Sri Lanka services expand at slower rate in April due to tariffs: PMI
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
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
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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Tourist arrivals surge early May reaching 32% of 2025 target
1 – 13 May arrivals up 21.53% YoY
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LA 2028 Olympics plans air taxi service for spectators
Spectators could fly through the Los Angeles skies and escape the city’s notorious traffic during the
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Sri Lanka’s adventure tourism market to hit USD 2.1 billion by 2035:
The Sri Lanka hiking and trekking tourism market is poised for remarkable growth, with its market size estimated
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Sri Lanka, India’s EXIM Bank signs debt restructuring agreements worth USD 930mn
The bilateral amendatory agreements have been signed between the Government of Sri Lanka and the Export –
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Tariff jitters cast long shadow over SL’s rubber sector
The global rubber market is already feeling the tremors of policy uncertainty, with Sri Lanka caught in the
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World Bank provides US$ 1 bn to boost jobs and private sector growth in SL
The World Bank Group yesterday announced a major initiative to support job creation and unlock private sector
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Philippine Coconut Authority forecasts continued rise in coconut oil prices
Coconut oil prices are expected to continue rising due to global supply challenges and increased demand,
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