Adani Green Energy is set to invest more than $1 billion (Rs 83.5 billion) in wind energy projects in Sri Lanka, according to a report by the Press Trust of India. This investment marks the largest foreign direct investment in the country to date and is poised to be one of Sri Lanka’s most significant…
India, the world’s largest democracy, has a profound influence on its neighbouring countries, including Sri Lanka. The Indian general election, a massive democratic exercise involving over 900 million eligible voters, determines the political direction of the country for the next five years. In the recent election, Prime Minister Narendra Modi secured a significant victory with…
The Ministry of Agriculture and Plantation Industries announced a substantial investment of 20.6 billion rupees in upcoming months to enhance rural development and elevate living standards for citizens. Minister Mahinda Amaraweera emphasized that the government is commited to implementing a range of projects to achieve these goals. As part of this effort, officials have been…
President Ranil Wickremesinghe has met with billionaire and investor Elon Musk on the sidelines of the 10th World Water Forum High-Level Meeting being held in Indonesia. During the meeting, Wickremesinghe and Musk have discussed the implementation of ‘Starlink’ in Sri Lanka. It was emphasized that Sri Lanka is committed to expediting the application process to…
City of Dreams Sri Lanka is an upcoming large-scale entertainment and hotel project. It’s a partnership between Melco Resorts & Entertainment Limited and a company listed in Colombo called John Keells Holdings PLC. Together, they are developing this project, which will feature a casino and a hotel. This development, costing about US$1 billion, will be…
On 27 April, SRP hosted a traditional Pirith chanting ceremony and a special event to honour its long-standing employees, reflecting SRP’s deep rooted cultural values and commitment to its workforce. The evening will conclude with a spectacular fireworks display, lighting up the skies of Galle in celebration of three decades of success. Since the inception…
The Central Bank expects the economy to grow by 3% this year as the benefits of the eased monetary policy stance and low inflation environment continue to be gradually channelled into the economy. The outlook comes on the back of the economy recording a positive performance in the second half of 2023 following six quarters…
In an internationally widely observed and landmark visit to Sri Lanka, the Iranian President Dr. Ibrahim Raisi yesterday renewed his country’s further support to the progress of the Indian ocean nation. In a whistle stop but highly secure tour to Sri Lanka, President Raisi inaugurated the $ 514 million worth ‘Uma Diya Janani’ multi-purpose development…
The Government of Sri Lanka donated USD 01 million to assist children impacted by the conflicts in the Gaza Strip. The donation was formally transferred to the Government of Palestine through the United Nations’ official channel, overseen by President Ranil Wickremesinghe at the Presidential Secretariat this morning (01). Issuing a statement, the President’s Media Division…
After a four-year hiatus, Thai Airways flight TG 307 arrived at Katunayake Bandaranaike International Airport at 11:55 last night. Originating from Bangkok, Thailand, the flight carried approximately 150 foreign tourists, including Thai nationals. According to Katunayake airport authorities, flights between Thailand and Sri Lanka are now operating daily. The Hon. Minister of Ports, Shipping, and…
