Sri Lanka will make contributions to superannuation funds mandatory for informal workers including domestic aides, plumbers, and security guards under a planned new labour law, Minister of Labour Manusha Nanayakkara said.

Sri Lanka foreign exchange reserves have been depleted and the country is embroiled in a messy public debt default.

Sri Lanka Railways said a project was launched to repair railway lines using new tracks.

WindForce PLC has achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa solar power project.

In a move aimed at dispelling misconceptions and clarifying the financial landscape of fuel suppliers, Power and Energy Minister Kanchana Wijesekera presented a comprehensive breakdown of fuel costs for the Ceylon Petroleum Corporation (CPC), Lanka IOC (LIOC), and Sinopec in Parliament yesterday.

The Sri Lanka Ports Authority has spent Rs 1.2 billion on food for 2022, the Committee on Public Enterprises (COPE) revealed.

Asia’s fastest-growing hospitality company, has been honored once again as Sri Lanka’s top-ranked hospitality company to work for, achieving an overall #3 position across all industries in the large-sized business category.

The import restrictions on all vehicles except for private vehicles would be lifted by the end of 2023, the Ministry of Finance said.

Says SL’s access to int’l capital markets expected to be restored soon, but govt. may not explore this option