In a strategic move to bolster its infrastructure sector, the Sri Lankan government has secured a $500 million loan from China’s Exim Bank, denominated in Chinese yuan. This significant financing is aimed at supporting critical infrastructure projects across the country, ranging from transportation and energy to urban development and sustainable initiatives. The decision to borrow […]
Sri Lanka is set to achieve a remarkable milestone as its economy is projected to exceed $100 billion in 2025, signaling a strong recovery from the significant $74 billion contraction experienced in 2022. This turnaround highlights the resilience of the nation’s economic framework and the adaptability of its private sector. The impressive growth trajectory is […]
Sri Lanka’s Tea Cultural Landscape: A Heritage Journey Toward UNESCO Recognition Sri Lanka proudly takes the first step toward recognizing its Tea Cultural Landscape—a living heritage that has shaped the heart and economy of the nation for over 150 years—by placing it on the UNESCO Tentative List. This milestone marks global recognition of the region’s […]
