Sri Lanka’s Automotive Market Braces for Decline
Industry analysts predict a rapid cooling of Sri Lanka’s overheated second-hand car market following the partial relaxation of import controls for tourism. The.
Economics
Economics
Sri Lanka Anticipates 8.5% Credit Growth, $20 Billion Imports in 2024
Sri Lanka’s central bank has outlined its economic projections for 2024, anticipating a 3.0 percent growth and a recovery in private credit to.
- April 29, 2024
Industry Analysis
Indian giant ITC begins global hospitality journey with Sri Lanka
Indian conglomerate ITC has made its mark on the global hospitality scene with the inauguration of “ITC Ratnadipa,” a luxurious 352-room hotel in.
- April 26, 2024
Education and Career
Education should be free from political influence – President
President Ranil Wickremesinghe addressed the tenth biennial conference of the All Island Professional Lecturers’ Association (APLA) on Tuesday at the Nelum Pokuna Theatre.
- April 26, 2024
Economics
Sri Lanka, Iran Presidents inaugurate Uma Oya hydro-electric project
Iran’s President Seyyed Ebrahim Raisi and Sri Lanka’s President Ranil Wickremesinghe jointly inaugurated a hydroelectric project in Sri Lanka, adding significant capacity to.
- April 26, 2024
Economics
Colombo to become tourist city, no more aragalaya: Sri Lanka President
President Ranil Wickremesinghe unveiled ambitious plans to elevate Colombo into a prominent tourist destination, signaling a transformative phase for the city’s development. These.
- April 26, 2024
Business
Elephant House Sausages takes legendary Sri Lankan taste to Australia
Keells Food Products PLC has unveiled its Elephant House range of sausages to the dynamic culinary scene of Australia through a strategic partnership.
- April 26, 2024
Business
Siyambalapitiya outlines objectives of SOE restructuring
State Minister of Finance Ranjith Siyambalapitiya emphasized the necessity for a comprehensive policy framework to facilitate the transition of entrepreneurship activities from public.
- April 26, 2024
Industry Analysis
Tech Industry
Ceylon Chamber Welcomes National Digital Economy Strategy
The Ceylon Chamber of Commerce has identified the Digital Economy as a pivotal driver for accelerating Sri Lanka’s economic growth. The recently unveiled.
- April 25, 2024
Travel
Cinnamon Lakeside Colombo welcomes Nazoomi Azhar as new General Manager
Cinnamon Lakeside Colombo recently announced a significant leadership transition with the appointment of Nazoomi Azhar as its new General Manager. With a remarkable.
- April 25, 2024