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Preparation for Northern Investment Summit 2026 Gathers Momentum
The first ever Northern Investment Summit (NIS), a national milestone, is scheduled to take place in Jaffna on January 21 and 22, 2026 at the Thiruvalluvar Cultural Centre. Organised by the Management Club (TMC), the two-day event themed ‘Empowering Growth, Driving Innovations’ will be a platform for promoting the northern province as an attractive destination […]
Trincomalee Power Company Invites Tenders for 50 MW Solar Project with Battery Storage in Sampur
Trincomalee Power Company Limited, which is 50% owned by the Ceylon Electricity Board and 50% owned by India’s NTPC, invites tenders for a 50 MW ground-mounted solar power plant to be constructed in the Sampur area of the Trincomalee District by the Sri Lanka Energy Company Limited (SLEC). The scope includes the entire process from […]
CoPF Chairman Harsha de Silva urges President to appoint an Auditor General
Dr. Harsha de Silva, Chair of the Committee on Public Finance (CoPF), has urged President Anura Kumara Dissanayake to immediately fill the Auditor General vacancy, which has been open since December 7. In a letter dated December 22, Dr. de Silva emphasized that the absence of an Auditor General disrupts constitutional mandates under Articles 148 […]
FIU Collects Rs. 9.5 Mn in Administrative Penalties from Reporting Institutions
The Financial Intelligence Unit (FIU) of Sri Lanka has collected Rs. 9.5 million in administrative penalties from reporting institutions between July and September 2025. These penalties were imposed under the Financial Transactions Reporting Act (FTRA), No. 6 of 2006, following non-compliance with AML/CFT regulations. In accordance with the law, penalty amounts were scaled based on […]
Ditwah causes widespread devastation to agriculture, fisheries & rural livelihoods in SL: FAO
Cyclone Storm Ditwah made landfall on 27 November 2025 and lingered over the country for nearly three days, bringing exceptionally heavy rainfall that triggered severe flooding and numerous landslides, resulting in widespread devastation nationwide. As of 16 December 2025, official reports confirm that more than 2.2 million people have been affected, representing about 10 percent […]
The Chamber of Northern Exporters (CNE) Delivering Goods and Services From Jaffna and the Northern Province
By Jekhan Aruliah We have heard it so many times, “We must export more!”. We have heard it from politicians and economists and assorted commentators of assorted quality through miscellaneous channels. “We must export more” deserves the internet acronym SOTBO. Internet slang for a “Statement Of The Bleeding Obvious”. A statement so basic, so self-evident, […]
Constituent Change in the S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2025 Year End rebalance. The exclusion and inclusion as announced by S&P Dow Jones Indices, effective from 22nd December 2025 (after the market close of 19th December 2025) are presented below. […]
Exports Record USD 15.8 Bn as Sri Lanka Maintains Upward Trade Momentum
Sri Lanka’s export sector has continued its strong upward trajectory, recording a significant 5.8 % y-o-y growth during the period from January to November 2025. Based on Sri Lanka Customs statistics and estimated export figures for Gems & Jewellery, Petroleum Products and services, total exports reached US$ 15,776.36 Mn, the performance signals sustained growth and […]
IMF Executive Board Approves USD206 Mn in Emergency Financial Support for Sri Lanka
The Executive Board of the International Monetary Fund (IMF) approved a disbursement of SDR150.5 million (about US$206 million, equivalent to 26 percent of quota) for Sri Lanka under the Rapid Financing Instrument (RFI). This emergency support will help address urgent balance-of-payments and fiscal pressures arising from the catastrophic Cyclone Ditwah, which hit the country on […]
World Bank Group & Sri Lanka Partner to Improve Digital Services & Grow Digital Economy
The World Bank Board of Executive Directors today approved a $50 million project to support Sri Lanka’s digital transformation. The project will promote innovation and investment in Sri Lanka’s digital sector, modernize government services, and make them easier to access and more responsive to the needs of people and businesses. The Sri Lanka Digital Transformation Project will […]