Merchandise Exports Surge by 9.8% to Reach USD 1,139 Million in March 2024
In March 2024, earnings from merchandise exports witnessed a significant upswing, soaring to USD 1,139 million, marking a robust 9.8%
The Evolution of Generative AI: Driving Positive Business Outcomes in 2024
Introduction As technologies like ChatGPT exemplify, generative AI (gen AI) is rapidly evolving, prompting businesses across industries to refine their
Business Confidence Grows for Second Consecutive Month Amid Lingering Challenges
Business confidence in Sri Lanka has strengthened for the second consecutive month, although challenges on the horizon persist. The
Sri Lanka’s Fiscal Struggles Persist Despite Optimistic Projections: Verité Research Report
Sri Lanka continues to grapple with fiscal challenges, as evidenced by its persistent failure to meet its revenue to GDP
US Braces for Potential Attack by Iran Amid Rising Tensions
According to a senior administration official speaking to CNN, the United States is on high alert and actively preparing for
Xiaomi’s Debut into Electric Vehicles Marks a New Era in Smart Cars
Chinese smartphone maker Xiaomi announced on Wednesday that it has received over 100,000 orders for its inaugural electric vehicle, the
Sri Lanka’s Economy Shows Signs of Stabilization with Projected 2.2% Growth in 2024
The World Bank’s latest bi-annual update, titled “Sri Lanka Development Update, Bridge to Recovery,” released today, underscores a moderate growth
Premium International Completes German-Sri Lanka Friendship Hospital for Women in Galle
The German – Sri Lanka Friendship Hospital for Women in Galle, was declared open on the 27th of March 2024, by
Thai Prime Minister’s Delegation Explores Opportunities at Hambantota International Port
A delegation from the Thai Prime Minister’s office recently visited the Hambantota International Port (HIP) in Sri Lanka to delve
Government of Sri Lanka Issues Notice for RfPs to Appoint Dealer/Manager for ISB Exchange Offer
In a significant move towards the restructuring of a substantial portion of its external commercial debt, the Treasury has announced