Business News

The vehicle import ban, which has been in effect since March last year, is expected to continue for another six to seven months, S…

The Board of Investment (BOI) has been summoned before Committee on Public Enterprises (COPE) on November 11, the committee’s ch…

Aimed at riding its next growth wave, Sri Lanka’s pioneer e-commerce enterprise Kapruka is to list on the Colombo Stock Exchange…

The amendment to the Appropriation Act No. 07 of 2020 to increase the borrowing limit was recently approved by the Committee on Pu…

NSEE Cement – currently operating at 3.6 million ton maximum production and import capacity – has added two more shipping vess…

The water supply could be disrupted if the Ceylon Electricity Board (CEB) is unable to restore power breakdowns during the protest…

Sri Lanka’s most innovative private sector bank HNB PLC partnered with leading supermarket chain Keells to enable LANKA QR payme…

While claiming the current shortage of 'Litro' gas is due to a distribution issue, a senior official of the Litro Gas Company said…

The rejection to accept a consignment of organic fertilizer contaminated with hazardous substances shipped to Sri Lanka by the Qui…

The Central Bank of Sri Lanka (CBSL) has been receiving information regarding certain Scams where organized parties seem to be cla…

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

A woman and a man have been arrested by the STF with counterfeit currency bills worth one million Euros during a raid at Dematagod…

There is no shortage of fuel in the country and the reason behind having long queues is due to rumours spreading on social media r…

The Central Bank is expected soon forward a proposal to the government for consideration, urging to explore the possibility of res…

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

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

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

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

The Central Bank, under the instructions of newly appointed Governor Ajith Nivard Cabraal, will take such steps among others to re…

The 100 percent cash margin rule on non-essential imports will be removed with immediate effect, the Central Bank Governor Ajith N…

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible de…

Local banks on their own have started implementing a set of measures on limiting foreign currency transactions via debit and credi…

The Sri Lanka Retailers Association (Guarantee) Ltd (SLRA), recently entered in an MOU with the Ceylon Chamber of Commerce to orga…

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

Around 35 acres of land out of 40 acres of the Welikada Prison premises in Borella will be set aside for investments after the pri…