Coinciding with the Voyage Sri Lanka 2025 Marine Summit, a delegation of 10 foreign investors from countries including India, Saudi Arabia, the United Arab Emirates, and Oman toured the Colombo Port and Port City on October 15. The visit aimed to showcase Sri Lanka’s potential and opportunities for investment as a hub for marine services….
As Sri Lanka joins the global community in marking World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” the message is clear: achieving food security and nutrition for all requires collaboration that transcends institutional boundaries, sectors, and generations. In a world of increasing shocks and stresses, no…
WindForce PLC has announced the signing of a Land Lease Agreement for the Rividhanavi 100 MW Solar Power Project with the Sri Lanka Sustainable Energy Authority on October 10, 2025. The 24-year lease covers land in Kotiyagala, Siyambalanduwa, Monaragala District, with a total rental value of LKR 50 million. The agreement marks the completion of…
Citrus Leisure PLC proudly announces the reopening of The Steuart by Citrus, following an extensive refurbishment that breathes new life into one of Colombo’s most iconic heritage properties. Reimagined for the modern traveller, the hotel reopens its doors with a refreshed spirit, upgraded spaces, and exciting experiences, all while preserving the charm and history that…
The global gemstones market continues to demonstrate robust growth momentum, driven by evolving consumer preferences, technological advancements, and increasing affluence in emerging economies. According to new market intelligence, the gemstones market size was valued at USD 58,291.02 million in 2023 and is anticipated to reach USD 101.01billion by 2032, expanding at a compound annual growth…
India has taken a new step to boost regional financial cooperation, with the Reserve Bank of India (RBI) approving regulatory changes that allow Indian banks to issue loans in Indian rupees (INR) to borrowers in Sri Lanka, Bhutan, and Nepal. The revision enables both Indian banks and their foreign branches to extend INR credit to…
Moody’s Ratings (Moody’s) has completed a periodic review of the ratings of Sri Lanka and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 2 October 2025 in which we reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), and recent…
A special discussion was held yesterday afternoon (13) at the Presidential Secretariat between President Anura Kumara Dissanayake and representatives of plantation companies regarding the proposed increase in estate workers’ daily wage. The discussion focused on the proposal to raise the daily wages of plantation workers in line with the salary increases granted to public and…
Due to a disruption in the Lanka Government Cloud (LGC), several online services managed by various government organizations have been temporarily affected. These include the Birth, Marriage, and Death (BMD) Certificate System of the Registrar General’s Department, the e-Revenue License System (eRL 2.0) of the Provincial Departments of Motor Traffic (except the Western Province), the…
United Petroleum Lanka (Pvt) Ltd., a significant long-term overseas investor and Australian-owned subsidiary of United Petroleum Group, launched their operations in the Sri Lankan market in August 2024 with immense enthusiasm and commitment. With technical expertise and best practices of Australia’s highly competitive fuel retail industry, United Petroleum Lanka aimed to enhance local energy industry…
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