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News

EconomyNext
economynext.com > sri-lankas-asia-asset-finance-lists-new-shares-after-rs1-5bn-in-rights-issue-283453

Sri Lanka???s Asia Asset Finance lists new shares after Rs1.5bn in rights issue

8+ hour, 44+ 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…...

EconomyNext
economynext.com > sri-lanka-cannot-build-reserves-at-any-cost-must-prepare-for-shocks-central-bank-283217

Sri Lanka cannot build reserves at any cost, must prepare for shocks: Central bank

4+ day, 6+ 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…...

EconomyNext
economynext.com > sri-lanka-to-roll-out-100mn-adb-funded-social-protection-program-283016

Sri Lanka to roll out $100mn ADB-funded social protection program

6+ day, 1+ hour 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…...

EconomyNext
economynext.com > sri-lanka-to-call-fresh-bids-for-sports-track-after-offer-exceeds-budget-283019

Sri Lanka to call fresh bids for sports track after offer exceeds budget

6+ day, 3+ 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…...

EconomyNext
economynext.com > sri-lankas-dfcc-bank-to-list-13-pct-debentures-282712

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…...

EconomyNext
economynext.com > sri-lankas-hunas-holdings-partners-with-japans-cch-inc-282578

Sri Lanka???s Hunas Holdings partners with Japan???s CCH Inc

1+ week, 4+ day ago   (1346+ words) Wednesday September 2, 2026 5:20 pm ECONOMYNEXT – Sri Lanka’s Hunas Holdings, a diversified conglomerate, said it was partnering with CCH Inc to develop its real estate and hospitality sectors. CCH Inc is a Tokyo-based diversified business group founded in 2008 that specializes in business…...

EconomyNext
economynext.com > sampath-bank-drives-regional-vehicle-leasing-at-sri-lanka-motor-show-282510

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…...

EconomyNext
economynext.com > sri-lanka-to-submit-regulations-on-68-port-city-strategic-businesses-to-parliament-282467

Sri Lanka to submit regulations on 68 Port City strategic businesses to parliament

1+ week, 6+ 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…...

EconomyNext
economynext.com > sri-lankas-anti-graft-body-challenges-amendments-to-anti-corruption-act-282491

Sri Lanka???s anti-graft body challenges amendments to Anti-Corruption Act

1+ week, 6+ day ago   (22+ words) Sri Lanka’s anti-graft body challenges amendments to Anti-Corruption Act EconomyNext 500 - Internal Server Error Please refresh this page or try again later....

Google News
economynext.com > sri-lanka-current-account-in-deficit-for-fourth-month-282417

Sri Lanka current account in deficit for fourth month

1+ week, 6+ day ago   (1490+ words) Tuesday September 1, 2026 12:15 pm ECONOMYNEXT – Sri Lanka’s current account recorded a deficit of 142 million dollars in July, remaining in the deficit for the fourth consecutive month, the central bank said. “The cumulative current account recorded a deficit of US$ 387 million during…...