Business

Sri Lanka and China signed fifteen Memorandums of Understanding (MoU) following bi-lateral talks bewteen the two countries, Foreign Minister Vijitha Herath said today.

Chinese leader Xi Jinping said relations between China and Sri Lanka faced a “historical opportunity” to foster ties,

The People’s Republic of China has played a vital role in the social and economic development of Sri Lanka for decades, President Anura Kumara Dissanayake said after meeting Chinese President Xi Jinping today.

Minister of Trade, Commerce and Food Security Wasantha Samarasinghe stated that the current shortage of Red Rice in the market emerged as a result of mismanagement by previous governments, while assuring the public that measures are being taken to address the situation.

Deputy Minister of Digital Economy Eranga Weeraratne states that the issuance of digital national identity cards is set to commence this month

Most buses which currently ply on Sri Lankan roads are built on lorry chassis are not in conformity with modern mass transportation standards in terms of passenger comfort

The market value of the investments made by the Employees’ Provident Fund (EPF) in companies listed on the Colombo Stock Exchange (CSE) is Rs. 109.69 billion as of September 30, 2024, according to the latest report released by the fund.

The prices of cigarettes have been increased from tomorrow (January 11) in line with the increase in the Excise Duty imposed on cigarettes, according to the Ceylon Tobacco Company (CTC).

The prices of liquor will also increase by approximately 6% following the hike in Excise Duty imposed on liquor with effect from tomorrow (January 11).

The Container Transport Vehicle Owners Association reports that between 800 to 1,000 container transport vehicles are currently stranded at the Colombo Port due to significant delays in the clearance of imported containers.