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Sri Lanka’s economic growth could slowdown in second half of 2026 EconomyNext
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News
Sri Lanka???s Asia Asset Finance lists new shares after Rs1.5bn in rights issue
7+ hour, 48+ min ago (1637+ words) Monday September 14, 2026 10:39 am ECONOMYNEXT – Sri Lanka’s Asia Asset Finance has listed 45,162,012 ordinary voting shares after a rights issue that raised 1.5 billion rupees, the company said in a market filing. The issue offered 4 new ordinary voting shares for every 11 existing at…...
Sri Lanka cannot build reserves at any cost, must prepare for shocks: Central bank
4+ day, 5+ hour ago (1599+ words) Thursday September 10, 2026 12:52 pm ECONOMYNEXT — Sri Lanka cannot accumulate foreign exchange reserves through market distortions, money printing, or heavy foreign borrowing, but must build buffers before external shocks strike, Central Bank Governor Nandalal Weerasinghe said. “For central banks, foreign reserves are…...
Sri Lanka President urges Indian Defence Minister to back anti-drug trafficking campaign
5+ day, 2+ hour ago (1453+ words) Wednesday September 9, 2026 4:25 pm ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayake urged visiting Indian Defence Minister Shri Rajnath Singh to help the island nation’s efforts in combating drug trafficking while promising no harm to the Indian Ocean’s peace, his office said…...
Sri Lanka to roll out $100mn ADB-funded social protection program
6+ day, 24+ min ago (1634+ words) Tuesday September 8, 2026 6:00 pm ECONOMYNEXT — Sri Lanka will launch a 100-million-dollar Asian Development Bank (ADB) funded development program aimed at strengthening social safety nets, livelihoods, and care services for vulnerable groups. The Macro-Recovery Sector Development Program for Promoting Resilience and Inclusive…...
Sri Lanka to call fresh bids for sports track after offer exceeds budget
6+ day, 2+ hour ago (1566+ words) Tuesday September 8, 2026 3:42 pm ECONOMYNEXT — Sri Lanka will invite fresh tenders for the returfing of synthetic running tracks at the Sugathadasa National Sports Complex after the only qualified bidder submitted a price significantly above initial estimates, the government said. The project…...
Sri Lanka, Thailand to sign bilateral labour, employment agreements
6+ day, 3+ hour ago (1328+ words) Tuesday September 8, 2026 2:36 pm ECONOMYNEXT – Sri Lanka’s cabinet has approved a proposal to sign a 5-year agreement on labor cooperation between Sri Lanka and Thailand, and an agreement on the employment of Sri Lankan Workers in Thailand, minister Vijitha Herath said....
India defense minister heads to Sri Lanka to boost ties
1+ week, 3+ hour ago (1515+ words) Monday September 7, 2026 2:25 pm ECONOMYNEXT – India’s Minister of Defence Rajnath Singh ‘will hold consultations with the leadership of Sri Lanka’ on his three-day visit to the island nation, the ministry said. “During the visit, Raksha Mantri will hold consultations with the…...
Sri Lanka???s DFCC Bank to list 13-pct debentures
1+ week, 4+ day ago (1641+ words) Thursday September 3, 2026 3:41 pm ECONOMYNEXT – Sri Lanka’s DFCC Bank is listing 12.5 billion rupees of 13.00 percent debentures, it said in a stock exchange filing. The bank plans to issue 125 million Basel III compliant, listed, rated, subordinated, unsecured, redeemable, 5-year (2026/2031) debentures with non-viability…...
Sampath Bank drives regional vehicle leasing at Sri Lanka motor show
1+ week, 5+ day ago (1632+ words) Wednesday September 2, 2026 9:49 am ECONOMYNEXT – The Wayamba Motor Show & Kedalla Trade Fair Kurunegala 2026, held recently at Udawalpola Ground, Kurunegala, attracted over 100,000 visitors, including automobile enthusiasts, prospective buyers, corporates and industry stakeholders from across Sri Lanka’s Northwestern Province. Sampath Bank PLC participated…...
Sri Lanka to submit regulations on 68 Port City strategic businesses to parliament
1+ week, 5+ day ago (1639+ words) Tuesday September 1, 2026 3:14 pm ECONOMYNEXT — Sri Lanka’s Cabinet of Ministers has approved submitting gazetted regulations to Parliament designating 68 entities in the Colombo Port City as Secondary Businesses of Strategic Importance. The proposal was presented under the provisions of the Colombo Port…...