Breaking News
Sri Lankan banks’ offshore lending surges 52% amid Middle East conflict risks
Sri Lanka’s banks increased lending to overseas borrowers by more than 50 percent in the year to June 2026, with offshore loans accounting for over a third of their outstanding…
Public–Private partnership: Cabinet approves bill to establish PPP agency
Sri Lanka’s Cabinet of Ministers have approved the publication of a new bill to establish a National Agency for Public-Private Partnerships (PPPs) and provide the legal framework to promote and…
SL–Thailand Business Council seeks FTA roadmap, 10,000 job opportunities
The Sri Lanka–Thailand Business Council (SLTBC) has sought a clear roadmap for implementing the Sri Lanka–Thailand Free Trade Agreement (FTA) and details on proposed employment opportunities for 10,000 Sri Lankan…
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COLOMBO: A Chinese state-owned firm has withdrawn from a $392 million joint venture to develop a major logistics hub at Sri Lanka’s main seaport, the key local partner said on…
IIHE appoints Shehan Kumar as Chief Executive Officer
The Imperial Institute of Higher Education (IIHE), one of Sri Lanka’s established private higher education institutions with three decades of…
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…
Anax Advisory and Abhiyanta Solutions Forge Strategic Partnership to Accelerate SAP Transformation Across Sri Lanka and Maldives
Anax Advisory, a leading Sri Lankan digital transformation and data-driven…
People’s Bank sponsors Schools Basketball Tournaments
People’s Bank has stepped forward as the sponsor of the…
World Bank Group mobilizes record private capital for Developing Countries, driving job creation
The World Bank Group mobilized more private capital in fiscal…
Public–Private partnership: Cabinet approves bill to establish PPP agency
Sri Lanka’s Cabinet of Ministers have approved the publication of…
