Sri Lanka studying 300MW to 400MW nuclear power plant
Sri Lanka is studying the building of a 300 to 400 Mega Watt nuclear power plant, Energy Minister Kumara Jayakody told parliament.
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Sri Lanka tourist arrivals up 9.5-pct in February 2025 led by India, Russia
Sri Lanka’s tourist arrivals grew 9.5 percent from a year ago to 240,217 in February 2025, with India and Russia top source markets, data from the state tourism development office showed.
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Government to resume maize imports
The government may have to resume maize imports in the near future despite the current suspension, Minister of Livestock, Land, and Irrigation K.D. Lalkantha stated during a recent parliamentary committee meeting.
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EPF suffers nearly Rs. 20 billion in direct losses from investments
The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs. 12 billion in foregone earnings, as a result of bypassing due process and investing in unlisted equity, according to a new report by Verité Research. The report has calculated these losses and foregone earnings by analysing …
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Incredible India’ conceiver says SL must never be sold for less than $ 700 a night
Sri Lanka has all the elements to be a high-end global tourism destination and has a tourism potential that is significantly greater than Kerala, but is currently selling itself too cheaply, said India’s G20 Sherpa Amitabh Kant, last week in Colombo.
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Ceylon Chamber commends Govt. on Third IMF Review success
The Ceylon Chamber of Commerce yesterday congratulated the Government on successfully completing the Third Review under the International Monetary Fund (IMF) Extended Fund Facility (EFF) arrangement.
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China’s Strategic Support and Investments in Sri Lanka’s Economic Revival
China has once again extended its financial and strategic support to Sri Lanka, providing much-needed economic relief through credit lines and grants.
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National Shoora Council calls for global FDI in Sri Lanka
The National Shoora Council (NSC) a consultative body comprising several Muslim Organisations and individuals formed to address the challenges currently faced by Muslims in Sri Lanka in a proactive manner is set to make a clarian call to countries world wide to invest in Sri Lanka
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JAAF drives Apparel industry dialogue on Modern Challenges
The Joint Apparel Association Forum (JAAF), in collaboration with the Monash Business School and the Postgraduate Institute of Management (PIM), successfully hosted the International Conference on the Apparel Industry 2025 recently in Colombo.
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Car carrier from Japan unloads vehicles at Hambantota port
Sri Lanka’s China-backed Hambantota International Port said a car carrier from Japan had discharged 196 vehicles destined to the local market after imports were allowed after a 5-year ban.
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