Business
Coconut exporters await budget relief amid rising challenges
Sri Lanka’s coconut product exporters are watching the upcoming national budget closely, hoping for relief measures and policy corrections to address industry concerns....
Brown sugar piles up as state institutions fail local farmers
The Galoya Plantations (Pvt) Ltd is facing a severe crisis as mountains of unsold brown sugar continue to pile up at its factory....
Govt. urged to act as unlicensed Chinese tour guides impact local tourism
The increasing presence of Chinese nationals working as self-employed tour guides in Sri Lanka has raised concern among local tourism stakeholders, with calls...
Vehicle prices likely to rise after 2026 Budget
The Sri Lanka Vehicle Importers’ Association says that vehicle prices could rise significantly across all categories following the presentation of the 2026 Budget,...
Sri Lanka’s apparel exports slump in US and UK markets
Sri Lanka’s apparel sector faced a significant setback in September, with exports to the United States and the United Kingdom dropping by 4.7%...
Ceylon Petroleum Corporation suffers 26.9 percent revenue loss
The Ceylon Petroleum Corporation (CPC) suffered a 26.9 percent revenue loss in 2024 since the entry of international suppliers to the local market,...
CoPF raises levies on imported onions and potatoes, calls for sweeping tariff reforms
The Committee on Public Finance (CoPF) has approved higher Special Commodity Levies (SCL) on imported big onions and potatoes, while issuing far-reaching directives...
SriLankan Airlines posts Rs. 2.7 billion loss, earnings down 134% YoY
National carrier SriLankan Airlines has reported a Rs. 2.73 billion net loss for the financial year ending 31 March 2025, marking a stark...
