CII delegation explore more industrial and investment cooperation between Sri Lanka and India
A high-level business delegation from the Confederation of Indian Industry (CII) met with Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, on Tuesday (October 13) in Colombo to explore…
Colombo tourism needs stronger global marketing push
Colombo needs stronger international marketing and better connectivity with key source markets to attract more foreign tourists, General Manager of Cinnamon Life at City of Dreams and Senior Vice President…
IMF urges China to deploy bigger fiscal stimulus
China must deliver bigger fiscal stimulus as its economy teeters on deflation, a senior International Monetary Fund official said on Thursday. "We welcome the fiscal support China has provided to…
President keeps door open to fresh IMF deal
President Anura Kumara Dissanayake yesterday said Sri Lanka was open to entering a fresh International Monetary Fund (IMF) program after its current arrangement ends, but stressed that no decision had…
Manufacturing, services PMI stay in expansion zone in September
The country’s manufacturing and services sectors in September have expanded, as per the Purchasing Managers’ Index (PMI), its compiler the…
Highlight Stories
CMTA and Sudath Perera Associates address legal action to combat fake spare parts.
The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, and Sudath Perera Associates, one of…
Global Stock Markets Plunge Amid Fears of U.S. Economic Slowdown
Global stock markets experienced a significant sell-off on Monday, August 5, 2024, as fears mounted that the U.S. economy is…
Technomedics shines among The Best Workplaces in Asia 2026
Technomedics International (Pvt) Ltd has achieved a significant milestone in…
People’s Bank relocates Vaharai Service Centre
People’s Bank relocated its Vaharai Service Centre, further strengthening its…
Construction increased in November 2025
The Sri Lanka Purchasing Managers’ Index for Construction (PMI –…
$𝟐𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐮𝐬𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐖𝐨𝐫𝐥𝐝 𝐁𝐚𝐧𝐤 𝐭𝐨 𝐟𝐮𝐧𝐝 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐢𝐧 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚.
The World Bank intends to invest $200 million in three…
