Nine Sri Lanka banks have applied to, and Bank of China has expressed interest in, setting up branches within the special economic zone, Chief Operating Officer of the Colombo Port City Economic Commission Revan Wikramasuriya said.
Sri Lanka’s tea exports in July 2024 reached 21.35 million kilograms, marking a decline of 1.42 million kilograms compared to the same month in 2023, according to data from Sri Lanka Customs.
SLT-MOBITEL, the National ICT Solutions Provider, has reported moderate revenue growth for the first half of 2024, while demonstrating savings through cost management initiatives.
Sri Lanka has implemented various social protection schemes since independence. However, social protection was neither conceptualized nor managed as a single sector, as a result of which there has been no holistic national vision, policy, or strategy for social protection.
Sri Lanka's Gross Official Reserves (GOR) have increased to USD 5.7 billion by the end of June 2024, up from USD 4.4 billion at the end of 2023.
The country’s Manufacturing and Services sectors in July have expanded as per the Purchasing Managers’ Index (PMI), its compiler the Central Bank said.
Panasian Power PLC said this week that Group companies have entered into Power Purchase Agreements (PPAs) for five 5MW ground mounted solar PV projects in the Galle, Anuradhapura, Ampara, Maho, and Matara Grid Substations effective 15 August.
The latest decision by the Cabinet to increase the salary of public sector employees by Rs.25, 000 from 2025 could have a serious influence on the free vote of the government workers in the Presidential Election, the independent observers have complained to the Election Commission.
Bandaranaike International Airport (BIA) yesterday announced the launch of a new luxury shuttle service, aimed at offering passengers and visitors a premium travel experience.