Business

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -1.7% in November 2024 from -0.7% in October 2024, according to the latest data released by the Department of Census and Statistics.

Global rating agency, Moody’s yesterday upgraded the Government of Sri Lanka’s Long-Term Foreign Currency Issuer Rating to Caa1 from Ca

Despite Elon Musk’s Starlink, the satellite unit of SpaceX, being granted licence to operate in Sri Lanka, the organization is yet to apply for the import of devices

The All Share Price Index (ASPI) of the Colombo Stock Exchange recorded a new all-time high today (23), surpassing the 15,000 points mark for the first time in history.

With just nine days remaining until the start of 2025, the Government Printing Department has released the official calendar for the upcoming year,

Sri Lanka Customs confirmed that a total of 67,000 metric tons of rice were imported by traders before the private sector’s rice import deadline expired at midnight yesterday (20).

Gold prices in Sri Lanka have seen a notable increase, according to the latest market data from the Colombo Gold Centre.

Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default)

The government has decided to further ease certain restrictions imposed on outward remittances for a six month-period until June next year based on recommendation of the Central Bank (CB).

The government has extended the temporary lifting of rice import restrictions, allowing private importers to bring in rice without a license until January 10.