Sampath Bank PLC’s debenture issue attracted applications exceeding Rs. 10 billion, surpassing the maximum amount available under the offer. In a stock exchange disclosure, the bank said the issue would
Month: October 2026
Sri Lankan banks’ offshore lending surges 52% amid Middle East conflict risksSri 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
Public–Private partnership: Cabinet approves bill to establish PPP agencyPublic–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
SL–Thailand Business Council seeks FTA roadmap, 10,000 job opportunitiesSL–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
IMF ready to support Sri Lanka beyond current programmeIMF ready to support Sri Lanka beyond current programme
The International Monetary Fund (IMF) has pledged continued support for Sri Lanka beyond the expiry of its current lending programme in March, while stressing that completing the remaining reviews and
We are not inflation nutters; SL not ready for sub-5% inflation target: CBSLWe are not inflation nutters; SL not ready for sub-5% inflation target: CBSL
The Central Bank of Sri Lanka (CBSL) has ruled out a lower inflation target for now. It concluded that a goal below 5% would force a prolonged period of tight
Sri Lanka records over $2.24 Bn in tourism earnings as visitor arrivals near 1.7 Mn markSri Lanka records over $2.24 Bn in tourism earnings as visitor arrivals near 1.7 Mn mark
Sri Lanka generated USD 2,245.2 million in tourism revenue during the first nine months of 2026, welcoming a total of 1,693,679 international visitors, according to official data released by the
BOI pitches US$ 65.1 Mn in value-added exports at Rome forumBOI pitches US$ 65.1 Mn in value-added exports at Rome forum
Sri Lanka has presented US$65.1 million worth of investment opportunities in high-value agricultural exports, targeting technology-driven companies to transform traditional commodities into premium products for global markets. The Board of
Sri Lanka, China discuss expanding economic cooperationSri Lanka, China discuss expanding economic cooperation
Sri Lanka and China have discussed ways to deepen bilateral relations and expand economic cooperation to support the island’s economic development. The discussions took place on Thursday (14) at the
Sri Lanka must earn FTAs, says Deputy MinisterSri Lanka must earn FTAs, says Deputy Minister
Sri Lanka must earn free trade agreements (FTAs) through deep domestic reforms rather than expect them to follow from negotiation alone, Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe said.