President Leads Second EDCM, Accelerating Progress Toward USD 36 Bn Export Target

Sri Lanka Achieves 6.88% Export Growth in H1 2025, Records Significant Progress on Key Trade Facilitation Initiatives His Excellency President Anura Kumara Dissanayake yesterday (August 12, 2025) chaired the Second Export Development Council of Ministers Meeting (EDCM) at the Presidential Secretariat, marking significant milestones in Sri Lanka’s ambitious journey toward achieving USD 36 billion in […]

Opinion: Are Residential apartments the best asset class in town?

By The Research Intelligence Unit, Colombo It was said many years ago that Sri Lankans would never take to apartments because indigenous values demanded dwellings to have gardens, be accommodating to continuous refurbishments and for properties to be transferable from one generation to the next.  Over the past two decades, we have witnessed the complete […]

New Livestock Insurance Scheme to Be Launched to Protect Sri Lankan Leopards

The United Nations Development Programme (UNDP) in Sri Lanka under its Biodiversity Finance Initiative (BIOFIN) together with the Wildlife and Nature Protection Society (WNPS) and LOLC, under the guidance of the Department of Wildlife Conservation is launching a groundbreaking “Livestock Insurance Scheme in Sri Lanka.  This initiative aims to reduce retaliatory killings of the endangered Sri […]

National Program for Developing 1000 Entrepreneurs

The “National Program for Developing 1000 Entrepreneurs” is an innovative initiative aimed at empowering the SME sector in Sri Lanka by enhancing the knowledge, skills, productivity, and export capacity of entrepreneurs, thereby contributing to the strengthening of the national economy. This program is being implemented by the Ministry of Industry and Entrepreneur Development in collaboration […]

Synamon Global’s Seacucumber Symposium 2025 in Jaffna

By Jekhan Aruliah The Seacucumber Symposium in Jaffna, sponsored by the US based investment organisation Synamon Global, brought together many diverse opinions to share and enhance knowledge and understanding. Academics and entrepreneurs gave their opinions and advice, occasionally in heated fashion. Thus achieving Synamon Global’s objective, to make the seacucumber industry a powerful sustainable and […]

‘Invest Sri Lanka’ forum to be held in Singapore to boost foreign investment

The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, are conducting an ‘Invest Sri Lanka’ Investor Forum in Singapore on 12 th August 2025. Building on the momentum of the successful foreign investor forum held in Colombo during March this year, the […]

TikTok releases Q1 2025 community guidelines enforcement report

TikTok has released its Q1 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from January to March 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experiencefor its […]

Sri Lanka expresses deep concern over the decision of Israel

Sri Lanka expresses deep concern over the decision by Israel to seize control of Gaza, which will lead to further escalation of violence and suffering of the people of Gaza. Sri Lanka calls for an immediate ceasefire and urges all parties to resolve differences through diplomatic dialogue in order to establish sustainable peace. Ministry of […]

President Vows to Keep Vehicle Imports Open for Sri Lankan Market

President Anura Kumara Dissanayake has announced that there will be no further tax increases or restrictions on vehicle imports. In a stern message, he also criticized those spreading rumors for creating “unnecessary panic” and putting “pressure on the dollar.” Addressing the Parliament, the President sought to provide stability and confidence to the local automotive market […]

‘s Ultra-Rich to Vegas of South Asia

By Jithendra Antonio In a transformative declaration that reverberates through South Asia’s economic corridors, gaming tycoon Lawrence Ho’s recent bold proclamation at the August 2025 launch of the US $1.2 billion City of Dreams Sri Lanka has crystallized what many strategic analysts have long envisioned. According to Ho’s statement at the City of Dreams launch […]

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