Business News

Strict guidelines have been proposed for the tourism sector as the industry prepares to open its doors and resume operations. A dr…

The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of…

National carrier, SriLankan Airlines, is making a decisive move to rescue the country’s much troubled export industries by launc…

Prime Minister Mahinda Rajapaksa said today that no financial aid has received from foreign countries to be utilised in the COVID-…

(Hong Kong) AFP: Stock markets suffered steep losses yesterday, tracking a selloff in New York after Donald Trump sparked fears of…

Inflation for the month of April was recorded at 5.2 percent, as the prices measured for the 12 months to April was slightly lower…

WION: China has claimed that the country is rolling out its digital currency in four cities starting next week.Owing to the COVID-…

Due to the increase of the value of Japanese Yen and the US Dollar against the Sri Lankan Rupee after March 20, the vehicles with …

Sri Lanka’s merchandise export earnings in March plunged a record 42 percent year-on-year (YoY) to US $ 646 million, with the CO…

Australia, (Daily Mail), 28 April 2020 -   Australia has asked the Chinese ambassador to explain his ‘economic coercio…

The Central Bank has imposed maximum interest rates on pawning advances of licensed banks to provide relief to low income families…

As COVID-19 is altering almost everything including how people shop for their day-to-day needs, some chief executives expect such …

Sri Lankan Missions abroad seek to re-position Sri Lanka’s exports to meet market conditions resulting from the COVID-19 crisis,…

By Shabiya Ali AhlamAs Sri Lanka is in the midst of exploring all possible avenues to bounce back from the upheaval set in motion …

The worker remittance inflows to Sri Lanka this year are projected to decline by 19 percent year-on-year (YoY), driven by the glob…

The Easter Sunday attacks and the tremors felt across the economy in its aftermath cost the Sri Lankan economy a mammoth Rs.150 bi…

The Export Development Board (EDB) yesterday renewed its call to the government and the business community to give utmost prominen…

The depleted consumer incomes and temporary import restrictions on non-essential imports could deal a heavy blow to Sri Lanka’s …

The month of April considered as the beginning of 'spring season' in the country when trees flourish with fruits and blossoms. See…

Manning Market in Colombo were seen crowded with people who had come to purchase vegetables and other essentials while most of the…

The local tea industry is urging the government to increase the number of working days of relevant government departments to facil…

Prime Minister Mahinda Rajapaksa today issued an Extraordinary Gazette suspending Sri Lankans from making payments through Outward…

The Government has decided to suspend or limit the importation of non-essential goods except pharmaceutical products and fuel, Cab…

Sri Lanka’s sprawling ride-hailing industry dominated by PickMe and Uber fell victim to what appears to be a protracting coronav…

HSBC, the largest international bank in Sri Lanka, is offering a range of relief measures for its personal and corporate customers…