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Government Eyes Third Year of Current Account Surplus

  • CNL Reporter
  • May 24, 2025
  • Banking and Financial
  • Governor Nandalal Weerasinghe
  • 0 Comments

Sri Lanka is on track for a third consecutive year of current account surplus, Central Bank Governor Nandalal Weerasinghe

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CSE Inches Up After Rate Cut Amid Cautious Trading

  • CNL Reporter
  • May 24, 2025
  • Business News
  • CSE
  • 0 Comments

The Colombo Stock Exchange closed slightly higher after the Central Bank of Sri Lanka cut rates by 25 basis points,

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CB cuts rates to pre-empt any fallout from trade uncertainty

  • CNL Reporter
  • May 23, 2025
  • Banking and Financial, News
  • CB
  • 0 Comments

Overnight policy rate trimmed 25bps to 7.75%, first time since November last year

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Varun Beverages to Acquire 50% Stake in Sri Lankan Cooler Firm for $3.75M

  • CNL Reporter
  • May 22, 2025
  • Business News
  • Varun Beverages
  • 0 Comments

Varun Beverages, the India-based franchise holder for PepsiCo with operations extending to Africa,

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80,000 tourists arrive in Sri Lanka in May

  • CNL Reporter
  • May 22, 2025
  • Travel and Tourism
  • tourists arrive
  • 0 Comments

The number of tourists who arrived in the country in the first 18 days of May stood at 80,421, the Sri Lanka Tourism

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New Debt Management Unit to be fully functional by end of 2025

  • CNL Reporter
  • May 20, 2025
  • Banking and Financial
  • New Debt Management Unit
  • 0 Comments

Central Bank Economic Research Department Director Dr. S. Jegajeevan said the Debt Management Unit

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TIN to be made mandatory when opening bank accounts

  • CNL Reporter
  • May 20, 2025
  • Banking and Financial
  • TIN
  • 0 Comments

The Cabinet of Ministers has approved the proposal to initiate necessary amendments to the Inland

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Sri Lanka services expand at slower rate in April due to tariffs: PMI

  • CNL Reporter
  • May 20, 2025
  • Business News
  • PMI
  • 0 Comments

Sri Lanka’s services sector expanded in April 2025, but at a slower rate than March because of tariff uncertainties,

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CBSL Chief dismisses 44% tariff on Sri Lankan exports to US

  • CNL Reporter
  • May 19, 2025
  • Banking and Financial
  • CBSL
  • 0 Comments

Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe last Friday stated that the imposition of a

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Sri Lanka financial VAT surges as taxes overshadow retained profits in banks

  • CNL Reporter
  • May 17, 2025
  • Banking and Financial
  • financial VAT
  • 0 Comments

Sri Lanka’s collection of financial VAT charged mainly on banks have surged over 400 percent to 40.4 billion rupees

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