Business
Export disruptions could undermine Sri Lanka’s fragile economic recovery
Sri Lanka’s export sector has suffered widespread damage from recent severe weather, raising concerns about the country’s fragile economic recovery, the National Chamber...
Tourism, supply chains disrupted as Sri Lanka assesses cyclone damage
Sri Lanka’s ongoing disaster is expected to delay the country’s fragile economic recovery and may require revisions to growth and fiscal forecasts, according...
President calls on private sector to aid post-flood relief and reconstruction
President Anura Kumara Dissanayake emphasized the critical role of Sri Lanka’s business community in aiding both immediate relief operations and long-term recovery following...
High costs and tariffs push Sri Lanka’s rubber exports to historic lows
Sri Lanka must urgently address the continued decline in rubber export earnings, which have fallen below US$950 million this year, Export Development Board...
Sri Lanka’s film industry held back by tax barriers
Sri Lankan film distributors and producers have raised concerns over irregularities in Value Added Tax (VAT) payments and tax-related barriers to industry growth...
Sri Lanka’s apparel exports to UK fall nearly 12% in October
Sri Lanka’s apparel exports to the United Kingdom dropped 11.9% in October compared with the same month last year, the Joint Apparel Association...
Central Bank says top executives still fall victim to illegal pyramid schemes
Warnings have failed to deter senior executives and intellectuals from participating in illegal pyramid schemes, Central Bank Deputy Governor K.G.P. Sirikumara said. “It...
Palm oil ban fuels economic and poverty concerns in Sri Lanka
The Sri Lankan government continues to give preferential treatment to coconut oil while discouraging oil palm cultivation which has increased foreign exchange losses...
