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NBFI Boom Masks New Risks beneath Stronger Balance Sheets

Sri Lanka’s non-banking financial institutions (NBFI) sector is staging a striking recovery, but behind its stronger balance sheets lies a growing dependence on borrowed...

Mineral Sector Faces Licensing Paralysis as Exporters Demand Regulatory Overhaul

Sri Lanka’s ambition to emerge as a competitive supplier of strategic minerals is facing a fundamental test: whether the Government can translate its newly...

Sri Lanka to Host World CIO 200 Awards and International Tech Marathon in September

Sri Lanka will host the 2026 edition of the “World CIO 200 Awards & Roadshow” and an international “Tech Marathon” in September following Cabinet...

President to meet BASL today amid growing opposition to judges’ retirement age amendment

President Anura Kumara Dissanayake is scheduled to meet representatives of the Bar Association of Sri Lanka (BASL) at 1.00 p.m. today (12) to discuss...

Sri Lanka Customs appoints committee to address vehicle import clearance issue

Sri Lanka Customs has appointed a special committee to recommend a solution for vehicles imported through letters of credit (LCs) but subsequently denied final...

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