Business
Sri Lanka poised for 4.5% growth in 2025- CB Governor
Sri Lanka’s economy is on a stable path towards recovery, with inflation under control and growth projected at 4.5% for the year, says...
S&P warns of holdout risk in SriLankan Airlines bond restructuring
S&P Global Ratings has warned that the ongoing restructuring of government-guaranteed SriLankan Airlines bonds could face complications from “holdout creditors.” The warning comes...
Tea industry stagnating while Govt targets remain out of reach
Sri Lanka’s tea industry—long celebrated for its iconic Ceylon Tea—is at a critical juncture, with stakeholders calling for urgent investment in smallholder plantations...
Sri Lankan exporters struggle as Colombo Port delays force shipping lines to reroute
Sri Lankan exporters are once again grappling with mounting uncertainty as severe operational delays at the Port of Colombo prompt major international shipping...
Prime Lands makes landmark Rs. 3.5 billion acquisition in Colombo 4
Prime Lands Residencies PLC has acquired over one acre of prime real estate on Station Road, Bambalapitiya for Rs. 3.5 billion, marking one...
Central Bank has room to cut rates but will be cautious, says governor
The Central Bank of Sri Lanka (CBSL) has room to cut interest rates further but is treading carefully to preserve a buffer against...
Price controls impact Keeri Samba availability in Pettah
Rice wholesalers in Colombo’s Pettah market have halted the sale of Keeri Samba rice as producers are supplying the variety at prices higher...
Palm oil ban drains Sri Lanka’s reserves by $35 Million annually, warns industry body
Sri Lanka’s ban on palm oil cultivation is costing the country millions in foreign exchange and threatening its fragile economic recovery, the Planters’...
