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Hayleys acquires 10.83% stake in DIMO for over Rs.1bn

Sri Lanka, April 10 -- Dhammika Perera-controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO), through a series of transactions worth over Rs.1.04 billion... Read More


ADB signals shift toward investment projects in Sri Lanka

Sri Lanka, April 10 -- The Asian Development Bank (ADB) announced plans to gradually shift its focus in Sri Lanka from budget support to investment projects, as the country shows signs of economic rec... Read More


ADB sees Sri Lanka's growth at 3.9% in 2025

Sri Lanka, April 10 -- Sri Lanka's recovery is expected to continue at a moderate growth of 3.9 percent in 2025 and 3.4 percent in 2026, following a strong rebound in 2024, the Asian Development Bank ... Read More


96th Birth Anniversary of Late Dr. A.C.S. Hameed

Sri Lanka, April 10 -- Dr. A.C.S. Hameed entered Parliamentary politics in March 1960, representing the Akurana Parliament seat, which was later changed to the Harispattuwa electorate. He continued t... Read More


Gerry Crake Happy Birthday Daddy!

Sri Lanka, April 10 -- The only gift we can offer are the previous memories you left behind. May the angels hold you close And sing Happy Birthday while you well In peace with God. Prayerfully and... Read More


Voice of the People Mixed sentiments by shoppers ahead of Avurudu

Sri Lanka, April 10 -- The Sinhala and Tamil New Year, or Avurudu, is one of the most significant and cherished celebrations in Sri Lanka. This festival, which falls in April annually, is marked by cu... Read More


Why Does NWSDB Impose Sewerage Charges on Kolonnawa Customers but Not Colombo?

Sri Lanka, April 10 -- Residents of Kolonnawa and the suburbs are querying as to why the National Water Supply and Drainage Board (NWSDB) levies a sewerage charge in their area while exempting Colombo... Read More


The Burden of Bureaucracy in Sri Lanka's Digital Era

Sri Lanka, April 10 -- Despite the much-touted digitalisation of the economy, Sri Lanka seems to be moving further away from the promised paperless, cashless future. Instead of simplifying business pr... Read More


Navigating Sri Lankan 'canned fish' through the Indian Ocean

Sri Lanka, April 10 -- Sri Lanka has potential to be self-sufficient in paddy and fish. One look at the island's geography and this is confirmed. But we do import rice and fish; even if such business ... Read More


Noise pollution menace - despite lawsuits, lawbreakers continue with impunity

Sri Lanka, April 10 -- Concern from victims of noise pollution Residents living at Galle Face apartments have raised concerns regarding carnivals at Galle Face Green with loud music. "We have no obje... Read More