Sri Lanka marked a new milestone in its tourism revival with the launch of the Grand Serendib Colombo, the country’s first AI-powered hotel project, inaugurated on October 10 at the Shangri-La Hotel Colombo.
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Projects such as Kankesanthurai (KKS) Port and Jaffna Airport expansion cannot afford to be caught in political transitions,
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Sri Lanka’s corporate sector is facing a sweeping transformation following the enactment of the Companies (Amendment) Act No. 12 of 2025, a key IMF-backed reform aimed at enhancing transparency and accountability.
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Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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Weekly Political Review
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Weekly Economic Review
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Sri Lanka’s listed corporate earnings increased by 56% year-on-year (y-o-y) in Q2 to Rs. 152 billion,
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The government is to implement concessional loan scheme for young Sri Lankans to enter into agricultural and industrial fields.
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The Government of Sri Lanka has entered into a bilateral debt restructuring agreement with the Government of the United Kingdom of Great Britain and Northern Ireland, marking a significant milestone in the country’s ongoing efforts to restore debt sustainability. The agreement, which follows the Memorandum of Understanding (MoU) signed with the Official Creditor Committee (OCC), includes a debt relief package …
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The Fort Magistrate’s Court has still not made a decision on former President Ranil Wickremesinghe’s bail, which remains pending due to a power cut in the court premises. He appeared today under the custody of the CID. Fort Magistrate Nilupuli Lankapura initially paused court proceedings for 30 minutes, but the power cut extended the delay to more than an hour …
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