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AKD says IMF not external partner but integral element of SL's economic progress

Daily FT

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October 08, 2025

Meets IMF delegation in 5th mid-point review; 6th tranche under EFF program due in Dec.

PRESIDENT Anura Kumara Disanayake yesterday said that the International Monetary Fund (IMF) remains a vital partner in Sri Lanka's accelerated journey from crisis to recovery, and that the Government regards its support not merely as external assistance, but as an integral element of its comprehensive strategy for sustainable economic progress.

This is according to statement issued by the President's Media Division yesterday.

Speaking at the fifth mid-point review meeting yesterday at the Presidential Secretariat with an IMF delegation, the President said that the Government's reform agenda focused on long-term stability, inclusive growth, and investor confidence.

The sixth tranche of the IMF Extended Fund Facility is scheduled for release in December.

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Daily FT

Registration of Ditwah-hit businesses for Rs. 200,000 relief extended to 16 Jan.

THE Industry and Entrepreneurship Development Ministry said business registration for export, manufacturing, and other enterprises affected by Cyclone Ditwah has resumed under a second phase and will be extended until 16 January.

time to read

1 min

January 06, 2026

Daily FT

SSC to illuminate sky during Men’s T20 World Cup 2026

SRI Lanka Cricket yesterday conducted a media tour of the SSC grounds in a bid to create public awareness about the latest development taking place at the ground, focusing on the ICC Men's T20 World Cup 2026.

time to read

1 min

January 06, 2026

Daily FT

Tourism arrivals grow by 15% to 2.36 m record high in 2025

■ Dec. delivers strongest monthly performance in history with 258,928 arrivals, up 4.2% YoY ■ India remains top source market with 531,511 visitors or 27% of total arrivals, followed by UK and Russia ■ Tourism Minister Vijitha Herath says earnings surpass $ 3.2 b despite lower per-day spending estimates ■ Targets minimum 3 m arrivals in 2026 ■ Assures roll-out of visa-free scheme in 1Q and unified national brand this year

time to read

3 mins

January 06, 2026

Daily FT

Hatch Fund Singapore makes first investment in Cultive8, a globally scaling agri-tech startup

HATCH Fund Singapore has announced the completion of its first investment backing Cultive8, a fast-growing agri-technology startup with Sri Lankan roots and a rapidly expanding regional footprint.

time to read

2 mins

January 06, 2026

Daily FT

United Southern SC lose ground after defeat

UNITED Southern SC who were pursuing leaders SSC in the Tier B 3-day league tournament lost ground when they were beaten by Negombo CC in their match concluded at the Air Force grounds, Katunayake yesterday.

time to read

1 min

January 06, 2026

Daily FT

Ceypetco revises fuel prices from midnight

THE Ceylon Petroleum Corporation (Ceypetco) has announced a revision of fuel prices with effect from last night.

time to read

1 min

January 06, 2026

Daily FT

President makes push for efficient capital spending to drive growth

Instructs Ministry Secretaries to ensure optimal utilisation of 2026 Budget allocations Hints at expenditure remaining within 13% of GDP limit, with 4% allocated for capital expenditure Notes Rs. 1.4 t allocated in 2026 Budget for capital spending, in addition to Rs. 500 b supplementary allocation for Ditwah relief

time to read

1 mins

January 06, 2026

Daily FT

CT Smith says 2025 record-breaking year for CSE fuelled by retail interest

LEADING stockbroking firm CT Smith Securities has said that the Colombo bourse closed positively in 2025, with both benchmark indices reaching record highs, primarily driven by retail interest.

time to read

1 min

January 06, 2026

Daily FT

Digital Motor Insurance Card launch tomorrow

Digital governance and public security initiative by IRCSL and insurance industry

time to read

2 mins

January 06, 2026

Daily FT

Sri Lanka-US trade talks still on: Minister

Foreign Affairs Minister Vijitha Herath says 95% of trade talks done, with negotiations still ongoing Notes Finance and Trade Ministries lead negotiations facilitated by Foreign Ministry

time to read

2 mins

January 06, 2026

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