Business News

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…

The Vehicle Importers Association of Lanka (VIAL) claimed today that around 400 vehicles have been stuck at the Sri Lanka Customs …

Customs authorities have announced new regulations for importing motor vehicles, including hybrid and electric vehicles. The Custo…

Sri Lanka has not changed its stance on doing business with India’s Adani Group and welcomes investment opportunities from the c…

Officials representing the Ministry of Finance, Planning and Economic Development stated that vehicle imports have been allowed un…

Sri Lanka’s tourism industry recorded earnings of $400.7 million in January 2025, according to the latest data from the Central …

Sri Lanka’s export earnings for January 2025 were recorded at USD 1.334 billion, marking a promising start to the year and refle…

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has decreased to -4.2…

The Central Bank of Sri Lanka (CBSL) has issued a warning against the use of word ‘Finance’ in business names. Accordingly, th…

The first batch of vehicles imported for private use arrived at the Colombo Port on Tuesday (25), following the Sri Lankan governm…

The government has allocated Rs.3 billion for its digital transformation strategies this year, as part of its efforts to generate …

The government has proposed a revision to the public sector salary structure as part of the 2025 Budget, improving the minimum wag…

Renowned businessman Inayet Akbarally, a prominent figure in Sri Lanka’s business community, has passed away at the age of 88. M…