Economy

Sri Lanka is targeting a further US$4.1 billion in investments to the Port City Colombo over the next five years, Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe said. In… Read more: Sri Lanka targets another US$4.1 billion in Port City Colombo investments

Sri Lanka has emerged as the most positively viewed country in South Asia, according to a new study by the Pew Research Center that examined public attitudes across the region. The… Read more: Sri Lanka Is South Asia’s Most Favored Nation

Sri Lanka has been named in a report released by the White House Office of Trade and Manufacturing Policy examining changes in global trade flows following the introduction of US tariffs… Read more: Sri Lanka Emerges on Global Supply Chain Radar in White House Report

Central Bank Governor Dr. Nandalal Weerasinghe has expressed confidence in Sri Lanka’s economic outlook, stating that the country is on a steady recovery path and presents attractive opportunities for investors despite… Read more: ‘Now Is the Time to Invest in Sri Lanka’ – CBSL Governor

A series of Revenue-Generating Development projects worth Rs. 2.5 billion will commence across the island from today (14), under the direction of the Ministry of Public Administration, Provincial Councils and Local… Read more: Rs. 2.5 Billion Revenue-Generating Development Projects To Commence

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