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World Bank Approves $110 Million for Climate-Resilient Roads in Sri Lanka

Srilanka, Sept. 30 -- The World Bank today approved $110 million to help Sri Lanka repair and reconstruct 600 kilometers of roads that were severely damaged by Cyclone Ditwah. The new financing, prov... Read More


FAAMA Appoints New Executive Committee for 2026/27, targeting a US$1 billion local value-addition opportunity

Srilanka, Sept. 30 -- The Fabric & Apparel Accessory Manufacturers Association (FAAMA) has reappointed Mr. Husni Salieh of Noyon Lanka (Private) Limited as the Chairman for the 2026/27 term at its Ann... Read More


New 'Ayubo' Lottery Will Only Make the Poor Fund Free Healthcare: Advocata Institute

Srilanka, Sept. 30 -- The government's new 'Ayubo' daily lottery will result in lower-income citizens footing the bill for a universal free healthcare system accessible to all wealth brackets, the Adv... Read More


Beyond El Nino: Building lasting climate resilience in Sri Lanka's plantations

Srilanka, Sept. 30 -- Climate resilience has become the defining test of this El Nino year for Sri Lanka's plantation sector. The National Disaster Relief Services Centre says over 81,000 people acros... Read More


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