Business

Cigarette smuggling costs Sri Lanka Rs.18bn in tax revenue in 2017

The government may have lost Rs.18 billion in cigarette tax revenue as a record 583 million illicit cigarettes were estimated…

6 years ago

Financial sector regulators sign MoU for consolidated risk-based supervision

Central Bank Governor Dr. Indrajit Coomaraswamy and representatives of the three regulators, viz, Central Bank Deputy Governor H.A. Karunaratne, SEC…

6 years ago

Sri Lanka to borrow US$ 1.85 bn from Japan for light rail project

17km light rail service between Colombo Fort and Malambe to have 16 stops Loan to be given at 0.1% interest…

6 years ago

Govt. mulls extending IMF loan programme by another year

From left: Senior Deputy Governor Dr. Nandalal Weerasinghe and Governor Dr. Indrajit Coomaraswamy Pic by Damith Wickramasinghe   Sri Lanka…

6 years ago

Holding operation in 2019: CB Chief

Governor says CB moving forward after political turmoil  Restarting plans to raise $2.9b needed for debt repayment in 2019  Reserves…

6 years ago

Colombo port handles record-breaking 7mn TEUs in 2018

From left : Ports, Shipping and Southern Development Minister Sagala Ratnayake signals the handling of the seven millionth TEU in…

6 years ago

Fascinating way to welcome 2019!

A man applies colour to a haircut with the number ‘2019’, depicted to welcome the New Year at a salon …

6 years ago

Central Bank holds policy rates steady

The Monetary Board of the Central Bank of Sri Lanka (CBSL) at the last policy review of the year decided…

6 years ago

Clean energy leader Costa Rica turns attention to electric cars

SAN JOSÉ (AFP) - Costa Rica likes to advertise itself as an ecological paradise, where more than 98 percent of…

6 years ago

Super luxury Marella Discovery makes her maiden call to Colombo

Sri Lanka Port Authority, Aitken Spence Shipping and Aitken Spence Travels officials with Marella Discovery Master Capt. Christopher N. Dodds…

6 years ago