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President Stresses Strategic Approach for 2026 Tourism Pre-Budget

President Stresses Strategic Approach for 2026 Tourism Pre-Budget

A discussion on the 2026 Pre-Budget for the tourism sector with private sector stakeholders was held yesterday (29) at the Presidential Secretariat, under the patronage of President Anura Kumara Dissanayake. The President noted that promotional...

Sri Lanka’s crisis shows how debt is devouring the Global South

Sri Lanka’s crisis shows how debt is devouring the Global South

Sri Lanka is undergoing one of the most complex economic recoveries in its history. The country’s financial collapse in 2022 was precipitated by a toxic mix of unsustainable borrowing, poor fiscal management, and external shocks. Mass protests...

Sri Lankan ex-minister surrenders in anti-corruption crackdown

Sri Lankan ex-minister surrenders in anti-corruption crackdown

COLOMBO: A former Sri Lankan government minister surrendered to court on Friday after evading authorities for two months. This detention represents the latest high-profile arrest in the country’s sweeping anti-corruption campaign. Anti-graft units...

Sri Lanka Overhauls Companies Act 2025

Sri Lanka Overhauls Companies Act 2025

COLOMBO (News 1st): The amended Companies Act No. 12 of 2025 has been enacted into law with the objective of strengthening the governance framework of corporate entities in Sri Lanka. Primarily, these amendments aim to enhance corporate...

Inflation returns to Sri Lanka

Inflation returns to Sri Lanka

Agence France-Presse . Colombo 29 August, 2025, 23:52 Sri Lanka’s deflationary streak ended in August, with prices climbing 1.2 per cent, official data showed Friday, as the cash-strapped economy emerges from a meltdown three years ago. Prices...

Raza heroics in vain as Madushanka's hat-trick helps Sri Lanka clinch thriller

Raza heroics in vain as Madushanka's hat-trick helps Sri Lanka clinch thriller

SRI LANKA TOUR OF ZIMBABWE, 2025 Dilshan Madushanka bowled a terrific final over, which included a hat-trick © AFP Sikandar Raza's 87-ball 92 went in vain as Dilshan Madushanka bowled a terrific final over, which included a hat-trick, as Sri Lanka...

Sri Lanka sees stable July apparel export growth despite US drop

Sri Lanka sees stable July apparel export growth despite US drop

Sri Lanka’s apparel exports recorded steady growth in July 2025, rising by 9.84% to $455.16m compared with $414.38m in July 2024. Exports to the EU (excluding the UK) posted the strongest gain of 26.69%, while shipments to “other” markets grew by...

Business owner hit with steep penalties after flouting dumping laws: 'We won't tolerate this'

Business owner hit with steep penalties after flouting dumping laws: 'We won't tolerate this'

A business owner in Thornton Heath, England, was fined £8,000 (over $10,700) for fly-tipping, or illegal waste dumping, of building materials, as Your Local Guardian reported. Fly-tipping is the British term for the act of illegally dumping waste...

Sports News | Madushanka's Hat-trick Helps Sri Lanka to Narrow 7 Run Win over Zimbabwe in 1st ODI

Sports News | Madushanka's Hat-trick Helps Sri Lanka to Narrow 7 Run Win over Zimbabwe in 1st ODI

Harare [Zimbabwe], August 29 (ANI): A hat-trick by pacer Dilshan Madushanka came in clutch as Sri Lanka secured a narrow seven-run win over Zimbabwe in the first ODI at Harare on Friday, with Ben Curran, skipper Sean Williams and Sikandar Raza's...

Sri Lanka sees growing acceptance of GovPay digital payment system

Sri Lanka sees growing acceptance of GovPay digital payment system

The GovPay platform has notably increased traffic fine payments in the Western Province in Sri Lanka, with over 300 fines being paid daily, and the Digital Ministry and related agencies has plans to launch the digital payments system in the...

Sri Lanka launches survey to identify state lands for investment

COLOMBO, Aug. 29 (Xinhua) -- The Sri Lankan government has launched a survey to identify state-owned lands that can be allocated for investment, a senior official said Friday. Commissioner General of Lands Chandana Ranaweera Arachchi said the...

Madushanka’s hat-trick heroics see Sri Lanka hold off hosts Zimbabwe

Madushanka’s hat-trick heroics see Sri Lanka hold off hosts Zimbabwe

HARARE :Sri Lanka fast bowler Dilshan Madushanka took a last-over hat-trick to steer the tourists to a dramatic seven-run victory over Zimbabwe in their first One-Day International at the Harare Sports Club on Friday. Zimbabwe needed 10 runs off...

Last-over hat-trick: Madushanka heroics boost Sri Lanka

Last-over hat-trick: Madushanka heroics boost Sri Lanka

Fast bowler Dilshan Madushanka has taken a last-over hat-trick to steer Sri Lanka to a dramatic seven-run victory over Zimbabwe in their first one-day international at the Harare Sports Club. Zimbabwe needed 10 runs off the last over to win as...

Sri Lanka-India Parliamentary Friendship Delegation Meets LS Speaker, Discusses Enhancing Parliamentary Ties

Sri Lanka-India Parliamentary Friendship Delegation Meets LS Speaker, Discusses Enhancing Parliamentary Ties

(MENAFN- IANS) Colombo, Aug 29 (IANS) In a significant step towards deepening democratic ties, the 24-member high-level delegation of Sri Lanka-India Parliamentary Friendship Association met Lok Sabha Speaker Om Birla during their visit to the...

Sri Lanka shipwreck artifacts to be displayed at US-funded exhibit

Sri Lanka shipwreck artifacts to be displayed at US-funded exhibit

ECONOMYNEXT – Artifacts from Sri Lanka’s Godawaya Shipwreck will be featured at an exhibition and symposium organised by the US Embassy and the Central Cultural Fund’s Maritime Archaeology Unit. Discovered off the coast of the fishing village of...

Sri Lanka working with India, Abu Dhabi and Indonesia to apprehend criminals: Official

Sri Lanka working with India, Abu Dhabi and Indonesia to apprehend criminals: Official

ECONOMYNEXT – Sri Lanka’s police was working with India, Malaysia, Thailand, Abu Dhabi and Indonesia officials to apprehend criminals, Ministry of Public Security secretary Ravi Seneviratne said. “Organized criminal gangs operating from foreign...

Sri Lanka’s Commercial Bank market cap tops one billion US dollars

Sri Lanka’s Commercial Bank market cap tops one billion US dollars

ECONOMYNEXT – Sri Lanka’s Commercial Bank has become the first listed lender to have a market capitalization in excess of a billion US dollars, with rising stock prices in the Colombo Stock Exchange. Commercial Bank exceeded the billion dollar...

Craig Ervine Ruled Out of Sri Lanka ODIs, Sean Williams To Lead Zimbabwe

Craig Ervine Ruled Out of Sri Lanka ODIs, Sean Williams To Lead Zimbabwe

Zimbabwe suffered a major setback ahead of their ODI series against Sri Lanka, as skipper Craig Ervine has been ruled out due to a calf injury, the ICC confirmed. An MRI scan on Thursday revealed that the 40-year-old had sustained a Grade II...

Sri Lanka to deploy solar-powered boats to clean Colombo's Beira Lake

COLOMBO, Aug. 29 (Xinhua) -- Sri Lanka will deploy solar-powered electric boats to collect waste from Beira Lake, a man-made lake in the heart of downtown Colombo, said Western Province Governor Hanif Yusoof on Friday. Yusoof said in a post on X...

Sports News | Zimbabwe Skipper Craig Ervine Ruled out of Sri Lanka Series

Sports News | Zimbabwe Skipper Craig Ervine Ruled out of Sri Lanka Series

Harare [Zimbabwe], August 29 (ANI): Zimbabwe skipper Craig Ervine has been ruled out of the ODI series against Sri Lanka due to a calf injury, as per ICC. An MRI scan on Thursday confirmed that the 40-year-old sustained a Grade II strain in his...

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