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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 Government is planning to introduce dedicated motorcycle lanes on major roads across Sri Lanka in a bid to reduce the country’s high number of motorcycle-related...
Sri Lanka’s export earnings surpassed US$ 10 billion during the first six months of 2026, according to the Central Bank’s latest External Sector Performance report. Export...
The Asian Development Bank (ADB) has announced a $200 million policy‑based loan to strengthen Sri Lanka’s economy amid pressures from the Middle East conflict. ADB President...
According to S&P Global Ratings, Sri Lanka’s long- and short-term foreign and local currency sovereign credit ratings have been affirmed at ‘CCC+/C’ with a stable outlook,...
John Keells Holdings (JKH) has planned a significant expansion of its Consumer Foods portfolio by entering Sri Lanka’s Quick Service Restaurant (QSR) segment. This strategic move...
The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC have announced a joint investment of up to $40 million in South...
Sri Lanka’s export sector continued its strong upward trajectory during the first half of 2026, with the country’s total exports surpassing the significant US$9 billion milestone....
Sri Lanka’s Omar Hazari has won the English-Speaking Union International Public Speaking Competition (IPSC) 2026, earning the country its second consecutive title at the prestigious global...
The Cabinet of Ministers has approved a proposal to procure 600 new Deluxe‑model, air‑conditioned buses for the Sri Lanka Transport Board (SLTB), replacing an earlier plan...
In a bid for the commercialisation of the Trincomalee Oil Tank Farm, Trinco Petroleum Terminal Ltd (TPTL) is planning to go for international bidding for the...
