ECONOMYNEXT – Sri Lanka shut down a coal plant from April 11, using the maximum possible rooftop solar, as factories closed for the traditional New Year holiday using the maximum possible rooftop ...

ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayaka and visiting Prime Minister Narenda Modi virtually launched a solar power plant and an hi-tech agricultural warehouse in Sri Lanka’s Eastern ...

Prime Minister Modi’s three-day visit to Sri Lanka fostered stronger bilateral ties with President Dissanayake. Seven MoUs were signed in key sectors including defence, energy, and trade.

Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service ...

The Sampur power plant project, combined with India’s takeover of the Trincomalee Oil Tank Farm, represents a significant step toward integrating Sri Lanka into India’s national energy grid. This ...

The port in Sri Lanka’s Tamil-dominated northern province is close to the Indian coastline and is being “rehabilitated” with a $61.5 million grant assistance from India.

Prime Minister of Sri Lanka, Ranil Wickremesinghe and High Commissioner of India, Taranjit Singh Sandhu, today inaugurated Sri Lanka’s first vehicle assembly plant built by Mahindra Ideal Lanka (Pvt.) ...

Sri Lanka's economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday ...

India and Sri Lanka will sign a major defence cooperation pact during Prime Minister Narendra Modi's visit to Colombo, aimed at countering China's growing military influence. The trip will also ...

Approximately one-fourth of cash-strapped Sri Lanka's population, was living in poverty last year, despite the economy making a "remarkable recovery" from its worst financial meltdown, the World Bank ...

The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and ...

However, once Bates departed for 31, Sri Lanka chipped in with a couple of more wickets, reducing New Zealand to 74 for 3 in the 11th over. Izzy Sharp and Plimmer revived the innings briefly ...