Read the latest news from regional and global sources, presenting different voices and perspectives.
Commercial Credit and Finance secures first place in K Seeds Investments’ ranking report
Daily FT
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K Seeds Investments has identified Commercial Credit and Finance PLC as the best performing Finance Company under the 1st category among the 28 listed Finance Companies in Sri Lanka through a ranking carried out based on their financial...
“BOC is more than a bank; it is a national partner in progress”
Daily FT
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Prof. Dewasiri N. Jayantha A conversation with Sabaragamuwa University of Sri Lanka Professor in Finance, Sri Lanka and Institute of Marketing (SLIM) President Prof. Dewasiri N. Jayantha Following is an exclusive interview with the inspiring...
HNB Assurance crowned Best Life Insurance Company by Global Brands magazine
Daily FT
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Executive Director/CEO Lasitha Wimalarathne HNB Assurance PLC, has been recognised as the Best Life Insurance Company – Sri Lanka 2024 by Global Brands magazine, UK. It said this international accolade emphasises HNBA’s position as a strong player...
CEAT subsidiary OHT Lanka signs $171 million investment deal with BOI Sri Lanka
Business Upturn
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August 22, 2025
CEAT OHT Lanka (Private) Limited, a subsidiary of CEAT Ltd., has taken a major step in expanding its international presence by signing a landmark agreement with the Board of Investment of Sri Lanka (BOI), formalising a US$171 million...
India's CEAT to ramp up tyre exports from Sri Lanka amid US tariff threat
Channel News Asia
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August 22, 2025
India's CEAT said on Friday it will increase tyremaking capacity at its export-focused Sri Lankan factories, at a time when New Delhi faces a sharply higher U.S. tariff rate compared with Colombo. CEAT's local unit in the island nation signed a...
Former Sri Lanka President Ranil Wickremesinghe arrested
Al Jazeera
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August 22, 2025
Police say the former leader is accused of misuse of public funds in relation to a trip to London. Former Sri Lankan President Ranil Wickremesinghe has been arrested and appeared in court over allegations he misused state funds while in office,...
Sri Lanka shares end flat; July inflation rises
Business Recorder
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August 21, 2025
Sri Lankan shares closed flat on Thursday, as gains in IT and communication services stocks were offset by losses in consumer staples. The CSE All Share index settled flat at 20,715.49. The island nation’s consumer prices rose 0.7% year-on-year in...
HNB showcases Club Elite Mastercard experience with Maldives preview
Daily FT
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HNB PLC, Sri Lanka’s leading private sector bank, recently hosted an exclusive experience event in the Maldives to highlight the lifestyle benefits of its invitation-only the Club Elite metal Mastercard. The curated two-day program brought...
Sri Lanka to build 2 battery power plants by 2027
Xinhua News Agency
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COLOMBO, Aug. 21 (Xinhua) -- Sri Lanka will build two battery power plants with a combined capacity of 260 megawatts in 2026 and 2027, said a minister on Thursday. Minister of Energy Kumara Jayakody told the parliament that one plant will have a...
Former Sri Lankan President Ranil Wickremesinghe Arrested For 'Misusing Govt Funds'
News18
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August 22, 2025
Last Updated:August 22, 2025, 14:12 IST Former Sri Lankan President Ranil Wickremesinghe was arrested by the country's Criminal Investigation Department on Friday for allegedly "misusing government funds". Ranil Wickremesinghe arrested by CID (AFP...
EU’s The Routes We Take project to feature at YGC festival in Jaffna, Sri Lanka
EconomyNext
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August 22, 2025
ECONOMYNEXT – A project called The Routes We Take by an EU network of national cultural organisations and Good Life X will have its second edition at the YGC Innovation Festival in Jaffna, Sri Lanka, from August 29-30. At the festival, the project...
China Reaffirms Belt and Road Commitment with Sri Lanka amid Deepening Ties
Lanka News Web
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August 22, 2025
China has reiterated its commitment to strengthening cooperation with Sri Lanka under the Belt and Road Initiative (BRI), pledging continued support for infrastructure, trade, and cultural exchanges as part of what Beijing describes as a “shared...
Sri Lanka Praises UK’s Easing of Tariff-Free Rules
Sourcing Journal - New York
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August 20, 2025
The trade group that represents Sri Lanka’s tentpole apparel industry on Tuesday praised the U.K. government’s announcement of liberalized rules of origin that will allow the country’s manufacturers to source up to 100 percent of their inputs from...
Sri Lanka’s parliament passes Gambling Regulatory Authority Bill
GGRAsia
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August 21, 2025
Sri Lanka’s parliament has passed the Gambling Regulatory Authority Bill via a second reading, a week after it was approved by the body’s Committee on Public Finance. It comes into force as the Gambling Regulatory Authority Act, upon endorsement...
Rajapaksa assumes duties as Sri Lanka’s High Commission in South Africa
Colombo Gazette
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August 20, 2025
The newly appointed High Commissioner of Sri Lanka to South Africa, Air Chief Marshal Udeni Rajapaksa (Retd.), assumed duties at the High Commission of Sri Lanka in Pretoria. On 18 August 2025, High Commissioner Rajapaksa presented copies of his...
Will Patel Retail, Vikram Solar give jackpot listing gains today?
The Hindu Business Line
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August 26, 2025
The secondary market will see the addition of four more companies, Patel Retail, Vikram Solar, Shreeji Shipping Global and Gem Aromatics, which will make their market debut on Tuesday. All these companies’ recently concluded IPOs witnessed a...
Why Sri Lanka’s Tamils are flagging militarisation | Explained
The Hindu
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August 22, 2025
Remains of damaged vehicles in the war seen by the roadside in Mullaitivu district. | Photo Credit: File Photo The story so far: On August 18, Sri Lanka’s prominent Tamil party the Ilankai Tamil Arasu Kadchi (ITAK), called a symbolic hartal across...
Global drive for AI influencers spurs new opportunities for Sri Lankan MarTech companies like Enfection
Daily FT
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The influencer marketing industry continues its rapid evolution, with AI-powered influencers emerging as a game-changing force. The sector’s market size is projected to soar to $ 32.55 billion by the end of 2025, fuelled by advanced AI integration...
APB Sri Lanka earns regional recognition at Banking Summit in Nepal
Daily FT
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The Association of Professional Bankers (APB) Sri Lanka, the country’s professional body for banking, has marked a new milestone when its leadership participated in the BFIN International Banking Summit 2025, held in Kathmandu, Nepal on 15 and 16...
Brain drain: Draining Sri Lanka’s economic and social progress
Daily FT
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The findings of a recent study undertaken by two academics attached to Peradeniya University – Prof. Wasantha Athukorala and Lakshman Kumara – analysing the migration patterns of Sri Lankan state university graduates with a focus on science and...