Business
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...
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...
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...
