Business

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) of the Central Bank at its current level of 8.00 per cent.

President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic Summit organized by the Ceylon Chamber of Commerce which kicks off today (28) to a sold-out audience at the Shangri La Hotel, Colombo.

Tourist arrivals to Sri Lanka have crossed the 170,000 mark within the first three weeks of January, provisional data from the Sri Lanka Tourism Development Authority (SLTDA) showed.

The latest report from the Sri Lanka Export Development Board (EDB) revealed that the country achieved a record-breaking total export revenue of US$ 16.17 billion in 2024.

The Adani Group has refuted reports claiming the cancellation of its 484 MW wind power projects in Mannar and Pooneryn, labeling them as “false and misleading.”

In order to avert a major coconut crisis in the coming months, Minister of Industry and Entrepreneurship Development Sunil Handunneththi and Minister of Plantation and Community Infrastructure K. V. Samantha Vidyarathna will submit a joint cabinet paper next week to urgently import coconut-related products

Central Bank’s loose policy to stoke inflationary pressures back again, helped by higher demand for credit and goods

Sri Lanka possesses a strong foundation for a digital economy, with 75 percent of the necessary skills already in place, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijesuriya.