Exclusive

Publication

Byline

Location

Sri Lanka remains vulnerable to energy price shock but is more resilient than in the past - Moody's Ratings

Srilanka, Aug. 12 -- Bangladesh (B2 negative), Pakistan (Caa1 stable) and Sri Lanka (Caa1 stable) are among the most vulnerable economies in Asia to high oil prices stemming from the Middle East confl... Read More


Cabinet Approves Tender to Build Three Fuel Storage Tanks at Muthurajawela Terminal

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a proposal by the Minister of Energy to award the contract for constructing three new fuel storage tanks at the Muthurajawela Terminal to a j... Read More


Cabinet Approves Rs. 1 Bn Funding Package for Lanka Metro Transit

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a total funding allocation of Rs. 1,067.5 million for Lanka Metro Transit (Private) Limited, comprising Rs. 800 million in equity capital for... Read More


Ambassador Saman Chandrasiri Presents Credentials to the President of the State of Israel

Srilanka, Aug. 10 -- The newly appointed Ambassador of Sri Lanka to the State of Israel, Saman Chandrasiri, presented his Letter of Credence to H.E. Isaac Herzog, President of the State of Israel, on ... Read More


Rosamund Pike visits Sri Lanka as mine clearance reaches one-million milestone

Srilanka, Aug. 7 -- Visit Rosamund Pike to Cambodia Mines Advisory Group February, 2023 Golden Globe, Emmy, and Olivier Award-winning actor Rosamund Pike, ambassador to the Mines Advisory Group (MAG),... Read More


When is the best time to hire a dedicated software development team?

Srilanka, Aug. 7 -- Dedicated development teams have recently gained much popularity, as they enable businesses to enjoy all the benefits that a software outsourcing company typically offers - while w... Read More


Hemas Sustains Q1 Revenue Amid Market Volatility; Sharpens Focus on Margin Recovery

Srilanka, Aug. 6 -- Hemas delivered revenue growth of 0.9% YoY to Rs. 28.77 Bn in Q1 FY27, supported by growth in Consumer Brands, Hospitals and Mobility. Gross profit margin improved to 30.4%, demons... Read More


Applications Open for CSSL National ICT Awards 2025

Srilanka, Aug. 5 -- The Computer Society of Sri Lanka (CSSL) has officially called for applications for the prestigious CSSL National ICT Awards 2025, one of the country's flagship platforms celebrati... Read More


EDB, IFC & European Union Launch Third ExpoScaleUp Cohort to Boost Sri Lanka's SME Export Competitiveness

Srilanka, Aug. 5 -- The Sri Lanka Export Development Board (EDB), in partnership with the International Finance Corporation (IFC) and with the support of the European Union (EU) under the "Acceleratin... Read More


Cabinet Approves $200 Mn ADB Loan for Trade, Investment, and Industrial Development

Srilanka, Aug. 4 -- The Cabinet of Ministers has approved a proposal submitted by President Anura Kumara Dissanayake, in his capacity as the Minister of Finance, Planning and Economic Development, to ... Read More