President Ranil Wickremesinghe inaugurated a new vehicle assembly plant, the Western Automobile Assembly Private Limited (WAA), in Kuliyapitiya today.

Ceylinco Life is investing Rs. 2 billion in Sri Lanka’s first Green Bond, serving as its anchor investor in an emphatic demonstration of the company’s commitment to sustainability.

The Government on Friday took a significant step forward in its efforts to boost international trade by approving the ‘Roadmap for Trade Facilitation in Sri Lanka’ and the ‘Trade Facilitation Action Plan 2025-2028’.

The Government has awarded contracts for the development of projects totalling 165 megawatts (MW) across 20 grid substations.

The Government has called for expressions of interest (EOIs) from private investors to develop six major railway stations in and around Colombo, including Kollupitiya, Bambalapitiya, Wellawatte, Kompanyaweediya, Dehiwala and Mount Lavinia.

The Sri Lanka Ports Authority (SLPA) received 14 expressions from global players to implement a state-of-the-art, world-class Port Community System (PCS), a move that aims to jumpstart trade activities and improve ease-of-doing-business.

The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Sri Lanka’s water supply and sanitation sector reforms to enhance the country’s resilience to climate change impacts and promote long-term sustainability.

Western Automobile Assembly Private Limited (WAA) announces the opening of its state of the art SKD assembly plant in Kuliyapitiya. This state-of-the-art facility marks a significant advancement in local vehicle assembly, driving economic development in Sri Lanka while equipping the nation's youth with the skills and knowledge essential for sustainable growth and long-term prosperity.

The government is to obtain a policy-based loan of US$ 400 million from the Asian Development Bank (ADB) through two sub-programmes for the implementation of Sri Lanka’s financial sector stability and reform programme.