Survival amid Heavy Taxes, Scrutiny
Lanka News Web
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August 4, 2025
By: Staff Writer August 04, Colombo (LNW): Sri Lanka’s newly opened City of Dreams integrated resort, a $1.2 billion mega-development by John Keells Holdings (JKH) in partnership with global gaming giant Melco Resorts and Entertainment, is...
Würth Group affirms future investment in Sri Lanka
Daily FT
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Sixth from left onwards: Würth Lanka Chief Executive and Managing Director Suranga Kekuluwalage, Würth Group Central Managing Board Member Dr. Reiner Specht, Senior Vice President for South and Southeast Asia Christian Olsen, and the management...
FITIS launches roadmap for digital transformation in Sri Lanka
Daily FT
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The Federation of Information Technology (FITIS), the apex national body representing the IT industry in Sri Lanka, serving as a collective voice for the country’s key industry stakeholders held a media launch at the Organisation of Professional...
Sri Lanka’s first integrated casino resort, City of Dreams Colombo, opens with Melco at the helm
Yogonet International
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August 4, 2025
Sri Lanka formally opened City of Dreams Sri Lanka, the region’s first fully integrated resort, on 2 August, bringing international-standard casino gaming to the country for the first time in collaboration with global entertainment giant Melco...
Sri Lanka: Farmers fight solar plans on ancestral lands
Deutsche Welle
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August 4, 2025
Standing next to a tall, wired fence, Sinnathurai Chitravelayutham looks out at his farming land. It's been nearly 20 years since he was allowed to use it. "Don't ask me how I feel, I'll get upset," the 68-year-old told DW. Chitravelayutham is a...
Sri Lanka stocks dip 0.64-pct after ASPI crosses 20,000 mark
EconomyNext
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August 4, 2025
ECONOMYNEXT – Colombo’s All Share Price Index (ASPI) fell 0.64 percent after reaching an all time high in early morning trade, brokers said. The index crossed the psychological 20,000 mark. However, the market deescalated due to selling pressure....
Sri Lanka rupee stronger against dollar, bonds steady
EconomyNext
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August 4, 2025
ECONOMYNEXT – Colombo’s All Share Price Index (ASPI) fell 0.64 percent after reaching an all time high in early morning trade, brokers said. The index crossed the psychological 20,000 mark. However, the market deescalated due to selling pressure....
Consumers Stand to Pay Up to 40% More for Shoes, Apparel Due to Tariffs
Sourcing Journal - New York
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August 4, 2025
Consumers are facing the highest tariffs since the Great Depression, and they stand to lose an average of $2,400 in household income this year due to the effects of trade turmoil. That’s according to Friday’s Yale Budget Lab State of U.S. Tariffs...
Fish Harvest Improves as Sri Lanka Ramps Up Seafood Distribution
Lanka News Web
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August 4, 2025
By: Staff Writer August 04, Colombo (LNW): Sri Lanka’s seafood export industry, a vital contributor to the national economy, is regaining momentum following recent setbacks. In 2023, the country exported seafood worth USD 288.62 million, and...
Sri Lanka central bank makes over $750mn unsterilized forex sales to govt
EconomyNext
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August 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has made 231.9 billion rupees (about 770 million dollars) worth unsterilized foreign exchange sales to the government in the first half of 2025, reducing excess liquidity in the banking system, official data...
Sri Lanka stock index tops 20,000 points, rupee steady
EconomyNext
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August 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has made 231.9 billion rupees (about 770 million dollars) worth unsterilized foreign exchange sales to the government in the first half of 2025, reducing excess liquidity in the banking system, official data...
Sri Lanka launches national fishing vessel census after decade
Xinhua News Agency
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COLOMBO, Aug. 4 (Xinhua) -- Sri Lanka launched its national fishing vessel census on Monday, after a lapse of 10 years, a minister said. Minister of Fisheries, Aquatic and Ocean Resources Ramalingam Chandrasekar said the census, which will run...