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Foreign exchange matching platform debuts in Sri Lanka

  • CNL Reporter
  • March 10, 2025
  • Banking and Financial
  • Foreign exchange matching platform debuts in Sri Lanka
  • 0 Comments

New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market

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Worker remittances exceed US$ 1.1mn as of February

  • CNL Reporter
  • March 10, 2025
  • Banking and Financial
  • Worker remittances exceed US$ 1.1mn as of February
  • 0 Comments

Money sent home by Sri Lankans working abroad extended its growth through February,

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Sweet surge in growth for local confectioneries in early 2025

  • CNL Reporter
  • March 10, 2025
  • Business News
  • Sweet surge in growth for local confectioneries in early 2025
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UPWARD TRAJECTORY SUPPORTED BY IMPROVING ECONOMIC SENTIMENT, CONSECUTIVE FESTIVE SEASONS, AND A FORECASTED INCREASE IN CONSUMER SPENDING

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Sri Lanka to introduce new low-priced alcohol to curb illicit liquor?

  • CNL Reporter
  • March 9, 2025
  • Business News
  • Sri Lanka to introduce new low-priced alcohol to curb illicit liquor?
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The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the growing consumption of illicit liquor.

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Finance Ministry directs Vehicles importers to register it within 90 days:

  • CNL Reporter
  • March 7, 2025
  • Business News
  • Finance Ministry directs Vehicles importers to register it within 90 days:
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Vehicles that have been granted permission to be imported into Sri Lanka must be registered within 90 days,

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Colombo Port City Construction Delays Cause Heavy Losses for State

  • CNL Reporter
  • March 7, 2025
  • Constructions
  • NEWS OF THE DAY
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NEWS OF THE DAY

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Finance Ministry warns of import permit suspension for unregistered vehicles

  • CNL Reporter
  • March 7, 2025
  • Business News
  • Finance Ministry warns of import permit suspension for unregistered vehicles
  • 0 Comments

The Ministry of Finance says that importers must register at least 25% of the total number of vehicles imported within six months.

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Eight SSPs transferred; new Director appointed to FCID

  • CNL Reporter
  • March 7, 2025
  • Business News
  • Eight SSPs transferred; new Director appointed to FCID
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Sri Lanka Police has transferred eight Senior Superintendents of Police (SSPs) and assigned them new appointments, based on recommendations from the National Police Commission, the Police Media Division stated.

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Customs clarifies hybrid vehicle fuel tax controversy

  • CNL Reporter
  • March 6, 2025
  • Business News
  • hybrid vehicle
  • 0 Comments

Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance.The SLC clarified that there are two types of hybrid vehicles.

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SEC and Central Bank warn public of rising investment schemes

  • CNL Reporter
  • March 6, 2025
  • Banking and Financial
  • Central Bank
  • 0 Comments

The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.

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