Navy member arrested over abduction of 11 youth

Sri Lanka Ends 2025 With Improved External Position Despite Trade Pressures

Sri Lanka closed 2025 with a cautiously improved external position, supported by persistent current account surpluses, record-high workers’ remittances, and a stronger services balance, according to the Central Bank of Sri Lanka’s latest external sector data. The current account recorded a marginal surplus in December, extending a trend seen through most of the year, with the full-year balance estimated at a provisional surplus of US$1.7 billion. This marked a significant shift from the pre-cri

03 Feb, 2026

SLIM-Kantar People’s Awards 2026 To Honour Sri Lanka’s Most Trusted Names

The SLIM-Kantar People’s Awards 2026 will once again recognise Sri Lanka’s most trusted brands, personalities, and organisations, reinforcing its standing as the country’s most credible, consumer-validated awards platform. Organised by the Sri Lanka Institute of Marketing (SLIM) in partnership with Kantar Sri Lanka, the awards are based entirely on independent, nationwide consumer research, ensuring each accolade reflects genuine public trust and preference. At a time when consumer trust is cen

31 Jan, 2026

India Raises Budgetary Assistance To Sri Lanka In 2026-27 Budget

India has increased its budgetary assistance to Sri Lanka to INR 4 billion ($43.6 million) in the 2026–27 Union Budget, up from INR 3 billion ($32.7 million) in the revised estimates for 2025–26, reflecting a year-on-year increase of around 33%. According to the External Affairs Ministry’s Notes on Demands for Grants, actual Indian assistance to Sri Lanka stood at INR 3.17 billion ($34.6 million) in 2024–25, before being budgeted and later revised to INR 3 billion for 2025–26. The higher alloca

03 Feb, 2026