Prime Minister Dr. Harini Amarasuriya has underscored the Government’s commitment to inclusive economic growth at the MILCO National Dairy Farmers’ Profit Sharing, Insurance and Appreciation Programme 2026 at Temple Trees. Dr. Amarasuriya highlighted that the Government is on course to build an economy that delivers benefits to all citizens, citing the dairy sector’s progress as a key example. Organised …
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The Sri Lanka Apparel Exporters Association (SLAEA) has identified deeper integration with India, accelerated technology adoption, and urgent policy reforms as its key priorities for 2026. SLAEA Chairperson Rajitha Jayasuriya said the industry seeks quota-free access to India, stable trade flows, and stronger regional value chains to sustain growth amid rising competition from Cambodia, Vietnam and Bangladesh.
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Sri Lanka’s economy remains fragile after its 2022 crisis, with foreign exchange shortages, rising debt, and limited access to international capital markets. In this context, Saudi investment especially from the Public Investment Fund (PIF) could be transformative.
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Business leaders and policymakers have called for stronger action to deepen trade and investment ties between Sri Lanka and the United Kingdom at a recent forum in London.
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The Government has set a minimum financial capability requirement of $50 million for parties seeking to participate in the divestiture of Canwill Holdings Ltd., according to clarifications issued by the Ministry of Finance, Planning and Economic Development.
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Sri Lanka’s energy sector is facing renewed scrutiny following allegations that substandard coal was imported from an Indian supplier for use in state-owned power plants. The Electricity Consumers’ Association (ECA) has urged authorities to immediately assess damage caused by the low-quality fuel and enforce remedies outlined in the procurement agreement.
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The Government has initiated steps to protect, reassess and potentially develop a major vein quartz deposit at Kotikambokka (Dhamani Thiruvana) in Monaragala District, following a field visit by Industry and Entrepreneurship Development Minister Sunil Handunnetthi.
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LB Finance PLC has secured $45 million in long-term funding from Switzerland-based impact investors responsAbility Investments AG and BlueOrchard Finance Ltd., strengthening its capacity to expand lending to Sri Lanka’s MSME sector.
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The International Finance Corporation (IFC) is planning a financing package of around USD 20 million for South Asia Gateway Terminals (SAGT), operated by John Keells Holdings, to support the upgrade of critical port equipment.
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Sri Lanka’s finance company sector recorded strong growth in 2025, with total assets rising 44% year-on-year to Rs. 2.77 trillion as at end-December, according to Central Bank of Sri Lanka data.
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