ICTA’s Vision for a Digital Nation Transformation
The Information and Communication Technology Agency of Sri Lanka (ICTA) leads our country into the digital future. With leaders like ICTA Chairperson Jayantha De Silva and others, the plan is…
SL Aims for Significant Growth in 2024 Strategy
Sri Lanka is showing strong signs of economic recovery. This comes in the face of tough economic times. The country is aiming for big growth by 2024. This marks a…
Boost Sales with Creative Digital Media Campaigns
In Sri Lanka’s online marketplace, creative digital media campaigns for ecommerce businesses are crucial. They grab attention and boost sales. It’s more than making ads. It involves creating a story…
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…
New Artifacts found in Sigiriya Excavation
Several new artifacts have been found from a recent excavation at the Sigiriya Rock Fortress and a statue of a lion made from terracotta was among them. The excavation is…
State Defense Ministry Cyber Operations Center opens at Air Force Headquarters
Ministry of Defense Cyber Operations Centre at Sri Lanka Air Force (SLAF) Headquarters was declared open by the Secretary to the Ministry of Defense Kapila Waidyaratne on Monday on the…
Sri Lankan Airlines flight from London diverted to Frankfurt due to medical emergency
SriLankan Airlines flight UL504 en-route from London to Colombo with 268 passengers was diverted to Frankfurt airport last night due to a medical emergency, the airline said. The fight has…
Sri Lanka Unveils Digital Transformation Plans
In a world where digital transformation is crucial, Sri Lanka has stepped up. It announced a plan to change its tech scene drastically. President Ranil Wickremesinghe is leading this move.…
March Tourism Surge: Over 200K Arrivals in Sri Lanka
Sri Lanka surprised everyone with a March tourism surge. Over 200,000 visitor arrivals have shattered past records. This marks an incredible victory for the nation’s travel statistics. The first three…
Fairway Galle Literary Festival 2018
The Galle Literary Festival is an international literary festival held annually in Galle, Sri Lanka. In recent years the profile of the festival has increased substantially, with attendances by many…
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…
Sri Lanka’s Sector-wise Digital Progress Benchmarking
In the heart of South Asia lies Sri Lanka’s journey of digital growth. The prestigious report, Digital Outlook Sri Lanka, captures this evolution. It’s a collective effort by the Asia…
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.…
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…
Sri Lanka Tourist Arrivals Top 600,000 in First Quarter
Sri Lanka’s tourism sector has seen impressive growth, surpassing 600,000 visitors in early 2024. This achievement marks a significant recovery for the island’s travel industry. By March 27th, 608,475 tourists…
ADB Approves USD100 Mn Loan to Bolster Sri Lanka SMEs
Small and medium enterprises (SMEs) are the backbone of many economies. In Sri Lanka, 75% of SMEs struggle to get the funds they need to grow. To change this, the…
AN ASSESSMENT OF THE LOSS ARISING FROM THE BOND SCAM
(I) BACKGROUND TO THIS REPORT Over the past thirty two months, various inquiries, investigations and judicial processes in relation to Sri Lanka’s biggest-ever economic scandal, the Bond Scams of February 2015…
Find solutions in Sri Lanka power crisis without disrupting lives
In the midst of a situation where the nation is facing a looming power crisis The Head of State met with the chiefs of Power and Energy sectors at the…
Sri Lanka rupee appreciates against Ruble
ECONOMYNEXT The Sri Lankan rupee was badly hurt by liquidity injections and has risen sharply to 2.36 rupees for the Russian ruble, up from 2.66 earlier this week, following Vladimir…
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…
New MOU Boosts Support for Sri Lankan Inventors
Supporting inventors can lead to big changes for local economies. This is especially true for industries ready for new ideas, like the rubber industry. Sri Lanka’s University of Sri Jayewardenepura…
Expolanka Welcomes New Leadership Team
In an industry where risks are huge, Expolanka Holdings PLC has stepped up. It announced a big change in leadership. Welcoming Bokuto Yamauchi as the new CEO and President, Expolanka…
President Reviews CBSL Salary Hike Decision
In a country where the average monthly household income is modest, the CBSL staff’s proposed salary hike surprises many. President Ranil Wickremesinghe, also serving as Finance, Economic Stabilisation, and National…
$15 Billion Digital Economy: Budget Goals Unveiled
The Sri Lankan government has big plans. Their current budget aims to kick-start a digital transformation. They envision creating a strong $15 billion digital economy. Government funds are being channeled…
World Bank New Partnership Plan for Sri Lanka Recovery
The poverty rate in Sri Lanka jumped from 13.1% to 25% within a year. This makes the new plan from the World Bank a sign of hope for recovery. On…































