Business

The Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe says it will take at least two years for Sri Lanka to reach a real GDP value similar to that of 2018.

According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world.

US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen the global trade war.

The government plans to develop the Nuwara Eliya Post Office as a tourist attraction while continuing to offer postal services, Cabinet Spokesman Minister Nalinda Jayatissa said.

Elon Musk’s Starlink satellite internet services will be available in Sri Lanka starting in April, as stated by the Director General of the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), Cabinet spokesman and Minister Nalinda Jayatissa sai

The Chief Executive Officer (CEO) of SriLankan Airlines Richard Nuttall states that as Sri Lanka’s economy recovers and tourism returns, SriLankan Airlines is benefiting from an operationally profitable period, marking three years of consistent performance

An Extraordinary Gazette Notification has been issued to implement a maximum retail price mechanism for medicines.

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%, citing confidence in the current monetary stance to guide inflation towards its 5% target while supporting economic growth.

Cable car projects that operate more than a kilometre between two mountains without any support are rare in the world. The Sri Lankan people will have the chance to experience this rare opportunity before the end of this year.

Senior Economic Advisor to the President, Duminda Hulangamuwa, confirmed that there will be no revision of taxes on vehicle imports this year.