Business

The Central Bank of Sri Lanka (CBSL) has issued a warning against the use of word ‘Finance’ in business names.

As the first shipment of vehicles is expected to arrive in Sri Lanka today since the government relaxed import restrictions on February 2, and we learns that almost all the new vehicles have been booked by customers and a waiting list is also now in progress.

The first batch of vehicles imported for private use arrived at the Colombo Port on Tuesday (25), following the Sri Lankan government’s decision to ease import restrictions after a five-year hiatus.

Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma disclosed in Parliament today (25) that SriLankan Airlines has been paying USD 900,000 per month in installments for three aircraft that remains unutilised for several years.

More than 7,000 people across several districts have been severely impacted by a drinking water shortage caused by the prevailing dry weather conditions affecting the island.

Arjun Aloysius, Director of W.M. Mendis Distilleries, and two others, who were serving a jail term for defaulting on a payment of Rs. 3.5 billion in Value Added Tax (VAT) by the company, were released from prison two months early based on their good behavior within the prison.

Sri Lankan mountaineering champion Johann Peiris arrived at the Bandaranaike International Airport (BIA) in Katunayake early this morning (Feb. 24) after successfully summiting Mount Vinson in Antarctica and Aconcagua in South America.

The government’s approval rating rose sharply after the election, from 24% in July 2024 to 62% in February 2025, when the latest round of the Gallup style ‘Mood of the Nation’ poll was conducted by Verité Research

After receiving the first batch of vehicles, the price of a brand-new Bajaj RE three-wheeler will be Rs. 1,995,000.

The spot gold price is trading at record highs and targets the psychological $3000 mark amid flight-to-safety inflows due to growing uncertainties regarding the Ukraine-Russia war and US President Trump’s tariff threats.