2027 Appropriation Bill puts state spending at Rs. 4,992 billion
The Appropriation Bill presented to Parliament projects total government expenditure of about Rs. 4,992 billion in 2027, up from Rs. 4,545 billion…
Business
NDB Bank fraud total rises to Rs. 13.6 billion
A final audit puts fraudulent transactions at NDB Bank at Rs. 13,639,664,684, Parliament's finance committee was told.
Advocata says Port City tax breaks distort property market
The Advocata Institute said tax exemptions for residential developers in Colombo Port City create an unequal regime compared with real estate businesses…
World Bank raises 2026 South Asia growth forecast to 6.9 percent
The World Bank now expects South Asia to grow 6.9 percent in 2026, citing resilient consumer demand despite higher energy prices, but…
Customs to end manual FCL filings from 19 October
Sri Lanka Customs will stop accepting paper submissions for full container load imports under office code CBHQ1 from 19 October 2026.
SLBFE signs deal on new Japan worker programme
The Sri Lanka Bureau of Foreign Employment signed an agreement with IM Japan for a new skills programme replacing the intern scheme…
Sri Lanka’s official reserves fall to US$ 6.85 billion
The Central Bank of Sri Lanka said official reserve assets fell 1.1 percent in September to US$ 6.85 billion from US$ 6.92…
Central Bank opens Financial Literacy Month with Rajagiriya expo
The Central Bank of Sri Lanka launched Financial Literacy Month 2026 on 8 October with a two-day public expo at its Rajagiriya…
FCID arrests man over alleged US$25 million overseas transfers
A 25-year-old Wellampitiya man was arrested over alleged telegraphic transfers of US$25 million for imports that never arrived, investigators said.
ASPI falls 0.64 percent to 20,517.55 on heavy selling
The Colombo Stock Exchange's main index closed lower on 7 October, with decliners outnumbering gainers by 158 to 52 and foreign investors…