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New Dhal Factory Challenges Sri Lanka’s Import Dependence
The inauguration of Omega Traders’ new dhal-processing facility in Wattala has opened a wider question for Sri Lanka’s food economy: how much value can...
New Kolonnawa Oil Tanks Targeted for Operation Within One Year
The Government is targeting the completion and commissioning of six newly constructed oil storage tanks at the Kolonnawa Oil Storage Complex within one year,...
Sri Lanka, Indonesia to Sign Five-Year MoU on Bilateral Consultations
The Cabinet of Ministers has approved a proposal for Sri Lanka and Indonesia to sign a Memorandum of Understanding (MoU) on Bilateral Consultations, which...
Electric Railway Could Become Major Power Consumer, Minister Says
The proposed electric railway project is expected to require a significant amount of electricity and could emerge as one of Sri Lanka’s largest power...
CBSL Freezes Assets of Six Companies, Directors Over Alleged Unauthorized Finance Activities
The Central Bank of Sri Lanka (CBSL) has imposed freezing orders on six companies and their directors under Section 44 of the Finance Business...