IMF asks Sri Lanka to beef up anti-graft operations

Agence France-Presse . Colombo 09 October, 2025, 23:31 | AFP file photo The International Monetary Fund asked cash-strapped Sri Lanka on Thursday to strengthen its anti-corruption agency and accelerate prosecutions after a review of a bailout that...

Hotel group boss says Sri Lanka must rebrand as a value destination

Sri Lanka has been urged to move beyond “discount-led tourism” to focus on value over price. Minor International Group CEO Dillip Rajakarier said that the country should not be positioning itself as a cheap destination in his keynote speech at CA...

Global tourism giant Minor urges Sri Lanka to shift from price to value

Minor International Group CEO and Minor Hotels CEO Dillip Rajakarier – Pic by Ruwan Walpola Delivering keynote at CA Sri Lanka’s 46th National Conference, Minor International Group CEO Dillip Rajakarier says Sri Lanka must move beyond discount-led...

Sri Lanka charts bold AI future as inaugural National AI Expo & Conference 2025 concludes

From left: Youth Affairs and Sports Minister Sunil Kumara Gamage, Industry and Entrepreneurship Development Minister Sunil Handunneththi, Prime Minister Dr. Harini Amarasuriya, Digital Economy Deputy Minister Eng. Eranga Weeraratne, SLT Group...

Sri Lankan youth pay tribute to Che Guevara and ratify support for Cuba

Tribute to a symbol of the Cuban Revolution and of the men and women who fight for justice and freedom in the world. As part of the tribute, the participants signed a banner to denounce the unilateral and punitive measures of the United States...

Cosmetics.lk wins “Most Popular Website in Sri Lanka” in E-Commerce category

Cosmetics.lk, has been honoured with the title “Most Popular Website in Sri Lanka” in the E-Commerce Category at BestWeb.lk 2025, organised by the LK Domain Registry. BestWeb.lk is Sri Lanka’s premier web competition, recognising and rewarding...

60 percent of Lankan schoolkids affected by depression

Recent research has revealed that 60 percent of school students in Sri Lanka are affected by depression, with 24 percent of students in higher grades showing significant symptoms, experts said on Friday(10). Speaking at a World Mental Health Day...

Sri Lanka’s growth strong but recovery remains uneven: World Bank

Sri Lanka’s recent economic rebound has been strong but remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated, the World Bank said in its latest Sri Lanka Development Update – Better Spending for All. Sri...

Bumpy road to citizenship

N. Leena, a young refugee living in a rehabilitation camp for Sri Lankan Tamils in Thoothukudi district, S. Dilakshana, another young refugee in Sivaganga, and Inbamalar, a middle-aged woman at a rehabilitation camp in Virudhunagar, have been...

Sri Lanka issues extraordinary gazette on measures to prevent spread of swine fever

COLOMBO, Oct. 8 (Xinhua) -- Sri Lanka's Department of Animal Production and Health has issued an extraordinary gazette notification outlining measures to prevent the spread of African swine fever (ASF), a senior health officer told local media on...

Uncovering Antioxidants and Antidiabetic Benefits in Sri Lankan Fruits

In a remarkable investigation that seeks to illuminate the often-overlooked potential of indigenous biodiversity, a pioneering study illuminates the antioxidant and antidiabetic properties of ten underutilized Sri Lankan fruits. Conducted by a...

Sri Lanka must open up and trade its way to recovery: Economist

Economist and Arutha Research Director – Civic Education Rehana Thowfeek – Pic by Shehan Gunasekara Arutha Research’s Rehana Thowfeek says narrow export focus, protectionism, import substitution trade policies of the past have failed, precipitated...

Grotton veterinary nurse brings expertise to Sri Lanka’s forgotten animals

A HIGHLY experienced veterinary nurse from Grotton has joined the mission to help change the lives of street dogs in Sri Lanka. Lucas Helps Dogs, a UK-based charity, works to bring surgeries, vaccinations, treatments, and feeding programmes to...

Sri Lanka growth to hit 4.6 pct in 2025 before slowing: World Bank

COLOMBO, Oct. 7 (Xinhua) -- Sri Lanka's economy is expected to grow by 4.6 percent in 2025, supported by a modest rebound in industry and steady growth in services, before slowing to 3.5 percent in 2026, the World Bank said on Tuesday. This...

AMAGI SECRET by Atmosphere Tangalle to open with 33 Keys in Sri Lanka by 2026

Atmosphere Core, a fast-growing international hospitality company, in partnership with the Amagi Group is set to make its debut in Sri Lanka with a boutique resort in Tangalle. A part of the award-winning Atmosphere Hotels & Resorts brand, AMAGI...

Beyond the billion-dollar myth: Why Sri Lanka’s business narrative needs reimagining

When analysts point out that Sri Lanka has only a handful of listed companies valued over a billion dollars compared to Singapore’s 77 or Vietnam’s 44, the instinctive response is often: “We need more billion-dollar companies.” But this misses a...

World Bank warns Sri Lanka’s recovery fragile, urges urgent reforms to sustain growth

World Bank Country Manager for Sri Lanka and the Maldives Gevorg Sargsyan World Bank Country Economist for Sri Lanka Shruti Lakhtakia Projects Sri Lanka’s economy to grow by 4.6% in 2025 and 3.5% in 2026 but warns recovery remains fragile without...

Sri Lanka’s Economic Recovery Remains Incomplete as Key Challenges Remain, says World Bank

Sri Lanka’s recent economic performance has been strong. Despite this, the recovery remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated. Strengthening the recovery will require continued macroeconomic...

Don’t just tick the box: Strategic imperative for Sri Lankan corporates to integrate sustainability

Embedding sustainability in business models for future-proofing Sri Lankan enterprises Sustainability has emerged as one of the most critical strategic imperatives of our era, particularly in nations acutely exposed, with economies closely tied to...

Sri Lanka reports third highest child displacements from climate disasters in South Asia

Sri Lanka has recorded the third highest number of child displacements from climate-related disasters in South Asia, following India and Bangladesh, according to a new report by the United Nations Children’s Fund (UNICEF) for South Asia. “India,...