Business

Sri Lanka has received USD 641.7 million in workers’ remittances in May 2025, according to the latest figures released by the Central Bank of Sri Lanka (CBSL).

A special relief flight, UL 302, has departed from Bandaranaike International Airport (BIA) to Medan International Airport on the Indonesian island of Sumatra to transport 101 passengers and crew members of SriLankan Airlines flight UL 306, which was grounded due to a technical fault.

SriLankan Airlines yesterday welcomed an Airbus A330-200 wide-body aircraft on arrival from Paris.

The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.

Beta Technologies’ Alia CX300 on Tuesday become the first all-electric aircraft to land at a New York City airport.

Elon Musk-owned electric vehicle (EV) giant Tesla is “not interested in manufacturing in India”, the country’s heavy industries minister has said.

The external sector of the Sri Lankan economy remained resilient in April 2025, supported by healthy inflows from tourist earnings and workers’ remittances, according to the Central Bank of Sri Lanka (CBSL).

The Sri Lankan appetite for electric mobility is accelerating faster than anticipated, with over 5,000 BYD vehicles reserved since the brand’s entry into the market earlier this year

India overtakes Japan to become the fourth largest economy in the world, Aayog CEO BVR Subrahmanyam has said.

Sri Lanka, currently facing a severe salt shortage and salt prices increasing rapidly, 1 kilogram packets of crystal salt reportedly being sold at prices ranging between Rs. 450 and Rs. 500 in some areas are expected to reduce drastically as the Cabinet of Ministers has approved the importation of salt from India, an official said.