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Sri Lanka earns Top 10 spot among BBC’s “25 Best Places to Travel in 2025”

  • CNL Reporter
  • January 21, 2025
  • Travel and Tourism
  • Sri Lanka earns Top 10 spot among BBC’s “25 Best Places to Travel in 2025”
  • 0 Comments

Recognized by the BBC as the ninth destination on its prestigious list of “The 25 Best Places to Travel in 2025,” Sri Lanka continues to capture the imagination of travelers worldwide.

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Colombo Port sets new transshipment mark with 6.31mn TEUs in 2024

  • CNL Reporter
  • January 21, 2025
  • Business News
  • Colombo Port sets new transshipment mark with 6.31mn TEUs in 2024
  • 0 Comments

The transshipment volumes handled by the Port of Colombo jumped by 9.7 percent year-on-year (YoY) to a record high of 6.31 million 20-foot equivalent units (TEUs) in 2024, with the transshipment volumes accounting for 81 percent of the port’s container throughput during the year.

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Wheat flour regulation hits doughy patch with industry

  • CNL Reporter
  • January 21, 2025
  • Business News
  • Wheat flour regulation hits doughy patch with industry
  • 0 Comments

Sri Lanka’s new food regulation, mandating an 80 percent extraction rate for wheat flour has raised serious concerns across the industry, with stakeholders warning that its immediate roll-out could alter consumption patterns, and in turn have adverse effects on key sectors.

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2025 Tourism boom begins with over 112,000 travelers arrival in Sri Lanka

  • CNL Reporter
  • January 20, 2025
  • Travel and Tourism
  • Tourism
  • 0 Comments

The tourism industry is witnessing a remarkable surge, welcoming over 112,000 visitors in the first two weeks of January, setting an optimistic tone for Sri Lanka’s trajectory in 2025.

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Sri Lanka to Receive 15,000 Metric Tons of Salt from India Next Week

  • CNL Reporter
  • January 20, 2025
  • Business News
  • Salt
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Sri Lanka State Trading Corporation says that 15,000 metric tons of salt ordered from India will arrive in Sri Lanka next week.General Manager of the Corporation, Chamila Iddamalgoda confirmed that permission has been granted to two importers to import salt from India to Sri Lanka.

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Tea production reaches three-year high in 2024

  • CNL Reporter
  • January 20, 2025
  • Business News
  • Tea production reaches three-year high in 2024
  • 0 Comments

Sri Lanka’s tea production hit a three-year high in 2024, bouncing back from detrimental policy decisions in 2021 and the lingering impacts of climate change.

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Sri Lanka’s Bicycle Industry on the Brink of collapse

  • CNL Reporter
  • January 20, 2025
  • Business News
  • Sri Lanka’s Bicycle Industry on the Brink of collapse
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Employees of Lumala City Cycle Industries Manufacturing Ltd., are calling for urgent Government intervention as their company faces an unprecedented crisis that threatens to shut down one of South Asia’s leading bicycle manufacturers.

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“”Tax Trap Tiles: Importers, Consumers Bear the Brunt of Protectionism”

  • CNL Reporter
  • January 20, 2025
  • Business News
  • ""Tax Trap Tiles: Importers
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News of the day

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Beira Lake gets a fresh start

  • CNL Reporter
  • January 18, 2025
  • Constructions
  • Beira Lake gets a fresh start
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The Beira Lake in Colombo is undergoing a much-needed cleanup operation. Workers and volunteers are coming together to remove debris, clear invasive plants, and restore its natural beauty.

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Sri Lanka renews $1.4 bln worth Chinese Yuan currency swap

  • CNL Reporter
  • January 17, 2025
  • Banking and Financial
  • Sri Lanka renews $1.4 bln worth Chinese Yuan currency swap
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Sri Lanka has renewed a $1.4 billion worth Yuan currency swap with China during the official Beijing visit of President Anura Kumara Disanayake, a joint statement by the both countries said.

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