Business
Sri Lanka rupee steady at 335.70/336.00, bond yields flat
The Sri Lanka rupee was quoted at 335.70/336.00 to the US dollar on July 13, with government bond yields broadly unchanged and the Colombo bourse little moved.
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Business
2027 Budget Speech scheduled for November 12
Sri Lanka's 2027 Budget Speech will be presented to Parliament on November 12, 2026, the Finance Ministry has announced.
Business
CAA raids four train canteens over overpriced goods
The Consumer Affairs Authority has raided four train canteens for selling goods above the maximum retail price, and says legal action will follow.
Business
All farmers hit by Cyclone Ditwah compensated, department says
The Department of Agrarian Development says all 112,442 farmers affected by Cyclone Ditwah have now been compensated at a total cost of Rs. 8.89 billion.
Business
Farmers urged to conserve water as El Niño risk looms
The Irrigation Department has urged farmers to save water with reservoirs at 48% capacity as El Niño nears, while a heat advisory covers six districts.
Business
Sri Lanka bans imports of goods made with forced labour
President Dissanayake, as Finance Minister, has banned imports of goods made wholly or partly with forced labour, amid a threatened 12.5% US tariff.
Business
Foreign holdings in Sri Lanka rupee bonds hit near 3-year high
Foreign investors bought a net US$97 million of Sri Lanka rupee bonds in a week, lifting holdings to their highest since August 2023 as the rupee steadied.
Business
Government raises company and society registration fees
Sri Lanka has increased registration fees for companies and societies under a new gazette, lifting the private-company fee from Rs. 4,600 to Rs. 5,200.
Business
Tourism earnings and reserves slip in Sri Lanka's first-half 2026
Tourism earnings and foreign reserves fell in the first half of 2026, CBSL data shows, even as worker remittances ran well ahead of last year.
Business
CBSL Cancels Nation Lanka Finance Licence, Orders Wind-Up
The Central Bank has revoked Nation Lanka Finance's licence and will liquidate the company after a year in administration failed to yield a viable rescue.
Business
World Bank Reclassifies Sri Lanka as Upper-Middle Income Nation
The World Bank has moved Sri Lanka from lower-middle to upper-middle income status, recognising the country's recovery after 5% GDP growth in 2025.
Business
Bus fares will not be cut for six months even if diesel drops, LPBOA chair says
Lanka Private Bus Owners' Association chair Gemunu Wijeratne says fares will not fall for six months even if diesel drops, citing Rs. 600M in June losses.
Business
CPC keeps QR-code fuel quota system after review, chairman confirms
CPC Chairman D.A. Rajakaruna said the QR-code fuel rationing system will not be removed, citing continued global price volatility and consumption controls.
Business
Sri Lanka exports up 6% in first four months despite Middle East war headwinds — EDB
Sri Lanka exports grew 6% in Jan–April 2026 versus 2025 despite Middle East war drag, EDB Chairman Mangala Wijesinghe said, putting a new record within reach.
Business
IMF mission to visit Sri Lanka June 24–30 for reform programme review
An IMF delegation led by Mission Chief Evan Papageorgiou will visit Sri Lanka June 24–30 to review progress on the country's economic reform programme.
Business
Court of Appeal clears People's Bank to auction Daya Apparel assets over USD 1.42m debt
Court of Appeal dismisses Daya Group writ against People's Bank parate execution, citing Section 29D of the PB Act and an 1-year-8-month filing delay.
Business
CPC studying possibility of ending QR code fuel quota system
CPC Chairman D.J. Rajakaruna says the corporation is studying whether to end the QR fuel quota, but warns global prices have not eased as fast as they rose.
Business
CSE, SEC launch island-wide investor forum series from June 25
Colombo Stock Exchange and Securities and Exchange Commission to hold their first free island-wide investor forum at the WTC trading floor on June 25.
Business
Employers' Federation hands Labour Minister a governance reform plan for EPF and ETF
The Employers' Federation of Ceylon submitted an ILO-supported governance reform paper for the EPF and ETF to Labour Minister Anil Jayantha Fernando.
Business
Govt subsidising Rs. 100 a litre on diesel and Rs. 20 on petrol, says Rathnayake
Transport Minister Bimal Rathnayake and Energy Minister Anura Karunatillake say fuel relief could reach consumers by August or September.
Business
Harsha warns coconut oil import duty could collapse Sri Lanka's coconut export industry
COPF Chairman Harsha de Silva says the proposed coconut oil import duty would push costs to Rs. 1,250–1,400/kg and devastate value-added exports.
Business
Indian envoy Jha meets Sri Lankan business leaders, talks up rupee-rupee corridor
Indian High Commissioner Santosh Jha hosted CEOs of Standard Chartered, John Keells and Hayleys for talks on trade, investment and the rupee-rupee corridor.
Business
IRD orders VAT and SSCL registration from July 1 for Rs. 100,000-a-day businesses
The Inland Revenue Department says all businesses with daily turnover above Rs. 100,000 must register for VAT and the SSCL starting July 1, 2026.
Business
Karunanayake urges 2% inflation target as October policy review nears
Former Finance Minister Ravi Karunanayake has written to President Dissanayake calling for the inflation anchor to be cut from 5% to 2% at the October review.