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Opinion: Untold Lessons – Economic Insights from History for Sri Lanka’s Crisis

by M. Rizwan Muzzammil With a new government in power, Sri Lanka finds itself grappling with immense economic challenges. The burden of enormous …

Chinese People’s Liberation Army Navy hospital ship ‘Peace Ark’ arrives in Colombo

The Chinese People’s Liberation Army Navy hospital ship ‘Peace Ark’ arrived in Colombo on a formal visit on 21st December 2024. The visiting …

Fitch Upgrades Sri Lanka to ‘CCC+’ from Restricted Default

Fitch Ratings has upgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+', from 'RD' (Restricted Default). Fitch …

Sri Lanka to Establish Doppler Weather Radar at Puttalam with JICA Funding

Sri Lanka is set to establish a Doppler weather radar in Puttalam, thanks to funding from the Japan International Cooperation Agency (JICA). This …

CSE announces changes to S&P Sri Lanka 20 index constituents

The Colombo Stock Exchange (CSE) announces the following changes to the S&P Sri Lanka 20 index constituents as part of the 2024 Year-End …

Sri Lanka’s first 12-hour endurance karting championship concluded at SpeedBay!

The much-anticipated SpeedBay 12-Hour Endurance Karting Championship 2024 was held for the first time in Sri Lanka last Saturday (October 19) at …

NSBM opens doors for public in Jan 2025

NSBM Open Day’ for January 2025 Intake at NSBM Green University organized under the theme of “Experience the Splendour of a Green University” …

USD 25 Mn Project at Hambantota International Port’s Industrial Park

Following Hambantota Port Group’s (HIPG) recent investment in upgrading crane facilities to expand container operations at the Hambantota …

Asian Development Bank extends USD 150 mn line of credit to CEB

Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on 19th December 2024, for ADB to provide a loan of $150 million …

Twinery leads Sri Lankan innovation as it celebrates 100 granted patents

Traditionally recognized in the fields of agriculture and tourism, Sri Lanka has often been overlooked as a hub for technological innovation. …

Worklenz: Empowering Sri Lankan Businesses with Open-Source Innovation

Sri Lanka's technology sector is rapidly evolving, with a notable shift toward open-source solutions that provide businesses with cost-effective, …

India-SL Partnership to Drive Digital Transformation: Strategic & Timely Move – Colombo Chamber of Commerce

The Colombo Chamber of Commerce commends President Anura Kumara Dissanayake’s recent official visit to India, describing it as a significant step …

Sri Lanka and India Exchange Protocol to Revise Agreement on Avoidance of Double Taxation

In a step towards enhancing economic cooperation, the Protocol for amending the Agreement on the Avoidance of Double Taxation was exchanged during …

27 victims of human trafficking rescued from Myanmar repatriated to Sri Lanka

The Ministry of Foreign Affairs, Foreign Employment, and Tourism, in coordination with Sri Lanka Missions in Myanmar and Thailand, successfully …

Sri Lanka’s GDP Growth at 5.5-pct in Q3 2024

Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the …

Vision Care Celebrates Festive Season with Exclusive Discounts on Designer Sunglasses

Vision Care, Sri Lanka’s leading provider of vision, hearing, and eyewear solutions, is spreading joy this holiday season with an exclusive …

Sri Lanka Tourist Arrivals YoY Increased by 22-pct in November

Sri Lanka's tourism sector continues to show strong recovery and growth, as evidenced by a 21.6% year-on-year increase in foreign tourist arrivals …

Opinion: Breaking Free from Tradition – How Sri Lanka Can Forge an Innovative Future in Education

By Jithendra Antonio In a rapidly evolving landscape marked by relentless technological advancement, the education system of Sri Lanka faces a …

Sri Lanka Reports High Participation in ISB Exchange Offer, Aiming for 98-pct Conversion

Sri Lanka's Ministry of Finance has announced the successful expiration of its Consent Solicitation and Exchange Offer for International Sovereign …

Bill & Melinda Gates Foundation ready to extend support for government’s digitalization effort

The Bill & Melinda Gates Foundation has committed to expanding its initiatives in Sri Lanka.  As part of this commitment, the Bill & …

TISL Unveils Landmark Research on Private Sector Corruption Risks

Transparency International Sri Lanka (TISL) launched its 'Corruption Risk Mapping Research: A Study on Sri Lanka’s Private Sector' on December 12 …

Members Appointed to the Port City Economic Commission

President Anura Kumara Dissanayake has officially appointed members to the Port City Economic Commission.   The official letters of appointment …

President Anura Kumara Disanayaka to undertake a State Visit to India

President Anura Kumara Disanayaka will undertake a State Visit to India from 15-17 December 2024 at the invitation of the President of India, Smt. …

Ceylinco Cancer Centre unveils refurbished interiors

The Ceylinco Cancer Centre at Park Street, Colombo 2 recently completed a major refurbishment to offer a more comfortable and aesthetically-pleasing …