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Website title: Lanka Business Online – Sri Lanka business and economy news as it breaks

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Hambantota International Port (HIP) recently hosted the National Oil Spill Contingency Plan Workshop, bringing together nearly 100 representatives from key public and private sector organizations to strengthen the district’s preparedness for marine oil spill incidents.

Conducted by the Marine Environment Protection Authority (MEPA) in line with Sri Lanka’s Natio...


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US President Donald Trump has signed a new Russia sanctions law that authorises Washington to impose tariffs of up to 100% on countries buying Russian oil and gas, with duties to be levied within 30 days on the top five importers and on new buyers after the law kicks in.

The bill targets Russia’s energy and defence sectors and its shadow fleet. India and China, as m...


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Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath concluded his official visit to Thailand from 14 to 16 September 2026, following an invitation from the Thai Minister of Labour Julapun Amornvivat.

During the two-day visit, Minister Herath and Thai Minister of Labour Amornvivat signed a Memorandum of Understanding (MoU) on Labour Cooper...


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CFA Institute, CFA Society Sri Lanka, employers and university partners at the industry–academia dialogue

CFA Society Sri Lanka recently hosted a high-level industry academia dialogue on “Developing the Next Generation of Finance and Investment Talent in Sri Lanka,” bringing together representatives from leading employers, partner universities, CFA Inst...


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For thirty years, Sri Lanka’s apparel industry has quietly powered the country’s export economy accounting for roughly 40% of merchandise export revenue and employing 300,000 to 350,000 people. That scale wasn’t accidental. It was built through deliberate government-industry planning dating back to the early 1990s.

The first transformation, anchored by the 200 Garme...


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