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Land Prices Surge Up to 20-pct as Real Estate Market Responds to Lower Rates & Economic Stability: report

Sri Lanka, July 23 -- Sri Lanka's real estate sector is demonstrating robust signs of recovery and renewed investor confidence in 2025, buoyed by a stabilizing economy and favorable market conditions.... Read More


Trinasolar partners Solaris Energy to deliver 25MWp of utility-scale solar across Sri Lanka

Sri Lanka, July 23 -- Trinasolar, a global leader in smart PV and energy storage solutions, signed a Memorandum of Understanding (MOU) with Solaris Energy (Pvt) Ltd., a leading solar distributor in Sr... Read More


Fitch Rates Commercial Bank of Ceylon's Basel III Subordinated Green Bond Final 'A(lka)'

Sri Lanka, July 22 -- Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to LKR... Read More


Transparency International Sri Lanka Challenges the National Audit (Amendment) Bill

Sri Lanka, July 22 -- Transparency International Sri Lanka (TISL) filed legal action on Tuesday 22 July 2025, in the Supreme Court challenging the National Audit (Amendment) Bill which was published i... Read More


The future of electric driving has arrived

Sri Lanka, July 21 -- Electric cars are no longer just about saving fuel or reducing emissions. They're quickly becoming the new standard for luxury, technology, and smart mobility. And two new models... Read More


Central Bank Imposes New Loan-to-Value Caps on Motor Vehicle Financing

Sri Lanka, July 18 -- The Central Bank of Sri Lanka (CBSL) yesterday announced new Directions, effective July 18, 2025, imposing maximum loan-to-value (LTV) ratios on credit facilities granted for the... Read More


Pre-Budget Discussions for 2026 Begin

Sri Lanka, July 17 -- A discussion on the preliminary budget framework and development direction related to the submission of proposals for the 2026 Budget was held yesterday afternoon (16) at the Pre... Read More


MoU to establish a laboratory with international accreditation facilities with a USD15 mn investment

Sri Lanka, July 15 -- A Memorandum of Understanding (MoU) was signed this morning (15) at the Presidential Secretariat between STEMedical of the USA and the Sri Lanka Institute of Biotechnology (SLIBT... Read More


SLPMA unveils compelling 'National Call to Produce Medicine in Sri Lanka' as strategic priority

Sri Lanka, July 15 -- The Sri Lanka Pharmaceutical Manufacturers' Association (SLPMA), in a historic step, has issued a powerful national call to action urging all stakeholders to come together in a b... Read More


Applications Invited for the 27th Presidential Export Awards

Sri Lanka, July 14 -- The Sri Lanka Export Development Board (EDB) is now calling for applications for the 27th Presidential Export Awards, which will be held under the patronage of His Excellency Pre... Read More