In a dramatic turn of events, Indian tycoon Gautam Adani’s Green Energy Limited (AGEL) has withdrawn from the second phase of a proposed wind power project in northern Sri Lanka. The project, which ...

By Ifham Nizam Despite the 2025 budget’s optimistic outlook, implementation remains the key to its success, warned Nandika Buddhipala, Chief Financial Officer of Commercial Bank PLC. Speaking at a ...

ECONOMYNEXT – Sri Lanka has earned 13.5 billion rupees from casino and gaming taxes in 2024, a Finance Ministry data shows.

The local Small and Medium Enterprise (SME) sector will need to step up its efforts to tap international markets, as the ...

The High Commission of Sri Lanka in Islamabad facilitated a donation of human eye corneas to Pakistan, marking the 77th anniversary of the Independence of Sri Lanka. This initiative was organised with ...

For the first time in South Asian maritime history, a luxury passenger cruise service will be launched from Colombo linking India (Cochin) and Maldives from next year. In another historic feature, ...

ECONOMYNEXT – Net Profits at Sri Lanka’s National Development Bank grew more than 14 times to 4.88 billion rupees in the December 2024 quarter from 338.5 million rupees a year earlier, helped by a ...

The Securities and Exchange Commission of Sri Lanka (SEC), in collaboration with the Colombo Stock Exchange (CSE), successfully conducted an Issuer Awareness and Educational Session titled “Path to a ...

The arrested person worked as a Panchayat Development Officer in Yellapur in the Uttara Kannada district. He fled the country ...

President Anura Kumara Dissanayake commenced delivering the 2025 Budget Speech in the parliament, a short while ago ...

The Sri Lanka Unique Identity Project (SL-UDI) will be a essential element of the country's digital transformation efforts.

The National Chamber of Exporters of Sri Lanka (NCE) commends the Government of Sri Lanka on the presentation of the National ...