Sri Lanka will move to full competitive bidding for new power plants from June 2025 under an electricity law now in effects, officials said as part of efforts to cut generation costs and sustainable ...

ECONOMYNEXT – Sri Lanka’s remittances coming from its overseas expatriate workers gained 17.5 percent to $573 million in ...

A presidential advisor, identified as D. Gamage, had asked a delegation representing the SME sector to “surround the Central Bank” instead of troubling officers at the Presidential Secretariat, ...

Aimed at accelerating Sri Lanka’s digital transformation, three key digital initiatives were officially launched yesterday by ...

Minister of Labour and Deputy Minister of Economic Development, Prof. Anil Jayantha claimed that (1) there was a significant delay in restructuring process, and that (2) due to this delay, Sri Lanka ...

The digital infrastructure the country is building is the foundation for every future digital modernization effort in Sri ...

NDB Bank takes a significant stride in revolutionising financial convenience by enabling government payments through its ...

Ray Abeywardane, Managing Director / Group CEO of HNB Investment Bank and Damith Pallewatte, Managing Director and Chief ...

Sri Lanka has experienced a significant rebound in business and investor confidence in the last few months, driven by a combination of economic recovery, policy reforms, and stock market growth.In ...

The Commercial Bank of Ceylon has announced that ComBank Digital, the Bank’s digital banking platform, is now linked with the ...

Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’s newly ...

Sri Lanka is set to relax a ban on some vehicle imports in a sign the country is returning to normal after a severe economic ...