Business

116 Articles
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...

Business

Central Bank Governor highlights need for robust credit information systems

The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, underscored the importance of strengthening credit information systems to improve...

Business

Sri Lanka urged to adopt consistent tourism branding

Sri Lanka’s tourism industry continues to suffer from inconsistent and fragmented marketing strategies despite strong post-pandemic recovery and record earnings of over USD...

Business

UK Trade Envoy visits Sri Lanka to strengthen economic ties

Lord Hannett of Everton, the UK Prime Minister’s Trade Envoy to Sri Lanka, is on an official visit to Colombo from May 25...

Business

Sevanagala, Pelwatte sugar plants record Rs. 50 loss per kilo

The Sevanagala and Pelwatte sugar factories, operated under the Lanka Sugar Company (Pvt) Ltd., are reportedly incurring substantial losses of approximately Rs. 50...

Business

Around 10% reduction on orders on US tariffs uncertainty

While tariff negotiations between Sri Lanka and the US are ongoing till the 90-day grace period expires on July 8, Sri Lanka’s apparel...