Sri Lanka's CBSL selling rate hit a December 2023 high on Friday, with analysts and Sarvajana Balaya MP Dilith Jayaweera warning of an unprecedented slide.
People's Bank quoted the dollar at Rs. 332.39 on Friday as the rupee extended its 2026 slide, now down more than 5% since the start of the year.
Sri Lanka's hoteliers say sharply higher liquor licence fees are raising operating costs and driving demand to unregulated informal operators.
Acting Chairman Sulakshana Jayawardena says project information and feasibility studies are now on investsrilanka.com to streamline due diligence.
Sri Lanka's CAA fined traders Rs. 89 million in 7,334 raids across January–April 2026 for price gouging, short weights, and consumer protection violations.
Governor Nandalal Weerasinghe says the Central Bank's role is limited to price and financial stability, not promoting growth, productivity or FDI.
Governor Nandalal Weerasinghe says the Central Bank is yet to assess emerging conditions before its next monetary policy review, with OPR held at 7.75%.
The Colombo Stock Exchange edged 0.09% lower at Thursday's close on Rs. 2.6 billion turnover, while the rupee saw no spot quote on the dollar.
EDB and Janathakshan have partnered under a UNDP biodiversity project to develop bio-friendly agri exports across six Sri Lankan wet-zone districts.
Soaring fertiliser costs and urea scarcity are pushing Sri Lankan farmers from Bibile to Jaffna to abandon paddy plots, with the Maha season already at risk.
Hatton National Bank Group profit after tax reached Rs. 10.35 billion in Q1 2026; net interest margin widened to 4.45% as deposits and loans both grew.
Julie Kozack says the Executive Board will meet within weeks to clear Sri Lanka's combined fifth and sixth EFF reviews, releasing about $700 million.
Matara Magistrate fined two tourist hotels Rs. 500,000 each after CAA raids found them selling Rs. 100 water for Rs. 450 and Rs. 70 water for Rs. 300.
CEB engineers expect a sharp drop in thermal and coal generation costs as Mahaweli and Laxapana reservoirs fill up amid widespread heavy rains.
CBSL exchange rate data shows the dollar selling rate at Rs. 329.92 on Thursday, the weakest level for the rupee in nearly 17 months.
Russian Ambassador Levan Dzhagaryan held May 13 talks with A.J. Fernando and CPC Chairman D.J. Rajakaruna, signalling renewed bilateral energy dialogue.
Sampath Bank assets crossed Rs. 2 trillion for the first time in Q1 2026; PAT fell 26% as impairment charges and an Rs. 1.5bn geopolitical overlay weighed.
Industry Minister Sunil Handunneththi unveils a 2026 framework targeting structural SME barriers, with 11 strategic pillars and a dedicated Growth Fund.
Treasury bill yields dropped across all three maturities at the May 13 auction, with the Public Debt Management Office selling Rs. 88 billion of bills.
Vidullanka has acquired a 49% stake in Storex for about Rs. 2 billion, joining WindForce in a 12-plant battery energy storage portfolio awarded by the CEB.
President Dissanayake says diesel costs Rs.720 per litre but is sold at Rs.392, with oil imports up six times between February and May.
CBSL Governor Weerasinghe says Central Bank and Finance Ministry are reviewing procedures to prevent a repeat of the USD 2.5M Treasury fraud.
Nandalal Weerasinghe confirmed CBSL asked all licensed banks to run internal checks for NDB-style misappropriation; no other incidents were reported.
Nandalal Weerasinghe says the rupee is weakening alongside other regional currencies, unlike the 45% domestic-driven collapse of March-April 2022.