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Tuesday February 27th, 2024

Sri Lanka cancels permit of Prasanna Money Exchange

For "non-compliances committed by Prasanna Money Exchange"

December 12, 2022 2 min read

Sri Lanka remittances inch up to US$384mn Nov 2022

Remittances up 41-pct from when a semi-official parallel market was killed

December 12, 2022 2 min read

Sri Lanka forex reserves US$1,804mn in Nov 2022

Central bank purchases from banks marginally positive

December 12, 2022 1 min read

Vietnam foreign reserves plunge US$15.6bn in 3Q as exports soar

Exports up 15.9 pct to US$312bn by October 2022

December 11, 2022 3 min read
Only 31,000 out of 500,000 Sri Lankans pay income tax: parliament committee

The need to re-register private tax files had also been discussed.

Sri Lanka local currency rating likely to be upgraded after DDR: Fitch

Fitch downgraded Sri Lanka's local currency issuer default rating from 'CC' to 'C' after a DDR announcement

Sri Lanka tax privilege to be given for unregistered vehicles already imported

A priviledge given to state workers, denied to ordinary citizens, in the form of a 'permit' to slash taxes payable on ve...

August 30, 2020 2 min read

Sri Lanka eyes more exports to China, mulls re-activating FTA talks

Sri Lanka is eying more exports to China in the Covid-19 era by participating in an import fair in the country and also ...

August 29, 2020 2 min read

Sri Lanka parliament passes vote-on-account for Aug-Dec 2020

Sri Lanka's parliament passed a vote-on-account authorizing the spending of 949.7 billion rupees from August to December...

August 28, 2020 1 min read

Opinion: Treat roadbuilding in Sinharaja with caution

The road that connects Neluwa to Deniyaya is mired in controversy, with many questions being asked about the development...

Kshama Ranawana
August 28, 2020 8 min read

Sri Lanka's last administration also printed money: Minister Cabraal

Sri Lanka's last administration had also printed money almost from the time they started in 2015, though now charges are...

August 28, 2020 3 min read

Government violated the Constitution by passing Votes on Account without Parliament - Harsha

The Main Opposition Samagi Jana Balavegaya (SJB) says the government should admit it violated the constitution when it a...

August 27, 2020 2 min read

Sri Lanka to call contractors for Rs6bn flyover in Colombo

Sri Lanka will call bids from domestic contractors shortly to build a flyer in the Slave Island area of the capital Colo...

August 27, 2020 1 min read

Sri Lanka cabinet approves changes to tax laws

Sri Lanka's cabinet of ministers had approved changes to a series of tax laws proposed by Prime Minister and Finance Min...

August 27, 2020 1 min read

Sri Lanka export agency to help get US and EU approval for Covid-19 nanotech

Sri Lanka's Export Development Board said it getting ready to help get approval from US and EU medical regulators for C...

August 27, 2020 1 min read

'Business facility unit' to expand Sri Lanka's coconut market globally

Sri Lanka’s Coconut Development Authority (CDA) will set up a business facility unit at the Coconut Processing Researc...

Chanka Jayasinghe
August 26, 2020 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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US Dollar 315.8517 316.0679
UK Pound 401.4574 401.2833
Euro 343.4590 344.0649
Aus Dollar 209.1156 209.2045
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pts %
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3-m bill 21.72 21.79
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today yesterday
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Gotabaya says “turn Samurdhi recipients into micro-entrepreneurs”

President Gotabhaya Rajapakse has said that poverty and social inequality can be lessened by launching new avenues of re...

August 25, 2020 2 min read

Sri Lanka comfortable repaying foreign debt, sovereign bond in 2020

Sri Lanka has see no difficulties repaying foreign debt 2020, including a billion dollar sovereign bond, with only 2.5 b...

August 25, 2020 2 min read

Sri Lanka egg output, export opportunity hit by maize import ban, collector oligopoly

Sri Lanka's egg production has been hit with a maize import ban and a powerful collector oligopoly driving up maize pric...

August 24, 2020 3 min read

Sri Lanka seeks parliament nod for Sept-Dec 2020 vote-on-account

Sri Lanka has submitted a draft vote-on-account or mini budget to parliament seeking approval to spend 949.76 billion ru...

August 23, 2020 1 min read

Advocata commends the launch of E-registry for businesses

Advocata is commending the decision taken by the Department of Census and Statistics (DCS) to launch an e-registry porta...

August 22, 2020 2 min read

Sri Lanka hikes import tax on potatoes

Sri Lanka has hiked the tax on imported potatoes to 55 rupees a kilogram with effect from August for four months, a Fina...

August 22, 2020 1 min read

Sri Lanka to reactivate export development council of ministers

Sri Lanka's newly appointed trade minister Bandula Gunewardene had said he would revive an Export Development Council of...

August 22, 2020 1 min read

Sri Lanka's Sanken gets offshore finance for construction imports amid trade controls

Sri Lanka's Sanken group said it has secured offshore import financing facility suported by Hatton National Bank and Peo...

August 21, 2020 2 min read

Sajith sees a gap between Gotabaya's goals and the plans to achieve them

The Leader of the Opposition Sajith Premadasa says there is a huge gap between the goals laid out in the President’s p...

August 21, 2020 1 min read

Sri Lanka statistics office under pressure to show higher economic growth numbers

Sri Lanka's central bank will start discussions with the Department of Census and Statistics after it reported a 1.6 per...

August 21, 2020 2 min read