Sri Lanka’s issuance of new performance-linked sovereign bonds under its debt restructuring programme enters a challenging implementation phase as authorities work to meet strict IMF targets.
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Sri Lanka will host the IRONMAN 70.3 Colombo triathlon on February 22 at Port City Colombo, attracting nearly 1,000 athletes from over 49 countries. Organized by Serendib Multisport, the event is expected to generate high-value tourism and international media exposure.
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NDB Investment Bank Limited (NDBIB) announced it has syndicated a five-year, US$40 million loan to Maldives Airport Company Limited (MACL) to finance the new passenger terminal at Velana International Airport.
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The Sri Lanka Chamber of Small and Medium Industries (SLCSMI) has unveiled a Rs. 300 billion “Bad Bank” proposal to address the SME sector’s debt crisis, which includes an estimated Rs. 460 billion in non-performing loans.
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Sri Lanka this week hosted its first Lanka Impact Investment Summit 2026 in Colombo, drawing more than 200 local and international delegates to explore new financing avenues for economic recovery.
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Chinese Ambassador to Sri Lanka Qi Zhenhong reaffirmed Beijing’s commitment to strengthening bilateral ties as he addressed a Spring Festival celebration in Colombo on Sunday.
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Sri Lanka’s anti-corruption watchdog has revealed widespread procedural failures within State institutions, raising concerns over their impact on economic recovery in 2026.
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The Government has reaffirmed its commitment to strengthening the Port of Colombo through expansion, technology adoption, and international partnerships, positioning the ports sector as a key driver of economic growth.
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Sri Lanka is set to introduce a nationwide digital identity system by the third quarter of 2026 under the Sri Lanka Unique Digital Identity (SL-UDI) project, supported by a Rs. 10.4 billion grant from the Government of India.
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As a civil society organisation, we are pleased that the Constitutional Council (CC) has unanimously agreed on the appointment of the Auditor General (AG), bringing to an end the prolonged disagreement over this key position. The eight-month delay in appointing an AG was harmful to the country, both domestically and internationally, and this must be acknowledged.
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