Government & Economy Local Business Spotlights Sri Lanka Business News

World Bank: Sri Lanka’s Recovery Still Fragile — Reforms Needed to Secure Growth

The World Bank’s latest report on Sri Lanka’s economic outlook delivers a mixed message — acknowledging progress while warning that the recovery remains incomplete without deep structural reforms. Progress Since the Crisis Sri Lanka’s economy collapsed in 2022 due to severe foreign exchange shortages, spiraling inflation, and political unrest. Since then, the country has made […]

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Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka and India Power-Grid Integration — Strengthening Energy and Regional Ties

Sri Lanka and India have entered a crucial phase in discussions to connect their national electricity grids — a move that could redefine the future of energy security and regional cooperation in South Asia. Background The two nations are in advanced talks over a High-Voltage Direct Current (HVDC) transmission line connecting Madurai in southern India […]

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Government & Economy Sri Lanka Latest News

Sri Lanka Removes ETA Requirement for Tourists — A New Era for Travel Freedom

Sri Lanka has officially announced a landmark decision to remove the Electronic Travel Authorisation (ETA) requirement for most tourists entering the country, effective from October 31, 2025. This move marks a major turning point for the island’s tourism industry, which has been on a steady path to recovery since the economic and political turbulence of […]

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