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Lanka Business Online

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UN Human Rights Office encourages Sri Lanka to undertake comprehensive review of PSTA before its enactmentLanka Business Online · 2026-10-30 15:04 UTCFitch Takes Action on 8 Sri Lankan Banks’ National Ratings on Updated Scale After Sovereign UpgradeLanka Business Online · 2026-10-30 14:10 UTCSri Lanka Launches AgriConnect Joint Implementation Plan to Transform Agriculture, Create JobsLanka Business Online · 2026-10-30 09:54 UTCComBank launches dedicated loan scheme to revitalise Sri Lanka’s tea industryLanka Business Online · 2026-10-30 07:43 UTCCentrum Air to connect Uzbekistan and Sri Lanka with direct flights to MattalaLanka Business Online · 2026-10-30 07:39 UTCAdvancing Human Capital for Durable Growth: Policy Priorities for Sri LankaLanka Business Online · 2026-10-29 09:25 UTC

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30 storiesNewest publisher update · 2026-10-30 15:04 UTC
01
World

UN Human Rights Office encourages Sri Lanka to undertake comprehensive review of PSTA before its enactment

The UN Office of High Commissioner for Human Rights (OHCHR) encourages the Government to undertake a further comprehensive review of the draft Protection of the State from Terrorism (PSTA) Bill before its enactment, in consultation with independent institutions, civil society organisations and legal experts. The Office recommends, in particular, that the Government:1) Narrow and clarify […]

Lanka Business Online
2026-10-30 15:04 UTClankabusinessonline.com
02
LA
World

Fitch Takes Action on 8 Sri Lankan Banks’ National Ratings on Updated Scale After Sovereign Upgrade

Fitch Ratings has taken the following actions on the National Long-Term Ratings of eight Sri Lankan banks following recalibration of the agency’s Sri Lankan national rating scale in the wake of the recent sovereign rating upgrade: — Bank of Ceylon (BOC): National Long-Term Rating upgraded to ‘AA+(lka) from ‘AA-(lka)’; Outlook Stable — People’s Bank (Sri […]

Lanka Business Online
2026-10-30 14:10 UTClankabusinessonline.com
03
World

Sri Lanka Launches AgriConnect Joint Implementation Plan to Transform Agriculture, Create Jobs

The Government of Sri Lanka, in partnership with the World Bank Group and the International Fund for Agricultural Development (IFAD), today announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated effort to transform the country’s agrifood sector, create jobs, and strengthen food security. “Sri Lanka is committed to transforming our agrifood […]

Lanka Business Online
2026-10-30 09:54 UTClankabusinessonline.com
04
LA
World

ComBank launches dedicated loan scheme to revitalise Sri Lanka’s tea industry

Mr S. Ganeshan, Deputy General Manager – Personal Banking at Commercial Bank at the signing of a loan agreement with Jayasinghe Tea Factory, in the presence of (from left) Mrs. Harshi Perera, Coordinating Manager – Sri Lanka Tea Factory Owner’s Association, Mr. Amal Jayasinghe, Partner – Jayasinghe Tea Factory, Mr. Lionel Herath, Chairman – Sri […]

Lanka Business Online
2026-10-30 07:43 UTClankabusinessonline.com
05
LA
World

Centrum Air to connect Uzbekistan and Sri Lanka with direct flights to Mattala

Royal Spence Aviation, a partner company of Aitken Spence Travels is all set to welcome a new gateway from Central Asia as Uzbekistan’s Centrum Air launches direct scheduled flights between Tashkent and Mattala Rajapaksa International Airport (MRIA), commencing 28th October 2026. Operating twice weekly, every Wednesday and Saturday, until the end of March 2027, this new […]

Lanka Business Online
2026-10-30 07:39 UTClankabusinessonline.com
06
LA
World

Advancing Human Capital for Durable Growth: Policy Priorities for Sri Lanka

By Sunimalee Madurawala, Research Economist, Institute of Policy Studies of Sri Lanka (IPS) The Sri Lankan economy has stabilised following a series of repeated shocks, including the COVID-19 pandemic, the economic crisis, and climate-related disasters. While economic activity has recovered, an important question remains: what will it take to sustain growth and make it durable? […]

Lanka Business Online
2026-10-29 09:25 UTClankabusinessonline.com
07
OPINIONWorld

Opinion: Should Sri Lanka Raise Its Income Tax-Free Threshold Again?

By Advocata Institute Recently, the government announced a proposal to increase the personal income tax-free threshold from LKR 150,000 to LKR 200,000 per month with the upcoming Budget, raises questions about Sri Lanka’s tax policy priorities. While reducing the tax burden on individuals may be justified under certain circumstances, another substantial increase so soon after […]

Lanka Business Online
2026-10-29 09:21 UTClankabusinessonline.com
08
World

Sri Lanka’s Organized Crime Bill Violates Rights Standards: Human Rights Watch

The Sri Lankan government’s Prevention of Organised Crimes Bill, submitted to parliament on October 20, 2026, risks enabling arbitrary detention, torture, and other rights violations, Human Rights Watch said today. The proposed law, alongside the Protection of the State from Terrorism Bill submitted on October 6, reproduces abusive provisions in existing counterterrorism laws that would […]

Lanka Business Online
2026-10-29 08:36 UTClankabusinessonline.com
09
World

Ceylon Chamber Calls for Careful Review of PSTA to Safeguard Competitiveness & GSP+ Access

The Ceylon Chamber of Commerce has submitted its observations on the proposed Protection of the State from Terrorism Act (PSTA) and is in the process of finalising its views on the proposed Prevention of Organised Crime Act, which will be communicated to the relevant authorities shortly. Whilst recognising the Government’s efforts to strengthen national security […]

Lanka Business Online
2026-10-29 08:32 UTClankabusinessonline.com
10
LA
World

Esna Holidays acquires Mackinnons Travels from John Keells Holdings

Esna Holidays, a leading and well established name in the travel industry, has acquired Mackinnons Travels from John Keells Holdings PLC. With a history spanning 55 years, Mackinnons Travels is among Sri Lanka’s longest-established and most respected travel management companies, with a distinguished heritage in the country’s tourism and travel industry. Mackinnons Travels is […]

Lanka Business Online
2026-10-29 03:38 UTClankabusinessonline.com
11
LA
WorldAsia

Sri Lanka invites Indian businesses to partner in its next phase of economic growth

Sri Lanka’s transition from economic stabilisation to sustainable growth, opportunities for Indian investment and the potential to build stronger partnerships in industry, technology and entrepreneurship were the key themes of the visit of Hon. Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development of Sri Lanka, to New Delhi from 22 to 23 October 2026. […]

Lanka Business Online
2026-10-28 14:53 UTClankabusinessonline.com
12
WorldThailand

AirAsia Restores Frequencies on the Colombo–Bangkok and Colombo–Kuala Lumpur Routes

AirAsia continues to strengthen connectivity between Sri Lanka and Southeast Asia by restoring frequencies on its Colombo (CMB) – Kuala Lumpur (KUL) and Colombo (CMB) – Bangkok (Don Mueang – DMK) routes for the Winter 2026/27 season, from 01 November 2026. The restored schedule provides travellers even greater flexibility and choice when planning their trips. […]

Lanka Business Online
2026-10-28 09:17 UTClankabusinessonline.com
13
LA
World

28th Presidential Export Awards Ceremony to be held at BMICH on December 08

The 28th Presidential Export Awards 2026, organized by the Sri Lanka Export Development Board (EDB), will be held on Tuesday, 08 December 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of His Excellency Anura Kumara Dissanayake, President of the Democratic Socialist Republic of Sri Lanka. A media briefing on the event […]

Lanka Business Online
2026-10-28 08:21 UTClankabusinessonline.com
14
LA
World

Sri Lanka and Türkiye Sign MoU to Strengthen Agricultural Cooperation

Sri Lanka and Türkiye signed two important bilateral instruments on 27 October 2026 in Ankara, marking a significant step towards further strengthening bilateral relations and expanding cooperation in the fields of agriculture and air transport. The signing of the two instruments took place during the official visit of Deputy Minister of Foreign Affairs and Foreign […]

Lanka Business Online
2026-10-28 08:15 UTClankabusinessonline.com
15
World

Apparel exports grow in September, but the year-to-date picture remains cautious: JAAF 

Sri Lanka’s apparel exports returned to growth in September 2026, an encouraging sign for the sector. Although the nine-month total is still behind last year, the Joint Apparel Association Forum (JAAF) sees the latest result as a positive step. Apparel exports for the month came to US$ 416.99 million, up 3.47% from US$ 403.01 million […]

Lanka Business Online
2026-10-28 04:39 UTClankabusinessonline.com