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 ...

Sri Lankan drone startup Scouts closes investment round at LKR 1.6Bn valuation, gearing up to take on regional intelligent robotics market ...

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 ...

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 ...