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Central Bank sells family gold to battle foreign exchange crisis

The Central Bank has partly sold the country’s gold reserves as it battles the ongoing foreign exchange crisis to boost liquid reserves. Central Bank Governor,...

Govt. to import rice from Myanmar pushing the country into crop crisis

The economically troubled Sri Lanka banned chemical fertilizers without a proper plan for green farming and neglecting the preparation of farmers, prompting a surge...

Bill and Melinda Gates Foundation to assist Sri Lanka

The Bill and Melinda Gates Foundation (BMGF) has offered to assist Sri Lanka in the development of Farmer Data Management Systems and Digital Strategy. The...

South Korea agrees to set up a special investment zone in Sri Lanka

South Korea has agreed to set up a special investment zone in Sri Lanka and provide enhanced dollar assistance from its EXIM Bank and greater development...

Bangaluru & San Francisco Headquartered Algonomy to Acquire Local Tech Firm Linear Squared

Bangaluru & San Francisco Headquartered Algonomy to Acquire Local Tech Firm Linear Squared

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Sri Lanka Gears Up to Lead South Asia’s FinTech Future with Landmark 2025 Summit

Sri Lanka is poised to take a bold leap...

Saudi Fund Restructures over SAR 517 Million in Loans to Aid Sri Lanka’s Debt Recovery

In a significant boost to Sri Lanka's ongoing debt...

GovPay Set to Digitally Transform 150 Sri Lanka State Institutions by 2025

Sri Lanka is accelerating its digital transformation agenda, with...

Apparel Exports to US Face Major Setback as Retail Sales Dip and Tariff Threat Looms

Sri Lanka's apparel industry is facing renewed pressure amid...

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