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US military provides aircraft equipment to Sri Lanka Air Force

The Sri Lanka Air Force is set to receive aircraft loading and refuelling equipment from the Department of Defense in 2023 under the Building Partner Capacity Program

EU and UNIDO grant over US$ 40 m for SL industry sustainability

Sri Lanka the United Nations Industrial Development Organisation (UNIDO) Representative in Sri Lanka Dr. Rane Van Berkel said

Govt tax revenue rises to over Rs 790 billion owing to new reforms

Government tax revenue raised via taxes rose by 24.6 percent to Rs.798.8 billion in the six months this year

Sri Lanka’s private hydro power sector risks an imminent shutdown

Sri Lanka’s privately owned hydro power sector risks an imminent shutdown with virtually all cash-flows drying up as a result of Ceylon Electricity Board’s failure

SL still awaits for compensation of at least US$ 10 billion for X-Press Pearl sinking

More than a year since the sinking of the cargo ship the X-Press Pearl

Breaking

Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled

Nearly seven months after Cyclone Ditwah devastated Sri Lanka...

Productive Sectors Lose Credit Share as Economic Recovery Faces Questions

Sri Lanka’s latest banking statistics reveal a significant change...

NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience

National Development Bank PLC (NDB) has reported a recovery...

One Year without Trial? Detention Powers Raise Alarms

Sri Lanka’s proposed Prevention of Organised Crimes Bill (OCB)...
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