Pan Asia Bank part-finances Sri Lankan govt’s 10 MW battery storage facility in Galle
KC Maderia Pan Asia Bank has provided part-financing for a 10 MW/40 MWh battery energy storage system (BESS) in Galle,…
Sri Lanka
Sri Lanka faces growing shadow economy challenges despite recovery efforts
Maybelene Marcelino Sri Lanka continues to recover from its worst economic crisis, but new data suggest informal activity and corruption…
Skills training programme to benefit over 100,000 Sri Lankans
A new skills training programme approved by the Sri Lankan government is expected to benefit more than 100,000…
Sri Lanka warns global order fraying, urges humanity over destruction
Sri Lanka has issued a stark warning that the international rules‑based order is deteriorating, with rising conflict and…
Sri Lanka government remains committed to raising income tax-free threshold to LKR200,000
Economic Development Deputy Minister Nishantha Jayaweera informed Parliament that the government of Sri Lanka is still committed to…
Sri Lanka pursues deeper ocean co-operation with China and South Asia
Sri Lanka has signalled its commitment to strengthening long-term practical co-operation with China and South Asian nations across…
Colombo Port targets 1.5m TEU capacity boost as volumes rise
The Sri Lanka Ports Authority (SLPA) is targeting an additional 1.5 million 20-foot equivalent units (TEUs) of container-handling…
Sri Lanka clinch semi-final spot in Women’s Asia Cup thriller
Sri Lanka stamped their ticket to the Women's Asia Cup semi-finals on Sunday, surviving a fierce late scare…
Sri Lanka tourism faces $3.5bn revenue gap as growth trails government target
The tourism industry in Sri Lanka is expected to fall well short of the government's ambitious revenue targets,…
Sri Lanka launches international licensing for offshore energy blocks
Sri Lanka has officially launched a fresh round of offshore petroleum licensing, inviting international energy firms to bid…
Sri Lanka sets sights on Australian standards of prosperity and liberty
Sri Lanka aims to achieve the same levels of personal freedom, legal fairness, and economic opportunity found in…
Sri Lanka’s SEC, CSE to hold multiple forums in Australia from August 17-20 to attract investors
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), together with the…
Food, transport costs drive significant price surge in Sri Lanka
Sri Lanka's latest inflation surge is being fuelled by steep increases in everyday essentials, with household budgets stretched…
SLPP’s Rajapaksa calls for prison system reform following Mahara riot
James Mario Ajero Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa has called on the government to address what he described…
Cricket news: England’s Harry Brook apologises for Wellington incident, shifts focus to Sri Lanka tour
Michael Davey England white-ball captain Harry Brook has apologised for his altercation with a nightclub bouncer on the eve of…
World Bank hails Sri Lanka’s recovery as among the fastest in history
Sri Lanka's economic recovery has defied expectations, according to the World Bank, which has stated that the island's…
Sri Lanka bets on casino industry to bolster tourism efforts
As Sri Lanka seeks to diversify its sources of foreign inflows, the casino sector has emerged as a…
UK liberalises Sri Lankan garment exports entering its territories
Sri Lankan garment exporters recorded a massive win as the United Kingdom moved to relax import duties on…
UK plant’s abrupt closure undermines Sri Lanka’s economy, state labour experts
The sudden move of a United Kingdom-based garment manufacturer to close one of its production plants in Sri…
Sri Lanka empowers women with new Uber feature
Hazel Camba Sri Lanka is ramping up efforts to empower women by launching different inclusive initiatives that expand their opportunities…