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Why investors are reluctant to come to Sri Lanka despite incredible potential

Why investors are reluctant to come to Sri Lanka despite incredible potential

To become a true investment hub, Sri Lanka must act quickly to restore institutional credibility, revive key sectors like construction, and signal long-term investment stability In recent months, a striking pattern has emerged at regional investor...

India-Sri Lanka livestock meet eyes joint R&D, trade co-operation

India-Sri Lanka livestock meet eyes joint R&D, trade co-operation

Divya Kumar Gulati, Chairman, CLFMA of India addressing the India-Sri Lanka Livestock meet in Colombo recently In a move aimed at strengthening regional cooperation in the livestock and poultry sectors, the CLFMA of India in association with the...

Tamil Nadu CM inaugurates 700 new housing units for Sri Lankan Tamils

Tamil Nadu CM inaugurates 700 new housing units for Sri Lankan Tamils

Chief Minister MK Stalin on Monday inaugurated 729 newly built houses, constructed at a cost of Rs 38.76 crore, in Sri Lankan Tamils’ rehabilitation camps across five districts of the state, via video conference from the Secretariat. Minister for...

Local industries demand for overhaul of e-commerce rules

Local industries demand for overhaul of e-commerce rules

Courier Express Parcel Association of Sri Lanka Vice President Sanjay Samarasinghe / Sri Lanka Apparel Brands Association Immediate Past President Yasotharan Paramanantham -Pix by Ruwan Walpola CEPAC Vice President Sanjay Samarasinghe praises Sri...

Campus Activewear partners with Signature menswear to enter the Sri Lankan market

Campus Activewear partners with Signature menswear to enter the Sri Lankan market

Image Courtesy: Campus Activewear Footwear brand, Campus Activewear has expanded its base by foraying into the Sri Lankan market. The brand made inroads with a Signature menswear partnership – the menswear brand that operates under Sri Lanka’s...

Wijepala claims Pillayan had prior knowledge of Easter Sunday attacks

Wijepala claims Pillayan had prior knowledge of Easter Sunday attacks

Sri Lanka’s estimated poverty (share of the population living on less than $3.65 a day) remains stubbornly high, affecting as much as a quarter of the population in 2024, and twice as high as in 2021. The reversal in poverty reduction gains during...

ReviewWhat's new at the refreshed Relais & Chateaux Cape Weligama, Sri Lanka

ReviewWhat's new at the refreshed Relais & Chateaux Cape Weligama, Sri Lanka

On Sri Lanka's southern coastline, Cape Weligama, a Relais & Chateaux resort, has been welcoming guests for more than a decade and recently completed a refresh to mark its 10th anniversary. Additions include a secluded bay, more interconnecting...

Sri Lanka and Indo-Pacific maritime strategies

Sri Lanka and Indo-Pacific maritime strategies

Address delivered by General Secretary of the Communist Party of Sri Lanka Dr. G. Weerasinghe at the commemoration of the party’s 82 anniversary of the party. We take this opportunity to pay tribute to the founding leaders of our party, Dr. S.A....

Sri Lanka’s new VAT framework for Non-Resident Digital Services: What you need to know

Sri Lanka’s new VAT framework for Non-Resident Digital Services: What you need to know

The IRD reserves the right to enforce stringent collection measures for outstanding VAT liabilities, with continuous non-compliance potentially leading to service restrictions or blacklisting within Sri Lanka. This underscores the profound...

Sri Lankan banking leaders join AIA Bancassurance Summit 2025 in Beijing

Sri Lankan banking leaders join AIA Bancassurance Summit 2025 in Beijing

From left: AIA Sri Lanka Director and Chief Partnership Distribution Officer Senaka Rajapakse, NDB Bank Director and CEO Kelum Edirisinghe, AIA Group Chief Executive and President Lee Yuan Siong, Commercial Bank of Ceylon Managing Director and CEO...

Germany, Sri Lanka discuss healthcare reforms and investment opportuni

Germany, Sri Lanka discuss healthcare reforms and investment opportuni

Martin Klose, Chief Delegate of the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka), held high-level talks with Health Minister Nalinda Jayatissa to explore solutions for strengthening Sri Lanka’s healthcare system. Klose...

Lufthansa Cargo strengthens regional logistics with Beirut service

Lufthansa Cargo strengthens regional logistics with Beirut service

Lufthansa Cargo has expanded its Middle East footprint with the launch of a new A321 freighter service to Beirut. The aircraft touched down at Beirut–Rafic Hariri International Airport for the first time on July 4 and will now operate a weekly...

Exporters warn against ‘backdoor charges’, urge government to uphold transparent trade practices

Exporters warn against ‘backdoor charges’, urge government to uphold transparent trade practices

The Joint Chambers of Commerce urged the Government of Sri Lanka to engage in meaningful consultation with all recognized industry chambers before making decisions that directly impact trade, exports, and the wider economy. The call comes in...

Sri Lanka-India Power Link Moves Ahead with Key Grid Connectivity Plans

Sri Lanka-India Power Link Moves Ahead with Key Grid Connectivity Plans

By: Staff Writer July 06, Colombo (LNW): Sri Lanka’s long-standing ambition to link its power grid with India has entered a decisive stage, as the much-deliberated electricity interconnection project gains momentum. The move is expected to bolster...

Is Sri Lanka ready for the long road to sustained recovery?

Is Sri Lanka ready for the long road to sustained recovery?

Transitioning from stabilisation to long-term growth requires a bold, forward-looking agenda to promote growth enhancing structural reforms Introduction In my article “Is Sri Lanka’s recovery sustainable?” published in the Daily FT on 18 January...

Donald Trump has vowed to impose a 50% tariff on Brazilian goods

Donald Trump has vowed to impose a 50% tariff on Brazilian goods

Donald Trump has vowed to impose a 50% tariff on Brazilian goods, accusing the South American nation of undermining free speech, a move that significantly escalates tensions between the US and Brazil. On Truth Social, Trump unleashed a scathing...

Lenovo powers into AI decade: Transforms everyday tech in Sri Lanka

Lenovo powers into AI decade: Transforms everyday tech in Sri Lanka

From left: Lenovo India Director and Category Head Ashish Sikka, Director – Consumer Business Dinesh Nair, and General Manager – Overseas, Consumer, Commercial and Tablets Naveen Kejriwal With over two decades of presence in Sri Lanka, Lenovo is...

Bootstrapped Sri Lankan start-up Connect Ville enters event tech space

Bootstrapped Sri Lankan start-up Connect Ville enters event tech space

Founder Dumidu Thabrew With disruptive technology, eyes seed round A new contender has officially entered the event technology arena. Connect Ville, a bootstrapped Sri Lankan start-up, has launched its innovative event management and lifestyle...

To save its famed tea, Sri Lanka must look to the soil

To save its famed tea, Sri Lanka must look to the soil

Embracing regenerative agriculture is not merely a feel-good idea or a corporate social responsibility initiative; it is a smart and necessary economic strategy. At its core, it directly confronts the industry’s most pressing financial challenges....

Exodus Adventure Travels launches 2026 Asia tours with immersive experiences

Exodus Adventure Travels launches 2026 Asia tours with immersive experiences

Exodus Adventure Travels announces its 2026 Asia tours, focusing on immersive cultural and active travel experiences in Laos, Vietnam, and Sri Lanka, tailored for the region’s evolving travel trends. Exodus Adventure Travels 2026 Asia tours mark a...

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