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Sri Lanka’s PMI Shows Growth in Manufacturing and Services Sectors in January 2025

Sri Lanka’s Purchasing Managers’ Index (PMI) for January 2025 recorded growth in both the manufacturing and services sectors, reflecting positive economic momentum, according to the latest report by the Central Bank...

Sri Lanka’s Island-Wide Power Failure: Causes and Preventive Measures

The Ceylon Electricity Board (CEB) has attributed the recent nationwide power outage to the high penetration of non-synchronous solar photovoltaic (PV) energy, which reduced...

Lankan Angel Network Gears Up in Transformative 2025 for startups  

As Sri Lanka’s start-up ecosystem continues to evolve, the Lankan Angel Network (LAN) remains at the forefront, fostering innovation, investment, and collaboration. Since its...

SL Govt Budget Expenditure Surpasses Rs. 7 Trillion despite Cost-Cutting Promises

President and Finance Minister Anura Kumara Dissanayake presented the first Budget under the National People's Power (NPP) Government for the 2025 financial year, emphasizing...

Budget 2025 Sparks Widespread Criticism over Unmet Expectations

.The 2025 Budget, presented by President and Finance Minister Anura Kumara Dissanayake on February 17, has faced widespread criticism from trade unions and industry...

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