Business News

Neither the Central Bank of Sri Lanka (CBSL) nor the government has taken any decision to impose restrictions on vehicle imports a…

The state revenue has surged to Rs. 1,942.36 billion during the first five months of 2025, marking a 19.95% increase in comparison…

The European Union in Sri Lanka and the Maldives has issued an alert warning of a scam by an individual impersonating an official …

A Sri Lankan government delegation is set to depart for the United States on Friday (18) to hold negotiations aimed at reducing ta…

The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local bu…

Sri Lanka’s domestic clothing brands are calling for a drastic 300 to 400 percent increase in the Commodity Export Subsidy Schem…

India is poised to secure another strategic investment in Sri Lanka with plans by its public sector company under the Indian Defen…

An estimated 500,000 students and 150,000 teachers across Sri Lanka are set to benefit from a new $50 million additional financing…

Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearanc…

Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wi…

Following the recent relaxation of vehicle imports, the Department of Motor Traffic (DMT) announced today that a total of 73,489 n…

Oil prices jumped more than $4 a barrel on Friday, hitting their highest price in almost five months after Israel struck Iran, dra…

The state-owned Valaichchenai Paper Mill is currently operating at a profit, according to Minister of Industry and Entrepreneurshi…

A businessman has been handed a suspended six-month prison sentence and fined Rs. 10,000 after being found guilty of displaying ex…

The Coconut Research Institute has forecast a further decline of 250 million nuts crop for the first half of 2025 harvest during t…

The sugar importers have urged President and Finance Minister Anura Kumara Dissanayake not to increase the existing sugar import t…

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

The Cabinet of Ministers has granted approval to issue a permit to the Sri Lanka Thriposha Limited Company to import 18,000 metric…

The external sector of the Sri Lankan economy remained resilient in April 2025, supported by healthy inflows from tourist earnings…

The Colombo Stock Exchange (CSE) recorded a significant milestone today (27), with its total market turnover reaching Rs. 18.7 bil…

The UK Prime Minister’s Trade Envoy for Sri Lanka, Lord Hannett of Everton, is visiting Colombo from 25 to 28 May. This is …

Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepen bilateral ties in areas such as trad…

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

The body will lie in state at the Tharangani Hall of the National Film Corporation today, while the public will also be given an o…

Prime Minister Dr. Harini Amarasuriya stated that the development of a country depends on the productive contribution its citizens…