Business News

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

The Chairman of the Sri Lanka Tourism Development Authority (SLTDA), Buddhika Hewawasam says that the government must focus on enh…

The National Chamber of Exporters (NCE) is calling for relief measures in the upcoming 2025 Budget to help businesses recover from…

The National Chamber of Exporters (NCE) is calling for relief measures in the upcoming 2025 Budget to help businesses recover from…

The Salt Producers’ Association has stated that the import of salt will be further delayed due to the delays in issuing the nece…

The Trump administration revealed details of how the United States Agency for International Development (USAID) funded various pro…

The Cabinet of Ministers has granted approval to import a capacity equal to 200 million coconuts of coconut kernel-related product…

New vehicles will arrive in the country within the next two or three weeks. After their arrival, the existing second-hand market i…

Sri Lanka’s public transport sector is to be modernised with the introduction of 1,000 new buses including low-floor and super l…

The Sri Lankan government has published Gazette Notification No. 2421/41, signed by President Anura Kumara Dissanayake in his capa…

The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early …

Other than importing vehicles that are between five and seven years old from their manufacturing dates, importing vehicles under t…

To combat the current coconut shortage, Sri Lanka looks at importing coconut products from Indonesia, an official said. The minist…

The latest report from the Sri Lanka Export Development Board (EDB) revealed that the country achieved a record-breaking total exp…

The Colombo Magistrate’s Court today (27) granted bail to Yoshitha Rajapaksa, the second son of former President Mahinda Rajapak…

A large consignment of illegally imported cigarettes has been seized by officers of the Sri Lanka Customs Revenue Task Force (RTF)…

In order to avert a major coconut crisis in the coming months, Minister of Industry and Entrepreneurship Development Sunil Handunn…

Sri Lanka could see the end to the current stretch of deflation in the second quarter before reaching the target level of 5.0 perc…

Sri Lanka must focus on attracting more private sector investment to maintain its hard-earned macroeconomic stability and continue…

The Ceylon Chamber of Coconut Industries has urged the government for permission to import 200 million coconuts with the next few …

With projections indicating historically high levels of inflows from the services trade and workers’ remittances, the Central Ba…

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in …

The market value of the investments made by the Employees’ Provident Fund (EPF) in companies listed on the Colombo Stock Exchang…

Sri Lanka is exploring avenues to channel foreign earnings into local investments to boost its economy, with plans underway to emp…

The Inland Revenue Department (IRD) has recorded its highest-ever tax revenue collection in 2024, amounting to Rs. 1,958,088 milli…