Business
Transparency International moves Supreme Court challenging Companies (Amendment) Bill
Transparency International Sri Lanka (TISL) filed legal action on Thursday 19 June 2025, in the Supreme Court challenging the Bill to amend the...
Singaporean investor threatens shutdown over export restrictions
A Singaporean company that invested US$ 8 million in a foam mattress manufacturing plant in Sri Lanka has threatened to shut down operations,...
CBSL warns against overseas real estate promotions
The Central Bank of Sri Lanka (CBSL) has issued a strong public warning against advertisements promoting overseas property investments, warning that many of...
Six tea factories were shut this year so far – Minister
As many as 213 tea factories had been closed down due to various reasons since 1986, said Minister of Plantation and Community Infrastructure...
EDB partners with ADB to formulate Sri Lanka’s National Export Development Plan (NEDP) 2025-2029
The Sri Lanka Export Development Board (EDB), together with the Asian Development Bank (ADB), is steadily progressing in the development of the National...
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...
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...
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...
