The Consumer Affairs Authority (CAA) says that since a maximum retail price has been imposed on rice, raids will be conducted to penalize traders who sell rice at higher prices.
Continue Reading
The Special Interest Scheme for Senior Citizens, which grants 3% higher interest for 12-month fixed deposits will be in effect from today (01), the Ministry of Finance has announced.
Continue Reading
Now that Sri Lanka’s central bank has made a pro-cyclical rate cut as private credit is recovering reminiscent of its actions in 2015, 2018 and second half of 2019,
Continue Reading
Sri Lanka’s apparel industry is shifting focus to emerging and EU markets as exports to the U.S. dipped 7.59% in May 2025 due to uncertainty over potential Trump-era tariffs.
Continue Reading
Authorities have been urged to support the ornamental fish breeders by renovating the Ornamental Fish Breeding Centre in Aralaganwila which reportedly helped bring in foreign exchange to the country for several years.
Continue Reading
ATUM Beverages Pvt Ltd, a leading South Indian energy and soft drink manufacturing company, has announced its strategic entry into the Sri Lankan market, aiming to introduce its popular range of beverages and establish a local manufacturing facility. Speaking during a meeting with the Secretary General of the International Chamber of Commerce (ICC Sri Lanka), Attorney-at-Law Shanil Fernando, and senior …
Continue Reading
Authorities have been urged to support the ornamental fish breeders by renovating the Ornamental Fish Breeding Centre in Aralaganwila which reportedly helped bring in foreign exchange to the country for several years.
Continue Reading
Sri Lanka’s cabinet of ministers has approved a proposal to promote tourism activities at a colonial-era building in Nuwara Eliya, keeping the post office in operation, minister Nalinda Jayatissa said.
Continue Reading
Sri Lanka’s cabinet of ministers have approved the drafting of a new law on tourism to reform the administrative structure of the sector, spokesman Nalinda Jayatissa said.
Continue Reading
Sri Lanka’s merchandise exports rose 1.7 percent 1,028.52 million dollars in May 2025 from a year ago helped by
Continue Reading
