Business

Former CB Governor confident of IMF review completion by February

9 hours ago

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Senior Economist and former Central Bank Governor Dr. Indrajit Coomaraswamy expressed optimism about the completion of the third review of the International Monetary Fund (IMF) bailout package by mid-

CEB reports turnaround performance in 3Q despite tariff cuts

CEB reports turnaround performance in 3Q despite tariff cuts

9 hours ago

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The Ceylon Electricity Board (CEB) reported a turnaround performance in the three months through September 2024, at both top and bottom-line levels, as the state-owned power behemoth turned to black,

Niloufer makes a stylish comeback with launch of NLFR

Niloufer makes a stylish comeback with launch of NLFR

21 Nov 2024

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The Sri Lankan fashion industry is abuzz with excitement as Niloufer, former Founder and Managing Director of Cotton Collection, returns to the spotlight with the launch of her new brand, NLFR.

Cartoon 21.11.2024

Cartoon 21.11.2024

21 Nov 2024

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October tea exports up 14% YoY

October tea exports up 14% YoY

21 Nov 2024

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Sri Lanka’s tea exports reached 20.79 million kilogrammes in October 2024, a 14 percent increase from 18.21 million kilogrammes in the same month last year, with all product categories showing growt

Heartbreak for Yupun as he falls in 100m heats

Effective taxation and combating corruption

25 Jul 2024

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Jean-Baptiste Colbert, who served as the French Minister of Finance under King Louis XIV, once said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount o

Heartbreak for Yupun as he falls in 100m heats

Proposed 13% primary expenditure rule for Sri Lanka departs from economic theory and practice

24 Jul 2024

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On May 22, 2024, the government of Sri Lanka gazetted the Public Financial Management (PFM) Bill, aiming to implement wide-ranging reforms to enhance transparency, accountability and control of public

Heartbreak for Yupun as he falls in 100m heats

SL economy outperforms in 1Q, but uncertainty looms due to elections: ADB

19 Jul 2024

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Sri Lanka’s economy outperformed expectations in the first quarter, but the outlook for the rest of the year and beyond remains uncertain, according to the Asian Development Bank (ADB).

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Economy

CBSL says no intention of regulating interest rates

CBSL says no intention of regulating interest rates

29 Jul 2024

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​The Central Bank last week said it does not want to intervene in setting the interest rates, and will leave them to market forces.

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