Adani Group has debunked rumors about the cancellation of their 484 MW wind power projects in Sri Lanka, asserting the deal is still on. The Sri Lanka …
Sri Lanka stocks close down 0.6-pct
ECONOMYNEXT – Sri Lanka stocks closed down 0.6 percent Friday, data on the Colombo Stock Exchange site howed. There was high volatility seen in the market during the day. “There was a correction in …
Sri Lanka needs a growth plan to avoid another crisis
Can Sri Lanka avoid another economic crisis? The economy is stabilising, but challenges remain. This opinion piece examines the need for an inclusive growth plan to address debt, brain drain, and …
Sri Lanka needs a growth plan to avoid another crisis
Can Sri Lanka avoid another economic crisis? The economy is stabilising, but challenges remain. This opinion piece examines the need for an inclusive growth plan to address debt, brain drain, and …
Adani Group admits Sri Lanka reviewing tariff in power deals, but calls it a ‘routine’ exercise
Group dismisses as ‘misleading’ reports in international media that Sri Lanka had cancelled Mannar & Pooneryn projects, hints review process not linked to November indictments by US.
Hotel chains cash in on demand, seek new opportunities in Sri Lanka
Hotel chains are looking to widen their footprint in Sri Lanka with the recovery of inbound tourism to the pre-Covid level.
Verticality key for Sri Lanka as apparel exports grow 5% in 2024
Sri Lanka’s apparel industry has recorded export earnings of $4.7bn in 2024, marking a year-on-year (YoY) growth of nearly 5% with the Joint Apparel Association Forum (JAAF) noting local fabric …
Verticality key for Sri Lanka as apparel exports grow 5% in 2024
Sri Lanka’s apparel industry has recorded export earnings of $4.7bn in 2024, marking a year-on-year (YoY) growth of nearly 5% with the Joint Apparel Association Forum (JAAF) noting local fabric …
Radisson Collection makes regional debut in Sri Lanka’s Galle
Unawatuna, near Sri Lanka’s historic south coast city Galle, is the location of Radisson Hotel Group’s newest Radisson Collection property.
Sri Lanka government announces new rules, limits ministerial privileges
The Sri Lankan government has announced stringent new regulations limiting the benefits afforded to its ministers, a move aimed at addressing public concerns over political privilege and …