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Sri Lanka outstanding credit card balance declines in May

Sri Lanka’s outstanding credit card balance slipped in May after rising in April in a sign that people are still reluctant to use credit...

52 key SOEs record net profits of  Rs.185 billion in first four months of 2024

Sri Lanka’s State-Owned Enterprises (SOEs) that come under harsh criticism for their financial inefficiencies have reported “robust performance” in the first four months of...

Supreme Court flags constitutional conflicts in two economic reform bills 

Supreme Court flags constitutional conflicts in two economic reform bills  Sri Lanka’s attempt of enduring a legislative transformation by introducing a series of new laws...

India supplements Transit Housing  Project at Madhu Shrine, with additional funds of Rs100 million 

July 03, Colombo (LNW): India is to provide an additional grant of Rs.100 million to complete the Low Cost Transit Housing Construction Project at...

GMOA Elects New Office-Bearers for 2024/2025, Vows to Strengthen Health Service

July 03, Colombo (LNW): The Government Medical Officers Association (GMOA) has announced its newly elected office-bearers for the year 2024/2025, committed to making...

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Sri Lanka’s Banks Show Strength on Paper as Reserves Slip Backward

Sri Lanka’s banking sector, long considered the backbone of...

Colombo Port Gridlock Threatens Sri Lanka’s Export Competitiveness

Sri Lankan exporters are once again facing mounting uncertainty...

Manufacturing and Services Sectors Sustain Growth in August amid Challenges

Sri Lanka’s business sector displayed resilience in August 2025,...

Sri Lanka’s graphite sector struggles with output, licensing, and lost potential

Sri Lanka, home to some of the world’s highest-quality...

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