Sri Lanka President reviews final draft of Budget 2026 proposals

Posted by Editor on November 6, 2025 - 11:31 am Sri Lanka President Anura Kumara Dissanayake reviewed the final draft of the 2026 Budget proposals last night (November 5) at the Presidential Secretariat in Colombo. Secretary to the Ministry of...

Sri Lanka set to present 2026 Budget tomorrow

Posted by Editor on November 6, 2025 - 9:20 am The second Budget (Appropriation Bill) of the National People’s Power (NPP) government for the year 2026 is scheduled to be presented to the Parliament of Sri Lanka tomorrow (November 7). The Budget...

Sri Lanka’s Budget Targets IMF Goals to Unlock Growth

Sri Lanka is set to present a national budget on Friday that will place economic reforms at its core, as the government seeks to meet International Monetary Fund (IMF) targets vital for unlocking further financing and revitalising growth....

Sri Lanka values "special strategic ties" with India, says Opposition leader Premadasa

New Delhi : Sri Lanka's Opposition Leader Sajith Premadasa has underlined Colombo's commitment to strengthening its "special strategic relationship" with India, describing it as central to the island nation's foreign policy and peace efforts in...

Library of China Cultural Center in Sri Lanka opens

COLOMBO, Nov. 6 (Xinhua) -- The China Cultural Center in Sri Lanka on Wednesday unveiled its library at a ceremony held in Colombo, Sri Lanka's capital. The ceremony was attended by guests from various institutions, including the Sri Lanka China...

Sri Lanka’s Opposition Leader Calls India’s UN Seat Bid a ‘Global Reality’

Sri Lanka’s Opposition Leader Sajith Premadasa has expressed strong support for India’s long-standing quest for a permanent seat on the United Nations Security Council (UNSC), describing it as an acknowledgment of “global power realities.”...

T20 World Cup 2026: IND vs PAK In Sri Lanka, Narendra Modi Stadium To Host Final; Says Report

India will host the ICC Men’s T20 World Cup 2026 across five iconic venues Delhi’s Arun Jaitley Stadium, Mumbai’s Wankhede Stadium, Chennai’s MA Chidambaram Stadium, Kolkata’s Eden Gardens, and Ahmedabad’s Narendra Modi Stadium. According to...

Sri Lanka’s budget to drive economic reforms, meet IMF goals

COLOMBO: Sri Lanka’s President Anura Kumara Dissanayake will unveil the national budget on Friday, emphasizing economic reforms to meet IMF targets critical to unlocking further financing from the global lender and attracting investment to...

Sri Lanka’s 2026 budget: between reform fatigue and fiscal reality

ECONOMYNEXT – As Sri Lanka prepares to unveil its 2026 budget on Friday this week, President Anura Kumara Dissanayake faces perhaps the most defining moment of his one-year old administration. The budget will be more than a fiscal plan. It will be...

Sri Lanka rupee weaker, bond yields drop

ECONOMYNEXT – As Sri Lanka prepares to unveil its 2026 budget on Friday this week, President Anura Kumara Dissanayake faces perhaps the most defining moment of his one-year old administration. The budget will be more than a fiscal plan. It will be...

2nd Session of Sri Lanka–UAE Joint Commission concludes in Colombo

Discussions encompass wide range of areas of cooperation, including political, economic, financial, transport, sports, health, customs, energy, labour, defence, science and technology, education, culture, agriculture, food, and postal sectors Sri...

Sri Lanka Unveils National Showcase at World Travel Market London 2025

November 06, Colombo (LNW): Sri Lanka Tourism inaugurated its exhibition space at the World Travel Market (WTM) London 2025 today, presenting the nation’s distinctive heritage, renowned hospitality, and commitment to eco-conscious travel. Situated...

Sri Lanka to Establish Temporary Detention Facilities Amid Severe Prison Overcrowding

November 06, Colombo (LNW): Sri Lanka’s Department of Prisons has unveiled plans to set up provisional detention sites nationwide in response to an escalating overcrowding emergency within the country’s correctional system. Official statistics...

Sri Lanka Raises Import Duty on Big Onions to Support Local Farmers

November 06, Colombo (LNW): Lanka Sathosa has so far purchased more than 70,000 kilogrammes of big onions from local cultivators, while private traders have also made substantial purchases, Trade, Commerce, Food Security and Cooperative...

Sri Lanka Drags Its Feet on U.S. Trade Deals

On August 1, Trump reduced the tariffs that had previously been imposed on Sri Lanka, Pakistan, and Bangladesh. He made this decision after reaching trade agreements with these South Asian countries. Under these agreements, Pakistan agreed to...

Sri Lanka's opposition leader backs India's permanent UNSC seat bid

Sri Lankan Opposition Leader Sajith Premadasa has backed India's long-pending bid for a permanent UNSC seat, calling it a 'recognition of global power realities' and affirming a 'special strategic relationship' with India. Support for India's UNSC...

Feature: Port City Colombo offers Sri Lankans new leisure, shopping experience

COLOMBO, Nov. 6 (Xinhua) -- Along the northwestern waterfront of Sri Lanka's capital Colombo, the China Harbor Engineering Company Ltd. (CHEC)-invested and operated Port City Colombo has become a new hotspot for residents seeking leisure and...

Sri Lanka Insurance Life appoints Nalin Subasinghe as CEO

Nalin Subasinghe Sri Lanka Insurance Life (SLIC Life), has announced the appointment of Nalin Subasinghe as its new Chief Executive Officer, effective 3 November 2025. Subasinghe brings over 21 years of extensive experience in the insurance...

Rising Toll of Drowning Deaths Prompts Safety Warnings Across Sri Lanka

November 06, Colombo (LNW): Sri Lanka’s Police Life Saving Division has revealed that 230 people have died in drowning incidents across the island so far this year, with most of the victims being young individuals. Despite the grim figures,...

Sri Lanka’s 2026 Budget: Defining moment for stability, growth, and confidence

For ordinary citizens, the Budget is not about policy jargon — it’s about daily life Introduction: A nation awaits the numbers On Friday, 7 November 2025, all eyes will turn to Parliament as the President, in his dual capacity as the Minister of...