October 8, 2026
3 developments
IMF reaches staff-level agreement on seventh review
The deal unlocks SDR254 million (about $345 million), subject to board approval and presentation of the 2027 budget.
Hambantota passes 1 million TEU
Cumulative throughput crossed the mark after 574,196 TEU in 2026 to date, with Phase II expansion under way.
China's appeal erodes
Carnegie cited the modest Cyclone Ditwah response and Beijing's 2022 non-support as drags on its standing in Colombo.