In a major move to transition Sri Lanka from economic stabilization to long-term development, the World Bank’s Board of Executive Directors has approved US$150 million in financing to back the country ...
Sri Lanka’s inflation problem isn’t going away anytime soon. June’s headline number came in at 6.8% year-on-year, up from 5.5% in May, and the drivers are exactly what most people already feel when ...
A key priority going forward will be expanding its footprint in the Indian market, leveraging MDL’s strong industry linkages. Colombo Dockyard is targeting deeper engagement with major Indian maritime ...
Scouts, Sri Lanka’s pioneering intelligent drone and robotics company, has closed a funding round at a valuation of LKR 1.6 billion. In a market that has historically exported its engineering talent ...
Sri Lanka’s economic recovery, hard-won through years of painful reform, is now facing its next real test and the IMF’s latest visit makes clear that the country’s ability to hold steady will depend ...
Janathakshan GTE Ltd, with funding support from The Coca-Cola Foundation, has successfully concluded the project “Strengthening Women and Youth Engagement in Informal Waste Management in Sri Lanka ...
Accelerating reforms in state-owned enterprises and ensuring energy prices reflect cost-recovery are essential to reducing fiscal risks, according to the IMF Staff Mission at the conclusion of its ...
Mr. Harsha Amarasekera, Chairman and Mr. Sanjaya Gunawardana, Managing Director/Chief Executive Officer of Sampath Bank PLC presents a token of appreciation to Dr. Parakrama Dissanayake, Advisor to ...
LAWASIA, the Law Association for Asia and the Pacific, has officially voiced grave concerns over the Sri Lankan government’s proposed constitutional amendment aimed at extending the retirement age of ...
The Bar Association of Sri Lanka (BASL) has officially distanced itself from recent media reports suggesting it made legal representations on behalf of an attorney-at-law arrested by bribery ...
Sri Lanka’s export sector has sustained its resilience, with total exports exceeding US$ 7.3 billion in the first five months of 2026. Combined merchandise and services exports were estimated at US$ 7 ...
The International Finance Corporation (IFC), a member of the World Bank Group, is supporting New Anthony’s Farm Group (NAF) to expand operations, strengthen efficiency, create jobs and enhance rural ...
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