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Top EconomyNext News

Sri Lanka spinners leave Bangladesh on verge of crushing defeat
Cricket · Colombo

Sri Lanka spinners leave Bangladesh on verge of crushing defeat

56% Center coverage: 9 sources
Spinners Dhananjaya de Silva and Prabath Jayasurya rounded off another dominant day for Sri Lanka on Friday, taking two wickets each to leave them on the brink of a crushing innings victory over Bangladesh in the second Test. By close of play on the third day at the Sinhalese Sports Club in Colombo, the visitors had slumped to 115-6 in their second innings, still 96 runs away from making Sri Lanka bat again. Bangladesh started their second innin…See the Story
In third South Asia launch, Starlink now in Sri Lanka
Elon Musk · Sri Lanka

In third South Asia launch, Starlink now in Sri Lanka

60% Right coverage: 5 sources
Starlink satellite internet now available in Sri Lanka, with competitive pricing and regulatory approvals in progress for neighboring countries.See the Story
IMF to Provide Sri Lanka $350 Million After Fourth Review of Bailout
IMF · Sri Lanka

IMF to Provide Sri Lanka $350 Million After Fourth Review of Bailout

Coverage: 2 sources
The facility helped Sri Lanka revive its bankrupt economy by building its reserves and successfully negotiating debt restructuring with external creditorsSee the Story

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Uganda: Museveni Urges Iran, Israel to End Hostilities, Calls for Two-State Solution

Left14%
Center29%
Right57%

Sri Lanka President to Appoint Panel to Probe SriLankan, Airport SOE

ECONOMYNEXT – Sri Lanka’s cabinet has approved a proposal by President Anura Kumara Dissanayake committee to probe alleged irregularities in transactions in SriLankan Airlines and Airport and Aviation Service (Pvt) Ltd. The move comes as former SriLankan Airlines Chairman Nishantha Wickremesinghe was arrested on a complaint by the Commission for Bribery and Corruption. The committee will be headed by retired Auditor General H M Gamini Wijesinghe…Cricket · ColomboSee the Story

Sri Lanka tourist arrivals up 21.8-pct in June, regional visitors increase

ECONOMYNEXT – Sri Lanka’s tourist arrivals increased 21.8 percent from a year ago to 138,241 in June 2025, with visitors from Pakistan and Bangladesh increasing, data from the island’s tourism promotion office showed. There were 37,934 visitors from India in June 2025, making up 27.4 percent of total arrivals, followed by the UK with 11,628 which made up 8.4 percent of arrivals. Visitors from neighboring Pakistan and Bangladesh had increased, po…Cricket · ColomboSee the Story

Corruption fighter recommends reforms to release CB from EPF responsibilities

Cricket · ColomboRead Article

Sri Lanka Lacks Capacity to Store Two-Month Fuel Stocks – Cpc Chief

Cricket · Sri LankaRead Article

Sri Lanka cabinet approves SLEC, CECB for consultancy in Chinese housing deal

Cricket · Sri LankaRead Article

Sri Lanka plans e-invoicing for VAT, link POS machines to Inland Revenue

ECONOMYNEXT – Sri Lanka is working on starting e-invoices which will be directly linked to the tax office to digitalize the value added tax payments, Deputy Minister of Economic Development Anil Jayantha Fernando said. “We have to bring the mechanism of VAT collection, calculation and transmission to the government into technology,” Minister Fernando told parliament. “As a first step, for chosen sectors, especially for high value individuals, th…Cricket · ColomboRead Article

Sri Lanka rupee opens stronger, bond yields flat

ECONOMYNEXT – Sri Lanka’s rupee opened stronger at 299.85/300.15 to the US dollar in the spot market on Wednesday from 300.00/15 a day earlier, dealers said, while bond yields were steady. An auction of Rs. 113,000 million Treasury bills was ongoing. A bond maturing on 15.12.2026 was quoted flat at 8.00/10 percent. A bond maturing on 15.10.2028 was quoted at 8.80/90 percent. A bond maturing on 15.12.2029 was quoted at 9.38/42 percent from 9.40/4…Cricket · ColomboRead Article

Sri Lanka banks say parate action only on 1-pct of NPLs, not a first resort

ECONOMYNEXT – Sri Lanka Banks’ Association said parate execution (foreclosure of mortgaged assets) has been made only on 1 percent of non-performing loans from 2019 to 2023 and it is a last resort to protect depositor’s funds. During the last currency crisis and Coronavirus pandemic where bad loans climbed to 13 percent, the government suspended parate law up to March 2025 and banks extended a moratorium by another three months for borrowers to …Cricket · ColomboRead Article

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