Business
Sri Lanka raises Rs150 billion in three-way government bond sale
Sri Lanka sold Rs150 billion of bonds maturing in 2030, 2034 and 2037, with all offered amounts fully taken up at yields between 11.57% and 12.58%.
Business
1065 stories Business
Toyota Lanka breaks ground for flagship showroom in Bambalapitiya
Toyota Lanka has broken ground on a new flagship showroom in Bambalapitiya, Colombo, designed by Design Consortium International.
Business
Two Russian firms registered as CPC fuel suppliers, eligible for July 21 crude tender
CPC registers Rosneft and Zarubezhneft as fuel suppliers, clearing them to bid in a crude oil tender opening July 21.
Business
Sri Lanka set for 'good news' on US tariffs, says outgoing envoy Samarasinghe
Outgoing US envoy Mahinda Samarasinghe says Sri Lanka will soon get 'very good news' on lower US tariffs, and would serve again if the government asks.
Business
Sri Lanka lost over Rs. 25 billion in cigarette tax revenue since 2025, Verité Research finds
Verité Research says Sri Lanka has forgone over Rs. 25 billion in cigarette tax revenue since 2025 by keeping tobacco duties below WHO-recommended levels.
Business
Cabinet awards BIA departure terminal expansion to Maga Engineering
Cabinet awards BIA departure terminal expansion to Maga Engineering for 36 check-in counters and six boarding gates.
Business
Colombo bourse closes down Tuesday as banks lead turnover
The All Share Price Index fell 0.50% to 21,424.71 on Tuesday as banking counters led turnover of Rs1.089 billion on the Colombo Stock Exchange.
Business
FAO and China launch US$2 million aquaculture project in Sri Lanka and Tanzania
FAO and China have launched a US$2 million project to strengthen sustainable aquaculture in Sri Lanka and Tanzania.
Business
Audit finds water board has no tariff policy despite raising charges up to 100%
A National Audit Office report says the NWSDB has run for 49 years with no formal water-tariff policy, having revised charges 17 times since 1990.
Business
Sri Lanka opens international tender for 250MW/1000MWh battery storage
Sri Lanka has launched an international tender for a 250MW/1000MWh battery storage system across 25 grid substations to strengthen grid stability.
Business
Sri Lanka posts Rs. 197 billion budget surplus as revenue jumps 31%
Sri Lanka recorded a Rs. 197.3 billion budget surplus in the first five months of 2026 as revenue rose 30.6%, reversing a year-earlier deficit.
Business
Cabinet Clears US$57mn ADB, EU, Japan Funding for Rooftop Solar Net Metering
Cabinet approves US$57 million from ADB, EU and Japan for rooftop solar and net metering project.
Business
Cabinet Approves €924,000 German Grant for Energy-Efficient Buildings
Cabinet clears €924,000 German grant to promote energy-efficient and climate-resilient buildings.
Business
Cabinet Backs Zero-Waste Cinnamon Processing Centre in Ruhuna
Cabinet approves zero-waste cinnamon processing centre at University of Ruhuna for smallholder savings.
Business
Cabinet approves five-year national anti-money-laundering policy for 2026–2030
Sri Lanka's Cabinet approved a five-year national anti-money-laundering policy (2026–2030) based on the Central Bank's latest FATF-aligned risk assessment.
Business
Sri Lanka tourist arrivals surpass 1.2 million mark for 2026
Sri Lanka recorded 1,217,956 arrivals from Jan 1 to July 12, crossing the 1.2 million mark, though figures remain marginally below last year.
Business
Government plans dedicated bank for farmers with Rs. 100,000 per-acre production allowance
Government plans dedicated farmers' bank offering Rs. 100,000 per-acre production allowance to reduce reliance on high-interest loans.
Business
Container cargo ferry linking India's Karaikal with KKS and Trincomalee to launch in September
A Chennai-based operator will run a weekly container-cargo ferry between India's Karaikal and Sri Lanka's KKS and Trincomalee from September.
Business
NITF sets July 31 deadline to move Agrahara insurance records online
The National Insurance Trust Fund will move Agrahara insurance disbursements fully online, setting a July 31 deadline for public servants to update records.
Business
Paddy purchasing for 2026 Yala season begins
The Paddy Marketing Board begins buying the 2026 Yala harvest at guaranteed prices up to Rs.140/kg, with Rs.6 billion in funding allocated.
Business
Sri Lanka rupee steady at 335.70/336.00, bond yields flat
The Sri Lanka rupee was quoted at 335.70/336.00 to the US dollar on July 13, with government bond yields broadly unchanged and the Colombo bourse little moved.
Business
2027 Budget Speech scheduled for November 12
Sri Lanka's 2027 Budget Speech will be presented to Parliament on November 12, 2026, the Finance Ministry has announced.
Business
CAA raids four train canteens over overpriced goods
The Consumer Affairs Authority has raided four train canteens for selling goods above the maximum retail price, and says legal action will follow.
Business
All farmers hit by Cyclone Ditwah compensated, department says
The Department of Agrarian Development says all 112,442 farmers affected by Cyclone Ditwah have now been compensated at a total cost of Rs. 8.89 billion.