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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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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Traders operating five major economic centres have strongly opposed a Government proposal to transfer their administration to a newly established company, warning of resistance if the move proceeds without consultation.
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Sri Lanka is grappling with a severe shortage of raw cashew nuts as prolonged bureaucratic delays disrupt imports and strain local supply chains. Industry stakeholders warn that restrictive import licensing often valid for only three months—has rendered timely procurement nearly impossible. Repeated postponements in issuing licenses during the 2025 off-season have left factories without raw materials, despite rising consumer and …
Continue ReadingThe Sri Lanka–United Kingdom Chamber of Commerce in London, together with the Sri Lanka High Commission in the UK, hosted a panel discussion on strengthening bilateral trade relations at the High Commission in London on 27 January 2026.
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Board of Investment Chairman Arjuna Herath said Sri Lanka must push ahead with structural reforms to attract between $2 billion and $2.3 billion in foreign direct investment, stressing that the country cannot compete with larger economies on fiscal concessions.
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Sri Lanka’s export earnings rose by 5.6% year-on-year to $17.25 billion in 2025, according to data from Sri Lanka Customs and the Export Development Board (EDB).
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