In its latest update, the World Bank has raised its projection for India’s economic growth in 2024 to 7.5%, up by 1.2% from its previous estimate....
The World Bank Group today announced a major initiative to support job creation and unlock private sector growth in Sri Lanka, backed by more than $1...
Ajay Banga is visiting Sri Lanka, marking the first presidential visit to the country by a World Bank Group president in nearly 20 years. The visit...
Sri Lanka’s central bank has made profits of 274 billion rupees, profit in 2024, with interest income from its bond portfolio and foreign assets, which turned...
The MSC MARIELLA, one of the largest container vessels in the world, made a port call at Colombo Port on April 28, 2025, docking at the...
Sri Lanka’s tourism industry continues its momentum with a significant year-on-year (YoY) increase in visitor numbers during 2025, according to the latest official data. The Sri...
The daughter of Dr. Shafi Shihabdeen, who was at the centre of a high-profile false sterilisation allegation in 2019, has secured entry to a medical faculty...
In a landmark development for Sri Lanka’s capital market, Ceylon Capital Management, led by dynamic entrepreneur and Chairman Amila Basnayaka, has acquired 23 million shares in...
The Department of Census and Statistics has released the official poverty line figures for February 2025, revealing that an individual requires a minimum of Rs. 16,318...
The Sri Lanka Tourism Development Authority and the Sri Lanka Tourism Promotion Bureau have announced plans to open a night market along Marine Drive by the...
The Central Bank of Sri Lanka reports that tourism earnings for the first quarter of 2025 have reached US$ 1,122.3 million, marking a 9.4% increase compared...