LNP - Sweet surge in growth for local confectioneries in early 2025

2025-03-10   |   Development

By NUZLA RIZKIYA Sri Lanka’s confectionery industry is experiencing some sweet growth as it on an upward trajectory this year, supported by improvi...

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LNP - Construction on second terminal at BIA will begin soon: Bimal

2025-03-07   |   Development

The work on the second terminal of the Bandaranaike International Airport (BIA) will begin this year, Minister of Aviation Bimal Ratnayke told Parliam...

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LNP - Govt. to woo top ten shipping liners in world for Colombo port expansion

2025-03-05   |   Development

The government will call for Expression of Interest (EOI) from the top ten shipping companies in the world next month for the expansion of the Colombo...

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LNP - Sri Lankans among migrants deported from US to Panama, moved to jungle region

2025-02-21   |   Development

A group of nearly 100 migrants deported from the U.S. to Panama last week, including Sri Lankans, has been moved from a hotel in the capital to the Da...

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LNP - Japan grants Rs. 565 million to ‘Clean Sri Lanka’ project

2025-02-07   |   Development

Under Japan’s Economic and Social Development Programme, a grant of 300 million Japanese Yen (approximately LKR 565 million) has been provided to pr...

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LNP - China expresses readiness to collaborate with Sri Lanka towards a new era of development

2025-01-15   |   Development

The People’s Republic of China has played a vital role in the social and economic development of Sri Lanka for decades, President Anura Kumara Dissa...

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LNP - Port City to break ground for Marina development on Friday

2025-01-07   |   Development

The Port City, Colombo on Friday will break ground for its Marina development, which is tipped to be a key value proposition boosting business and att...

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LNP - Two pilot traffic projects begin in Sri Lanka to improve road safety

2025-01-05   |   Development

In line with the Clean Sri Lanka project, the Sri Lanka Police has launched two traffic initiatives aimed at reducing accidents and easing congestion....

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LNP - Moody’s upgrades Sri Lanka’s rating to Caa1; outlook stable

2024-12-24   |   Development

Global rating agency, Moody’s yesterday upgraded the Government of Sri Lanka’s Long-Term Foreign Currency Issuer Rating to Caa1 from Ca. The outlo...

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LNP - Fitch upgrades Sri Lanka to ‘CCC+’

2024-12-21   |   Development

Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default), citi...

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