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Lanka Business Online

Lanka Business Online•2h ago
Beyond Sovereignty Rhetoric: Structural Barriers to Sri Lanka’s Economic Independence

"Political independence and economic independence are inseparable." - Deng Xiaoping By Prof. Asoka.S.Seneviratne Introduction President Anura Kumara Dissanayake's recent pronouncements on economic independence strike a vital chord for a post-default

Lanka Business Online•11h ago•7 sources
UNDP supports DNA Laboratory of Government Analyst Department in procuring critical equipment

Visit to DNA Laboratory and observing of procured equipment The United Nations Development Programme (UNDP) in Sri Lanka handed over 17 critical equipment to strengthen the DNA laboratory of the Government Analyst Department, including an RT PCR mach

Lanka Business Online•1d ago•8 sources
Sri Lanka records 4.2 percent GDP growth for 2Q 2026

The GDP for the second quarter of 2026 at constant price (2015) has increased to Rs. 3,029,816 million from Rs. 2,908,570 million which was reported in the second quarter of 2025. The GDP growth rate for the second quarter of year 2026 has been repor

Lanka Business Online•2d ago•3 sources
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom's global integration, marking the next chapter for an agency built on strong creative thinking, strategic depth and measurable business impact. Its people, partnerships,

Lanka Business Online•2d ago
Sri Lanka’s AI week needs authority budgets before agents get real power

Sri Lanka is preparing to make artificial intelligence more central to business, government, education, and the digital economy. Sri Lanka AI Week 2026, running from September 28 to October 4, is explicitly designed to turn AI ambition into measurabl

Lanka Business Online•2d ago
Sri Lanka’s Reserves: Build Them Wisely, Not at Any Cost

"The whole is greater than the sum of its parts." - Aristotle By Prof. Asoka.S.Seneviratne Summary The Governor of the Central Bank of Sri Lanka, Dr Nandalal Weerasinghe, deserves credit for placing the question of foreign-reserve accumulation within

Lanka Business Online•3d ago•5 sources
Foreign Minister Vijitha Herath to Undertake Official Visit to Thailand

Minister of Foreign Affairs, Foreign Employment & Tourism Vijitha Herath will undertake an official visit to Thailand from 14 to 16 September 2026, at the invitation of the Minister of Labour of Thailand. During the visit, Minister Herath will hold d

Lanka Business Online•5d ago
Sri Lanka expects India’s full support in fight against Indian Ocean drug trafficking

Sri Lanka expects India's fullest support in combating drug trafficking in the Indian Ocean region, President Anura Kumara Dissanayake said, as the Indian Ocean has increasingly become a hub for the trade. The President made the remarks at a meeting

Lanka Business Online•5d ago•9 sources
Build buffers before the storm, Central Bank Governor tells reserve managers

Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe used the inaugural Reserve Management Conference in Colombo on 10 September to deliver a pointed message to central bankers from across Asia and beyond: the world reserve managers once knew n

Lanka Business Online•5d ago
Vipul Misra appointed as acting CEO of SriLankan Airlines

Vipul Misra has been appointed Acting Chief Executive Officer (CEO) of SriLankan Airlines, with effect from today (9 September). Bringing over two decades of aircraft engineering and aviation leadership experience, Misra's background spans across sig

Lanka Business Online•5d ago
Opinion: How & Why Economic Growth & Development Matter

By Prof. Asoka S. Seneviratne Executive Summary The central question for Sri Lanka is whether economic growth is improving the lives and opportunities of ordinary citizens. Growth is often presented as a headline GDP percentage, but it is morally neu

Lanka Business Online•6d ago•6 sources
Sampath Bank Appoints Dilip de S Wijeyeratne as Deputy Chairman

Sampath Bank PLC announced the appointment of Mr. Dilip de S Wijeyeratne as Deputy Chairman, effective 10th September 2026, further strengthening the Bank's leadership as it advances its strategic priorities and continues to evolve as a purpose-led,

Lanka Business Online•6d ago•3 sources
Dr. Nandalal Weerasinghe to keynote Planters’ Association AGM

Governor of the Central Bank Sri Lanka, Dr. Nandalal Weerasinghe, will grace the 172nd Annual General Meeting of the Planters' Association of Ceylon (PAC) as its Chief Guest. The AGM on Saturday, 19th September will bring together Regional Plantation

Lanka Business Online•6d ago•53 sources
VIDEO: India’s Defence Minister Is Visiting Sri Lanka After 38 years. Here’s Why

India is making a major push in the Indian Ocean. Defence Minister Rajnath Singh's Sri Lanka visit comes at a crucial time, as tensions rise across these waters. But why is India turning to Sri Lanka now?

Lanka Business Online•6d ago•8 sources
SL appeals to Human Rights High Commissioner to conclude country-specific mandates where national processes demonstrate progress

Addressing the 63rd Session of the United Nations Human Rights Council in Geneva on 08 September 2026 during the General Debate under the Agenda Item 2, Permanent Representative of Sri Lanka to the United Nations in Geneva, Ambassador Sumith Dassanay

Lanka Business Online•Sep 9, 2026
Opinion: For the first time, an idea that needs several ministries has the right place to go—the NBFC

By Lalith Kahatapitiya The Cabinet's announcement of 24 August carried more than an administrative decision. Read carefully, it has the power to become the turning point of Sri Lanka's economy, if what it promises is built into the Centre from the st

Lanka Business Online•Sep 8, 2026
Singer partners with Mintpay to make every upgrade more flexible and rewarding

Singer, one of Sri Lanka's largest and most trusted consumer durables retailers, has partnered with Mintpay, Sri Lanka's premier payments platform, to give customers a more flexible and rewarding way to pay across its network. With this collaboration

Lanka Business Online•Sep 8, 2026
Godrej consumer products consolidates international media operations under WPP media

Godrej Consumer Products Ltd. (GCPL), a leading emerging markets FMCG company, has appointed WPP Media as its global media agency partner for its international business spanning Sri Lanka, Bangladesh, Nigeria, South Africa, Indonesia, Argentina and C

Lanka Business Online•Sep 8, 2026•5 sources
Japan envoy urges Sri Lanka to look East, warns against missing Japan FDI opportunity again

Sri Lanka should adopt an export-oriented industrial model and look towards Southeast Asia and Japan for economic partnership, Japan's Ambassador to Sri Lanka Akio Isomata said, addressing the 47th AGM of the Sri Lanka - Japan Business Council (SLJBC

Lanka Business Online•Sep 8, 2026•2 sources
Vietjet’s three-day 9.9 sale offers fares from USD90 on flights to Vietnam

Vietjet is giving Sri Lankan travellers another reason to plan their next trip, with a three-day 9.9 sale featuring Eco tickets from USD90 one-way (inclusive of taxes and fees) and 22% off Deluxe base fares on its newly-launched Colombo-Ho Chi Minh C