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Sri Lanka will procees with a Rs. 500 billion supplementary estimate

  • CNL Reporter
  • December 21, 2025
  • News, Political
  • Anura Kumara Dissanayake, Sri Lanka
  • 0 Comments

Sri Lanka will proceed with a Rs. 500 billion supplementary estimate for post-Cyclone Ditwah recovery without increasing public debt or breaching borrowing limits,

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World Bank Approves $50m Boost for Sri Lanka Digitisation

  • CNL Reporter
  • December 21, 2025
  • Banking and Financial, News
  • Sri Lanka, World Bank
  • 0 Comments

The World Bank has approved a US$50 million project to support Sri Lanka’s digital transformation, aiming to modernise public services, strengthen governance, and boost the technology sector.

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Imports Versus Assembly: A Test for Sri Lanka’s Industrial Policy

  • CNL Reporter
  • December 20, 2025
  • Business News, News
  • Sri Lanka, Sri Lanka’s automobile
  • 0 Comments

Sri Lanka’s automobile market is entering a decisive phase as the post-ban import boom gives way to a likely slowdown,

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Bonds Planned to Fund Cyclone Reconstruction

  • CNL Reporter
  • December 20, 2025
  • Banking and Financial, News, Political
  • Cyclone, Sri Lanka
  • 0 Comments

Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah,

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GovPay Crosses Rs. 2 Billion as Disaster Costs Rise

  • CNL Reporter
  • December 20, 2025
  • News, Political
  • GovPay, Sri Lanka
  • 0 Comments

Sri Lanka’s Government Digital Payment Platform, GovPay, has surpassed Rs. 2 billion in total transaction value in 2025, marking rapid adoption amid rising fiscal pressures from recent cyclone-related disasters, the Ministry of Digital Economy said.

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Imports Boom, Local Plants at Risk

  • CNL Reporter
  • December 19, 2025
  • Business News, News
  • Imports Boom, Sri Lanka
  • 0 Comments

Sri Lanka’s vehicle import surge that powered record tax revenues in 2025 is losing steam, and industry leaders warn the fallout could hit domestic manufacturers hard.

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Bonds Planned to Fund Cyclone Reconstruction

  • CNL Reporter
  • December 19, 2025
  • News, Political
  • Cyclone, Cyclone Ditwah, Sri Lanka
  • 0 Comments

Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah, as fiscal constraints limit the Government’s ability to fund rebuilding directly.

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Govt Raises Rs.10bn from First 5G Auction

  • CNL Reporter
  • December 19, 2025
  • Business News, News, Political
  • 5G, Sri Lanka
  • 0 Comments

The Government has raised about Rs. 10 billion through Sri Lanka’s first commercial 5G spectrum auction,

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EU provides over €2.35 mln humanitarian assistance to Sri Lanka

  • CNL Reporter
  • December 19, 2025
  • News, Political
  • EU, Sri Lanka
  • 0 Comments

The European Union (EU) has allocated a total of Euro 2.35 million of financial assistance to Sri Lanka.

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ADB mobilizes $40M emergency trade finance support for Sri Lanka following Cyclone Ditwah

  • CNL Reporter
  • December 19, 2025
  • News, Political
  • ADB, Sri Lanka, The Asian Development Bank
  • 0 Comments

The Asian Development Bank (ADB) has launched a $40 million emergency assistance facility under its Trade and Supply Chain Finance Program (TSCFP) to support Sri Lanka’s recovery from the devastation of Cyclone Ditwah.

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