28th AGM

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The Sri Lanka Ports Authority (SLPA) has recorded a significant 66% increase in profits

The Sri Lanka Ports Authority (SLPA) has recorded a significant 66% increase in profits during the first six months of 2025 compared to the same period last year

Sri Lanka’s apparel exports grew by 5.2% in June 2025 compared to the same month last year, with notable gains in the EU (+23.1%) and UK (+20.4%) markets, offsetting declines in the USA (-5.7%) and other regions (-9.3%).

Sri Lanka’s export sector has shown strong momentum in the first half of 2025, with total earnings reaching USD 8.33 billion, marking a 6.7% increase compared to the same period in 2024, according to the Export Development Board (EDB). The growth reflects notable progress across both merchandise and services exports, with June alone contributing USD 1.46 billion, an 8.73% year-on-year increase. Merchandise exports in June 2025 rose by 6.85%, totaling USD 1.15 billion. From January to June, merchandise exports reached USD 6.5 billion, up 5.86% from the previous year.Services exports for June were estimated at USD 309.61 million, a 16.38% increase. Overall services exports for the first half of 2025 are estimated at USD 1.8

A groundbreaking development for Sri Lanka’s property sector

A groundbreaking development for Sri Lanka’s property sector, Real Estate Academy has officially launched the nation’s first fully online Certificate and Diploma programs in Real Estate, setting a new benchmark in professional real estate education

“A” grade in Global Finance’s 2025 Central Banker Report Cards.

Dr. P Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has once again been recognized on the global stage, receiving an “A” grade in Global Finance’s 2025 Central Banker Report Cards. 🇱🇰 This marks the third consecutive year that Dr. Weerasinghe has earned the prestigious honor, underscoring his consistent leadership and strategic acumen in navigating Sri Lanka’s economic challenges. The “A” grade reflects exceptional performance across key areas including inflation control, currency stability, interest rate management, economic growth, and political independence. Global Finance’s annual report evaluates central bank governors from over 100 countries, making this recognition a significant testament to Dr. Weerasinghe’s impact. This accolade not only highlights the Governor’s personal achievements but also reinforces the Central Bank of Sri Lanka’s commitment to fostering economic stability and resilience. Under his stewardship, the institution has played a pivotal role in steering the country through turbulent financial times, maintaining investor confidence and laying the groundwork for sustainable growth.

EDB reports that the highest monthly export earnings recorded in July 2025

The Sri Lanka Export Development Board (EDB) reports that the highest monthly export earnings recorded in the country were achieved in July. 🇱🇰 EDB Chairman Mangala Wijesinghe stated that export earnings rose to USD 1,641 million during the month of July. He made this announcement while addressing a media briefing organized by the Government Information Department. “This marks the highest monthly export growth Sri Lanka has ever achieved. Export income from the goods sector increased to USD 1,304 million, showing a 15.37% growth compared to last year. The services sector earned USD 337 million in export income. We’ve seen significant growth in apparel, tea, coconut-based products, processed foods, jewellery, vegetables, and fruits. In the services sector, transport showed a notable 14% increase in export earnings. The United States remains our largest export destination, with over USD 275 million in exports. Germany saw a 57% increase. We also observed remarkable growth in export income to countries like Italy, India, and Australia during July,” he said.

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