Business News

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…

Sri Lanka celebrates a key milestone as two of its young  and emerging entrepreneurs  Yanika Amarasekera-Siyaguna and Charith N …

A record gain of revenue amounting to over Rs. 83 billion has been achieved by the Department of Excise during the first four mont…

The Sri Lanka Tourism Development Authority (SLTDA) reports that 33,910 international tourists arrived in the country during the f…

The government has taken another step towards ensuring the national minimum monthly and daily wages of private sector employees be…

After banning all imports from Pakistan, India on Saturday barred Pakistan-flagged ships from entering any of its ports, following…

The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect fro…

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0…

While rejecting media reports claiming there is a decrease in sales of imported vehicles, the Vehicle Importers’ Association of …

Fitch Ratings expects Sri Lanka’s state banks to continue to report weaker regulatory capital ratios than systemically important…