Economy

The Ceylon Petroleum Corporation says the process of calling for proposals to select an appropriate investor to extract and utilize the natural gas resources in the Mannar Basin will begin this… Read more: CPC Seeks Investors As Natural Gas Confirmed in Mannar Basin

Commercial-scale battery energy storage systems being installed at 16 electricity transmission substations across Sri Lanka are expected to be connected to the national grid in early September. The systems, which were… Read more: Battery storage systems to join national grid in September

The Government of Sri Lanka has unveiled plans to transform Delft Island into the country’s first Zero Emission eco‑tourism destination, with a strong emphasis on sustainability, environmental conservation, and the preservation… Read more: Delft Island to become Sri Lanka’s first zero emission eco‑tourism destination

Sri Lanka’s gross official reserves increased to US$ 6.591 billion in July 2026, according to the latest data released by the Central Bank of Sri Lanka (CBSL). Official reserves stood at… Read more: Sri Lanka’s official reserves rise to US$ 6.59 billion in July

Javelin champion Rumesh Tharanga Pathirage has reached the number one position in the world rankings for the men’s javelin throw event, marking a historic achievement for Sri Lankan athletics. Tharanga’s rise… Read more: Rumesh Tharanga rises to World No. 1 in Javelin Throw rankings

The Cabinet of Ministers has approved a proposal by the Minister of Transport, Highways and Urban Development to procure 50 more low‑floor comfortable buses for urban passenger transport services, as part… Read more: Cabinet approves purchase of 50 more low-floor buses

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 road accidents, Minister of Transport,… Read more: Sri Lanka to introduce first dedicated motorcycle lane to improve road safety