China pulls out of port project in Sri Lanka

COLOMBO: A Chinese state-owned firm has withdrawn from a $392 million joint venture to develop a major logistics hub at Sri Lanka’s main seaport, the key local partner said on…

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IMF ready to support Sri Lanka beyond current programme

The International Monetary Fund (IMF) has pledged continued support for Sri Lanka beyond the expiry of its current lending programme in March, while stressing that completing the remaining reviews and…

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We are not inflation nutters; SL not ready for sub-5% inflation target: CBSL

The Central Bank of Sri Lanka (CBSL) has ruled out a lower inflation target for now. It concluded that a goal below 5% would force a prolonged period of tight…

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BOI pitches US$ 65.1 Mn in value-added exports at Rome forum

Sri Lanka has presented US$65.1 million worth of investment opportunities in high-value agricultural exports, targeting technology-driven companies to transform traditional commodities into premium products for global markets. The Board of…

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We are not inflation nutters; SL not ready for sub-5% inflation target: CBSL

The Central Bank of Sri Lanka (CBSL) has ruled out a lower inflation target for now. It concluded that a…

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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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Ceyconnect and Lion Brewery Launch Sri Lanka’s First Long-Haul EV Prime Mover

Ceyconnect (Pvt) Ltd, a subsidiary of the Ceyline Group, has…

Sri Lanka must earn FTAs, says Deputy Minister

Sri Lanka must earn free trade agreements (FTAs) through deep…

Sampath Bank secures Sumathi Award for Digital Commercial

Sampath Bank PLC was recognised at the Sumathi Awards 2026,…

DIMO Healthcare Advances Liver Health Management with Sri Lanka’s First Echosens FibroScan® Expert 630

First Installation at Hemas Hospital Wattala DIMO Healthcare, a leader…

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