Business
BYD’s Sri Lanka steering into electric mobility shadowed by Nepal CG Corp tax issues
Sri Lanka’s biggest blue-chip, John Keells Holdings PLC (JKH), is steering into electric mobility through a high-profile partnership with Nepal’s Chaudhary Group (CG...
ADB lowers growth outlook for Sri Lanka in 2026
The Asian Development Bank (ADB) has kept its growth forecast for Sri Lanka steady at 3.9% for 2025, matching its April projection, but...
Logistics sector warns Govt over SVAT removal
The Sri Lanka Logistics and Freight Forwarders Association (SLFFA) has urged the Government to urgently reconsider recent alterations to the Simplified Value Added...
Sri Lanka’s apparel exports dip in August
Sri Lanka’s apparel exports fell slightly in August as demand from key European markets softened, but cumulative export performance for the year remains...
Homegrown favourite Dinemore expands with a new twist: Enter DinemoreGo
Dinemore (Pvt) Ltd., Sri Lanka’s pioneering homegrown quick service restaurant (QSR) chain, has announced the launch of its newest venture: DinemoreGo. As part...
Govt’s tax gamble will lead to damaging repercussions for SMEs
Sri Lanka’s rubber industry has raised serious concerns over the government’s decision to abolish the Simplified Value Added Tax (SVAT) scheme from 1...
HSBC to end its retail banking in Sri Lanka
Banking giant HSBC will wind up its retail banking operations in Sri Lanka by mid-2026, it was announced on Wednesday. It is one...
CBSL keeps policy rate at 7.75%
The Monetary Policy Board of the Central Bank of Sri Lanka has decided to keep its Overnight Policy Rate (OPR) unchanged at 7.75%....
