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Sri Lanka’s Fabric Sector Feels Global Squeeze despite Resilient Profit Margins

BUSINESS Radi -
By: Staff Writer August 06, Colombo (LNW): Sri Lanka’s textile and fabric manufacturing sector is facing subdued global demand and declining production volumes, even as some...

CIABOC Warns Top State Officials: Submit Asset Declarations by August 31 or Face Penalties.

BUSINESS Radi -
By: Staff Writer August 06, Colombo (LNW): The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has issued a final warning to all Executive Grade...

Sri Lanka Sees Highest Tourist Arrivals since 2018, But Misses July Target

BUSINESS Radi -
By: Staff Writer August 06, Colombo (LNW): Sri Lanka recorded 200,244 tourist arrivals in July 2025, marking a 7% year-on-year (YoY) growth and the highest monthly arrivals...

Amid BYD Tax Evasion Drama, Legal Battle Over ‘City of Dreams’ Casino Begins: Developer Seeks Rs. 15 Bn in Damages

BUSINESS MIAP -
Amid BYD Tax Evasion Drama, Legal Battle Over ‘City of Dreams’ Casino Begins: Developer Seeks Rs. 15 Bn in Damages

Singer Sri Lanka serves as official retailer for Starlink internet services

BUSINESS MIAP -
Singer Sri Lanka serves as official retailer for Starlink internet services
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Social Security Contribution Levy on Vehicles to Be Collected at Import or Manufacture Stage from April 2026

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The government has proposed a change in the method...

Prime Minister Meets Nippon Foundation Chair Yohei Sasakawa to Discuss Education and Social Inclusion Initiatives

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 The Nippon Foundation Chair Yohei Sasakawa paid a courtesy call on...

JAT’s Rs. 800 Million Global Leap with Mirotone Takeover

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In a strategic move to strengthen its global presence,...

France Commissions Two Cable Ships to Be Built in Sri Lanka to Boost Global Connectivity

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Colombo, November 5 – The Embassy of France in Colombo has announced...

President Dissanayake Announces Major Public Sector Reforms and Benefits in 2026 Budget

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Colombo, November 7 – President Anura Kumara Dissanayake announced that the state administrative...

Ape Janabala Party Extends Support to NPP-Led Government

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The Ape Janabala Party (Our Power of People Party) has announced...

Debate on 2026 Budget Commences in Parliament Today

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The debate on the Second Reading of the Appropriation...

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