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.
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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,
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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.
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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,
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Bonds Planned to Fund Cyclone Reconstruction
Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah,
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Imports Boom, Local Plants at Risk
Sri Lanka’s vehicle import surge that powered record tax revenues in 2025 is losing steam, and industry leaders warn the fallout could hit domestic manufacturers hard.
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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,
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IT-BPO Exports Dip as Salary Growth Moderates
Sri Lanka’s technology services sector is entering a phase of wage stabilisation as firms move away from crisis-era salary hikes,
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Tourist Arrivals Rise, Earnings Flat in Year-End 2025
Sri Lanka recorded a year-on-year increase in tourist arrivals in November–December 2025, but foreign exchange earnings remained largely flat, according to provisional SLTDA and Central Bank estimates.
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Sri Lanka Remittances Hit Record US$7.2bn in 11 Months
Sri Lanka’s worker remittances surged to a record US$7.2 billion in the first 11 months of 2025, surpassing the previous annual high set in 2017,
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