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Stalled Sinopec project gets new start

Sri Lanka, Oct. 26 -- l Momentum in FDIs continue with USD 827 mn in foreign capital inflow during first nine months of this year l Confidence in surpassing this year's FDI target next year is high ... Read More


CBSL to present findings to FM for regulation of virtual assets - FIU

Sri Lanka, Oct. 26 -- The survey on virtual asset service providers conducted by the Central Bank's Financial Intelligence Unit (FIU) has been successful with a large number of responses from individu... Read More


Time to embrace modern banking and bid farewell to conventional banking

Srilanka, Oct. 19 -- Sri Lanka's banking needs to keep pace with the rapidly changing global banking system by moving away from conventional banking if the banking system in the country is to be more ... Read More


After all the toil and sweat, Mandaramnuwara farmers forced to shed tears

Srilanka, Oct. 19 -- Farmers' woes continue despite the many promises to uplift their lot, and today are unable to keep the wolf from the door due to multiple reasons. The absence of a stable market,... Read More


Much potential in boat-building and marine tourism sectors - Minister Handunnetti

Srilanka, Oct. 19 -- Sri Lanka's lawmakers took pride on Sri Lanka's strategic location in the Indian Ocean region for maritime trade and its contribution to the economy in their presentations at the ... Read More


It's Sri Lanka's call now to boost trade ties with Russia-Russian Ambassador

Srilanka, Oct. 19 -- Trade relations between Sri Lanka and Russia can be better as both countries are keen to elevate ties, said Ambassador of the Russian Federation to Sri Lanka, Levan S. Dzhagaryan.... Read More


ADB reinforces partnership in Sri Lanka's 'Blue Economy' transformation

Srilanka, Oct. 19 -- The Asian Development Bank (ADB) would like to see a much faster economic growth in Sri Lanka in the future than the current level of 4.8-5 percent, said Country Director of ADB S... Read More


Many households risk falling into poverty - World Bank

Sri Lanka, Oct. 12 -- . Around a third of the population is either poor or at risk of poverty . Creating jobs, managing inflation, targeted subsidies and efficient service delivery vital The World B... Read More


Construction sector expansion still not at pre-2019 level

Sri Lanka, Oct. 12 -- Dearth of workers hampers progress The Sri Lanka Purchasing Managers' Index for Construction as shown by the Total Activity Index rose to 61.1 in August, indicating a continuous ... Read More


IMF calls upon Govt to fast-track pending debt deals

Sri Lanka, Oct. 12 -- - Urges speeding up governance reforms - Need for Budget 2026 to fall in line with EFF program parameters stressed - Prioritise anti-corruption efforts The IMF delegation wrappi... Read More