Business News Archives - Page 17 of 52

Rs.4.5 Mn worth of jewelry and valuables stolen from Swiss Ambassador’s residence

CNL Reporter
May 1, 2025
Business News
jewelry
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A stock of gold jewelry, including a diamond-studded ring and luxury wristwatches,

Sri Lanka’s central bank makes Rs274bn profit in 2024

Sri Lanka’s central bank has made profits of 274 billion rupees, profit in 2024,

Sri Lanka awaiting US response over Trump tariffs proposals

CNL Reporter
April 30, 2025
Business News
Trump tariffs
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Sri Lanka is expecting a US response to proposals made by Sri Lanka to address a trade surplus and reduce import

Central Bank generates over Rs. 274 bln profit in 2024

CNL Reporter
April 30, 2025
Banking and Financial
Central Bank
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The Central Bank of Sri Lanka (CBSL) has reported a profit of Rs. 274.79 billion for the year 2024, according to its latest financial disclosures.

First quarter tea export dollar earnings hit 11-year high

CNL Reporter
April 29, 2025
Business News
tea export
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Sri Lanka in the first quarter has increased tea export dollar earnings by 5% year-on-year (YoY) to $ 370.9 million,

Tourist arrivals in Sri Lanka Surge 22percent in April 2025

CNL Reporter
April 29, 2025
Travel and Tourism
tourist arrivals
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Sri Lanka’s tourism sector continues to thrive in 2025, recording a 22.1% year-on-year increase in tourist arrivals during the first 24 days of April.

Hambantota Port Sees First Used Vehicle Shipment since Import Ban Lifted

CNL Reporter
April 29, 2025
Business News
Hambantota Port
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Hambantota International Port (HIP) received its first shipment of 1,560 used vehicles since Sri Lanka lifted the import ban, marking a key step in post-pandemic economic recovery.

Ceylon Tea Edges Closer to Full GI Certification by 2025:

CNL Reporter
April 28, 2025
Business News, News
Ceylon Tea
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The Sri Lanka Tea Board (SLTB) reveals that it expects to obtain and commence full implementation of Geographical Indication (GI) certification for Ceylon Tea by the end of 2025.