The Adani Group, one of India’s largest multinational conglomerates, has officially withdrawn from its proposed $440 million wind power projects
Introduction Sri Lanka’s electricity sector is facing a severe crisis, marked by power shortages, financial instability, and dependence on costly
On February 9, 2025, Sri Lanka experienced a severe power outage that lasted six hours, disrupting daily life and economic
Colombo, January 22, 2025 – In a significant move to bolster Sri Lanka’s maritime capabilities, the Cabinet of Ministers has
In a significant move to address medicine shortages and promote local production, the Government has approved the procurement of medicines
The Sri Lankan government has called for bids to complete the much-anticipated Bandaranaike International Airport Development Project (BIA Development Project)
Sri Lanka is taking major steps toward ensuring sustainable development, especially in its water sector, with a significant $100 million
Sri Lanka is at a pivotal moment in its infrastructure development, with the government’s latest initiative to invite private investors
Colombo Port City, one of Sri Lanka’s most ambitious economic initiatives, is on the verge of becoming a financial hub
The Cabinet of Ministers has approved the creation of a Financial Stability Fund to enhance Sri Lanka’s bank resolution framework