Business United States President Donald Trump announced on Thursday (Sep 25) new tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furniture.…
Business Nations Trust Bank PLC (NTB) shares closed up 22.72% yesterday, up Rs. 72.25 to Rs. 390.25, following Wednesday’s announcement of the bank’s proposed Rs. 18…
Business A multi-billion rupee government tender to supply vehicle number plates is mired in controversy after the two lowest bidders were disqualified on technical…
Business Nations Trust Bank PLC (NTB) yesterday entered into a binding Sale and Purchase Agreement with Hong Kong and Shanghai Banking Corporation (HSBC), acting…
Business Although Sri Lankans cannot use cryptocurrency for transactions in the country, investing in cryptocurrency or virtual currency has no legal impediment due to…
Business Sri Lanka’s tourism sector has kicked off the autumn season with a 31 percent surge in arrivals, welcoming 111,823 tourists in the first three weeks of…
Business Sri Lanka walk into Abu Dhabi on Tuesday with no safety net left. Their Super Four clash against Pakistan is, in every sense, a must-win. Another slip, and…
Business The government has introduced a significantly revised and less generous incentive framework for investors in the Colombo Port City Special Economic Zone (SEZ),…
Business Over Rs. 8 billion has reportedly been misused without the approval of the Board of Governors of the Central Cultural Fund (CCF), according to Deputy Minister…
Business S&P Global Ratings on Friday raised its long- and short-term foreign currency sovereign credit ratings on Sri Lanka to ‘CCC+/C’ from ‘SD/SD’ (selective…
Business India’s fintech giant, Paytm Founder and CEO Vijay Shekhar Sharma yesterday urged Sri Lanka to seize its moment to transform into a global digital economy hub.…
Business Spa owners have called for expediting the legalization and regulating of their business so that it would become an official industry in Sri Lanka. Sri Lanka…
Business Minister of Foreign Affairs, Vijitha Herath, along with the Minister of Industry, Sunil Handunneththi, and Minister of Trade, Wasantha Samarasinghe, launched…
Business Chinese automaker BYD saw a dramatic 80 percent surge in vehicle registrations in August 2025, signalling a strong recovery after a temporary setback,…
Business Employees of the Ceylon Electricity Board (CEB) have decided to report sick today (17) as part of a trade union action. Chairman of the CEB Technical…
Business Former Minister Keheliya Rambukwella and several other defendants, accused of misusing government funds through the purchase of substandard human…
Business Confidence in Sri Lanka’s financial system has improved in the short term but concerns over medium-term risks persist, with the market participants flagging…
Business Dozens of websites and mobile applications now openly display hundreds of advertisements daily - These services often involve women aged 18 to 27 and some…
Business The Ceylon Electricity Board (CEB) has proposed a 6.8% increase in electricity tariffs for the final quarter of 2025, according to the Public Utilities…
Business The Ceylon Electricity Board (CEB) has reported a profit of Rs. 5.31 billion for the financial quarter ending on June 30, 2025. This marks a significant…
Business Director General of Customs, Sunil Nonis, announced that Sri Lanka Customs recorded its highest-ever monthly revenue in history last month, with collections…
Business 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…
Business Approximately 400 containers containing around 28,000 metric tons of imported salt, intended for local packaging, remain stuck at the Colombo Harbour, unable…
Business 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…