A Sleeping Giant Awakens: Hambantota Port’s Remarkable Comeback Once considered a white elephant, Sri Lanka’s Hambantota International Port (HIP) is undergoing a striking transformation, rapidly
Sri Lanka, a tropical island nation with a rich history and vibrant culture, stands at a critical juncture in its economic journey. With a population
The Sri Lankan automobile market has been in a state of stagnation for several years due to import restrictions imposed in 2020(Vehicles Import). With the
In a pivotal development for its economic landscape, Sri Lanka is on the verge of finalizing a critical debt restructuring agreement with Japan, heralding a
In a bold move to address the country’s multifaceted challenges, the Cabinet of Ministers has approved the establishment of the ‘Clean Sri Lanka’ fund, accompanied
Sri Lanka’s apparel industry, one of the country’s key export sectors, continues to demonstrate its resilience and adaptability in the face of global challenges. In
The tourism industry plays a pivotal role in Sri Lanka’s economy, contributing significantly to the nation’s GDP and employment. However, in recent years, challenges such
Iran’s President Dr Ebrahim Raisi & Sri Lankan President Ranil Wickremesinghe jointly opened the Hydro Power Plant at the Uma Oya Multipurpose Development Project on
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