The Central Bank of Sri Lanka (CBSL) has initiated resolution action against Nation Lanka Finance PLC (NLFP), effective July 4, 2025, due to continuous violations of the …
Sri Lanka urges Japan to back existing Yen-loan projects to secure investment, gap funding
ECONOMYNEXT – Sri Lanka has urged Japan back its existing yen-loan projects in order to attract further investment and secure gap financing, the island nation’s Finance Ministry said in a statement.
IMF tells Sri Lanka to keep reform engine running as global turbulence looms
Mission Chief for Sri Lanka Evan Papageorgiou yesterday insisted Sri Lanka sustain the remarkable momentum of reform progress amidst looming external shocks, particularly global trade policy …
Sri Lanka still in negotiations with Sinopec over tax holiday, local sales
ECONOMYNEXT – Sri Lanka is still under negotiations with China’s Sinopec over tax holiday and local sales in an already inked $3.7 billion refinery deal in Hambantota, Deputy Industries Minister …
IMF Executive Board Completes the Fourth Review Under the Extended Fund Facility with Sri Lanka
The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to …
IMF Executive Board Completes the Fourth Review Under the Extended Fund Facility with Sri Lanka
The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to …
Sri Lanka awaits favourable US response on reciprocal tariffs by 8 July
Cabinet Spokesman and Minister Dr. Nalinda Jayatissa yesterday expressed confidence that Sri Lanka could expect a favourable response from the US on the looming reciprocal tariffs by 8 July, easing …
Khettarama bites back as Bangladesh unravel in magnificent fashion
At least two captains of Sri Lanka’s men’s white-ball team have said in recent years, that they would really prefer it if this piece-of-work Khettarama pitch learned how to behave. The theory goes …
Starlink Launch in Sri Lanka: What It Costs and How to Order
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, is now officially launched in Sri Lanka, offering high-speed internet access for both residential and business users.
Elon Musk Launches Starlink in Sri Lanka, Bringing Satellite Internet Nationwide
Billionaire entrepreneur Elon Musk has officially announced the launch of Starlink satellite internet services in Sri Lanka.Sri Lankan fashion In a post on X (formerly Twitter), Musk stated, “Starlink …