The Colombo Port City Economic Commission approves 42 companies as AP’s
Port City Colombo, a multi-service Special Economic Zone (SEZ) and a regional financial centre and business hub, has made significant progress in capturing key …
Eshan Pieris: Ready to race towards glory at GT World Challenge ’24
Sri Lankan racing sensation Eshan Pieris is on the brink of a remarkable 2024 racing season. With a string of victories and a legacy that precedes him, Eshan …
CEAT Kelani launches 3 new radial tyre variants
Sri Lanka’s leading pneumatic tyre manufacturer CEAT-Kelani has introduced three new variants of high-performance radial tyres into the market, widening …
Despite strong growth, South Asia remains vulnerable to shocks: World Bank update
Growth in South Asia is expected to be strong at 6.0 percent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka. But …
Eshan Pieris: Sri Lankan racer set to take on Sepang 12 and GT World Challenge Asia 2024
Sri Lankan racing sensation Eshan Pieris is geared up for a remarkable 2024 racing season, kicking off with the highly anticipated 12 Hours of Sepang, followed …
Dhaka Chamber discusses economic cooperation with Sri Lanka HC
High Commissioner of Sri Lanka to Bangladesh Dharmapala Weerakkody accompanied by Counsellor / Commerce of the High Commission Srimali Jayarathne held a …
Ripples of difference: Empowering communities through sustainable water practices
In the rich tapestry of Sri Lanka's history, ancient civilizations developed hydraulic engineering systems over 2,000 years ago. Today, these reservoirs, …
ADB approves USD100 Mn Loan to support SMEs in Sri Lanka
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and …
Sunshine Holdings PLC announces new leadership appointments
Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) announced that Aruna Deepthikumara, Michelle Senanayake, Dr. T. Sayandhan and Shantha Bandara, who …
Powering the future: Innovations driving electric vehicle revolution
New Energy Vehicles (NEV) are no longer a futuristic vision; they're rapidly transforming the automotive landscape. This shift wouldn't be possible without …
Opinion: Tax-payers receive bill for SriLankan’s colossal losses: Advocata
The Minister of Aviation, Nimal Siripala de Silva, recently announced that the Government would take over 210 million in dollar loans and 41.4 billion in rupee …
SJB Parliamentarian Eran Wickramaratne resigns from COPE
COPE has been established to ensure the observance of financial discipline in Public Corporations and other Semi Governmental bodies in which the Government …
Ceylon Chamber calls for collaborative solutions on debt recovery framework
The Ceylon Chamber of Commerce is deeply concerned about the decision by the Cabinet of Ministers to temporarily suspend the parate execution law. While we …
CA Sri Lanka forum unites experts to explore solutions and debate challenges on SOE restructuring
Stepping up in its standing as the National Body of Accountants and as a leading professional body, the Institute of Chartered Accountants of Sri Lanka (CA Sri …
Fitch affirms Abans Finance at ‘BBB+(lka)’; Outlook remains negative
lbo.lk,lbo Fitch Ratings has affirmed Abans Finance PLC's National Long-Term Rating at 'BBB+(lka)'. The Outlook remains Negative. KEY RATING DRIVERS …
Sri Lankan experts call for increased focus on global trade to drive economic growth
The country can achieve significantly higher economic growth supported by international trade. Sri Lanka to deepen trade ties with South Asian …
New data show massive, wider-than-expected global gender gap: World Bank
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows. When legal …
Sri Lanka trade balance deteriorated by 3.6-pct in January 2024
The deficit in the merchandise trade account widened to US dollars 541 million in January 2024 from US dollars 445 million recorded in January 2023, mainly …
Sri Lanka headline inflation decelerates in February 2024 to 5.9-pct
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decelerated to 5.9% in February 2024 …
Sri Lanka Purchasing Managers’ Index for Construction indicates expansion in Jan
Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction) indicates an expansion in construction activities in January 2024, as reflected …