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EconomyNext is a news platform dedicated to delivering economic, financial, and political updates, primarily centered on Sri Lanka. It offers unbiased reporting, insightful analysis, and commentary on business, economic issues, and policies affecting both Sri Lanka and the global landscape.

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After Indian Air crash, Boeing officials in Sri Lanka to talk on operations

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Two Boeing official had a meeting with the Sri Lanka Civil Aviation and Colombo Airport Authority (CAASL) on the Boeing 777-9 operations at Bandaranaike International Airport, the Airport Authority said, a week after Boeing Dreamliner crash in India. More than 240 people were killed when an Air India Boeing 787-8 Dreamliner bound for London crashed moments after taking off from the city of Ahmedabad on June 12 in the world’s worst aviation disaster in a decade.
World Bank backs action plan for Sri Lanka’s policy on child day care centers

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – The World Bank Group will be partnering with Sri Lanka’s Ministry of Women and Child Affairs to provide technical assistance on designing a strategic action plan for the national policy on child day care centers to support the national efforts on child care, the multilateral lender said. The move will be supported by the World Bank’s International Finance Corporation’s (IFC) Facility for Investment Climate Advisory Services (FIAS) program.
China launches online visa process for Sri Lankans

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Chinese Embassy in Sri Lanka will officially launch the “China Visa Online Application System” from June 30, 2025, the embassy spokesman said. The spokesman in a statement explaining the new process said the applicants can visit the websitehttps://consular.mfa.gov.cn/VISA/ to fill out the visa application form online, upload the required documents, and the application will enter the preliminary review phase.
From sacking to praising; Sri Lanka outgoing FinMin Secretary retires after tough reforms

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – President Anura Kumara Dissanayake and his party threatened to sack him . But outgoing Finance Secretary Mahinda Siriwardena earned appreciation from the same leader who threatened to oust him after standing for tough reforms. Siriwardana retired from the post of Secretary to the Ministry of Finance and Treasury on Wednesday (18). He is expected to take up an alternative director post in Asian Development Bank (ADB).
Sri Lanka relocates embassy in Tehran, FM says attacks were near Tel Aviv mission

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Sri Lanka has temporarily closed down its embassy in Tehran in the face of attacks by Israel while attacks have been reported near its mission in Tel Aviv, Foreign Minister Vijitha Herath said. More than 20,000 Sri Lankans are living in Israel as expatriate workers while there are 35 Sri Lankans in Iran. Iran has retaliated to Israel’s Friday (13) attack with UAVs and ballistic missiles.
Sri Lanka to develop food security index

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Sri Lanka will introduce a country-specific Food Security Index within the next three months, aiming to better reflect the island nation’s unique food security landscape and address limitations of global indices, President Anura Kumara Dissanayake’s office said. The move comes amid international food indices such as Global Food Security Index (GFSI) have been criticized for failing to capture the nuances of the local context.
Sri Lanka’s bourse launches new measure to ensure safety, transparency

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange (CSE) will launch its new Central Counterparty (CCP) framework next month, marking a significant advancement in the evolution of the island nation’s capital market infrastructure, the course said. This new move is aimed at enhancing the safety, efficiency, and transparency of the market, ensuring the smooth settlement of trades.
Sri Lanka yet to decide on UN research vessel: Foreign Minister

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – The Sri Lankan government has not decided on allowing a United Nation-flagged research vessel into the island nation’s water, Foreign Minister Vijitha Herath said, amid repeated requests from the UN and top officials meeting the Minister.
Sri Lanka CenBank chief emphasizes on continuing reforms agreed with IMF

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, spoke at a conference in Sri Lanka’s capital Colombo, on the initial recovery from then nation’s first first external default.
Sri Lanka runs risk of losing FAO research vessels till 2030 over SOP delay

1 week ago | economynext.com | Shihar Aneez

ECONOMYNEXT – Sri Lanka will be deprived of key benefits in marine ecosystem research by the United Nations Food and Agriculture Organization (FAO) due to the government’s delay in formulating standard operating procedures (SOP) to handle foreign research vessels, sources in the government and UN said. The FAO has coordinated the deployment of the “Dr Fridtj of Nansen” (F.