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BOI seals landmark USD 171 Mn investment with CEAT OHT Lanka

Sri Lanka, Aug. 25 -- In a landmark development for Sri Lanka's manufacturing and export sector, CEAT OHT Lanka (Private) Limited has signed an agreement with the Board of Investment of Sri Lanka (BOI... Read More


Sri Lanka's Exports Surge to Nearly USD 10 Bn in First Seven Months of 2025

Sri Lanka, Aug. 25 -- Sri Lanka's export sector has demonstrated remarkable resilience and steady momentum during the first seven months of 2025, with total exports reaching US$ 9,992.53 Mn, marking a... Read More


Interview: Sri Lanka's real estate sector continues to attract top-tier FDI

Sri Lanka, Aug. 25 -- According to the real estate research division of the Research Intelligence Unit, the island's real estate sector is currently experiencing a revival in foreign investor interest... Read More


Opinion: The dangerous myth of unpaid public service

Sri Lanka, Aug. 24 -- By Tharaka Balasuriya My mother carries a diary of my grandmother, a poignant reminder of the sacrifices made in the name of public service. It details how my grandmother, a r... Read More


Ambeon Strengthens Portfolio Through Strategic Hospitality Investments

Sri Lanka, Aug. 22 -- Ambeon Group, one of Sri Lanka's leading diversified conglomerates, today announced its strategic entry into the hospitality sector with strategic equity investments in two liste... Read More


Colombo Fort Magistrate's Court Remands Ex-President Ranil Wickremesinghe Until August 26

Sri Lanka, Aug. 22 -- Former Sri Lankan President Ranil Wickremesinghe has been arrested on charges of misusing public funds, according to police. The arrest is in connection with a private overseas t... Read More


Former President Ranil Wickremesinghe arrested; to be produced before Fort Magistrate's Court

Sri Lanka, Aug. 22 -- Former Sri Lankan President Ranil Wickremesinghe has been arrested on charges of misusing public funds, according to police. The arrest is in connection with a private overseas t... Read More


Committee to probe irregularities at AASL & SriLankan Airlines invites public input

Sri Lanka, Aug. 21 -- The Presidential Special Investigation Committee, established to probe into past fraud, corruption and malpractices at Airport and Aviation Services (Sri Lanka) (Private) Limited... Read More


New Zealand High Commissioner Explores Opportunities at Hambantota International Port

Sri Lanka, Aug. 21 -- New Zealand High Commissioner to Sri Lanka, David Gregory Pine, visited the Hambantota International Port (HIP) on August 11, 2025, to gain firsthand knowledge on its development... Read More


VIDEO: The AI Bubble | Why 95-pct of GenAI Projects Are Failing

Sri Lanka, Aug. 20 -- Artificial Intelligence was supposed to be capitalism's golden goose - rewriting emails, reinventing customer service, and reshaping entire economies. But a new MIT study says 9... Read More