The Appropriation Bill for the 2027 financial year has been published in the Government Gazette, setting out an estimated Rs.

Fitch Ratings yesterday said it has upgraded Sri Lanka’s Long-Term Issuer Default Rating to ‘B-’ from ‘CCC+’, with a Stable ...

Sri Lanka’s startup conversation has matured fast over the past decade, but the language around funding hasn’t kept pace. ..

Speaker Dr. Jagath Wickramaratne yesterday informed Parliament that the Supreme Court has determined the Twenty Second ...

Sri Lanka is embarking on an ambitious digital transformation involving digital identity, digital payments, data exchange, ...

Sri Lanka needs to raise $ 1.5 billion from international capital markets in the final year of the current IMF program. This ...

The Cabinet of Ministers has approved the award of a contract for the procurement of five million pre-printed polycarbonate cards required for the issuance of National Identity Cards (NICs), Cabinet ...

A consortium comprising Vidullanka PLC and Skipper Ltd., of India has emerged as the lowest-cost bidder for the construction of a 132 kV transmission line under a JICA-funded transmission network ...

The Government is set to assume full ownership of the Dr. Neville Fernando Teaching Hospital (NFTH), with the Sri Lanka Air Force (SLAF) appointed to manage its day-to-day operations under a new ...

The Central Bank of Sri Lanka (CBSL) yesterday said freezing orders remain in effect against six companies and their Directors, barring the disposal, transfer or dealing of any properties and other ...

Sri Lanka’s economic opportunities and challenges came into focus as business leaders and entrepreneurs shared insights on driving growth, fostering entrepreneurship, encouraging innovation and ...

China Petroleum Pipeline Engineering Company Ltd., has been awarded a contract worth $ 40.84 million and Rs. 8.5 billion to develop a new aviation fuel storage and distribution facility at ...