Sri Lanka, Japan and IOM unveil roadmap to strengthen traveller clearance, health security at seaports

$ 8.4 m Japan-funded project covers Sri Lanka and Maldives to make ports “future ready” Baseline assessment conducted at Colombo, Galle, Trincomalee and Kankesanthurai Ports Automated Border Control systems at BIA to be launched in December...

Sri Lanka’s first plastic testing lab debuts

To support quality and sustainability in recycling GP Certified has announced the launch of GP Labs, Sri Lanka’s first and only dedicated plastic testing facility, designed to bring scientific precision and international quality standards to the...

India, Sri Lanka move forward on power grid connectivity plan

Colombo: India and Sri Lanka held talks to push forward the modalities related to the implementation of the proposed bilateral power grid connectivity, the Indian High Commission said here Friday. A virtual meeting was held between the senior...

Exclusive: Sri Lanka and Maldives to Launch Commercial Ferry Service

by Our Correspondent in Colombo Sri Lanka and the Maldives are moving forward with plans to establish a dedicated commercial ferry service, aimed at reducing transport costs and facilitating the export of Sri Lankan goods to the Maldives, sources...

Sri Lanka stocks climb 0.27-pct, S&P SL20 dips

ECONOMYNEXT – Sri Lanka stocks closed up 0.27 percent on Thursday ending a volatile session, after a volatile session, Colombo Stock Exchange data showed. The broader ASPI rose 62.41 points to end at 22,839.53; while the more liquid S&P SL20 moved...

Sri Lanka new Port Minister discusses advanced maritime technology in India

ECONOMYNEXT – Sri Lanka stocks closed up 0.27 percent on Thursday ending a volatile session, after a volatile session, Colombo Stock Exchange data showed. The broader ASPI rose 62.41 points to end at 22,839.53; while the more liquid S&P SL20 moved...

Chinese Envoy: Expanding RMB Cooperation Will Boost Sri Lanka’s Economic Recovery

At a crucial stage in Sri Lanka’s economic recovery and structural reforms, expanding cooperation with China’s renminbi (RMB) will inject fresh momentum into trade, investment, and financial modernization, Chinese Ambassador Qi Zhenhong said. He...

Foreign Investors Eye Sri Lanka’s Mineral Wealth

COLOMBO (News 1st); The Board of Investment (BOI) has announced that 14 foreign investors have expressed interest in Sri Lanka’s mineral exploration and related industries. BOI Chairman Arjuna Herath revealed that the proposed investments are...

Sri Lanka postpones elections, adopts ‘work-from-home’ policy

Dawn/ANN—Sri Lanka’s Election Commission (EC) Chairman Mahinda Deshapriya announced on Thursday that the general election will not be held on April 25 as scheduled on account of the coronavirus pandemic. Sri Lanka has up till Thursday recorded 59...

RMB Can Boost Sri Lanka’s Economic Resilience

COLOMBO (News 1st); Qi Zhenhong, the Ambassador of the People’s Republic of China to Sri Lanka, emphasized the growing global role of the Renminbi (RMB) and its strategic importance for developing nations like Sri Lanka, during a recent address on...

Monash–UCL partnership strengthens Australia–Sri Lanka education investment ties

Hayleys Fentons Limited announced the launch of Hayleys Mobility, a new venture delivering cutting-edge new-energy vehicle solutions and infrastructure, supporting the country’s transition towards sustainable mobility. This initiative comes in...

Sri Lanka Expands Winter Air Links as Tourism Targets $3 Billion

By: Staff WriterOctober 30, Colombo (LNW): Sri Lanka’s tourism industry received a major winter season boost with the launch of new direct flights by Edelweiss Air, Red Wings Airlines, and Belavia, marking a renewed surge of interest from European...

India And Sri Lanka Hold 1st Joint Working Group Meeting On Agriculture

New Delhi: India and Sri Lanka discussed collaboration in key areas, including farm mechanisation, organic and natural farming, seed sector development, agri-entrepreneurship, agricultural education, soil health management, market access, and...

Sri Lanka rupee weakens to 304.40/55 to US dollar, bond yields down

ECONOMYNEXT – Sri Lanka’s rupee opened around 304.45/55 to the US dollars in the spot market Thursday around the same levels as the closing a day earlier while bond yields were flat after a fall. The rupee has fallen from 302.55/60 to the US...

Sri Lanka rupee at 304.45/55 to US dollar, bond yields flat

ECONOMYNEXT – Sri Lanka’s rupee opened around 304.45/55 to the US dollars in the spot market Thursday around the same levels as the closing a day earlier while bond yields were flat after a fall. The rupee has fallen from 302.55/60 to the US...

Sri Lanka and Pakistan to Deepen Cooperation in Marine Tourism and Blue Economy Growth

October 30, Colombo (LNW): Sri Lanka and Pakistan have agreed to work together on new ventures in coastal and marine tourism aimed at strengthening the blue economy, generating employment, and enhancing regional links through sustainable...

Sri Lanka Retail Forum 2025 concludes with resounding success

Key speakers put spotlight on AI’s transformative power in retail The Sri Lanka Retail Forum 2025, hosted by the Sri Lanka Retailers’ Association (SLRA), concluded successfully at the Shangri-La Colombo, bringing together over 500 retail leaders,...

Sri Lankan flag flies high at Asia eCommerce Awards 2025

Xiteb Ltd., CEO and xCommerz Founder Dr. Dhanesh R. Jayathilaka Bringing pride to Sri Lanka, xCommerz, the next-generation online commerce platform by Xiteb Ltd., has won the Silver Award for “Best eCommerce Innovation” at the prestigious Asia...

Sri Lanka: Regulator expands insurance awareness campaign to Northern Province

The Insurance Regulatory Commission of Sri Lanka (IRCSL), the Sri Lankan insurance regulator, continued its island-wide insurance awareness campaign with a series of programmes in the Northern Province. The move followed the successful launch of...

President Dissanayake vows to end Sri Lanka’s drug menace

Sri Lankan President Anura Kumara Dissanayake attends the inauguration of 'Nation United-National Drive' anti-narcotics operation, in Colombo on October 30, 2025. | Photo Credit: AFP Sri Lankan President Anura Kumara Dissanayake on Thursday...