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Tea Exports from Sri Lanka Hit 11-Year High in Q1 Despite Rupee Dip

Sri Lanka’s tea export earnings in the first quarter of 2025 climbed 5% year-on-year (YoY) to $370.9 million, marking the highest Q1 performance in...

Port City Colombo Poised to Become South Asia’s Fintech Powerhouse

Port City Colombo is being positioned as a leading fintech hub in South Asia, aiming to attract global investment, foster startup innovation, and integrate...

Sri Lanka Seeks New Funding as USAID Halts Assistance to Key Development Projects

 The Sri Lankan government is urgently seeking alternative funding for over a dozen projects previously supported by the United States Agency for International Development...

New Tax Policy Threatens Growth of Sri Lanka’s IT and Freelance Service Exports

Sri Lanka's service export sector, especially its IT and freelance industries, is facing a significant challenge following the introduction of a 15% tax on...

India and Pakistan Escalate Tensions Following Deadly Pahalgam Attack

India has taken a series of strong diplomatic and strategic measures in response to the deadly Pahalgam attack, which claimed the lives of 26...

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