News

Analyses Sri Lanka’s foreign policymaking towards China Dr Bhagya Senaratne launched her book From Friendship to Dependency: Analysing Sri Lanka’s Foreign Policymaking Towards China at a recent event held at the Bandaranaike Centre for International Studies, Colombo. Speaking at the...

The National Chamber of Commerce of Sri Lanka (NCCSL) and the National Enterprise Development Authority (NEDA) jointly organized a session on Access to Finance: Concessionary loan schemes for MSMEs on 20th May 2026 at the National Chamber of Commerce Auditorium.The...

Cyclone Ditwah, which struck Sri Lanka from 28 to 30 November 2025, was amongst the worst natural disasters to strike Sri Lanka in recent history. In the wake of the natural disaster, the Government of India launched immediate relief efforts...

Former Minister Anura Priyadarshana stated that when Sri Lanka declared bankruptcy in 2022, former Finance Minister Basil Rajapaksa — who held the portfolio before Ranil Wickremesinghe — had negotiated with India and secured billions of dollars in assistance for the...

International Monetary Fund Asia and Pacific Department Director Krishna Srinivasan has stated that the fifth and sixth reviews under the Extended Fund Facility (EFF) are scheduled to be considered next week. He said that Sri Lankan authorities have made significant...

The Sri Lanka Mobile Phone Importers and Dealers Association states that the prices of mobile phones and related accessories in the local market are expected to increase sharply due to the depreciation of the Sri Lankan rupee. According to the...

A special discussion on the impact on the economy due to the continuous rise of the US dollar and the depreciation of the Sri Lankan rupee against it was held today between opposition parties and other stakeholders, under the chairmanship...

Opposition Leader Sajith Premadasa announced in Parliament a short while ago that an emergency discussion will be held this afternoon (21) between opposition parties and other stakeholders regarding the economic impact caused by the continued rise of the US dollar...

The Sri Lankan Rupee has further depreciated against the US Dollar today (21), with the selling rate of the US Dollar surpassing the Rs. 354 mark. Accordingly, the selling price of the US Dollar has been recorded at Rs. 354.03,...

S.M. Marikkar revealed in Parliament today that the Lakvijaya Power Plant has confirmed all 17 coal shipments imported to Sri Lanka were of substandard quality. The MP also tabled the relevant reports in Parliament.