Sri Lanka has raised US$50 million from its first domestic Dollar Bond auction since the 2022 debt crisis, signalling renewed confidence in the country’s financial recovery.
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India has expanded its emergency relief operation to Sri Lanka as the island struggles to recover from Cyclone Ditwah’s catastrophic floods and landslides.
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Sri Lanka’s capital market is poised for a strong multi-year upswing as political stability, economic recovery, and undervalued equities attract renewed investor interest,
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Sri Lanka will introduce a new national tariff policy by mid-2026, replacing what officials describe as a decades-old patchwork of protectionist and unpredictable import taxes. Trade Ministry Secretary K.A. Vimalenthirarajah,
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Sri Lanka has received firm assurances of support from international development partners following the devastation caused by Cyclone Ditwah, the Finance Ministry announced yesterday.
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Sri Lanka has secured a €8 million grant from the European Union (EU) to advance sustainable rubber cultivation under the new ‘Agri-Green Initiatives for Green Economic Growth’ project.
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The United Nations has begun a Joint Rapid Needs Assessment in partnership with Sri Lanka’s Disaster Management Centre (DMC) to gauge the full impact of Cyclone Ditwah and guide targeted relief efforts.
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Transparency International Sri Lanka (TISL) yesterday urged the Government to ensure strict transparency and accountability in the handling of public funds allocated for Cyclone Ditwah relief,
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The Government is working with banks and insurance companies to support households, SMEs, and businesses affected by Cyclone Ditwah and the recent flooding,
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Sri Lanka has received fresh support from the World Bank and the United Nations Office on Drugs and Crime to recover assets believed to have been illegally transferred to foreign jurisdictions.
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