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NSBM Signs Strategic Loan Agreement with BOC to Accelerate Phase II University Development 

NSBM Green University has signed a strategic loan agreement with the Bank of Ceylon (BOC) to support the ongoing Phase II development of its Homagama campus in a...

Sri Lanka Moves toward Gaming Reform with Cabinet Nod to Regulatory Bill

In a decisive move hailed by policy think tank Advocata Institute, the Sri Lankan Cabinet has given overwhelming approval to the proposed Gambling Regulatory...

Govt Fast-Tracks SOE Reforms with New Legislation Backed by IMF

The government is moving swiftly to overhaul State-Owned Enterprises (SOEs) through a new Public Commercial Businesses Bill, designed to improve management, enforce financial discipline,...

Sri Lanka’s Foreign Reserves Drop by USD 205 Million in April Amid Debt and Liquidity Challenges

Sri Lanka’s gross official foreign exchange reserves declined by USD 205 million in April 2025, falling to USD 6.33 billion from USD 6.53 billion...

Government Seeks Proposals for 100 MW Wind Energy Project amid Green Energy Push

In pursuit of its ambitious goal to generate 70% of its electricity from renewable sources by 2030 and achieve carbon neutrality by 2050, Sri...

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