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Maldives' 40% Dollar Conversion Rule is a gift for Sri Lanka's Tourism Sector

Srilanka, Sept. 30 -- On 31 August 2026, President Mohamed Muizzu signed the First Amendment to the Foreign Currency Act into law, alongside six other pieces of legislation. The amendment came into fo... Read More


Central Bank of Sri Lanka maintains policy rate at current level

Srilanka, Sept. 30 -- The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%. The Board arrived at this decision a... Read More


Sampath Bank and KOKO Connect Merchants to New Opportunities for Business Growth

Srilanka, Sept. 29 -- Sampath Bank PLC and KOKO have partnered to introduce the KOKO Merchants Credit Facility, creating a more convenient pathway to business financing for eligible merchants within K... Read More


Ceylon Chamber Continues Business Continuity Training for Private Sector

Srilanka, Sept. 29 -- The Ceylon Chamber of Commerce is expanding its work to strengthen business continuity across Sri Lanka's private sector, with the latest in a continuing series of Business Conti... Read More


Sri Lankan IT Trade Delegation Explores Business Opportunities with Kenya National Chamber of Commerce and Industry

Srilanka, Sept. 29 -- Acting High Commissioner of Sri Lanka to Kenya Ruvini De Silva led a delegation from the Sri Lanka Association for Software and Services Companies (SLASSCOM) to the Kenya Nationa... Read More


CSE & Global Green Growth Institute Invite Applications for Technical Assistance on GSS+ Bond Listings

Srilanka, Sept. 29 -- The Colombo Stock Exchange (CSE) and the Global Green Growth Institute (GGGI) have announced that prospective issuers of Green, Social, Sustainable and Sustainability Linked (GSS... Read More


After the IMF: Can Sri Lanka Make Economic Discipline Its Own?

Sri Lanka, Sept. 28 -- Sri Lanka has travelled a considerable distance from the economic catastrophe of 2022. Growth has returned, inflation has been brought under control for much of the period, fore... Read More


United States and Sri Lanka Strengthen Nuclear Smuggling Detection Capabilities

Sri Lanka, Sept. 28 -- The U.S. Embassy in Sri Lanka, through the U.S. Department of Energy's Office of Nuclear Smuggling Detection and Deterrence (NSDD), partnered with the Sri Lanka Navy for a five-... Read More


Foreign Minister Vijitha Herath to lead Sri Lanka delegation to 81st Session of the UN General Assembly

Srilanka, Sept. 25 -- The Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath will lead the Sri Lanka delegation to the 81st Session of the United Nations General Assembly (UNG... Read More


U.S. Embassy Strengthens Sri Lanka's Ability to Detect Maritime Sanctions Evasion

Srilanka, Sept. 25 -- The U.S. Embassy in Sri Lanka, through the U.S. Department of State's Office of Cooperative Threat Reduction and in partnership with the Atlantic Council, conducted a three-day t... Read More