Business

The Ceylon Electricity Board (CEB) has reported a profit of Rs. 5.31 billion for the financial quarter ending on June 30, 2025.

Director General of Customs, Sunil Nonis, announced that Sri Lanka Customs recorded its highest-ever monthly revenue in history last month, with collections amounting to Rs. 235 billion.

Sri Lanka’s services sector expanded in July, supported by growth in wholesale and retail trade, financial services, and the transportation of goods, according to the latest Purchasing Managers’ Index (PMI) released by the Central Bank of Sri Lanka (CBSL).

Sri Lanka’s economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation’s recovery from U.S. tariffs.

The Bill to establish the Gambling Regulatory Authority has been approved by the Committee on Public Finance (COPF).

Sri Lanka is striving to achieve 4–5% GDP growth in the medium to long-term in comparison to the baseline requirement of 3% set by the International Monetary Board (IMF) to achieve debt sustainability, Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated.

Approximately 400 containers containing around 28,000 metric tons of imported salt, intended for local packaging, remain stuck at the Colombo Harbour, unable to be cleared, according to the Sri Lanka Salt Producers’ Association

Another round of discussions has been held to review and address challenges in achieving the government’s target of increasing export earnings to US$ 36 billion by 2030, the President’s Media Division said.

About 55 per cent of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump’s administration, the Indian government said on Monday.

A total of 1,408,335 tourists have arrived in Sri Lanka so far this year, marking a significant increase compared to the same period in 2024, the Sri Lanka Tourism Development Authority (SLTDA) stated.