Sri Lanka to Formulate Inbound Labour Migration Policy to Regulate Foreign Workers

Sri Lanka to Formulate Inbound Labour Migration Policy to Regulate Foreign Workers

In a significant policy shift, Sri Lanka’s Cabinet has approved the formulation of an Inbound Labour Migration Policy to regulate foreign workers entering the country for employment. The decision was taken at the Cabinet meeting held on 18 May 2026 and published on 20 May 2026. The proposed policy aims to create a structured framework […]

Why Is the Sri Lankan Rupee Weakening in 2026? A Bloomberg Analysis

Why Is the Sri Lankan Rupee Weakening in 2026? A Bloomberg Analysis

The Sri Lankan rupee has emerged as Asia’s worst-performing currency this month, with its slide intensifying due to speculation of further weakening, according to Sri Lanka’s Deputy Minister of Finance Anil Jayantha Fernando. In an interview with Bloomberg, the minister highlighted that importers are aggressively buying dollars while exporters are delaying the conversion of their […]

Why Is the Sri Lankan Rupee Under Pressure in 2026? CBSL Governor Explains

Why Is the Sri Lankan Rupee Under Pressure in 2026? CBSL Governor Explains

Why is the Sri Lankan rupee under pressure in 2026? The Sri Lankan rupee has come under renewed pressure in 2026, weakening by around 4.8% year-to-date by mid-May, according to remarks attributed to CBSL Governor Dr. Nandalal Weerasinghe. However, the Governor has stressed that the current situation is not a repeat of the 2022 currency […]

Are Sri Lanka’s Agriculture Sector & Farmers Ready for Climate Change?

Are Sri Lanka’s Agriculture Sector & Farmers Ready for Climate Change?

Sri Lanka’s agriculture sector & farmers, the backbones of rural livelihoods and food security, stands at a critical crossroads. Climate change is no longer a distant threat, it is actively reshaping farming landscapes through erratic rainfall, prolonged droughts, intense floods, and rising temperatures. From devastating impacts of Cyclone Ditwah in late 2025 to recurring dry […]

Sharks International 2026: A Historic Milestone for Marine Conservation in Sri Lanka

Sharks International 2026: A Historic Milestone for Marine Conservation in Sri Lanka

Sri Lanka is set to host one of the world’s most prestigious marine science events in May 2026. Sharks International 2026, the largest global scientific conference dedicated to sharks, rays, and chimaeras (elasmobranchs), will take place in Colombo from 4 to 8 May 2026. Hosted by the Blue Resources Trust, this marks the first time […]