Business News

In its bid to retain access to the U.S. market in the wake of reciprocal tarrifs, Sri Lanka has proposed to do away with para tarr…

The revenue generated from expressway tolls on 11 and 12 April has exceeded Rs. 100 million, the Road Development Authority (RDA) …

The International Monetary Fund (IMF) says that the Sri Lankan government remains committed to program objectives and implementati…

The national minimum monthly wage in the private sector will be increased to Rs. 27,000 this year, according to the budget proposa…

The Cabinet of Ministers has granted approval to a proposal to increase the monthly minimum wage of private sector employees from …

Adani Ports and Special Economic Zone (APSEZ) shares surged 3.6% to their intraday high of Rs 1,151.95 on the BSE on Tuesday after…

More than 50 countries have reached out to the White House to begin trade talks, a top economic adviser to U.S. President Donald T…

By Almas Equities Research The Colombo Stock Exchange (CSE) extended its losses as uncertainty over global tariff negotiations con…

One of the three main revenue-generating arms of the country and the competent authority regulating the liquor industry, the Excis…

China on Friday announced a slew of additional tariffs and restrictions against U.S. goods as a countermeasure to sweeping tariffs…

Sri Lanka’s apparel sector, the country’s largest export industry, is bracing for a major setback after the United States anno…

By Dr. Kenneth De Zilva The United States yesterday announced and introduced a significant shift in its trade policy by imposing t…

United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing a baseline 10 per cent …

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.6…

The International Monetary Fund (IMF) says that the economic recovery is gaining momentum in Sri Lanka and that yet, the economy s…

BBC - US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that…

Senior Economic Advisor to the President, Duminda Hulangamuwa, confirmed that there will be no revision of taxes on vehicle import…

A lack of financial literacy is the primary reason many Sri Lankans fall victim to pyramid schemes, says the Governor of the Centr…

Sri Lanka’s tea exports fell in February, with volumes down 1.91 million kilograms year-on-year (YoY) to 20.40 million kilograms…

The Colombo Magistrate’s Court has directed the Illegal Assets Investigation Unit of the Criminal Investigation Department (CID)…

The Hambantota International Port (HIP) successfully discharged the second batch of vehicles for the domestic market last week.&nb…

Hambantota International Port (HIP) has successfully discharged its second batch of vehicles for the domestic market last week, co…

A Gazette Extraordinary has been issued amending multiple import and export regulations, including a key change allowing Bureau Ve…

As the world gradually recovers from the pandemic’s impact, Sri Lanka is positioning itself as a top-tier tourist destination, s…

The Sri Lankan economy recorded a strong turnaround registering overall growth of 5% for 2024 amid renewed macroeconomic stability…