United Motors Lanka posted a record Rs. 3.61 billion Group profit for FY26 — up 4,847% from Rs. 73 million — as the vehicle import reopening revived sales.
ABC Australia and Sri Lanka's Maharaja Media Network signed an MoU covering co-productions, content sharing and Indo-Pacific media exchange.
Components for an initial 20 MW battery storage system have arrived, kicking off Sri Lanka's 160 MW national BESS project at Galle and Matara substations.
Commercial Bank says customers can move PayPal balances straight into local accounts via ComBank Digital, the second Sri Lankan bank to add the feature.
Acting Foreign Minister Arun Hemachandra used an EU-Sri Lanka Business Roundtable to pitch the island as a regional maritime hub seeking European investment.
Fitch Ratings says CBSL's lower loan-to-value caps on vehicle and gold lending will strengthen risk buffers, especially at finance companies most exposed.
IMF's Papageorgiou said the rupee is acting as a shock absorber and Sri Lanka's first line of defence against oil shocks, with reserves building but slower.
John Keells Holdings posted 75% group EBITDA growth to Rs.80bn for FY26, as City of Dreams and WCT-1 began contributing materially for the first time.
People's Bank reported Rs.16.6bn standalone PBT for Q1 2026, raising capital adequacy to 17.9% after Sri Lanka's largest Basel III Tier 2 debenture.
PM Harini opened the Sri Lankan-German Business Forum 2026 at ITC Ratnadipa, pitching the island as an FDI destination in maritime and logistics.
Sri Lanka's debt office tapped an extra Rs.4.3bn in T-bills at 9.36%, 9.68% and 9.83% after Tuesday's auction fell short of the Rs.140bn offered amount.
The Central Bank's dollar selling rate crossed Rs. 330 on Wednesday as the interbank spot closed weaker at 328.50/332.00, pausing the rupee's recovery.
Governor Nandalal Weerasinghe says panicked importers bought forward dollars at up to Rs. 400 while the interbank rate sat near Rs. 330.
President Anura Kumara Dissanayake will inaugurate construction of the Rambukkana–Galagedara Central Expressway phase at Galagedara on Friday.
Energy Minister Anura Karunathilaka says the government is weighing legal options over a third coal shipment with ash content above the permitted limit.
The IMF Executive Board cleared Sri Lanka's combined fifth and sixth EFF reviews, releasing about US$695 million and lifting total payouts to US$2.4 billion.
Sri Lanka has passed one million tourist arrivals before end-May for the second straight year, Minister Vijitha Herath says, with India the top source market.
The Board of Investment's new readytoinvestsl.com portal lists 30 project-ready opportunities across eight sectors as 2025 FDI rose 73% to $1.06 billion.
Sri Lanka approves a sugarcane-sector cooperation project with Brazil to lift domestic yields and cut reliance on imports, which meet about 90% of demand.
Sri Lanka's Cabinet approves a committee to recommend legal reforms for temporary manpower-agency workers in state enterprises, citing ILO equal-pay norms.
Governor Nandalal Weerasinghe says the IMF programme permits Sri Lanka's fuel subsidies and that reserve targets were adjusted in the latest review.
The Central Bank announces a closely watched policy rate decision today as its Q1 survey shows banks' appetite to lend strengthening despite external risks.
Sri Lanka's Central Bank raised the Overnight Policy Rate 100 basis points to 8.75%, citing faster inflation, stronger credit and pressure on the rupee.
Former CBSL Governor Indrajit Coomaraswamy says the rupee's slide reflects external shocks and market overreaction — not a repeat of the 2022 crisis.