LNP - Credit card debt growth slows despite consumer spending rise
Sri Lanka’s credit card debt expanded at a slower pace in July, even as overall credit in the economy grew faster, supported by low interest rates a...
Read More
LNP - Sri Lanka targets 4–5% GDP growth in medium to long-term: CBSL Governor
Sri Lanka is striving to achieve 4–5% GDP growth in the medium to long-term in comparison to the baseline requirement of 3% set by the International...
Read More
LNP - Asian Development Bank lowers Sri Lanka’s GDP growth estimate for FY2025
The Asian Development Bank (ADB) has revised downward its GDP growth forecast for Sri Lanka, primarily due to the effects of US tariff policies. The r...
Read More
LNP - Tree planting project along Colombo’s Marine Drive commences
A tree planting and conservation project was launched today (5) along the stretch of Colombo’s Marine Drive, from the Kollupitiya Railway Station to...
Read More
LNP - Sri Lanka strongly rejects genocide allegations, protests monument construction in Canada
The Government of Sri Lanka maintains that the allegation of genocide during the final phase of the conflict in Sri Lanka is unsubstantiated by any cr...
Read More
LNP - World Bank grants Sri Lanka $1.0bn loan
Colombo (AFP): Sri Lanka has been granted a billion-dollar loan to boost its agriculture, tourism and energy sectors, the World Bank said on Wednesday...
Read More
LNP - Pilot project to enable online traffic fine payments
Sri Lanka Police has launched a pilot project to enable motorists to pay traffic fines online, in a move aimed at streamlining the payment process and...
Read More
LNP - Sri Lanka’s first cable car project to launch by year-end
Cable car projects that operate more than a kilometre between two mountains without any support are rare in the world. The Sri Lankan people will have...
Read More
LNP - Sweet surge in growth for local confectioneries in early 2025
By NUZLA RIZKIYA Sri Lanka’s confectionery industry is experiencing some sweet growth as it on an upward trajectory this year, supported by improvi...
Read More
LNP - Construction on second terminal at BIA will begin soon: Bimal
The work on the second terminal of the Bandaranaike International Airport (BIA) will begin this year, Minister of Aviation Bimal Ratnayke told Parliam...
Read More
LNP - Govt. to woo top ten shipping liners in world for Colombo port expansion
The government will call for Expression of Interest (EOI) from the top ten shipping companies in the world next month for the expansion of the Colombo...
Read More
LNP - Sri Lankans among migrants deported from US to Panama, moved to jungle region
A group of nearly 100 migrants deported from the U.S. to Panama last week, including Sri Lankans, has been moved from a hotel in the capital to the Da...
Read More
LNP - Japan grants Rs. 565 million to ‘Clean Sri Lanka’ project
Under Japan’s Economic and Social Development Programme, a grant of 300 million Japanese Yen (approximately LKR 565 million) has been provided to pr...
Read More
LNP - China expresses readiness to collaborate with Sri Lanka towards a new era of development
The People’s Republic of China has played a vital role in the social and economic development of Sri Lanka for decades, President Anura Kumara Dissa...
Read More
LNP - Port City to break ground for Marina development on Friday
The Port City, Colombo on Friday will break ground for its Marina development, which is tipped to be a key value proposition boosting business and att...
Read More
LNP - Two pilot traffic projects begin in Sri Lanka to improve road safety
In line with the Clean Sri Lanka project, the Sri Lanka Police has launched two traffic initiatives aimed at reducing accidents and easing congestion....
Read More
LNP - Moody’s upgrades Sri Lanka’s rating to Caa1; outlook stable
Global rating agency, Moody’s yesterday upgraded the Government of Sri Lanka’s Long-Term Foreign Currency Issuer Rating to Caa1 from Ca. The outlo...
Read More
LNP - Fitch upgrades Sri Lanka to ‘CCC+’
Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default), citi...
Read More
LNP - World Bank affirms all support projects in SL will continue uninterrupted
Parameswaran Iyer with President Dissanayake The World Bank Group this week affirmed that all ongoing World Bank-supported projects in Sri Lanka will ...
Read More
LNP - Sri Lanka’s Mahima Herath wins third place in Australia’s Humanitarian Innovation Pitch
Mahima Pivithuru Herath, a postgraduate student at Griffith University from Sri Lanka has secured third place in the prestigious Humanitarian Innovati...
Read More
LNP - Lanwa Sanstha’s opening next month to ease cement shortage, boost construction
Lanwa Sanstha Cement Corporation Ltd., a state-of-the-art cement manufacturing facility that is expected to be one of the region's largest, is set to ...
Read More
LNP - BIA expansion project phase II begins tomorrow
The second phase of the expansion of the Bandaranaike International Airport (BIA) in Katunayaka will be officially declared open tomorrow (25 November...
Read More
LNP - China offers to invest USD 800 million in renewable energy projects in Sri Lanka
The China National Energy Engineering and Construction Company Limited (CNEE), a Chinese state-owned energy conglomerate, has offered to invest USD 80...
Read More
Popular News
