Colombo’s Beira Lake Revival: Mixed Project, Eco Boats and Seaplanes
The Government has made a renewed attempt to revive a stalled mixed development project at No. 40, D.R. Wijewardena Mawatha, Colombo 10, after repeated failures by successive administrations to attract investors.
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Customs Surpasses Target, But Risks Cloud 2025 Outlook
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CNL Reporter
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September 1, 2025
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News, Political
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Customs
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Sri Lanka Customs (SLC) has already surpassed its 2025 revenue collection target of Rs. 2,115 billion by Rs. 142 billion,
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Sri Lanka spends US$506.1 million on personal vehicle imports
Sri Lanka has spent US$506.1 million on personal vehicle imports in the first seven months of 2025, compared to just US$34.8 million in the same period last year, reflecting a dramatic surge in demand, official data show.
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Sri Lanka’s Dwindling Reserves Raise Alarm Over $7 Billion IMF Target
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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Tourism Push amid Politics: Can Sri Lanka Hit 2025 Target?
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CNL Reporter
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September 1, 2025
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News, Political
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Tourism
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News of the Day
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Celestial Spectacle Awaits Sri Lanka: Rare blood moon to appear for 82 minutes on September 7
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CNL Reporter
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August 31, 2025
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News
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blood moon
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Sri Lankans will have a rare opportunity to witness the phenomenon known as “blood moon” next month,
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Sri Lanka’s Digital Economy Ambitions Face Policy Bottlenecks
Sri Lanka’s fintech sector is gaining traction, but doubts linger over whether the government can meet its bold target of building a US$15 billion digital economy by 2030.
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Sri Lanka Customs crackdown on BYD risks deterring EV investments
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CNL Reporter
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August 31, 2025
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News, Political
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BYD
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0 Comments
Sri Lanka Customs has detained nearly 1,000 more BYD electric vehicles over disputed motor capacity declarations, raising fears that bureaucratic rigidity could drive global EV giants away from the island.
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United Petroleum Exit Raises Fears Over Sri Lanka Fuel Reform
Sri Lanka’s push to liberalise its petroleum sector has been dealt a major setback with the sudden withdrawal of Australian energy giant United Petroleum,
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BIA Expansion Revives, But NPP Focus Risks New Delays
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CNL Reporter
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August 31, 2025
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News
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BIA
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0 Comments
The long-delayed expansion of Bandaranaike International Airport (BIA) has restarted with renewed financing from the Japan International Cooperation Agency (JICA),
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