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Sri Lanka's Exports Surpass US$ 12 Bn in First Eight Months of 2026

Srilanka, Sept. 23 -- Sri Lanka's export sector has surpassed the US$ 12 Bn mark during the first eight months of 2026, with total exports reaching US$ 12.01 Bn, an increase of 4.26% compared with US$... Read More


Fitch Upgrades Sri Lanka to 'B-' from 'CCC+'; Outlook Stable

Srilanka, Sept. 22 -- Fitch Ratings has upgraded Sri Lanka's Long-Term Issuer Default Ratings (IDRs) to from 'CCC+'. The Outlook is Stable. The upgrade reflects the implementation of macro-stabilizat... Read More


Supreme Court Mandates Referendum for Strict Bail Restrictions Under Anti-Corruption Bill

Srilanka, Sept. 22 -- In a major constitutional determination announced in Parliament today by Speaker Jagath Wickramaratne, the Supreme Court of Sri Lanka ruled that key provisions of the proposed An... Read More


Supreme Court Clears 22nd Amendment Without Referendum, Exempts Incumbent CJ from 6-Year Term Limit

Srilanka, Sept. 22 -- The Supreme Court of Sri Lanka has determined that the proposed 22nd Amendment to the Constitution Bill and the Judicature Amendment Bill do not violate core constitutional provi... Read More


Port City Expansion: Regulations for 68 Strategic Businesses Head to Parliament

Srilanka, Sept. 1 -- The Cabinet of Ministers has approved a proposal presented by the President, in his capacity as the Minister of Finance, Planning, and Economic Development, to present to Parliame... Read More


Cabinet Approves Bilateral MoU Between Sri Lanka and China on Immigration Control Cooperation

Srilanka, Sept. 1 -- The Cabinet of Ministers has granted approval to enter into a bilateral Memorandum of Understanding (MoU) on immigration control cooperation between the Department of Immigration ... Read More


Sri Lanka to Install 300,000 Smart Meters Under Time-of-Use Billing Project

Srilanka, Aug. 25 -- Sri Lanka's Cabinet has approved a two-year project to install 300,000 smart electricity meters equipped with a Time-of-Use (TOU) billing system as part of efforts to modernise th... Read More


Sri Lanka Revises Renewable Energy Feed-in Tariffs

Srilanka, Aug. 24 -- Sri Lanka's Public Utilities Commission has approved new feed-in tariffs for renewable energy power projects, effective August 25, 2026, and valid until February 24, 2027. The re... Read More


Cabinet Approves Publication and Parliamentary Submission of New 'Protection of the State from Terrorism' Bill

Srilanka, Aug. 18 -- Sri Lanka's Cabinet of Ministers has formally approved a proposal to publish the draft bill for the 'Protection of the State from Terrorism Act' in the Government Gazette and subs... Read More


Governor's remarks do not signal future policy rate path or level: CBSL

Srilanka, Aug. 13 -- The Central Bank of Sri Lanka (CBSL) clarified that recent media reports had misinterpreted remarks made by the Governor during a media interview. CBSL said its monetary policy i... Read More