Sri Lanka’s apparel and textile sector is forecast to generate $ 5.5 billion in export revenue this year, with authorities ...

The Cabinet of Ministers at their meeting on Monday approved a proposal to sign a cooperation agreement between the Sri Lanka Export Development Board (EDB) and the German Import Promotion Bureau (IPB ...

In a remarkable feat for Sri Lanka’s tourism sector, arrivals surpassed the half-a-million mark in just under two months of 2026, sparking optimism about meeting the ambitious target of 3 million ...

Cabinet Spokesman and Minister Dr. Nalinda Jayatissa yesterday defended the Government’s coal procurement process, insisting it was conducted in full compliance with established guidelines and ...

Opposition MP Dr. Harsha de Silva has warned of a growing “tourism paradox,” claiming that while visitor arrivals are increasing, sector earnings are failing to keep pace due to regulatory loopholes ...

Fitch Ratings yesterday said the Central Bank of Sri Lanka’s (CBSL) reintroduction of a consolidation framework for the banking sector is broadly positive for sector credit profiles. “Consolidation ...

Opposition Leader Sajith Premadasa yesterday said the closure of two factories operated by MAS Holdings could deal a setback to the economy, with an estimated 26,000 workers set to lose their jobs.

Headline inflation in Sri Lanka has been below 3% for seven consecutive quarters, persistently missing the Central Bank’s target of 5% and breaching the margin that triggers formal accountability to ...

Economist Talal Rafi said Sri Lanka has made measurable progress in stabilising the economy following the crisis, but cautioned that sustaining recovery and shifting to a growth trajectory will ...

Sri Lanka has long recognised the need to modernise its insolvency framework, yet meaningful reform has remained in the ...

The Cabinet of Ministers on Monday approved awarding a contract for the procurement of 75 brand-new motor graders at a cost of Rs. 1,424.25 million, to United Tractors and Equipment Ltd. Addressing ...

The Cabinet of Ministers on Monday approved the implementation of the updated National Tariff Policy based on recommendations submitted by the National Tariff Policy Committee. The National Tariff ...