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New report details Sri Lanka's economic performance in Q2 2026
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Sri Lanka’s economy expanded by 4.2 per cent in the second quarter of 2026, slowing from the 5.0 per cent growth recorded during the same period last year. The latest economic data shows mixed performance across key sectors. Industrial activity grew 7.3 per cent and the services sector expanded 2.7 per cent, while agriculture contracted by 2.3 per
Sep 212 min read
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Sri Lanka current account returns to US$133m surplus after deficits
At AusNewsLanka, we aim to keep the Sri Lankan community informed with timely updates. Sri Lanka’s external current account returned to a US$133 million surplus in August 2026, after recording deficits for four consecutive months, according to the Central Bank of Sri Lanka (CBSL). The improvement was supported by stronger foreign currency inflows, particularly from Sri Lankan workers overseas. Workers’ remittances rose 10 per cent year-on-year to US$749 million in August, pro
19 minutes ago1 min read
Flooding and storms forecast across south-east Australia after dry spring
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. A major rain and storm system is moving across south-east Australia, with heavy rainfall and thunderstorms expected to increase the risk of flooding over the next 48 hours. The wet weather follows an exceptionally dry September. Melbourne recorded just 18mm of rain last month, but received about 20mm in only one hour on Thursday. More rain is expected as tropical moisture feeds into a slow-
1 hour ago2 min read
Sri Lanka and Australia strengthen strategic maritime cooperation
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Sri Lanka and Australia have concluded the sixth round of Senior Officials Talks and the fourth round of the Strategic Maritime Dialogue, with both sides agreeing to strengthen cooperation across several key areas. The talks were held in Colombo on September 21, 2026, according to Sri Lanka’s Foreign Ministry. The discussions were co-chaired by Sa
2 hours ago1 min read
Inflation expected to return to 5% target after Q2 2027
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Sri Lanka’s inflation rate is expected to remain around 8 per cent through the rest of 2026 and into early 2027 before gradually easing towards the Central Bank’s 5 per cent target after the second quarter of 2027. Central Bank Governor Nandalal Weerasinghe said inflation and other economic risks would continue to be closely monitored as domestic
1 day ago1 min read
Australia and New Zealand consider trial of passport-free travel
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Australia and New Zealand could move closer to passport-free travel, with New Zealand’s National Party proposing a trial if it returns to government. The proposed system would be introduced ahead of the 2028 ICC Men’s T20 World Cup, which Australia and New Zealand will jointly host. Under the plan, eligible travellers would submit their passport details and digital travel declaration throug
1 day ago2 min read
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