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The Congress of Arabic and Creative Industries brings fresh wave of talent, ideas and innovation to Abu Dhabi

The Congress of Arabic and Creative Industries brings fresh wave of talent, ideas and innovation to Abu Dhabi

From September 14 and 15, Etihad Arena will host the fourth Congress of Arabic and Creative Industries, organised by the Arabic Language Centre, part of the Department of Culture and Tourism Abu Dhabi (DCT Abu Dhabi). This year’s theme, Arabic...

Sri Lanka rupee weaker against dollar, bond yields broadly steady

Sri Lanka rupee weaker against dollar, bond yields broadly steady

ECONOMYNEXT – Sri Lanka’s renewable power, helped by state-run Ceylon Electricity Board, hydro power and new private renewable power including rooftop solar topped 64.4 percent in May 2025, sharply up from 48.3 percent a year ago, official data...

Sri Lanka renewable power tops 64-pct in May 2025

Sri Lanka renewable power tops 64-pct in May 2025

ECONOMYNEXT – Sri Lanka’s renewable power, helped by state-run Ceylon Electricity Board, hydro power and new private renewable power including rooftop solar topped 64.4 percent in May 2025, sharply up from 48.3 percent a year ago, official data...

Sri Lankan Garment Sector to Gain Boost with UK’s Liberalised Trade Rules from 2026

Sri Lankan Garment Sector to Gain Boost with UK’s Liberalised Trade Rules from 2026

Sri Lankan garment manufacturers are set to gain unprecedented access to UK markets under new liberalised trade rules coming into effect in early 2026. The reforms will allow manufacturers to source up to 100 percent of garment inputs from any...

Sri Lanka’s Coconut Industry Faces Policy Vacuum amid Falling Prices

Sri Lanka’s Coconut Industry Faces Policy Vacuum amid Falling Prices

Sri Lanka’s coconut industry, a key pillar of its agricultural economy, is facing renewed challenges as prices fell at the latest weekly auction, despite a modest recovery in production earlier this year. According to Coconut Development Authority...

Guardiola will be spoilt for choice in hunt for new managerial position

Guardiola will be spoilt for choice in hunt for new managerial position

From his rented family apartment overlooking Central Park on Manhattan's upper west side, Pep Guardiola has watched the seasons turn. The stifling heat of the New York summer gave way to a changing palette of the autumn foliage: reds, oranges,...

Rising job insecurity in Thailand as firms reduce full-time roles

Rising job insecurity in Thailand as firms reduce full-time roles

Rising job insecurity in Thailand as firms reduce full-time rolesThailand’s National Economic and Social Development Council (NESDC) has sounded the alarm over growing unemployment risks as businesses increasingly restructure and reduce permanent...

Thailand to Hire 10,000 Sri Lankan Workers

Thailand to Hire 10,000 Sri Lankan Workers

COLOMBO (News 1st); Thailand’s Cabinet has approved the recruitment of 10,000 Sri Lankan workers to address a growing labour shortage caused by the mass return of Cambodian workers following a deadly border conflict between the two nations....

Sri Lanka to launch digital fertilizer subsidy program for farmers

Sri Lanka to launch digital fertilizer subsidy program for farmers

Posted by Editor on August 19, 2025 - 1:45 pm The Cabinet of Ministers in Sri Lanka has approved a new proposal to implement the fertilizer subsidy program through a digital system. The government said the move is aimed at ensuring farmers receive...

From ports to power: Sri Lanka’s 20-year journey in foreign investment (2004–2024)

From ports to power: Sri Lanka’s 20-year journey in foreign investment (2004–2024)

From 2004 to 2024, Sri Lanka’s FDI journey has been a mix of bold ambition, uneven execution, and political shifts When Sri Lanka opened its economy in 1977, the vision was to turn a small island into a nimble hub for global trade. But it’s in the...

Sri Lanka Cabinet approve Maga for first stage of Central Express Highway

Sri Lanka Cabinet approve Maga for first stage of Central Express Highway

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved the first stage of the delayed Central Express Highway’s third phase after competitive bidding, Cabinet Spokesman and Media Minister Nalinda Jayatissa said. The delayed third phase is now...

Sri Lanka passes bill to set up Casino regulator

Sri Lanka passes bill to set up Casino regulator

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved the first stage of the delayed Central Express Highway’s third phase after competitive bidding, Cabinet Spokesman and Media Minister Nalinda Jayatissa said. The delayed third phase is now...

Steep 50% tariff on Indian goods entering US from Aug 27; to impact labour-intensive sectors

Steep 50% tariff on Indian goods entering US from Aug 27; to impact labour-intensive sectors

New Delhi: The steep 50 per cent tariff on Indian goods entering the United States will take effect from August 27, severely impacting several labour-intensive export sectors such as shrimp, apparel, leather and gems & jewellery. The high...

Sri Lanka’s IT Growth and ‘Five Weapons’ for Economic Recovery

Sri Lanka’s IT Growth and ‘Five Weapons’ for Economic Recovery

By:Staff Writer August 19, Colombo (LNW): Sri Lanka’s Information Technology (IT) industry is emerging as a key driver of economic transformation, while policymakers call for bold strategies to secure long-term recovery after years of financial...

Sri Lanka Gains Global Recognition for Investor Relations Efforts

Sri Lanka Gains Global Recognition for Investor Relations Efforts

By:Staff Writer August 19, Colombo (LNW): Sri Lanka is intensifying its push to attract foreign investment as part of its economic recovery, earning international recognition for its progress in 2025. The Institute of International Finance (IIF),...

Adani Ports Breaks Ground On Logistics Park In Kochi, Inaugurated By Kerala CM

Adani Ports Breaks Ground On Logistics Park In Kochi, Inaugurated By Kerala CM

Adani Ports and Special Economic Zone Ltd. (APSEZ) has commenced construction of the Adani Logistics Park in Kalamassery, Kochi, with a groundbreaking ceremony inaugurated by Kerala Chief Minister Pinarayi Vijayan. The project is being developed...

Adani Ports kicks off logistics park in Kalamassery under ‘Invest in Kerala’ Initiative

Adani Ports kicks off logistics park in Kalamassery under ‘Invest in Kerala’ Initiative

Kalamassery (Kerala) [India], August 23 (ANI): Adani Ports and Special Economic Zone Ltd. (APSEZ) has commenced construction of the Adani Logistics Park in Kalamassery, Kochi, with a groundbreaking ceremony inaugurated by Kerala Chief Minister...

Trump's 50% Tariff Shock: With $60 Billion and Jobs at Stake, Can Indian Exporters Survive the Storm?

Trump's 50% Tariff Shock: With $60 Billion and Jobs at Stake, Can Indian Exporters Survive the Storm?

The US will impose a steep 50% tariff on Indian goods from August 27, hitting exports worth $60.2 bn. Sectors like textiles, shrimp, gems & jewellery face job losses, with experts warning of a 43% plunge in shipments to America. The United...

Sri Lanka’s demand for US soybean meal continues to grow

Sri Lanka’s demand for US soybean meal continues to grow

Back 19 Aug 2025 The US exported around USD 127.93 million worth of soybean meal to Sri Lanka in 2024 with a total volume of 277,111 tons, according to the USDA Foreign Agricultural Service (FAS). This makes Sri Lanka a significant importer of US...

HNB official banking partner for Sri Lanka Coffee Festival 2025 

HNB official banking partner for Sri Lanka Coffee Festival 2025 

HNB Managing Director/CEO Damith Pallewatte (centre) with other officials at Sri Lanka Coffee Festival 2025 HNB PLC has announced its continued support of the island’s growing coffee industry as the official banking partner of the Sri Lanka Coffee...

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