Business
Workers' Remittances Surpass $2.2 Billion in Q1 2026, Up 26.5%
Sri Lanka received $814.8 million in March remittances, pushing Q1 total to $2.29 billion despite the Middle East crisis.
Business
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Business
Sri Lanka Resumes South Korea E-8 Seasonal Jobs Programme, First Batch Departs April 14
First group of 16 workers to travel to Yeongwol for agricultural jobs after government revives programme halted by irregular arrangements.
Business
Sri Lanka Tourism Holds First-Ever Dhaka Roadshow to Tap Bangladesh Market
SLTPB hosts 147 Bangladeshi travel agents and 35 journalists at inaugural Dhaka B2B event to diversify source markets.
Business
ADB Projects Sri Lanka Growth to Moderate to 4% in 2026
ADB forecasts Sri Lanka's GDP growth slowing from 5% to 4% in 2026 as Middle East conflict and inflation weigh on recovery.
Business
ADB Warns Sri Lanka Could Lose Up to 0.8% GDP Growth if US-Iran Conflict Persists
ADB economist says prolonged US-Iran war could cut Sri Lanka's 2026 growth by 0.5-0.8% and add 3-5pp to inflation.
Business
AmCham Sri Lanka Calls for Policy Clarity to Attract Quality FDI
AmCham president says regulatory uncertainty is the biggest barrier to investment and announces a new coordination platform.
Business
CAA Seizes Rs. 10 Million Worth of Unlabelled Cosmetics in Pettah Raid
Consumer authority raids Pettah warehouse, confiscates imported skin-whitening products lacking mandatory labelling.
Business
Central Bank Assures NDB Depositors Their Accounts Remain Safe
CBSL says NDB operates above minimum capital requirements and customer deposits are unaffected by the internal fraud.
Business
CEB Orders 10-Day Shutdown of Large Rooftop Solar Systems
CEB orders rooftop solar systems above 300 kW to disconnect April 10–20 to prevent grid instability during the Avurudu holiday period.
Business
China Will Not Allow Fuel Crisis in Sri Lanka, Ambassador Pledges
Chinese Ambassador Qi Zhenhong assures Sri Lanka that China will not permit a fuel crisis under any circumstances.
Business
Colombo Stocks Close Up 1.30% on NCM Day as Dialog, JKH Lead Gains
ASPI closes at 22,129 (+1.30%) as markets shrug off NCM; NDB recovers 3.74% despite fraud probe; Rs. 5bn turnover.
Business
HNB Finance Plans Rs. 2.5 Billion Rights Issue to Boost Capital
HNB Finance to raise Rs. 2.5 billion via rights issue at 2-for-9 ratio to improve capital adequacy.
Business
IMF Flags Coal Quality Issues as Key Driver of Sri Lanka's Rising Power Costs
IMF Mission Chief Papageorgiou highlights coal procurement failures pushing up electricity costs after review.
Business
5,000 Metric Tons of Samba Rice Arrive From India Ahead of Avurudu
Two cargo vessels carrying samba and keeri samba rice from India dock in Sri Lanka, easing supply concerns before the New Year.
Business
Sri Lanka IRD Records Rs. 606 Billion Revenue in Q1 2026
Inland Revenue Department reports Rs. 606 billion in Q1 tax collections, a 17.7% increase over last year.
Business
2026 Mercantile Holidays Confirmed: Avurudu April 13-14, Vesak Day After Stays May 2
Labour Commissioner confirms eight mercantile holidays for 2026; Vesak following day unchanged at May 2 despite calendar queries.
Business
Bus Permit Transfer Rules Approved; Minister Warns Against Fare-Driven Strikes
NTC advisory committee approves bus permit transfers under gazette reforms; fare adjustment cabinet approval being sought.
Business
Planters' Association Warns of Second Fertiliser Crisis as Hormuz Chokes Supply
The Planters' Association warns Sri Lanka is sliding into a second fertiliser crisis five years after the 2021 ban as Hormuz disruption chokes supply.
Business
Port City Colombo Draws $900m in Five Months as FDI Momentum Builds
Port City Colombo secured about $900 million in investments between November 2025 and March 2026, its largest surge yet, with nearly 200 companies registered.
Business
Sri Lanka Awards Record Rs. 629.8 Million Lottery Jackpot
The largest lottery prize in Sri Lanka's history is paid out under the Jayamalle Kapruka Lottery at a ceremony today.
Business
Sri Lanka Seeks Green Industrial Partnership with UNIDO at Vienna Forum
Minister Handunneththi pitches sustainable manufacturing and youth entrepreneurship at Vienna Energy and Climate Forum.
Business
SSCL Amendment Widens Tax Net With Lower Rs. 36 Million Threshold
Social Security Contribution Levy threshold drops from Rs. 60M to Rs. 36M turnover, drawing more businesses into the tax base.
Business
Australia and CBSL launch trilingual financial literacy push for small businesses
Australia and CBSL are reworking MSME training into mobile-first, trilingual content under Australia's Skills for Inclusive Economy program.
Business
India's Mazagon Dock Chief Named Colombo Dockyard Chairman After MDL Takeover
Capt. (Retd.) Jagmohan, chairman of India's Mazagon Dock Shipbuilders, has been named non-executive chairman of Colombo Dockyard after MDL's 51% takeover.