The Annual Report of National Savings Bank (NSB) for the year 2022

‘Samagi Sewaka Sangamaya’, a trade union attached to the ‘Samgi Jana Balawegaya’ (SJB) political party, has filed a Fundamental Rights petition seeking Supreme Court’s intervention in regularising the proposed privatisation of Sri Lanka Tel

SLT-Mobitel recently unveiled its technologically advanced, high-tech operational green headquarters, first in the history of SLT, located at Welikada, Colombo.

Tourist arrivals to Sri Lanka fell below the 100,000 mark for the first time this year due to the drop in momentum in the month of May,

BBC: Canada will soon print warning labels directly on cigarettes in a world-first, the country’s health agency announced.

Tourist arrivals to Sri Lanka fell below the 100,000 mark for the first time this year, with the month of May welcoming a total of 83, 309 international visitors.

The Monetary Board of the Central Bank relaxes policy interest rates by 250 basis points. Accordingly, SDFR comes down to 13 percent and SLFR to 14 percent.

Headline inflation in Colombo district measured by Colombo Consumer Price Index (CCPI) decelerated to 25.2 percent in May from 35.3 percent in April largely owing to higher base effects in last year.

The Export Development Board (EDB) will host an ‘Open Day’ event in mid-June, an effort towards providing businesses a platform to explore the opportunities and avenues to cater to the international market.

Food security in Sri Lanka is improving across all provinces, but is still prevalent within specific regions, the Crop and Food Security Assessment Mission (CFSAM) report revealed.

President Ranil Wickremesinghe yesterday highlighted the importance of Japanese investments to push the revival of Sri Lanka while affirming commitment to stabilising and liberalising the economy and actively inviting new foreign ventures.

Ceylon Tea came under fresh focus in Tehran recently, with the Sri Lankan Embassy promoting the premium product to locals on International Tea Day 2023, May 21.

In an attempt to promote entrepreneurship among the youth of Sri Lanka, the International Labour Organisation (ILO) collaborated with the Central Bank of Sri Lanka this week to explore avenues that would help create a favourable ecosystem to build ne

BBC: There has been a second day of disruption for travellers at Heathrow after British Airways cancelled at least 42 more short-haul flights following Thursday’s IT problems.

Construction and housing expo Build Sri Lanka 2023 kicked off yesterday at the BMICH, showcasing the latest development in the industry.

The kithul industry in the Ratnapura district has developed into a high income generating industry by the Agriculture Ministry, with several product categories successfully reaching the shelves of international markets.

The offerings at the Colombo Tea Auction totalled 7.1 MnKgs, similar to that of last week and were met with fair demand at easier rates.

Sri Lanka’s merchandise exports plunged 16.5 percent year-on-year (YoY) to US $ 814.1 million in April, bringing the cumulative export earnings for the first four months of 2023 to US $ 3.81 billion, an decrease of 9.78 percent YoY, data from the E

Sri Lanka needs to step up efforts in enticing a larger proportion of its population across all provinces towards embracing entrepreneurship so that the impacts of the ongoing economic crisis would lessen, the Central Bank asserted.

In an effort to become more integrated in global trade, Sri Lanka will apply for membership to the Regional Comprehensive Economic Partnership (RCEP), President Ranil Wickremesinghe announced yesterday.

For the sixth time in its post-independent history, Sri Lanka has been able to record Rs.48 billion surplus in the primary balance of fiscal accounts during the first quarter of this year, State Minister of Finance Ranjith Siyambalapitiya revealed.

The leading blue-chip conglomerate, Aitken Spence PLC reported an impressive EBITDA (earnings inclusive of equity accounted investees, before interest expenses, tax, depreciation, and amortization) of Rs. 30.1 billion with a growth of 30.3 percent, s

Thaala Bentota, formerly known as Avani Bentota, unveiled its rebranding yesterday, marking a new era of excellence in Sri Lankan hospitality.

Senior banker Damith Pallewatte is set to take reins from Jonathan Alles as the Managing Director/CEO of Sri Lanka’s second largest private bank, Hatton National Bank PLC with effect from August 24, 2024.

The downward trajectory of Sri Lanka’s tea production is expected to reverse in 2Q23, tea brokers said.

Laugfs Holdings Limited, one of Sri Lanka’s largest diversified conglomerates with a portfolio of over 20 businesses spanning multiple industries, has recently appointed Agasthi Jayagoda as General Manager - Group Head of Strategy.

Efforts are underway to form a Cyber Security Authority this year, the Ministry of Technology announced today.

Concluding its visit to Sri Lanka, the International Monetary Fund (IMF) staff mission says the macroeconomic situation in the country is showing tentative signs of improvement, with inflation moderating, the exchange rate stabilizing and the Central

The 10th edition of Sancharaka Udawa, Sri Lanka’s largest travel and tourism fair, kicked off yesterday, bringing together industry officials and professionals onto a single platform.

Sri Lanka’s rupee further appreciated against the US dollar (US$) yesterday dropping below Rs.300 for the first time since April last year as the Central Bank (CB) took a breather from its dollar purchases to allow consumption to rebound.