LNP - Increased demand for kerosene stoves in Pettah: Traders’

2021-10-15   |   Business

There is an acute scarcity of kerosene cookers in the Pettah market due to the sudden and colossal price increase of cooking gas, the Pettah United Na...

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LNP - Priority to import environment friendly electric vehicles to reduce air pollution: Amaraweera

2021-10-08   |   Business

The government is to give priority to import electric vehicles in the future as a measure to reduce air pollution in our country, Environment Minister...

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LNP - SL’s economy projected to grow by 3.3% amidst uncertainties -WB

2021-10-07   |   Business

Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and...

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LNP - Central Bank to make surrendering of export earnings mandatory

2021-10-01   |   Business

The Central Bank, under the instructions of newly appointed Governor Ajith Nivard Cabraal, will take such steps among others to replenish dwindling fo...

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LNP - 100% cash margin rule on non-essential imports removed

2021-10-01   |   Business

The 100 percent cash margin rule on non-essential imports will be removed with immediate effect, the Central Bank Governor Ajith Nivard Cabraal said. ...

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LNP - Prez pitches investment opportunities in SL to Kuwait

2021-09-23   |   Business

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible destination for invest...

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LNP - Banks watchful of foreign currency transactions via cards

2021-09-17   |   Business

Local banks on their own have started implementing a set of measures on limiting foreign currency transactions via debit and credit cards due to the v...

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LNP - Sri Lanka Retailers Association announces, Sri Lanka Retail Forum 2021

2021-09-14   |   Business

The Sri Lanka Retailers Association (Guarantee) Ltd (SLRA), recently entered in an MOU with the Ceylon Chamber of Commerce to organize the island’s ...

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LNP - CB further tightens noose on imports to preserve currency

2021-09-10   |   Business

The Central Bank of Sri Lanka (CBSL) announced today its decision to impose a 100 percent cash margin deposit requirement against the importation of s...

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LNP - 35 acres land of Welikada prison complex to be allocated for investments

2021-09-07   |   Business

Around 35 acres of land out of 40 acres of the Welikada Prison premises in Borella will be set aside for investments after the prison complex is moved...

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