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SL Economic and Investment Summit opens with call to turn stability into growth

Oct 13 (FT) Sri Lanka must now convert economic stability into sustained growth, greater competitiveness and investment, Ceylon Chamber of Commerce said yesterday, opening the SL Economic and Investment Summit 2026 before more than 800 delegates. The two-day summit, held under the theme Positioning SL in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy, more..

PM directs officials to complete canal and drainage cleaning in Colombo within 2 weeks

Oct 13 (AD) PM Harini Amarasuriya has instructed relevant officials to expedite the cleaning of canals and drainage systems in Colombo District to ensure the efficient drainage of rainwater, in view of the anticipated increase in rainfall during the coming period. She further directed that these cleaning activities be completed within the next two weeks and that regular maintenance be carried out continuously thereafter. PM made these remarks today while attending more..

Reliance Consumer Products eyes deeper Sri Lanka partnerships to expand India reach

Oct 13 (FT) Reliance Consumer Products Ltd, is looking to deepen partnerships with SL businesses to take local products into India and strengthen cross-border manufacturing, sourcing, and distribution, as its top executive called for greater policy certainty and sustained investment to unlock the region’s growth potential. Delivering the keynote address at the inauguration of the two-day Sri Lanka Economic and Investment Summit 2026 organised by The Ceylon Chamber of Commerce, more..

IMF forecasts Sri Lanka’s economic growth at 3.7% in 2027

Oct 13 (NW) The IMF, in its latest World Economic Outlook report, has projected SL's economic growth rate at 4% in 2026 and 3.7% in 2027, indicating a gradual moderation in economic expansion over the next year. According to the IMF’s October 2026 report, titled World Economic Outlook: Resilience Under Strain, Urgent Choices, SL’s economy is projected to grow at a slower pace compared to the 5% growth recorded in 2025. more..

Data centre gap a market failure; private sector must take the lead

Oct 13 (FT) SL’s shortage of data centre and cloud capacity is to some extent a market failure, as clear demand from banks and other users has yet to draw private supply, forcing the Govt to invest in a sector it should not need to, the President’s top digital adviser said. “Govt really does not need to do it, but it will,” President’s Chief Adviser on Digital Economy Dr. Hans Wijayasuriya said during a conversation on digital transformation at the SL Economic and Investment Summit (SLEIS) 2026, more..

Yala National Park Zones 1 and 1A to reopen on Oct 16

Oct 13 (DM) Zones 1 and 1A of Yala National Park, which were closed due to severe drought conditions, will reopen to local and foreign tourists from 6 a.m. on Oct 16, the park authorities announced. The two zones were closed to visitors from Sept 14 to Oct 15 due to the prevailing drought. Meanwhile, tourist bungalows and campsites within the national park will reopen from November 1, according to Park Keeper A.T.R. Ravinda Kumara. Yala National Park, located in the Tissamaharama area, more..

What News Daily

National Senior Citizens Policy finalised

Oct 13 (TM) Govt is looking to create opportunities for private individuals to care for older people who have assets but no one to look after them, alongside plans to strengthen the implementation of legislation on elder care and allocate additional funding, Deputy Minister Wasantha Piyatissa said. He said that the National Policy for Senior Citizens had been finalised by the Legal Draftsman’s Department and that the Govt planned to regulate all elder care homes across the country, more..

State Printing Corporation to be modernised through Public-Private Partnership

Oct 13 (NW) The govt has decided to modernise the State Printing Corporation through a Public-Private Partnership (PPP) under a new strategic diversification programme aimed at transforming the institution into an advanced, technology-driven, high-security printing facility. Cabinet of Ministers has approved a proposal submitted by PM Harini Amarasuriya, in her capacity as Minister of Education, to implement the programme titled Smart Print Initiative. more..

Traders challenge plan to take over economic centres

Oct 13 (TM) Representatives of seven traders’ associations have sought a meeting with Prez Anura Kumara Dissanayake over the Cabinet decision to establish National Agri Markets (Pvt) Ltd to take over the management, control and administration of Dedicated Economic Centres (DECs) across the country. The traders have raised concerns that the proposed company would fundamentally change the existing more..

Sri Lanka Economic and Investment Summit 2026 draws over 800 delegates

Oct 13 (DM) Ceylon Chamber of Commerce yesterday kicked off the two-day SL Economic and Investment Summit 2026, bringing together over 800 delegates, including more than 60 international participants and investors, to explore the country's growth prospects, investment opportunities and economic reform priorities. Held under the theme Positioning SL in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy, the summit marks 26th consecutive more..

Govt to introduce new mechanism to upgrade provincial and local roads to...

Oct 13 (NW) The govt has decided to introduce a formal mechanism to upgrade roads maintained by PCs and LGs Authorities to national highways under the RDA. Cabinet of Ministers has approved a proposal submitted by the Minister of Transport, Highways and Urban Development to establish a process for evaluating and taking over roads currently managed by other government institutions. According to the Cabinet decision, requests to upgrade such roads to national highways more..

SL to implement Rs. 5.43 billion project to strengthen pandemic preparedness

Oct 13 (NW) The govt has decided to implement 35 activities under a Rs. 5.43 billion project aimed at strengthening Sri Lanka’s preparedness and response to pandemics and other public health emergencies. Cabinet of Ministers has approved a proposal submitted by the Minister of Health to implement the activities under the Integrated One Health Pandemic Preparedness and Response Strengthening Project. more..

Police uncover key financial link connecting several underworld figures

Oct 13 (Island) Police probing SL’s organised crime networks have uncovered what they believe is a key financial link connecting several underworld figures, with Mohamed Irfan Faiz alias Undiyal Rifan allegedly handling their money transfers and settlements. Two telephone recordings now being examined by the CID and State Intelligence Service (SIS) allegedly place Rifan in conversation with Dubai-based underworld figure and drug trafficker Russell Smith, discussing lawyer fees and more..

18-month delay in Sri Lanka’s tourism promotion campaign: President reveals why

Oct 13 (NW) SL’s international tourism promotion campaign has faced delays for nearly 18 months due to outdated govt procurement procedures, President Anura Kumara Dissanayake has revealed. Speaking at the Sri Lanka Economic and Investment Summit 2026 in Colombo, the President said existing procurement regulations were not designed to accommodate modern promotional campaigns, creating difficulties in selecting agencies and implementing tourism marketing initiatives. more..

කැබිනට් තීරණ

Stabilisation must lead to transformation; A sovereign development fund as a way...

Oct 13 (FT) Economic stabilisation achieved in SL since its declaration of bankruptcy in 2022 is indeed welcome. All those who are responsible for this must be commended. It is imperative however to mention here that had it not been for the fiscal discipline framework introduced by the IMF, and strict adherence to it as a pre-condition set by the IMF, this recovery would not have been possible as the primary reason for the bankruptcy was in fact the absence of fiscal discipline by successive past govts. more..

When responsible organisations remain silent

Oct 13 (FT) The prevailing situation in our country calls for serious reflection and a responsible response from organised movements, particularly trade unions, professional associations and independent civil society organisations. The direction in which our laws are evolving, the exercise of governmental powers and the implications of administrative directives deserve close public scrutiny whenever they may affect democratic freedoms, social justice and the rights of ordinary citizens. more..

President pledges investment protection, opens major projects to private sector

Oct 13 (FT) President Anura Kumara Dissanayake yesterday pledged stronger safeguards for investors and greater private-sector participation in infrastructure and economic development. He made this pledge outlining a series of proposed changes spanning ports, logistics, energy, taxation, and technology at the inauguration of the SL Economic and Investment Summit 2026 organised by The Ceylon Chamber of Commerce. more..

Presidential pardons: Govt studying Justice Thurairaja’s recommendations: Minister

Oct 13 (Island) Minister Harshana Nanayakkara said that the Cabinet was studying a set of recommendations made by a Committee, led by retired Supreme Court judge Sithambarampillai Thurairaja, PC, regarding a systematic, fair and transparent mechanism for granting presidential pardons to convicted prison inmates. Minister said so when raised the issue in the wake of the ongoing controversy over prison authorities compelling General Secretary of the BBS more..

Joint Opposition seeks presidential pardon for Ven. Gnanasara

Oct 13 (Island) Convenor of Janathawadi Joint Opposition Prof. G.L. Peiris urged Prez Anura Kumara Dissanayake to pardon Ven. Galagodaththe Gnanasara. Prof. Peiris said that the primary issue was the annulment of presidential pardon granted to Ven. Gnanasara by Prez Maithripala Sirisena, in May 2019. Addressing the media at the Flower Road Office of former Prez Ranil Wickremesinghe, Prof. Peiris emphasised that the real issue was not how Ven. Gnanasara was produced in court. more..

Malwathu Mahanayake pushes back on SJB claims

Oct 13 (NF) A delegation of senior leaders from the SJB, led by party General Secretary Ranjith Madduma Bandara, met the Most Venerable Thibbatuwawe Sri Sumangala Mahanayake Thera of the Malwathu Chapter of the Siam Nikaya on Monday, during which a range of issues relating to governance, Buddhism and social media were discussed. During the meeting, SJB representatives were critical of the govt's handling of several more..

Ashok Abeysinghe resigns from all SJB positions

Oct 13 (DM) Former State Minister Ashok Abeysinghe has resigned from all positions he held in the SJB, with effect from Oct 12. In a letter addressed to SJB Leader Sajith Premadasa, Abeysinghe announced his decision to relinquish his positions as the party’s Deputy Secretary, Kurunegala Chief Organiser, President of the Samagi Sewaka Sangamaya, Trade Union Coordinating Secretary to the Opposition Leader and a member of party’s Executive Committee. more..

Bribe from gem businessmen?: Why Chamara Sampath was arrested

Oct 13 (NW) CIABOC has released details of the allegations against former State Minister Chamara Sampath Dassanayake following his arrest on Monday. According to the commission, former state minister is accused of soliciting and accepting bribes from gem businessmen and allegedly receiving millions of rupees from companies involved in phosphate exports. Commission said Dassanayake allegedly demanded Rs. 1.2 million from one gem businessman & accepted Rs. 500,000. more..

දෙරණ අරුණ

HR Commission rules hospital violated Muslim workers’ rights over hijab restrictions

Oct 13 (NW) Human Rights Commission of SL (HRCSL) has ruled that the fundamental rights of six Muslim female healthcare assistants were violated after authorities at the Kalmunai North Base Hospital ordered them to remove their headscarves and other religious attire while on duty. In its findings issued on Oct 12, the Commission concluded that the hospital administration had unlawfully restricted the employees’ religious freedom, discriminated against them and violated their right to engage in more..

Deflated Sri Lanka look to prevent whitewash against dominant Pakistan

Oct 13 (CI) Even counting the win against Bangladesh at the Asian Games SL have lost 12 T20Is to the two they have won since their win against Australia in the 2026 T20 World Cup. There have been significant personnel changes in that period. Captains have changed. There is a new head coach. Various batting orders have been trialled. But on Sunday's evidence, they are deeply outmatched by even this Pakistan side, who themselves are hardly world-beaters at the moment, more..

10-year saga of procurement blunders and Sri Lanka still awaits ePassports

Oct 13 (ST) Cabinet decision is clear: with the introduction of biometrics into SL’s passport processing system, Dept of Immigration & Emigration (DIE) has started preliminary activities to coincide with the introduction of an electronic passport (ePassport). Identifying it as an essential component of the national digitalization programme, Cabinet said a passport in electronic format will be introduced with an electronic chip containing more..

Sri Lanka must shift from consumption to productivity for durable growth: IPS

Oct 13 (FT) Sri Lanka can no longer rely on debt-financed spending, tax concessions or import-intensive consumption to drive growth, and must instead lean on higher productivity, private investment and more competitive exports to turn its post-crisis recovery into durable expansion, Institute of Policy Studies of SL (IPS) said. In its flagship annual report, Sri Lanka: State of the Economy 2026: Policy Choices for Durable Growth, the think tank said the central challenge more..

Shoora Council urges President to provide humanitarian assistance to stranded...

Oct 13 (ST) National Shoora Council (NSC), comprising 14 Muslim Organisations, has urged Prez Anura Kumara Dissanayake to provide humanitarian assistance to the Iranian civilian vessels stranded in the South Galle within SL’s Exclusive Economic Zone. In a letter sent to the President on last Friday, NSC called for official search and rescue operations and medical assistance for the civilian seafarers and workers from Iran, India, Bangladesh and more..

කොටුව ස්ටේෂමේ නවීකරණය

Lankan U-19 lasses grab fourth win beating Pakistan at Tri-Nation T-20

Oct 13 (DN) SL women’s under 19 cricket team continued their winning form as they defeated Pakistan by six wickets in the eighth match of the Tri-Nation T-20 series played at the Iqbal Stadium, Faisalabad yesterday. This is SL’s fourth win at a stretch and they are on top of the table with 8 points. The Lankan team led by Chamudi Praboda has shown a superb all round performance so far. SL lasses chasing a target of 106 and the opener Sanjana Kavindi, the most consistent batter more..

Reforms: Prison population down by 6,000

Oct 13 (TM) The prison population in the country has declined by around 6,000 inmates over the past few months due to improvements in the issuance of Govt Analyst (GA) reports, while the Prisons Department expects to ease overcrowding further through the introduction of an electronic monitoring system. Commissioner Senaka Pallethenna said that the inmate population had dropped from around 42,000 to 36,000 as the process of issuing GA reports had become more efficient. more..

NPP backs Speaker, for now

Oct 13 (TM) NPP will support Speaker of Parliament Dr Jagath Wickramaratne in the no-confidence motion (NCM) brought against him by the Opposition, but may reconsider its position if investigations produce reports substantiating the allegations, NPP General Secretary Nihal Abeysinghe said. He said institutions were in place to investigate the allegations and that the NPP would discuss its position if their findings more..

Global fuel crisis sends aviation into turbulence

Oct 13 (ST) Geopolitical conflicts and unprecedented global fuel costs triggered SL’s overall aircraft movements through the nation’s airport system fell by 5.1 to 9 per cent during the first eight months of 2026. This has been corroborated by the recently released official air transport statistics for the Civil Aviation Authority of SL (CAASL). Based on these figures, there were a total of 40,111 movements at Sri Lankan airports comprising 38,524 scheduled movements and more..

Sanken Gen targets Saudi Arabia, Australia and Fiji following US$ 900mn overseas run

Oct 13 (DM) Sanken Overseas, which has rebranded itself as Sanken Gen after generating project revenue of US$ 900 million across seven countries in the last 5 years, is preparing to expand into Australia, Saudi Arabia and Fiji while lining up luxury resort developments in Ella and down south, its top management announced. Sanken Gen CEO Mevan Gunatilleke identified Australia, Saudi Arabia and Fiji as the company’s next construction markets, where it has already set up local entities. more..

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