EML Consultants Taps New Zealand Expertise to Drive Local Innovation
In a historic tie-up bridging hemispheric innovation, Dr. Karnika De Silva—a respected Senior Materials Expert of
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Sri Lanka banks financing Indian firms with excess dollar balances
Sri Lanka banks are financing Indian business through syndicated loans, using their excess US dollar balances,
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Rs. 100 m allocation for key industrial and entrepreneurial initiatives
The Cabinet of Ministers at their meeting on Monday approved allocating Rs. 100 million for a series of key initiatives aimed at boosting industrial and entrepreneurial projects.
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Construction industry up in arms over Cement price hike
Following the recent hike in wholesale cement prices, the National Construction Employees’ Society (NCES) blamed
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Govt. earns Rs. 136 billion from vehicle imports in 4 months
The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections from Value Added Tax (VAT), Customs Duty, and Luxury Tax.
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Govt to Repurpose Idle State Lands for SME Investment
The Governemnt is proceeding with a wide-ranging development initiative to provide underutilised State-owned
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New Credit Guarantee Body Launched to Boost SME Lending
Sri Lanka has launched the National Credit Guarantee Institution Ltd (NCGIL) to enhance access to finance for
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Dual Deficits and Global Pressures Put Sri Lanka’s Economic Revival at Risk
NEWS OF THE DAY
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UK Trade Envoy visits MAS Holdings to strengthen bilateral ties
The UK Trade Envoy’s recent engagement with island nation is a timely step towards strengthening bilateral trade
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Port City Colombo begins tenant handover of Business Centre
Port City Colombo last Friday commemorated the formal handover of office space to key anchor tenants with a special ceremony.
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