President pledges stronger investor safeguards and wider private-sector role in economic development

President Anura Kumara Dissanayake yesterday pledged stronger safeguards for investors and greater private-sector participation in infrastructure development and economic growth, outlining proposed reforms covering ports, logistics, energy, taxation and technology.…

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Nairobi Briefing Promotes Sri Lanka Expo and Business Partnerships

Sri Lanka’s High Commission in Nairobi held a briefing on Sri Lanka Expo 2027 on 25 September, bringing together approximately 180 participants to discuss trade and investment opportunities. The event…

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Cabinet clears Rs. 511.78 m contract for wastewater network at Batticaloa textile investment zone

The Cabinet of Ministers has approved awarding of a contract to build the internal wastewater collection network and pumping system at the Textile Manufacturing Investment Zone in the Punnai Kuda…

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Sri Lanka apparel export earnings drop by 7.4% in August

Earnings from Sri Lankan apparel exports declined by 7.4% in August 2026 compared to the corresponding month in the previous year. Central Bank of Sri Lanka export figures revealed that…

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CBSL warns of rising credit risks despite financial system stability

Sri Lanka’s financial system remained stable during the first half of 2026, supported by economic recovery, improved fiscal performance and…

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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…

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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…

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Roar Global completes landmark share buyback

Consolidates ownership to support long-term growth, marking major exit for BOV…

HNB happiness cards bring Avurudu value and rewards to cardholders

HNB PLC, has rolled out its Avurudu cardholder offering for March and…

NDB posts LKR 1.75 Bn PAT for 1Q, after adjusting financial impact of fraud

This financial results of the National Development Bank PLC (NDB)…

Mahogany Masterpieces unveils ‘An Ode to Grain’ – A celebration of material, craft and luxury

Mahogany Masterpieces, the premier manufacturer of handcrafted luxury furniture in…

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