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 […]
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 […]
Osaka, Japan – October 2025At the World Expo 2025 in Osaka, Sri Lanka made a remarkable showcase of its tourism and business potential, integrating cultural promotion with trade and investment opportunities. The country’s pavilion not only highlighted its export industries but also positioned tourism as a strategic driver of economic growth. Key Highlights: Strategic Significance: […]
