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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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 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 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 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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Sri Lanka’s capital Colombo has recorded a modest rise in inflation over the past 35 months,
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Sri Lanka lost a crucial chance to assess its rapidly declining marine resources after the UN Food and Agriculture Organization’s (FAO) research vessel Dr Fridtjof Nansen was denied permission to conduct a fisheries survey in local waters due to bureaucratic delays.
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In a significant step towards deepening democratic ties,
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The Government yesterday announced that the Cabinet of Ministers had approved awarding a six-month contract to Aditya Birla Global Trading (Singapore) Ltd.,
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