Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka halts Port City, SDP tax breaks, laws to be changed in IMF benchmark
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka has halted giving tax breaks under the Port City Act and the Strategic Development Project Act and pledged to amend the laws to define rule-based criteria and reduce the length of tax holidays, under an International...
Sri Lankan man arrested at airport for smuggling pythons in underwear
Bangkok Post
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July 4, 2025
PUBLISHED : 4 Jul 2025 at 12:08 A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear. Polavee Buchakiat, director of the Wildlife...
Sri Lanka faces growing climate threats amid low stakeholder literacy and financial readiness
Daily FT
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Sri Lanka’s climate crisis has intensified rapidly, far surpassing the current levels of stakeholder awareness and capacity to finance essential mitigation and adaptation efforts. As the country faces escalating risks from extreme weather, rising...
Is Gen Z Redefining Solo Travel And Sustainable Tourism In India?
Free Press Journal
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July 6, 2025
Travel is booming these days. A big role is played by the young demographic (18-28) who are travelling solo or in a group. This trend is worth looking into. Pratham Ahuja, a Travel Enthusiast based in Gurugram, started travelling due to curiosity...
Sri Lanka secures € 30 m debt relief deal with Hungary
Daily FT
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Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance PLC to reschedule outstanding loans valued at around € 30 million (approximately Rs. 10.5...
Singer Drives Sustainable Mobility with Piaggio Apé E City Launch at Colombo EV Motor Show 2025
Colombo Gazette
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July 5, 2025
In a bold step toward sustainable modern transportation, Singer Sri Lanka PLC, in partnership with Piaggio Vehicles, proudly unveiled the Piaggio Apé E City, an advanced electric three-wheeler, at the Colombo EV Motor Show 2025. The launch marks a...
Sri Lanka–UAE trade relations bolstered through exclusive session with UAE Ambassador at National Chamber
Daily FT
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The National Chamber of Commerce of Sri Lanka successfully hosted an exclusive Bilateral Trade and Investment Session with the gracious presence of Ambassador of the United Arab Emirates (UAE) to Sri Lanka Khaled Nasser Al Ameri on Tuesday, 1...
Terry O’Connor appointed CEO of Sri Lanka’s Odel
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka has urged Japan back its existing yen-loan projects in order to attract further investment and secure gap financing, the island nation’s Finance Ministry said in a statement. The Japan-Sri Lanka Economic Cooperation Policy...
"He has both those qualities" - Sri Lankan legend's huge statement on Shubman Gill's captaincy amid ENG vs IND 2025 2nd Test
Sportskeeda
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July 4, 2025
Former Sri Lanka captain Kumar Sangakkara believes that Indian Test captain Shubman Gill has both the cricketing and the emotional IQ to lead a side. The 47-year-old explained how Gill had played a role in calming the Gujarat Titans dressing room...
Sri Lanka to make higher payouts on GDP linked bonds, but debt ratio to fall: IMF
EconomyNext
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July 3, 2025
ECONOMYNEXT – Sri Lanka is on track to make higher payouts on macro-linked bonds as dollar gross domestic product grows, but debt sustainability is maintained amid a strong economy, an International Monetary Fund report said. Both the principal...
Sri Lanka stocks dip slightly as market consolidates
EconomyNext
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July 3, 2025
ECONOMYNEXT – Sri Lanka is on track to make higher payouts on macro-linked bonds as dollar gross domestic product grows, but debt sustainability is maintained amid a strong economy, an International Monetary Fund report said. Both the principal...
Sri Lanka Taps Australian Expertise to Boost Exports adopting best practices
Lanka News Web
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July 3, 2025
By: Staff Writer July 03, Colombo (LNW): In a strategic move to strengthen its export ecosystem, Sri Lanka has partnered with Australia to harness international best practices in trade promotion, aiming to empower local exporters and improve...
Sri Lanka’s FDI Figures under Scrutiny amid Global Economic Pressures
Lanka News Web
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July 3, 2025
By: Staff Writer July 03, Colombo (LNW): As Sri Lanka navigates a fragile recovery from its recent economic crisis, government officials continue to present varied data on Foreign Direct Investment (FDI), raising concerns over the authenticity and...
IMF Executive Board completes the Fourth Review under the Extended Fund Facility with Sri Lanka
The Island
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July 4, 2025
The Executive Board of the International Monetary Fund (IMF) completed the Fourth review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR254 million (about US$350 million). This brings the total IMF...
Sri Lanka’s struggle with single-use plastics: Why bans alone fall short
EconomyNext
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July 3, 2025
The escalating crisis of plastic pollution poses a significant threat to both the health of the planet and human well-being. Among the plastic pollutants, Single-use plastics (SUPs) have become a major driver of pollution on land and in oceans....
Sri Lanka to open mission in Cyprus
EconomyNext
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July 3, 2025
The escalating crisis of plastic pollution poses a significant threat to both the health of the planet and human well-being. Among the plastic pollutants, Single-use plastics (SUPs) have become a major driver of pollution on land and in oceans....
A city rising: How Port City Colombo secures Sri Lanka’s tomorrow
Daily FT
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Nevanka Jayatilleke By Nevanka Jayatilleke Port City Colombo: A tangible win for Sri Lanka’s future Sri Lanka is a land of endurance. Over the many trials that our country has faced over its history, the hallmark of our people is their resilience....
Unigra and Eiger Holdings host high-impact culinary demonstration to elevate Sri Lanka’s HORECA standards
Daily FT
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Chef Marco Caverni with participants from Colombo’s HORECA sector following technical demonstration hosted by Eiger Holdings and Unigra Chef Marco Caverni Eiger Holdings Ltd., in strategic partnership with Unigra, a global leader in...
Community Effective Model Village program under Clean Sri Lanka initiative
Daily FT
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Cabinet Spokesman and Minister Dr. Nalinda Jayatissa The Cabinet of Ministers on Wednesday approved a proposal to implement the “Community Effective Model Village” program as part of the broader Clean Sri Lanka national project. The initiative...
Will Sri Lanka keep the good governance prize?
Daily FT
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Thus far, the NPP has governed well – but very much in an emergency or campaigning mode It is late September. The World Governance Forum has just announced the 2025 Good Governance Awards. There was no tension before the name of the winner was...