Government uses urges insurers to expedite Ditwah-related settlements
Industry regulator IARIT HAS have urged insurers to expedite Ditwah-related settlements, Fitch Ratings has said that the exposure to flood and landslide risks were in fact limited.
Continue Reading
Govt Raises Rs.10bn from First 5G Auction
The Government has raised about Rs. 10 billion through Sri Lanka’s first commercial 5G spectrum auction,
Continue Reading
District-level plans reviewed under ‘Rebuilding Sri Lanka’ programme
A special review meeting was held yesterday (20) at the Presidential Secretariat to assess district-level plans implemented under the ‘Rebuilding Sri Lanka’ programme and to examine challenges encountered in restoring public livelihoods.
Continue Reading
Shield Opens Advanced Safety Manufacturing Plant at Wathupitiwala EPZ
Shield Restraint Systems Ltd. has officially opened a state-of-the-art manufacturing facility at the Export Processing Zone in Wathupitiwala, Nittambuwa, marking a new foreign investment in Sri Lanka’s export manufacturing sector.
Continue Reading
Cyclone Damage Threatens Vegetable Supply, Prices
Sri Lanka’s vegetable cultivation sector is under growing strain after the recent cyclone damaged an estimated 7,000 to 8,000 hectares of vegetable-growing land,
Continue Reading
Sri Lanka will procees with a Rs. 500 billion supplementary estimate
Sri Lanka will proceed with a Rs. 500 billion supplementary estimate for post-Cyclone Ditwah recovery without increasing public debt or breaching borrowing limits,
Continue Reading
World Bank Approves $50m Boost for Sri Lanka Digitisation
The World Bank has approved a US$50 million project to support Sri Lanka’s digital transformation, aiming to modernise public services, strengthen governance, and boost the technology sector.
Continue Reading
Imports Versus Assembly: A Test for Sri Lanka’s Industrial Policy
Sri Lanka’s automobile market is entering a decisive phase as the post-ban import boom gives way to a likely slowdown,
Continue Reading
Bonds Planned to Fund Cyclone Reconstruction
Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah,
Continue Reading
GovPay Crosses Rs. 2 Billion as Disaster Costs Rise
Sri Lanka’s Government Digital Payment Platform, GovPay, has surpassed Rs. 2 billion in total transaction value in 2025, marking rapid adoption amid rising fiscal pressures from recent cyclone-related disasters, the Ministry of Digital Economy said.
Continue Reading