LNP - SL understands importance of maintaining balance between environment and human needs: Prez

2021-10-27   |   Business

President Gotabaya Rajapaksa has said that Sri Lanka, with its rich philosophical heritage shaped by the teachings of the Buddha, fully understands th...

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LNP - Two nabbed with one million fake Euro currency

2021-10-26   |   Business

A woman and a man have been arrested by the STF with counterfeit currency bills worth one million Euros during a raid at Dematagoda. The STF said the ...

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LNP - No fuel shortage, long queues due to rumours: CPC’s trade union

2021-10-22   |   Business

There is no shortage of fuel in the country and the reason behind having long queues is due to rumours spreading on social media regarding a possible ...

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LNP - CB to propose resumption of car imports paid via foreign currency

2021-10-18   |   Business

The Central Bank is expected soon forward a proposal to the government for consideration, urging to explore the possibility of resuming car imports pa...

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LNP - Central Bank reconstitutes the Financial System Stability Consultative Committee

2021-10-15   |   Business

The Central Bank of Sri Lanka today said that its Financial System Stability Consultative Committee (FSSCC) has been reconstituted with eminent person...

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LNP - Increased demand for kerosene stoves in Pettah: Traders’

2021-10-15   |   Business

There is an acute scarcity of kerosene cookers in the Pettah market due to the sudden and colossal price increase of cooking gas, the Pettah United Na...

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LNP - Priority to import environment friendly electric vehicles to reduce air pollution: Amaraweera

2021-10-08   |   Business

The government is to give priority to import electric vehicles in the future as a measure to reduce air pollution in our country, Environment Minister...

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LNP - SL’s economy projected to grow by 3.3% amidst uncertainties -WB

2021-10-07   |   Business

Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and...

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LNP - Central Bank to make surrendering of export earnings mandatory

2021-10-01   |   Business

The Central Bank, under the instructions of newly appointed Governor Ajith Nivard Cabraal, will take such steps among others to replenish dwindling fo...

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LNP - 100% cash margin rule on non-essential imports removed

2021-10-01   |   Business

The 100 percent cash margin rule on non-essential imports will be removed with immediate effect, the Central Bank Governor Ajith Nivard Cabraal said. ...

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LNP - Prez pitches investment opportunities in SL to Kuwait

2021-09-23   |   Business

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible destination for invest...

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LNP - Banks watchful of foreign currency transactions via cards

2021-09-17   |   Business

Local banks on their own have started implementing a set of measures on limiting foreign currency transactions via debit and credit cards due to the v...

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LNP - Sri Lanka Retailers Association announces, Sri Lanka Retail Forum 2021

2021-09-14   |   Business

The Sri Lanka Retailers Association (Guarantee) Ltd (SLRA), recently entered in an MOU with the Ceylon Chamber of Commerce to organize the island’s ...

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LNP - CB further tightens noose on imports to preserve currency

2021-09-10   |   Business

The Central Bank of Sri Lanka (CBSL) announced today its decision to impose a 100 percent cash margin deposit requirement against the importation of s...

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LNP - 35 acres land of Welikada prison complex to be allocated for investments

2021-09-07   |   Business

Around 35 acres of land out of 40 acres of the Welikada Prison premises in Borella will be set aside for investments after the prison complex is moved...

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LNP - SL lose Rs. 1,600 Bn revenue due to Covid this year: Basil

2021-09-07   |   Business

Sri Lankan government has lost a total revenue of Rs 1,600 billion this year due to COVID-19 pandemic, Finance Minister Basil Rajapaksa told Parliamen...

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LNP - UK’s ‘Global Business Outlook’ honours ComBank Sri Lanka and Bangladesh

2021-08-27   |   Business

Confers awards for ‘Best SME Bank’ in Sri Lanka and ‘Best Foreign Bank’ in Bangladesh in 2021 The Commercial Bank of Ceylon has been declared...

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LNP - Over 30 cities suspend business operations

2021-08-18   |   Business

Business operations of at least 31 cities across the country have been suspended as of today while another 15 cities have suspended operations today d...

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Sri Lankan retailer sells firewood online

2021-08-18   |   Business

A Sri Lankan online retailer is selling firewood online and reportedly had sold more than 1000 bundles of firewood, as the country was facing an acute...

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LNP - Indian investors keen to invest in Sri Lanka renewable energy sector – High Commissioner Gopal Baglay

2021-08-09   |   Business

High Commissioner of India to Sri Lanka Gopal Baglay called on Foreign Minister Dinesh Gunawardena on 03 August, 2021. Minister Gunawardena thanked th...

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LNP - Facebook Marketplace Comes to Sri Lanka

2021-08-06   |   Business

Facebook has announced that Facebook Marketplace is now available in Sri Lanka, making it easier for people to discover, buy and sell items from other...

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LNP - Pan Asia Bank records Impressive Performance amidst Challenges – Profit after Tax soars by 50% to post Rs. 1,356 Mn

2021-08-03   |   Business

Pan Asia Banking Corporation PLC reported an impressive performance for the six-month period which ended 30 June to report a Pre-Tax Profit of Rs. 1,8...

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LNP - Agri, industrial sectors grow in 1H of 2021

2021-08-03   |   Business

Though key commercial crops had a robust first quarter, we expect 2Q sector performance to be more-or-less mixed as the country went into an island-wi...

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LNP - EDB organizes stakeholder forum on organic agricultural exports

2021-07-29   |   Business

The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka Accreditation Board (SLAB) under the guidance of the Ministry of Trade ...

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LNP - Pelwatte Dairy records 148% increase in Profits Before Tax surmounting COVID challenges

2021-07-29   |   Business

Pelwatte Dairy, one of the leading dairy brands in Sri Lanka that locally produces a range of dairy products and saves foreign exchange for the countr...

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