EDB, UK Promote DCTS Export Opportunities
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Editor
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February 19, 2026
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Business News
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The Sri Lanka Export Development Board, in partnership with the British High Commission Colombo, conducted a hybrid awareness session on 11 February 2026 to help exporters capitalize on the United Kingdom’s Developing Countries Trading Scheme (DCTS).
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Cabinet Clears Colombo Housing Phase II
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Editor
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February 19, 2026
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Investment
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The Cabinet of Ministers has approved Phase II of the Colombo Urban Regeneration Project, securing $158 million in financing from the Asian Infrastructure Investment Bank to build 4,074 housing units for underserved communities.
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Sri Lanka Strategic Project Tax Incentives Reviewed
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February 18, 2026
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Sri Lanka’s tax concessions for projects designated under the Strategic Development Projects Act, No. 14 of 2008 are under review amid fiscal reforms linked to the International Monetary Fund program.
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Sri Lanka’s manufacturing and services expand last month at slower pace
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February 18, 2026
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Sri Lanka’s manufacturing and services sectors expanded in January 2026, though at a slower pace than December’s seasonal peak, according to the Central Bank of Sri Lanka.
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Access Engineering Commissions $6.9 Million Cyclotron Facility
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Editor
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February 17, 2026
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Investment
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Access Engineering PLC yesterday commissioned a $6.9 million cyclotron-based radiopharmaceutical production facility, marking its formal entry into advanced nuclear medicine infrastructure.
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SIM Re-Registration Plan Raises Privacy Concerns
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Editor
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February 13, 2026
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Business News
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The Government has approved amendments to SIM card registration regulations requiring re-registration of mobile numbers issued before 2 August 2019.
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Colombo Hosts IRONMAN 70.3 to Boost Tourism Drive
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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Sri Lankan Banks Fund $40million Maldives Airport Expansion
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February 12, 2026
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Business News, Investment
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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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SLCSMI Proposes Rs. 300bn ‘Bad Bank’ to Rescue SMEs
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Editor
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February 12, 2026
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Business News, Investment
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SME
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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 Courts Global Capital for Inclusive Growth
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February 12, 2026
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Business News, Investment
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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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