Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Records 101% Increase in Foreign Direct Investments (FDIs) in 2025

Colombo, Sri Lanka – September 2025 Sri Lanka has recorded a remarkable 101% increase in Foreign Direct Investments (FDIs) for 2025 so far, reaching USD 569 million, compared to the same period last year. The data, released by the Board of Investment (BOI), reflects growing investor confidence in the island’s economic recovery. 🔹 Key Sectors […]

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Business Tips & Advice Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

UAE’s Altera Acquisition Signals Big Bet on AI Chips

The United Arab Emirates (UAE) has made a landmark move in the global technology arena by acquiring Altera, a prominent player in semiconductor and AI chip manufacturing. This acquisition signals the UAE’s ambition to diversify its economy beyond oil and establish a leadership role in the rapidly growing artificial intelligence and semiconductor industry. Strategic Significance […]

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Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Targets 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka has announced an ambitious target of achieving 6% GDP growth by 2026, reflecting cautious optimism for economic revival after years of fiscal and structural challenges. The government’s plan emphasizes major reforms, infrastructure development, and investment promotion as key drivers to achieve sustainable economic growth. Growth Ambitions The medium-term economic framework laid out by […]

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