4+ day, 2+ 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…...

1+ week, 3+ 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…...

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…...

1+ week, 6+ day ago   (1554+ words) Tuesday September 1, 2026 10:44 am ECONOMYNEXT – Sri Lanka will obtain a 200 million US dollar concessional loan from the World Bank to develop its tourism sector, starting with 77 million dollars to turn Colombo into a high-value travel destination, an official said. Natasha Kapil,…...

2+ week, 6+ day ago   (1711+ words) Monday August 24, 2026 5:52 pm ECONOMYNEXT – Sri Lanka’s foreign exchange revenue from tourism fell 10.4 percent in July this year from a year ago to US$285,5 million, the central bank said, quoting tourism promotion authority data. The fall comes two months after the…...

3+ week, 2+ hour ago   (1461+ words) Monday August 24, 2026 12:06 pm ECONOMYNEXT – Sri Lanka’s central bank has called for expressions of interest (EOI) to establish a pre-qualified “Pool of Liquidators” tasked with winding up and dissolution of stressed financial institutions. “Invitation for Expression of Interest (EOI) for the appointment…...

3+ week, 3+ day ago   (1730+ words) Thursday August 20, 2026 4:49 pm ECONOMYNEXT – Sri Lanka has revised down its tourist arrival target and revenue goal, the country’s Tourism Promotion Bureau chief said. The island nation cut down its 3.0 million visitor goal in 2026 to 2.7 million and while lowered its revenue…...

3+ week, 4+ day ago   (1610+ words) Wednesday August 19, 2026 7:00 pm ECONOMYNEXT — Sri Lanka has rolled out an interim digital and public relations tourism campaign worth 1.5 billion rupees ($ 4.52 million) across six major source markets, laying the financial and promotional groundwork for an upcoming 5-billion-rupee (about $ 15 million) global promotional…...

3+ week, 4+ day ago   (1496+ words) Wednesday August 19, 2026 9:56 am ECONOMYNEXT – Sri Lanka’s manufacturing sector expanded in July, registering a value of 55.0 on a Purchasing Managers Index compiled by the central bank, compared to 53.0 the previous month. The New Orders sub-index expansion, registering 55.9 from the previous month’s…...

3+ week, 5+ day ago   (1166+ words) Wednesday August 19, 2026 10:20 am ECONOMYNEXT – Sri Lanka’s services sector expanded in July 2026, according to a Purchasing Managers Index compiled by the central bank which registered an index value of 61.4, compared to 58.5 the previous month. Business activity expanded in July 2026, CBSL said,…...