Business

105 Articles
Business

Electricity tariff hike threatens Sri Lanka’s tea industry competitiveness

The recent 15% increase in electricity tariffs has posed a serious threat to Sri Lanka’s tea export sector, raising concerns over its global...

Business

Sri Lanka boosts export footprint with organic growth and ethical manufacturing

Sri Lanka is making significant strides in expanding its export portfolio, particularly in organic produce and ethical manufacturing, with 2025 shaping up to...

Business

Sri Lanka’s trade balance: Vehicle imports drive 29% surge in April trade deficit

Sri Lanka’s trade deficit has widened to USD 717.5 million in April 2025, marking a notable year-on-year increase from USD 557.7 million recorded...

Business

DFCC Bank becomes first foreign corporate to list a bond on India’s NSE International Exchange

DFCC Bank PLC has become the first foreign corporate entity to list a bond on the National Stock Exchange – International Exchange (NSE...

Business

Sugar importers warn tax hike will hit consumers

Sugar importers have warned President Anura Kumara Dissanayake against any move to increase the current import tax on sugar, arguing that such a...

Business

Biz community let down by Govt – Sri Lanka United National Business Alliance

The Sri Lanka United National Business Alliance (SLUNBA), which represents small and medium enterprises, says the current economic climate has made it extremely...

Business

Colombo Port transshipment decline continues for 4th month

The Port of Colombo’s transshipment volumes recorded a 5.8 percent year-on-year (YoY) decline in April 2025, reaching 495,456 twenty-foot equivalent units (TEUs), marking...

Business

Sri Lanka to be hit harder than India by US metal tariffs

Developing economies such as Sri Lanka, Brazil, Thailand and Vietnam are likely to bear the brunt of additional US tariffs on steel and...