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Sri Lanka Outlines Strategic Development Plans for Colombo Port East and West Terminals

Srilanka, Oct. 13 -- Sri Lanka is preparing to revamp its maritime infrastructure by bringing in international shipping lines for terminal operations and advancing major expansion projects at the Port... Read More


Government Awards Rs. 1.07 Billion Contract to Upgrade Kandy-Jaffna Road Section

Srilanka, Oct. 13 -- Sri Lanka's Cabinet of Ministers has approved the awarding of a Rs. 1.07 billion contract to M/s Tudawe Brothers (Pvt) Ltd. for the widening and improvement of a critical stretch ... Read More


Government to Draft Revised State Assets Management Bill, Halting 2024 Draft

Srilanka, Oct. 13 -- Sri Lanka's Cabinet of Ministers has approved a proposal to suspend further action on the previously published State Assets Management Bill and instruct the Legal Draftsman to pre... Read More


Sri Lanka Accelerates Renewable Energy Transition, Grid Upgrades, and Competitive Tariff Reforms

Srilanka, Oct. 13 -- Sri Lanka is aggressively scaling up its renewable energy capacity while overhauling power procurement and transmission infrastructure to ensure stable, cost-effective electricity... Read More


Government Re-evaluates Private Fuel Distribution Contracts Amid Subsidy Extensions and Market Disruption

Srilanka, Oct. 13 -- Sri Lankan President Anura Kumara Dissanayake announced that the government is reviewing initial contractual agreements signed with private fuel distributors to address supply bot... Read More


President Anura Kumara Dissanayake to Inaugurate Sri Lanka Economic & Investment Summit 2026 Today

Srilanka, Oct. 12 -- President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic & Investment Summit 2026 today, 12 October, at the Shangri-La Colombo. Organised by The Ceylon Chamber of... Read More


Meaning in Every Drop: Sri Lanka's El Nino Response

Srilanka, Oct. 12 -- An El Nino year is rarely just about drought. It is about extremes. Current forecasts suggest Sri Lanka could face two connected phases. The first may bring heavier rainfall, loca... Read More


Central Bank Releases Financial Stability Review for Year 2026

Srilanka, Oct. 12 -- In terms of Section 70(1) of the Central Bank of Sri Lanka Act, No. 16 of 2023, the Central Bank of Sri Lanka released its annual Financial Stability Review (FSR) for 2026. This s... Read More


From Investment to Economic Transformation: Does Sri Lanka Need One Integrated Development Agency?

Srilanka, Oct. 11 -- "Efficiency is doing things right; effectiveness is doing the right things." - Peter Drucker Author: Prof. Asoka S.Seneviratne Introduction Sri Lanka's next economic challenge ... Read More


Seven in ten Sri Lankan exporters already sell online, but paperwork and slow delivery hold them back: Survey

SriLanka, Oct. 9 -- The findings are in "E-commerce and international trade in Sri Lanka: Findings from a survey of 953 exporters and importers", a report by ODI Global and the Sri Lanka Association f... Read More