Business
EU and UNIDO launch €7.56 mn net-zero roadmap for Sri Lanka apparel sector
EU-funded AICRSL initiative will develop a Net-Zero Roadmap for Sri Lanka's textile and apparel sector — 40.7% of merchandise exports and 31.3% EU-bound.
Business
1729 stories 
Business
Sri Lanka tourist arrivals top 900,000 for 2026 as April-May pace slows sharply
Sri Lanka logged 904,855 tourist arrivals between January 1 and May 6, but daily arrivals in April and May fell sharply against the strong January–March pace.
Business
Sri Lanka to Launch South Asia's First Private-Sector Sustainable Tourism Association in August
SusTour finalises August launch after May 6 meeting; Deputy Tourism Minister Ruwan Ranasinghe to officiate, Australia and SLTDA pledge support.
Business
Sri Lanka April remittances reach $767.9 mn; reserves at $6.76 bn
CBSL data for April 2026 shows remittances up year-on-year despite a monthly dip, gross official reserves at US$ 6.759 bn, and tourism arrivals slowing.
Business
COPF questions Central Bank over NDB fraud, says all audit layers failed
COPF told CBSL that NDB's internal audit, external auditors, board audit committee and CBSL's own banking supervision unit all missed the fraud.
Business
CSE closes above 23,000 for first time after volatile session
ASPI ended +0.29% at 23,063 after crossing 23,000 intraday and dipping back. S&P SL20 closed +0.43% at 6,319; turnover Rs.4bn.
Business
People's Leasing Rs.10bn listed debenture rated BBB+(lka) by Fitch
Fitch assigned an expected BBB+(lka) rating to People's Leasing's planned Rs.10bn 5-year subordinated listed debenture, two notches below the issuer rating.
Business
Port City to take investor roadshow to Dubai on June 11
CPCEC Chairman Harsha Amarasekara says Middle East roadshow will pitch Port City as a supplementary investment zone, with CHEC and SL missions co-hosting.
Business
Rupee selling rate hits Rs.325 across major banks as currency weakens
Commercial bank selling rates touched Rs.325 to the dollar on Friday, the weakest level since the rupee's recovery cycle began in March.
Business
Shermans Logistics signs MoU with India's Glottis to build trade corridor
Esna Group's Shermans Logistics partners with India's Glottis Ltd on project cargo, renewable energy logistics and freight forwarding across both markets.
Business
EDB hosts Karachi Chamber delegation to push private-sector use of Pakistan FTA
Sri Lanka's Export Development Board and KCCI discuss greater FTA utilisation, B2B engagement and trade facilitation at Colombo meeting.
Business
SLIC General first Sri Lankan insurer to cross Rs.30bn in gross premiums
Sri Lanka Insurance Corporation General Ltd. says it has reached the milestone, strengthening its lead over private rivals in the general insurance market.
Business
Vietjet to launch Colombo–Ho Chi Minh City direct flights from August 18
Vietjet Air will launch direct Colombo–Ho Chi Minh City flights on August 18 with three round-trips a week, opening Asia-Pacific connectivity for Sri Lanka.
Business
ADB urges Sri Lanka to build long-term resilience after repeated shocks
ADB Country Director Shannon Cowlin says tsunami, terror, COVID, the economic crisis and Ditwah have exposed structural weaknesses needing deep reform.
Business
Cabinet clears $250m ADB-funded climate-resilient water and sanitation project
Five sub-projects covering Ambatale, Jubilee, Kolonnawa, Lunugamvehera and Jaffna will move into procurement under a $250m ADB-backed initiative.
Business
Colombo-Hanoi and Ho Chi Minh City direct flights to launch during Vietnam visit
Vietnam Airlines and VietJet Air will officially launch direct services to Sri Lanka during Tô Lâm's May 7-8 state visit, opening a new ASEAN air corridor.
Business
Colombo stocks close near 23,000 mark on US-Iran peace hopes
ASPI rose 1.13 percent to 22,997 on Thursday, just shy of the 23,000 mark, as reports of a US one-page MoU to Iran lifted regional risk sentiment.
Business
Dhammika Perera adds Rs. 4.6 billion to Hayleys via historic rights issue
The Hayleys co-chairman subscribed to 22.95 million shares at Rs. 200 each in the conglomerate's first rights issue since he took control in 2009.
Business
EU-backed initiative says GSS+ bonds have mobilised Rs. 85bn in Sri Lanka
EU's Green Recovery Facility says recent GSS+ bond issuances have raised Rs. 85bn (EUR 186m) for renewable energy, water and social infrastructure in Sri.
Business
Free Trade Zone manufacturers urge PUCSL to activate power wheeling under Section 13
FTZMA told the PUCSL consultation that activating Section 13 would save foreign exchange and unlock private renewable investment at no cost to the Treasury.
Business
German investors to visit Colombo for German Business Forum 2026 in May
Potential German investors will visit Colombo for the German Business Forum 2026 on May 27-29, the BOI confirmed, with apparel and rubber anchoring trade.
Business
India rejects China claim, asserts it remains Sri Lanka's top trade partner
Indian HC Santosh Jha cites US$ 6.4bn 2025 trade turnover after Beijing's embassy in New Delhi claimed China had become Sri Lanka's No. 1 trading partner.
Business
Marine Drive to extend to Moratuwa as Port Access Road slips to August
Transport Minister Bimal Rathnayake says the contractor is delaying the Galle Face link, with the second segment to Lotus Roundabout now slated for mid-2027.
Business
Oil prices extend sharp decline as US-Iran diplomacy cools Hormuz fears
Brent fell 3.5 percent to $97.5 and WTI 3 percent to $92 as a US one-page MoU to Iran via Pakistan signalled a shift toward diplomacy over the Strait of.