Business News

Sri Lanka’s tourism industry is grappling with lower number of licensed tour guides, which could threaten the country’s abilit…

August merchandise exports income tops US$ 1.2bn Apparel & textile exports up 15% to US$ 565mn Jan-Aug. cumulative exports up …

Urge govt. to consider including canned fish in temporarily banned list of imported goods into country Despite the country reachin…

A circular allowing migrant workers to import an electric vehicle was issued yesterday (August 31) by the Labour and Foreign Emplo…

The Public Finance Committee which met today, unanimously appointed SJB MP Harsha de Silva as its new Chairman. He has been appoin…

The Minister of Finance has issued an order granting an amnesty period of one month with effect from August 15, 2022 in order to a…

The Ceylon Electricity Board (CEB) United Trade Union Alliance warns that the power cuts would likely have to be increased to more…

he recent 75% increase in the electricity tariff is incorrect; it is a 100% increase when considering higher unit rates, the Ceylo…

Sinopec, the biggest petrochemical company in China, is likely to enter Sri Lankan market for fuel importing, distribution and sel…

Litro Gas company has become a profit-making institution in July this year for the first time in several years, according to Litro…

CHEC Port City Colombo in collaboration with the Colombo Port City Economic Commission successfully introduced the Special Economi…

The Government and the Central Bank of Sri Lanka (CBSL) have been implementing several measures to ease the burden of the current …

The merchandise trade balance recorded a surplus in June 2022 for the first time since August 2002, reflecting the impact of histo…

Action will be taken to increase exporting gems that could bring in a revenue of US$1 billion by the end of this year, which is cu…

A senior International Monetary Fund (IMF) official will be visiting Sri Lanka on Monday and Tuesday to brief President Gotabaya R…

Thunderstorms and showers could be expected in the North-central, Eastern, and Uva provinces, as well as in Nuwara-Eliya, Matale a…

Water supply will be interrupted during power cuts due to fuel shortage and thereby the consumers will face numerous inconvenienc…

Five individuals were arrested at the Bandaranaike International Airport (BIA) for attempting to smuggle Rs. 40 million worth of f…

Sri Lankans will soon have improved access to emerging employment opportunities in the health sector of the United Kingdom (UK) wi…

December 2021 became the first profitable month since the outbreak of the Covid-19 pandemic for SriLankan Airlines as it reported …

The shortage of imported milk powder will continue to prevail till the end of this month due to dollar crunch in the market, the M…

Shares of Kapruka Holdings Limited will commence trading on the Main Board of the Colombo Stock Exchange under the symbol, “KPHL…

Earlier 7% cap fixed for five years replaced with average monthly prime lending rate, effective from January 1 The Central Bank h…

Total outstanding card balance up by Rs.3.8bn; almost 9,000 new cards issued Credit card spend, a proxy for the spending pattern …

As a follow up to Dubai Expo event , Sri Lanka is planning to launch a major investment drive in the United Arab Emirates in March…