One third of Sri Lankans at risk of poverty
Poverty levels labelled as “alarmingly high at 24.5 percent” by the World Bank in a report released on April 23 raises concerns about economic wellbeing in Sri Lanka,...
IMF Urges Sri Lanka to Diversify Exports Amid Tariff Uncertainty
The International Monetary Fund (IMF) has emphasized the need for Sri Lanka to diversify its export markets and...
Weekly Political Review
Weekly Economic Review
Government grapples with conflicting pressures from East and West.
Weekly Political Review Wide Angle focuses on Global Probes, Chinese Deals, and Geopolitical Dilemmas By Rohana Jith A nation still haunted by the 2019 Easter Sunday bombings now finds itself navigating another kind of turmoil—one that spans economic rescue, strategic alliances, and public trust in national security narratives. Recent development...
Sri Lanka Faces Economic Blow from Trump-Era Tariffs and Potential EU GSP+ Loss
Weekly Economic Review...
MILCO to Launch 500 Milk Outlets Nationwide with Local Entrepreneurs
In an effort to uplift the local dairy sector, MILCO Company is set to open 500 milk sales outlets across Sri Lanka....
Sri Lanka records 124,000 tourist arrivals in April
A total of 846,221 tourists have arrived in the country as of April 20, 2025,...
US $350 Million in LCs Opened for Vehicle Imports amid Stable Dollar
Sri Lankan President Anura Kumara Dissanayake stated that despite vehicle importers opening $350 million in Letters of Credit, the US dollar remains stable at around Rs. 300...
Manufacturers Urge Consistent Industrial Policy for Competitiveness
News of the Day...
Sri Lanka and UAE sign an agreement to establish the Joint Business Council
Sri Lanka and the United Arab Emirates have signed an agreement to establish the UAE-Sri Lanka Joint Business Council, the ministry of foreign affairs said....
Sri Lanka records over 846,000 tourist arrivals in April
A total of 846,221 tourists have arrived in the country as of April 20, 2025, the Sri Lanka Tourism Development Authority (SLTDA) has announced....
TRAVEL AND TOURISM
Govt. to introduce digital facility to resolve industrial sector issues
Minister of Industry and Entrepreneurship Development, Sunil Handunnetti, has announced plans to introduce a new digital facility aimed at resolving i...
IMEI devices must be registered with TRCSL from today
Any radio frequency (RF) emitting devices, including those requiring International Mobile Equipment Identity (IMEI) registration, will not be permitte...
Sri Lanka central bank net foreign exchange reserves rise to US$310mn
Sri Lanka central bank’s net foreign assets rose to about 310 million US dollars in November 2024, official data show, as it bought foreign exchange...
STAY CONNECTED
POWER AND ENERGY
Sri Lanka firms to provide renewable energy with batteries at Rs50
Renewable firms are willing to provide electricity during the night peak with battery energy systems at 50 rupees a kilowatt hour, [...]
CONSTRUCTION
Colombo Port City Construction Delays Cause Heavy Losses for State
NEWS OF THE DAY [...]
FASHION & EVENTS
I Traveled to 40 New York Liberty Games This Season, Capturing the Special, Fashionable Fandom of the WNBA
In the early aughts, some of the best WNBA basketball in the nation was played in my backyard of San Antonio, Texas—or not too far away. My peers an [...]
