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NDB irregularities extend to involve other financial institutions: Sri Lanka legislator
EconomyNext 17 days ago
NDB irregularities extend to involve other financial institutions: Sri Lanka legislator

Karunanayake charged that CBSL and relevant authorities engaged in a “serious and continuing obstr…

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EconomyNext 17 days ago
Sri Lanka’s census warns of shrinking workforce, rising elderly burden

ECONOMYNEXT – Sri Lanka is facing a demographic shift with a shrinking workforce and a looming eld…

Sri Lanka worker remittances up 17.5-pct to US$815mn in March 2026
EconomyNext 18 days ago
Sri Lanka worker remittances up 17.5-pct to US$815mn in March 2026

Higher inflows come amid escalation in the Middle East where most Sri Lankan expatriates live

South and South-East Asia banks face slower-build credit pressure
EconomyNext 20 days ago
South and South-East Asia banks face slower-build credit pressure

Higher energy prices, supply-chain disruption, weaker remittance flows would weigh on emerging-marke…

No confidence motion against Sri Lanka’s Energy Minister fails
EconomyNext 21 days ago
No confidence motion against Sri Lanka’s Energy Minister fails

Government defended minister accused of coal import irregularities

Fitch downgrades Sri Lanka’s NDB rating to ‘A-(lka)’; Outlook Negative
EconomyNext 21 days ago
Fitch downgrades Sri Lanka’s NDB rating to ‘A-(lka)’; Outlook Negative

Also downgraded rating assigned to NDB's Basel III-compliant subordinated debentures to 'BBB(lka)' f…

Sri Lanka rupee flat, bond yields steady
EconomyNext 21 days ago
Sri Lanka rupee flat, bond yields steady

Bond yields were broadly steady, dealers said

Sri Lanka stocks close up, crossings in LIOC, JKH push turnover
EconomyNext 21 days ago
Sri Lanka stocks close up, crossings in LIOC, JKH push turnover

Turnover was 5.016 billion rupees.

No takers for Sri Lanka Treasury bonds offered on tap
EconomyNext 21 days ago
No takers for Sri Lanka Treasury bonds offered on tap

“No further subscription was made under Direct Issuance Window

Sri Lanka could lose 0.8-pct growth in 2026 on prolonged US-Iran conflict: ADB
EconomyNext 21 days ago
Sri Lanka could lose 0.8-pct growth in 2026 on prolonged US-Iran conflict: ADB

Lower tourism revenues, higher energy and fertilizer import costs could be among negative fallouts

Sri Lanka’s HNB Finance to raise Rs2.4bn in rights issue
EconomyNext 21 days ago
Sri Lanka’s HNB Finance to raise Rs2.4bn in rights issue

Funds are to be used to improve the Capital Adequacy Ratio of the Company, and for lending purposes

Sri Lanka stocks trend up, NDB lists shares from scrip dividend
EconomyNext 21 days ago
Sri Lanka stocks trend up, NDB lists shares from scrip dividend

National Development Bank said 5,308,377 ordinary voting shares have been listed