Expolanka Holdings PLC announced today its decision to delist from the Colombo Stock Exchange (CSE).

The Colombo Consumer Price Index (CCPI), the official’s preferred inflation gauge deceased to 5.9 percent in February from the 6.4 percent recorded in January.

Tourism sector stakeholders are given an extension renewing their licenses with the Sri Lanka Tourism Development Authority (SLTDA).

Amidst criticism over the exorbitant salary hike of the Central Bank employees, a top parliamentary committee has called for a report from the Central Bank on the legal provisions for such a salary increment without parliamentary approval.

Sri Lanka’s banking sector is on the edge of following the government’s decision to suspend parate execution rights.

National carrier SriLankan Airlines confirmed that flight UL 605 from Melbourne to Colombo made a safe return back to the Melbourne Airport.

Monetary Board relaxes restrictions imposed on the Standing Facilities to Licensed Commercial Banks (LCBs) under Open Market Operations (OMOs).

The Sri Lanka Export Development Board (EDB), along with SLASA, the Sri Lanka High Commission in the UK, and JAAF, will host the ’Sourced Sri Lanka – Textile & Apparel Roadshow’ in London in June 2024.

The Securities and Exchange Commission (SEC) has introduced a system to report instances of misconduct on social media that could potentially affect the Colombo Stock Exchange (CSE).

Sri Lanka Telecom has seen its leadership change for the second time in about seven months with the entity affirming the appointment of a new Chairman.

The Central Bank of Sri Lanka (CBSL) announced today the appointment of six new Assistant Governors by the Governing Board.

The year 2024 is expected to be one of prosperity for Asia with the International Monetary Fund (IMF) expecting the region to maintain its momentum in delivering two-thirds to global growth.

Over 300 oil and gas cargo vessels visited the Hambantota International Port (HIP) in 2023, recording a 132 percent increase in vessel calls compared to 2022.

Sri Lanka Telecom (SLT) yesterday saw its Board members resign after President Ranil Wickremesinghe directed the Treasury Secretary last week to reconstitute the Board with immediate effect.

Policy rates will be maintained at their current levels, the Central Bank of Sri Lanka said today, its is first monetary policy announcement for the year.

Tourist arrivals to Sri Lanka crossed the 100,000 milestone within the first 15 days in January, signaling a remarkable spike in global interest in the island nation.

Sri Lanka’s renewable energy sector came under international spotlight this week with President Ranil Wickremesinghe calling on investors to take part in the island nation’s sustainability agenda.

Sri Lanka has come under the international spotlight once again for its unique tourism offering, but drawing attention this time round is the scenic city of Negombo.

The Employees’ Provident Fund (EPF) will be modernised going forward, the Central Bank said, with efforts underway for its operation to go almost paperless.

With effect from 1 January, persons who have not obtained a Taxpayer Identification Number (TIN) will be subjected to a penalty not exceeding Rs. 50,000, the Department of Inland Revenue cautioned.

The application process for the welfare scheme ‘Aswesuma’ will kick off towards the end of the month, the Finance Ministry said.

Entering the year with positivity, President Ranil Wickremesinghe said the government aims to achieve an economic growth of 3 percent in 2024, with a commitment to advancing even more rapidly.

Little Hearts project of the Lady Ridgeway Hospital for Children has received a generous Rs.1 billion donation from leading businessman and East-West Group of Companies Chairman, Nahil Wijesuriya.

With revisions to the Value Added Tax (VAT) coming into effect from 1 January, telecom giant Dialog Axiata has notified its consumers of the increases that will be seen in their monthly bills.

The World Bank today said it has released the US $ 250 second tranche of the US $ 500 million budget support loan for Sri Lanka that was approved in June 28, 2023.

Sri Lanka needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the first half of next year, IMF Senior Mission Chief for S

Sri Lanka’s gross foreign reserves are projected to reach US $3.8 billion by the end of 2023, according to International Monetary Fund (IMF) projections.

Sri Lanka and the country’s Official Creditor Committee (OCC) co-chaired by India, Japan and France as the Chair of the Paris Club have agreed on a debt restructuring deal, a statement issued by the Paris Club Secretariat said.

The Monetary Policy Board announced its decision to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points (bps) to 9.00 percent and 10.00 percent.