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US $ 30 Million IFC Loan Boosts Sri Lanka’s Clean-Energy Drive

In a significant step toward advancing Sri Lanka’s energy transition, the International Finance Corporation (IFC) is poised to extend a US $ 30 million...

CPC’s Mid-2025 Slump amid Rising Debt and Fuel Sector Rivalry

In the first half of 2025, Ceylon Petroleum Corporation (CPC) saw its net profit drop by 17.9 % to Rs. 17 billion, down from...

Port City Colombo Gains Investor Momentum amid Costly Delays

The ambitious Port City Colombo project stands at a defining crossroads  marked by rising investor confidence and visible commercial traction, yet shadowed by structural...

Revenue Surge or Burden Shift in Budget 2026: Tax Reforms under IMF Lens

President Anura Kumara Dissanyake is to unveil its 2026 Budget today under the theme of “achieving a Productive Economy and fostering the engagement of...

EU and Germany Commend Success of SCOPE Programme in Advancing Social Cohesion in Sri Lanka

The European Union (EU) and Germany reaffirmed their commitment to promoting unity and reconciliation in Sri Lanka, as the Strengthening Social Cohesion and Peace in Sri Lanka (SCOPE) programme officially...

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