Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka’s troubled Nation Lanka Finance placed under administration
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has appointed an administrator to run the Nation Lanka Finance Plc, using its new powers to resolved troubled banks and finance companies, after the firm failed to meet capital requirements and regulations....
Sri Lanka average coconut prices slide to 7-month low
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka Customs is likely to exceed its revenue target of Rs.2,115 billion set by the government for this year due to more imports and detections, its Spokesman Seevali Arukgoda said. Sri Lanka Customs reached Rs.1,000 billion...
Sri Lanka’s digital economy targets 5x growth: Dr. Hans Wijayasuriya
Daily FT
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Keynote Speech by Chief Adviser to the President on Digital Economy Dr. Hans Wijayasuriya at Sri Lanka’s first-ever Data Privacy and Protection Summit 2025 organised by CICRA Holdings and Daily FT yesterday in Cinnamon Lakeside Colombo – Pix by...
Sri Lanka stocks close up as US tariff announcement looms
EconomyNext
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July 4, 2025
ECONOMYNEXT – Colombo’s All Share Price Index climbed a marginal 0.26 percent higher after dipping in early trade, seemingly unaffected by US president Donald Trump’s promised tariff letters, brokers said. “Market had a bit of selling pressure in...
Sri Lanka Customs earns Rs.225 mln from misclassified mandarin import
EconomyNext
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July 4, 2025
ECONOMYNEXT – Colombo’s All Share Price Index climbed a marginal 0.26 percent higher after dipping in early trade, seemingly unaffected by US president Donald Trump’s promised tariff letters, brokers said. “Market had a bit of selling pressure in...
India’s Mazagon Dock Acquires Majority Stake in Colombo Dockyard
Nautical Voice
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July 5, 2025
In a significant development, India’s state-owned Mazagon Dock Shipbuilders (MDL) has announced its acquisition of a 51% controlling stake in Colombo Dockyard PLC for $52.96 million. The deal, finalized last week with Japan’s Onomichi Dockyard, is...
F1 The Movie races into Scope Cinemas with Sri Lanka’s biggest Hollywood red-carpet premiere
Daily FT
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F1 The Movie, the high-octane film from Apple Original Films and Warner Bros. Pictures, had its red-carpet premiere hosted by Liberty Lands, the official local movie importer, and Scope Cinemas at a landmark venue: the Atrium of Havelock City...
BCB announces T20I squad for Sri Lanka series
United News of Bangladesh
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The Bangladesh Cricket Board (BCB) on Friday announced a 16-member squad for the upcoming three-match T20 International series against Sri Lanka. The series will be played across three venues — Kandy, Dambulla, and Colombo — with all matches...
Bangladesh T20I squad for Sri Lanka series announced, Najmul Hossain Shanto among 5 players AXED
CricketAddictor
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July 4, 2025
On Friday, July 4, the Bangladesh Cricket Board (BCB) announced the T20I squad of the Bangladesh National Cricket Team for the upcoming T20I series against the Sri Lanka National Cricket Team. Bangladesh National Cricket Team and Sri Lanka...
Sri Lanka sells extra Rs7.97bn Treasury bills after auction
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has appointed an administrator to run the Nation Lanka Finance Plc, using its new powers to resolved troubled banks and finance companies, after the firm failed to meet capital requirements and regulations....
Tanzid optimistic about a Bangladesh fightback in second Sri Lanka ODI
Daily Star
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July 4, 2025
Bangladesh opener Tanzid Hasan Tamim stressed the importance of staying focused for a comeback after the Tigers were handed a 77-run hammering at the hands of Sri Lanka in the first ODI of the three-match series in Colombo on Wednesday. The...
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 Lanka revives controversial property tax under IMF program
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...
Landmark Investment by Synergy Pharmaceuticals to Position Sri Lanka as Regional Pharma Powerhouse
Lanka News Web
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July 4, 2025
July 04, Colombo (LNW): A major step forward in Sri Lanka’s bid to achieve pharmaceutical self-sufficiency is currently underway, with a groundbreaking venture by ‘Synergy Pharmaceuticals’ poised to redefine the nation’s healthcare and industrial...
9th South Asian Travel Awards to Be Held in Colombo This September
The Maldives Journal
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The 9th edition of the South Asian Travel Awards (SATA) will take place from September 19 to 20, 2025, in Colombo, Sri Lanka, bringing together top tourism stakeholders from six countries across the region, including the Maldives. This year, the...
Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...
Zee News
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As the Bangladesh tour of Sri Lanka shifts to the second ODI on July 5 at the R. Premadasa Stadium in Colombo, fantasy cricket users on Dream11 are gearing up for another competitive contest. With Sri Lanka taking a 1-0 lead in the three-match...
Sri Lanka vs Bangladesh, 2nd ODI: When and Where to Watch the Match Live – Ful
Zee News
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The second One-Day International between Sri Lanka and Bangladesh will take place on Saturday, 5 July 2025, at the iconic R. Premadasa Stadium in Colombo. The match is scheduled to begin at 2:30 PM IST. After a dominant performance in the first...
UAE claim Sri Lanka scalp to move closer to Rugby World Cup play-off
The National News
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The UAE have done their bit, and in some style, too, with a 29-21 victory in Sri Lanka. Now they need Hong Kong to do them a favour on Saturday, and their Rugby World Cup qualification adventure will continue. Jack Stapley scored two tries, and...
Sri Lanka's GDP to fall 1.5 percent on U.S. tariff hike: IMF
Xinhua News Agency
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COLOMBO, July 4 (Xinhua) -- Sri Lanka's GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports and lowers tariffs on competitor trading partners, according to an IMF country report. At...
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...