ECONOMYNEXT – India’s Minister of Defence Rajnath Singh ‘will hold consultations with the leadership of Sri Lanka’ on his three-day visit to the island nation, the ministry said.

“During the visit, Raksha Mantri will hold consultations with the leadership of Sri Lanka on a range of issues and interact with the Indian diaspora in Colombo.”

Singh is due to visit Sri Lanka from September 8 to 10 with a high-level delegation comprising senior officials from the Ministry of Defence and the Ministry of External Affairs.

“Raksha Mantri’s visit to Sri Lanka will further strengthen the traditionally strong and friendly bilateral relations in mutually beneficial areas including a strong maritime & defence partnership.”

Singh‘s visit is the first by an Indian Defence Minister in nearly 4 decades, after 1988, when K C Pant visited under Prime Minister Rajiv Gandhi’s administration.

Defence cooperation, possible collaboration in air-defence systems, and a review of ongoing security engagements are on the agenda, Indian media said. (Colombo/Sep7/2026)

ECONOMYNEXT – Sri Lanka has signed agreements with the French media development agency, Canal France International (CFI), backed by the European Union-funded Green Recovery Facility programme, to strengthen the reporting of environmental, climate, and economic stories across the country.

“This initiative provides an opportunity for journalists to broaden this coverage by exploring a wider range of environmental issues, including climate finance, green investment, sustainable development, biodiversity, and the policy and economic dimensions of the green transition,” the EU Delegation to Sri Lanka said.

The programme will support journalists in strengthening their technical and investigative skills to explore these issues in greater depth and produce sustained, evidence-based reporting.

Participants will be equipped with tools to analyse complex climate finance issues, examine public policies, and follow the flow and impact of green investments.

“By empowering reporters to translate highly technical financial and governance concepts into accessible public-interest narratives, this project ensures that everyday citizens understand how green policies impact their livelihoods, energy prices, and communities.

“It aims to mainstream the lens of ‘just transition’ and gender equity by encouraging the voices and perspectives of women and vulnerable populations to be heard, considered, and taken into account in the national environmental discourse.”

Implemented by Expertise France (EF), with Canal France International (CFI), the Sri Lanka Press Institute (SLPI), and the Ministry of Mass Media, it moves beyond traditional classroom-based learning.

Key highlights of the initiative include:

– Trilingual Foundation Training: Intensive capacity building for 60 journalists across Sinhala, Tamil, and English media to ensure nationwide reach and inclusivity.
– Mentored “Story Labs”: The rollout of six intensive Story Labs where journalists will receive direct editorial mentoring to investigate, produce, and publish high-quality, data-driven green transition stories
– Youth Outreach: Engaging journalism students and young media practitioners through university and youth activities to develop stories on green transition and public policy issues.
– Learning and Sharing Networking Event: Bringing together journalists, experts, policymakers, and key stakeholders to share learning, showcase stories produced through the programme, reflect on knowledge gained, and develop future story ideas on green transition issues.

“This initiative aims to strengthen the role of Sri Lankan media as a vital catalyst for informed public dialogue, enabling journalists to engage the public as the nation advances its sustainable economic recovery.”

Environmental journalism in Sri Lanka has traditionally given attention to natural disasters and their impacts. (Colombo/Sep7/2026)

ECONOMYNEXT – Sri Lanka has signed an agreement with the UNDP for a five-year, 4.507 million dollar conservation project funded by the Global Environment Facility (GEF).

The projects aims to promote sustainable economic benefits through the conservation of critical biodiversity and ecosystem services in the Eastern and Southern coastal regions of Sri Lanka.

It will strengthen biodiversity conservation, ecosystem resilience, and nature-based economic opportunities across the Ampara, Batticaloa, and Hambantota districts.

Key focus areas:
– Strengthening governance & institutional capacity for landscape/seascape management
– Improving financing for nature-based solutions
– Demonstrating ecosystem-based management in coastal areas
– Advancing awareness, knowledge, and gender mainstreaming
– Strengthening monitoring & evaluation for sustainable impact

“Through a community-focused, multi-sectoral approach, this project will help safeguard Sri Lanka’s terrestrial, coastal, and marine ecosystems while building climate resilience and sustainable livelihoods for coastal communities,” the UNDP said.

The agreement was signed by K R Uduwawala, Secretary to the Ministry of Environment, and Azusa Kubota, UNDP Resident Representative in Sri Lanka, with Mohan Heenatigala, Director of Biodiversity (MOE), and other UNDP representatives in attendance. (Colombo/Sep7/2026)

ECONOMYNEXT – Sun Siyam Pasikudah is looking to capitalize on wellness travel after Sri Lanka was named the world’s top trending wellness travel destination for the year, recording a 100 percent surge in global demand according to the State of Retreats 2026 Report by BookRetreats.com, as highlighted by TimeOut Asia.

Among the platform’s tracked destinations, Sri Lanka posted the highest year on year growth in wellness travel interest anywhere in the world.

A survey of 1,040 American travellers found that 49 percent plan to spend on wellness retreats in 2026, ranking the category above spa treatments, supplements and even gym memberships.

The Global Wellness Institute projects the global wellness tourism industry will reach 1.4 trillion US dollars by 2027.

Part of the Sun Siyam Privé Collection, the Sun Siyam Pasikudah resort has 34 suites, spread across garden and beachfront pavilions.

Outdoor bathrooms open onto private plunge pools. Terraces face a coral reef that sits just offshore, close enough that guests can be snorkelling above it within minutes of leaving their room.

Pasikudah, on the east coast, has none of the density of Sri Lanka’s more established southern beaches, better known to divers and marine biologists than to holiday planners.

“What makes the property a genuine wellness address, though, is less about amenity and more about rhythm. Days here are shaped around the coast rather than a schedule,” the company said.

Ayurvedic treatments at the resort’s boutique spa are built for restoration rather than indulgence, drawing on the same doctor led traditions that have put Sri Lanka on the global wellness map.

The Ayurvedic journey begins with a consultation with the resident doctor, before moving into rituals such as hot oil hair treatments, ayurvedic hand massages and herbal soaks, alongside therapeutic options like lymphatic drainage and Thai massage, and nurturing body wraps that range from a cooling aloe vera application to a coffee scrub, the company said.

Guests can extend the experience through the spa’s hydrotherapy area, steam room, sauna and plunge pools, included with any treatment booked.

Sun Siyam Pasikudah’s guest experience includes cooking sessions with the resort’s chefs where guests work alongside local cooks to build coconut based curries from scratch, learning to balance spice, acidity and richness. (Colombo/Sep7/2026)

ECONOMYNEXT – Sri Lanka’s bourse opened the week in green with the main All Share Price Index moving up 0.17 percent in early trading.

The ASPI was up 36.73 points at 21,657.17; while the S&P SL20 was up 0.54 percent, or 32.73 points, at 6,091.65.

Market turnover was 446 million rupees.

Standard Capital, Softlogic Holdings, Kelsey Developments, Hela Apparel Holdings, Nation Lanka Finance, Blue Diamonds Jewellery, Bimputh Lanka Investments, Asia Capital and Anilana Hotels and Properties remained in the watchlist for non-submission of annual reports for the year ended 31st March 2026.

Greentech Energy, Laugfs Gas, Exterminators, Janashakthi Finance, Tess Agro, Eastern Merchants, Lake House Printers and Publishers, Industrial Asphalts, were transferred to the watchlist for non-submission of annual reports for the year ended 31st March 2026.

Top positive contributors to the ASPI were Dialog Axiata (up 50 cents at 49 rupees), HNB (up 2 rupees at 382), Commercial Bank (1 rupee at 206), Access Engineering (up 1.40 rupees at 80.50) and ACL Cables (up 1.90 rupees at 97.80).

Top negative contributors were Haycarb (down 6.50 rupees at 212), Colombo Dockyard (down 1 rupee at 125.25), John Keells Holdings (flat at 19.60), Browns Investments (down 10 cents at 5.20 rupees), and Ceylon Cold Stores (down 1.50 at 126 rupees). (Colombo/Sep7/2026)

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 328.20/40 to the US dollar in the spot market on Monday, while bond yields were steady, dealers said.

A bond maturing on 15.02.2028 was quoted at 9.95/10.10 percent.

A bond maturing on 01.07.2028 was quoted at 10.05/15 percent.

A bond maturing on 15.10.2029 was quoted at 10.32/42 percent.

A bond maturing on 15.12.2029 was quoted at 10.35/45 percent.

A bond maturing on 01.08.2030 was quoted at 10.65/75 percent.

A bond maturing on 15.10.2030 was quoted at 10.70/80 percent.

A bond maturing on 15.12.2032 was quoted at 11.10/20 percent.

A bond maturing on 01.06.2033 was quoted at 11.42/50 percent.

A bond maturing on 01.11.2033 was quoted at 11.50/60 percent.

A bond maturing on 15.10.2034 was quoted at 11.70/80 percent.

A bond maturing on 15.08.2036 was quoted at 11.85/95 percent.

The telegraphic transfer rate for the dollar was 323.8000 buying 332.8000 selling; euro was 373.5165 buying, 387.2973 selling; and pound was 436.3610 buying, 450.4694 selling.

On the Colombo Stock Exchange the All Share Price Index was up 0.28 percent, or 60.79 points, at 21,681; the S&P SL20 was up 0.39 percent, 23.37 points, at 6,082. (Colombo/Sep7/2026)