Government targets six key sectors to attract FDIs
The government is focusing on six key sectors—hospitality, logistics, renewable energy, technology, agriculture, and apparel & textiles—to attract foreign direct investments (FDIs) by building a creative and conducive environment for investments, rather than relying solely on incentives.
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Construction sector continues expansion
Construction sector continued to expand their activities through December 2024, extending their months-long expansion as reflected by the sector Purchasing Managers’ Index (PMI) for the month.
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Poor vehicle maintenance contributing to rising road accidents – Health expert
Dr. Samitha Siritunga, a specialist in the Non-Communicable Diseases Unit of the Ministry of Health, warns that inadequate vehicle maintenance is a major factor behind the increasing number of road accidents in Sri Lanka.
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Sri Lanka’s PMI for construction expands
Sri Lanka Purchasing Managers’ Index (PMI) for construction stood at 51.4 in December 2024, indicating a continued expansion in construction activities.
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India allocates Rs 300 Crore to Sri Lanka in Union Budget
In the Union Budget 2025, Sri Lanka’s allocation for developmental aid remained unchanged at Rs 300 crore, continuing the same level as the previous fiscal year.
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Committee formed to develop national early childhood education policy
The first step in developing a National Policy on Early Childhood Education and Development was launched at the Ministry of Education, Higher Education, and Vocational Education.
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Wide Angle focuses on JVP-led NPP Government in 77th Independence Day Dilemma amidst Growing Challenges
Weekly Political Review Government Struggles with Resignations of Key State Institution Chairmen as British Minister’s Visit Brings Focus on Economic Ties
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Yoshitha Rajapaksa surrenders all licensed firearms
The Ministry of Defense recently announced that firearms issued with licenses for personal protection must be surrendered, with the possibility of re-issuance after a review.
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Sri Lanka’s Ishadi Amanda crowned 1st Runner-Up at Mrs. World
Sri Lanka’s Ishadi Amanda has etched her name in history by becoming the first runner-up at the 40th Mrs. World pageant held in Las Vegas, USA.
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Sri Lanka at a Crossroads: Path to Sustainable Growth amidst Economic Recovery
Weekly Economic Review Navigating Opportunities and Challenges in a Post-Crisis Economy
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