IMF Mission Concludes Visit to Sri Lanka Update

The International Monetary Fund (IMF) mission recently ended its visit to Sri Lanka. This was an important moment that showed the country’s economic strength. The IMF looked closely at Sri…

Sri Lanka’s Predicted 1.8% Economic Growth in 2023

After a tough year with a 2.3% contraction, Sri Lanka is looking up with a 1.8% Economic Growth Forecasted by Presidential Secretariat for 2023. This positive outlook stems from a…

UNDP Blue Economy Strategy for Sri Lankan Growth

Sri Lanka is a key player among the world’s maritime countries. It has an exclusive economic zone almost 23 times its land size. This presents a great chance and a…

Renewable Energy: SL Investors’ Growth Avenue

In Sri Lanka, a quiet revolution unfolds. Renewable energy’s share was tiny just ten years ago. Now, the nation aims high, making renewable energy and infrastructure its focus. This switch…

SLTDA Chief Highlights MRR Impact on Tourism Industry

In Sri Lanka, a bold move has changed the tourism game. The Sri Lanka Tourism Development Authority’s (SLTDA) report shows the Minimum Room Rate (MRR) has made a big difference.…

Double XL: 14 Years of Plus-Size Fashion Excellence

In fashion, slim often gets spotlighted. But in Sri Lanka, Double XL stands out. This plus-size fashion brand marks its 14th anniversary. For 14 years, it’s changed the game by…

Exploring the Rise of Digital Marketing Agencies in Sri Lanka

The commerce scene in Sri Lanka is quickly changing, thanks to digital marketing agencies. These agencies help businesses reach their customers in new, effective ways. They use the latest strategies…

Bridging the Digital Gender Gap in Sri Lanka

In our fast-paced world, innovation drives socio-economic progress. Sri Lanka is at a key point. It wants to use its entire population’s tech abilities. Yet, a big question looms: is…

Digital Outlook: Future of Sri Lankan Marketing

As Sri Lanka steps into a new era after the pandemic, its economic growth depends greatly on digital advancements in marketing. The “Digital Outlook Sri Lanka 2024” report is a…

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Aug 16, Colombo: The Sri Lanka – Singapore Free Trade Agreement (SLSFTA) signed in January this year can be amended within a year if it has any detrimental effect on…

Sri Lanka rejects fears of China’s ‘debt-trap diplomacy’ in belt and road projects

Kodituwakku was speaking to the South China Morning Post at the Sri Lankan embassy in Beijing earlier this month, before the devastating Easter Sunday bombings, which have so far killed at least…

Microsoft Imagine Cup Launches in Sri Lanka

The Microsoft Imagine Cup is a top chance for young innovators worldwide. Now, it’s making a big entrance in Sri Lanka. This opens doors for a blend of creativity and…

Visa-free Push for 7 Countries Extended Update

Sri Lanka has made a big change to help tourists visit easier. The country’s Tourism Minister, Harin Fernando, announced good news for travelers from India, China, Russia, Malaysia, Japan, Indonesia,…

Dubai police recover rare $20 million blue diamond stolen by a Sri Lankan security guard and smuggled to Sri Lanka

uly 26, Colombo: The Dubai Police said they have recovered a rare blue diamond estimated to be worth $20 million which was stolen from a city company’s vault by a…

AI Integration in Sri Lanka’s Digital Growth

Sri Lanka faces tough economic times, yet it’s making big changes. With AI Integration in Digitalization Push, the nation is changing its future. Despite heavy debts and not enough jobs,…

Revolutionizing Sri Lanka with Critical Tech for Education Transformation

In the beautiful island of Sri Lanka, big changes are happening. These changes could show the world how to improve education. The key to this big change is Critical Tech…

President Unveils Comprehensive Economic Programme Plan

**Sri Lanka** is at a pivotal moment, facing its biggest privatization ever. This is key to President Ranil Wickremesinghe’s plan to boost the economy. At the Budget 2024 Forum, called…

Ward Place closed due to students’ protest

Ward Place in Colombo has been closed for traffic from Town Hall due to a protest by university students, Ada Derana reporter said. The Inter University Students’ Federation (IUSF) organised…

Research study uses sounds of disturbed honey bees to scare away Sri Lankan elephants

Jan 22, Colombo: A research study published in Current Biology reports that the Sri Lankan elephants are scared of the sounds of honey bees and the honey bee colonies can be used…

World Bank Sees Positive SL Growth in 2024 Forecast

Sri Lanka is starting to overcome past economic problems. After a year with a 9.2% decline, there’s hopeful news. The World Bank report says we can expect a 1% growth…

Sri Lanka’s Struggle: Tax Concessions Cause Revenue Loss

In Sri Lanka, the corporate income tax (CIT) added only 1% to the GDP for two decades. This shows a big gap from what was expected of a strong economy.…

CSE Gains to Six-Month High Amidst Market Optimism

The Colombo Stock Exchange (CSE) has beaten expectations and reached a six-month high. In a world facing many economic challenges, this rise shows that confidence in Sri Lanka’s market is…

UNDP, LKI Push Blue Economy for Sri Lanka Growth

The world’s oceans are very important to our global ecosystem. A surprising fact has come up: the global ‘Blue Economy’ might be worth more than $24 trillion. This would make…

Boost your Business: Enhancing Digital Connectivity

In today’s world, being online is key to a business’s success. Sri Lanka’s companies are quickly using the internet to grow. Having strong digital connections is crucial, and good connectivity…

Sri Lanka’s Economic Outlook: Challenging Year Ahead

Sri Lanka’s economy is facing tough times, unlike anything before. The upcoming fiscal year looks daunting. As Sri Lanka grapples with an Economic downturn, there’s still some hope. This comes…