Sri Lanka’s workers’ remittances exceed USD 600 mn in June
Sri Lanka has received USD 635.7 million in workers’ remittances in June 2025, according to the latest figures released by the Central Bank of Sri Lanka (CBSL).
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SL Revenue Management Information System to be upgraded
Sri Lanka has focused on addressing technical glitches in the current Revenue Administration Management
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Billionaire Businessman Dhammika Perera buys East West Properties PLC
Sri Lanka businessman Kulappu Arachchige Don Dhammika Perera has bought 106.9 million shares of East West Properties PLC for 3.2 billion rupees.
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UK trade reforms set to boost Sri Lankan apparel exports and jobs
Sri Lanka stands to benefit significantly from the UK’s latest trade reforms, as the British government unveiled a series of upgrades to the Developing Countries Trading Scheme (DCTS) on 10 July.
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Exporters urge Sri Lankan Government to uphold transparent trade practices
The Joint Chambers of Commerce urged the Government of Sri Lanka to engage in meaningful consultation
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US used car prices surge as tariffs drive market volatility
A gauge of U.S. used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the COVID pandemic is climbing again,
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Ritz-Carlton Reserve Heads to Pottuvil,Sri Lanka
Ventive Hospitality and Marriott International have announced plans to open seven new hotels across India and Sri Lanka, including a high-end Ritz-Carlton Reserve in Pottuvil on Sri Lanka’s east coast. The Pottuvil project stands out as Sri Lanka’s only Ritz-Carlton Reserve, featuring 73 luxury villas and 80 branded residences. Positioned near Yala East National Park and Arugam Bay, the resort …
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Sri Lanka Revives Tourist VAT Refund Scheme to Boost Spending and Formal Retail Growth
NEWS OF THE DAY
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Customs records over Rs. 1 Trillion in revenue in first six months of 2025
Sri Lanka Customs has earned revenue exceeding Rs. 1 trillion (Rs. 1,000 billion) during the first six months of 2025, according to Media Spokesperson and Additional Director General of Customs Seevali Arukgoda.
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Central Bank Rolls Out Landmark Drive to Boost Financial Literacy in Sri Lanka
In a major step towards empowering Sri Lankans with essential financial knowledge, the Central Bank of Sri Lanka (CBSL) on Wednesday launched a wide-ranging financial literacy initiative.
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