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Govt. to deploy Commonwealth Meridian public debt management system
Daily FT
|August 28, 2025
THE Commonwealth Secretariat yesterday said Sri Lanka will begin using its Commonwealth Meridian public debt management software from next month as part of its economic recovery plan.
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The decision to adopt a new system follows recommendations from the International Monetary Fund (IMF) and World Bank to establish a Public Debt Management Office.
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Daily FT
Ditwah floods 20% of Sri Lanka, triggers 1,200 landslides, heightens food insecurity: UNDP
CYCLONE Ditwah inundated 1.1 million hectares, or about 20% of Sri Lanka's land area, and exposed 2.3 million people to flooding, according to new UNDP geospatial analysis that expands on earlier assessments of the country's worst flooding disaster in decades.
2 mins
December 10, 2025
Daily FT
People's Bank, UnionPay International to introduce national payment cards
Sign MoU to introduce co-branded payment cards Agreement also includes the expansion of UnionPay acceptance across People's Bank's merchant network
1 min
December 10, 2025
Daily FT
HNB Rs. 10 b Sustainable Bond Issue oversubscribed
HATTON National Bank PLC yesterday announced that its Sustainable Bond issue has been oversubscribed, after receiving applications exceeding Rs. 10 billion, prompting the bank to close the offer early at 4:30 p.m.
1 min
December 10, 2025
Daily FT
President thanks US for emergency support following Cyclone Ditwah
PRESIDENT Anura Kumara Dissanayake yesterday expressed his appreciation to US President Donald Trump for the emergency assistance extended to Sri Lanka in the aftermath of Cyclone Ditwah.
1 min
December 10, 2025
Daily FT
Secondary Bond market yields drop ahead of back-to-back auctions
THE secondary Bond market yesterday saw activity and transaction volumes increase marking a shift in tone following a spell of defensive trading following Cyclone Ditwah seen in recent sessions.
2 mins
December 10, 2025
Daily FT
UN allocates $ 4.5 m from its global emergency fund to support Sri Lankans affected by Cyclone Ditwah
THE United Nations has allocated $ 4.5 million (Rs. 1.38 billion) from the Central Emergency Response Fund (CERF) to strengthen Sri Lanka's response to Cyclone Ditwah, which made landfall on 28 November.
1 min
December 10, 2025
Daily FT
Sri Lanka must prioritise sustainable destination management as global tourism trends shift: Expert
INTREPID Travel Asia-Australia Managing Director Natalie Kidd said Sri Lanka must urgently decide the kind of tourism future it wants and embed strong systems of sustainable destination management if it is to protect its natural assets, strengthen competitiveness and fully capitalise on rising global demand.
3 mins
December 10, 2025
Daily FT
Bandaranaike Foundation donates Rs. 250 m for disaster relief
THE Bandaranaike Memorial National Foundation, headed by former President Chandrika Bandaranaike Kumaratunga has contributed Rs. 250 million to the Government fund established to support recovery and resettlement of communities affected by recent disasters.
1 min
December 10, 2025
Daily FT
External debt up $ 100 m QoQ to $ 37.2 b by end Sept.
THE external debt stock reached $ 37,238 million at end-September 2025, rising $ 100 million from the previous quarter, according to the Public Debt Management Office’s latest Quarterly Debt Bulletin.
2 mins
December 10, 2025
Daily FT
CoPF endorses Rs. 50 b supplementary allocation for disaster relief
Funding to come from Consolidated Fund, other State-held finances, or loans secured at discretion of Govt. for use this year CoPF also approves regulations issued under Section 71 of Value Added Tax Act Clears NMRA regulations, reviews 2026 Audit workload
2 mins
December 10, 2025
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