Board of Investment to Launch 7 New Investment Zones in 2025
The Board of Investment (BOI) of Sri Lanka has announced plans to establish seven new investment zones across the country this year,
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Estate Lake facilitates Colombo’s largest property deal valued at Rs. 4.5 bn
Estate Lake Real Estate yesterday said it facilitated a historic transaction valued at Rs. 4.5 billion for Home Lands Holding, marking the largest recorded real estate deal in Colombo’s history.
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National Audit (Amendment) Bill to give Auditor General more powers
The Parliament Secretariat yesterday said the National Audit (Amendment) Bill scheduled to be debated in Parliament received the approval of the Sectoral Oversight Committee on Governance,
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Arugambay tourism boom sparks law, safety and infrastructure concerns
Arugambay, Sri Lanka’s world-famous surfing paradise, has once again entered peak season,
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CIABOC probes Melwa Group & RS Steel bigwigs over scrap metal
An investigation has been initiated into the heads of Melwa Group and RS Steel over allegations that they had attempted to procure around 6,000 MT of scrap metal,
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Sri Lanka’s MetroCorp raises stake in NDB
Sri Lanka’s MetroCorp, which has interests in office automation, renewable energy, leisure and infrastructure, has raised its stake in National Development Bank to 4.7 percent,
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Tourist Arrivals Surge as Sri Lanka Tops World Beauty Ranking”
Sri Lanka has been crowned the most beautiful island in the world for 2025 by global travel authority Big 7 Travel,
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Government Grapples to Revive Coconut Exports by 2026
News of the Day
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Sri Lanka’s economy expands in July
Sri Lanka’s economy showed robust growth in July 2025, with both the Manufacturing and Services sectors recording strong expansions, according to the latest Purchasing Managers’ Index (PMI) reports. The Manufacturing PMI rose to 62.2 in July from 51.9 in June, reflecting broad-based expansion. New orders climbed to 67.5 and production to 66.5, driven by strong activity in textiles, apparel, and …
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Long-Delayed Dairy Project in Gampaha to Resume
A long-stalled dairy-based production project in Badalgama, Gampaha, is set to be completed soon, according to Milco Chairman V.J.H. Gothabaya.
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