Business News

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…

Sri Lankan government has lost a total revenue of Rs 1,600 billion this year due to COVID-19 pandemic, Finance Minister Basil Raja…

Confers awards for ‘Best SME Bank’ in Sri Lanka and ‘Best Foreign Bank’ in Bangladesh in 2021 The Commercial Bank of Ceyl…

Business operations of at least 31 cities across the country have been suspended as of today while another 15 cities have suspende…

A Sri Lankan online retailer is selling firewood online and reportedly had sold more than 1000 bundles of firewood, as the country…

High Commissioner of India to Sri Lanka Gopal Baglay called on Foreign Minister Dinesh Gunawardena on 03 August, 2021. Minister Gu…

Facebook has announced that Facebook Marketplace is now available in Sri Lanka, making it easier for people to discover, buy and s…

Pan Asia Banking Corporation PLC reported an impressive performance for the six-month period which ended 30 June to report a Pre-T…

Though key commercial crops had a robust first quarter, we expect 2Q sector performance to be more-or-less mixed as the country we…

The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka Accreditation Board (SLAB) under the guidance of th…

Pelwatte Dairy, one of the leading dairy brands in Sri Lanka that locally produces a range of dairy products and saves foreign exc…

The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce in partnership with Hutchison Telecommunications Lanka (P…

The Attorney General today informed the Supreme Court that several amendments will be brought to the proposed Finance Bill and the…

SriLankan Airlines experienced a revenue reduction of 70% during the financial year 2020/21 when compared to the year before, SriL…

The United States is contributing to Sri Lanka’s economic resilience through the provision of a financial facility of USD 150Mn.…

Vaccination drive for the tourism industry kicked off over the weekend and over 1000 employees attached to the sector in the Hamba…

Additional interest up to 2 percent per annum will be extended for two years for Special Deposit Accounts (SDAs), the Central Bank…

Basil Rajapaksa was sworn in as the Finance Minister before President Gotabaya Rajapaksa a short while ago. Prime Minister Mahinda…

A cabinet Memorandum was presented last week in view give priority to import electric vehicles to reduce air pollution in the coun…

The Epidemiology Unit of the Health Ministry reports that another 235 persons have tested positive for COVID-19 in Sri Lanka, movi…

Sri Lanka Mission in Japan facilitated 3 online promotional events to increase exports to Japan and investment to Sri Lanka includ…

Zero NPLs on Rs. 14 Billion worth loans in a globally challenging year Softlogic Finance PLC, a subsidiary of Softlogic Capital th…

Locomotive Engine Operators’ Union has launched a token strike from 8.00 am today (June 30). Its secretary, Indika Dodangoda sai…

The government today approved allowing relief to employees in the tourism sector, particularly those affected by the crisis due to…