Sri Lanka revenue mobilisation witnessed an increase in tax revenue from a low 7% of GDP in 2022 and 11% in 2024 but this ratio is still low compared to others in the region, said World Bank Sri Lanka and Maldives Country Manager Gevorg Sargsyan,

Sri Lanka’s Cabinet, under President Anura Kumara Dissanayake, has canceled the award of 484 MW wind power plants in Mannar and Pooneryn to Adani Green Energy SL Ltd, a project initially granted in June 2024 by former Prime Minister Ranil Wickremesinghe.

Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said yesterday.

Adani Green Energy shares fell nearly 6% after reaching a day’s high, following a report that Sri Lanka cancelled a $440 million power purchase agreement with the company.

School development officers protested on Monday in front of the Colombo Fort railway station, demanding integration into the state teachers’ service.

Printcare, a leading Sri Lankan printing and packaging solutions provider, has officially launched its new state-of-the-art facility in Kenya, marking a

Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said on Friday..President Anura Kumara Dis

This is not 1st time the project has been in the news. In 2022, there was a political furore in Sri Lanka over the awarding of wind energy projects to Adani Green Energy without a tendering process

Sri Lanka have named an 18-member squad for their home two-match Test series against Australia. The Lankan Lions have listed two uncapped players alongside three injury doubts. Both the matches are set to be played in Galle with the first one beginning on January 29.

Rajapaksa served as the President of Sri Lanka from 2005 to 2015. The LTTE, which led a separatist war for a separate Tamil homeland, was crushed by the Lankan military in 2009 with the death of its supremo Velupillai Prabhakaran.

Switzerland has pledged its support to assist Sri Lanka in recovering assets moved out of the country, as part of a broader collaboration to address corruption and enhance national development. The assurance was extended by Ambassador of Switzerland to Sri Lanka Dr.