Sri Lanka, Sept. 8 -- Construction on the long-awaited first section of the Central Expressway (E04), from Kadawatha to Mirigama, is set to resume by September or October with the return of Chinese fu... Read More
Sri Lanka, Aug. 13 -- Sri Lanka has set an ambitious goal for its artificial intelligence (AI) sector contributing US$ 1.5 to US$ 1.8 billion, or 10-12 percent, of the nation's projected US$ 15 billio... Read More
Sri Lanka, July 16 -- Sri Lanka's ambitious goal of welcoming 3 million tourists in 2025 faces further pressure after a lackluster start to July. The island nation recorded 79,771 arrivals in the fi... Read More
Sri Lanka, July 11 -- A new report from a group of eminent economic thinkers has proposed the formulation of an independent growth commission to guide Sri Lanka towards sustained economic recovery and... Read More
Sri Lanka, July 10 -- Sri Lanka's domestic clothing brands are calling for a drastic 300 to 400 percent increase in the Commodity Export Subsidy Scheme (CESS) levy on the imported apparel, arguing it ... Read More
Sri Lanka, July 10 -- With Sri Lanka's new 18 percent Value Added Tax (VAT) on foreign digital services now a settled policy taking effect this October, focus has sharply shifted to its potential econ... Read More
Sri Lanka, July 8 -- Sri Lanka's economy is bracing for a potential shockwave, as the Free Trade Zone Manufacturers Association (FTZMA) warns that the proposed tariffs by President Donald Trump could ... Read More
Sri Lanka, July 8 -- The National Transport Commission (NTC) is advancing its plans to modernise Sri Lanka's public transport system by introducing a prepaid transit card and integrating bus routes in... Read More
Sri Lanka, July 5 -- The United Nations Development Programme (UNDP) warned that Sri Lanka's household debt crisis has likely intensified since last measured in 2023, as it threw its weight behind a m... Read More
Sri Lanka, June 26 -- Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearance of vehicles imported under cross-border Letter... Read More