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📰 Sri Lanka Removes ETA Requirement for Tourists — A New Era for Travel Freedom

Sri Lanka has taken a bold step toward revitalizing its tourism industry by officially removing the Electronic Travel Authorisation (ETA) requirement for most international visitors. The announcement, effective from October 31, 2025, marks the beginning of a new era of travel freedom, making it easier than ever for travelers to experience the island’s breathtaking beauty […]

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Business Tips & Advice Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Secures $347 Million IMF Tranche Under Extended Fund Facility  

Colombo, October 2025 —Sri Lanka has reached a staff-level agreement with the International Monetary Fund (IMF) for the release of a US$347 million tranche, marking a crucial milestone in the island’s macroeconomic stabilization journey under the Extended Fund Facility (EFF). This marks the fifth review since the program began in 2023, bringing total disbursements to […]

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HSBC Exits Sri Lanka’s Retail Banking, Nations Trust Bank to Acquire Operations

Colombo, September 2025 —In a landmark move reshaping Sri Lanka’s financial sector, HSBC announced the sale of its retail banking business to Nations Trust Bank (NTB). The deal, expected to complete in early 2026, will transfer HSBC’s personal banking portfolio — including deposits, loans, and credit cards — to NTB, one of the country’s fastest-growing […]

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