Committee on Public Finance Focuses on Issues Related to the Gem and Jewellery Industry

The Committee on Public Finance of Parliament held extensive discussions on issues related to the gem and jewellery industry. These matters were discussed when the committee met in Parliament on 27.01.2026, under the chairmanship of Hon. Member of Parliament Dr. Harsha de Silva. The meeting was attended by Deputy Ministers Chathuranga Abeysinghe, Dr. Kaushalya Ariyaratne, and Nishantha Jayaweera, as well …

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Speaker endorses the certificate on the Colombo Port City Economic Commission (Amendment) Bill

Speaker (Dr.) Jagath Wickramaratne announced today (Jan. 21) in Parliament that he has endorsed the certificate on the Colombo Port City Economic Commission (Amendment) Bill, on 20.01.2026.  This Bill was presented to Parliament on 05.12.2025 and was taken up for debate and passed in Parliament on 07.01.2026.  The Colombo Port City Economic Commission (Amendment) Bill has been brought with the …

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UK GRANTS MAJOR TRADE ADVANTAGE TO SRI LANKA’S APPAREL SECTOR THROUGH LIBERALISED DCTS RULES

The United Kingdom remains one of Sri Lanka’s most important trading partners and is currently the second-largest export destination for Sri Lankan goods. In a significant move to strengthen trade relations with developing countries, the UK introduced the Developing Countries Trading Scheme (DCTS) with effect from 19 June 2023, granting preferential market access to 65 developing countries, including Sri Lanka. …

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Imported milk powder prices to be reduced

Importers have agreed to reduce the prices of imported milk powder from January 16, the Ministry of Trade, Commerce, Food Security and Cooperative Development said today. Accordingly, the price of a kilogram of imported milk powder will be reduced by Rs. 125, while a 400-gram packet will see a reduction of Rs. 50 from January 16. The Ministry said the …

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Proposal to bring all microfinance and credit-providing institutions under single regulatory authority opposed

Arrangements have been made to hold the inaugural ceremony of the national programme ‘Rebuilding Sri Lanka’, which has been introduced to effectively steer the country’s rebuilding process, on Tuesday, 13th January at the Lotus Hall of the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, under the patronage of President Anura Kumara Dissanayake. The programme is being implemented in response …

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Sri Lanka Expo 2026 International Trade Exhibition Officially Launched

The Sri Lanka Export Development Board officially announced today, January 9, the launch of an international exhibition titled “Sri Lanka Expo 2026” aimed at promoting Sri Lanka’s export potential and investment opportunities. The official website for the exhibition, www.srilankaexpo.lk, was also launched at the event, enabling local exhibitors and foreign buyers to register online. This international exhibition, scheduled for June 18–21, …

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Ministerial C.C. approves the Regulation under the Shop and Office Employees Act

Approval of the Ministerial Consultative Committee on Labour has been granted for the Regulation under Shop and Office Employees (Regulation of Employment and Remuneration) Act (Chapter 129), scheduled for debate in Parliament tomorrow (Jan. 9). This approval was granted at the meeting of the Committee held in Parliament on 2026.01.06, chaired by the Minister of Labour (Dr.) Anil Jayantha and …

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𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐌𝐚𝐧𝐚𝐠𝐞𝐫𝐬’ 𝐈𝐧𝐝𝐞𝐱 𝐟𝐨𝐫 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐑𝐞𝐦𝐚𝐢𝐧𝐬 𝐒𝐭𝐫𝐨𝐧𝐠 — 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐5

The Sri Lanka PMI for Construction increased to 66.2 in November 2025, signalling a continued expansion in construction activity, despite weather-related disruptions towards the end of the month. New orders remained in expansionary territory, supported by the increased availability of both private and government-funded projects. Employment and quantity of purchases recorded further increases, reflecting sustained optimism and positive momentum in …

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𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟓 𝐔𝐩𝐝𝐚𝐭: 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚’𝐬 𝐄𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐒𝐞𝐜𝐭𝐨𝐫 𝐒𝐡𝐨𝐰𝐬 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞

Total exports (goods & services) reached USD 18.8 bn, recording 4.9% YoY growth during Jan–Nov 2025, supported by steady performance in both merchandise and services exports. Merchandise exports grew 5.4% YoY in November, while services exports moderated amid softer tourism and transport earnings. Import expenditure rose sharply, with goods imports up 18.9% YoY in November, driven largely by vehicle imports, …

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