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Sri Lanka to develop new nation branding tourism strategy

  • CNL Reporter
  • December 6, 2024
  • Travel and Tourism
  • Sri Lanka to develop new nation branding tourism strategy
  • 0 Comments

Sri Lankan authorities are bringing together all stakeholders in tourism at a conference in January to finalise a nation branding strategy to propel the industry which is enjoying a period of growth, officials said.

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BOC partners Sri Lanka Post to revolutionise banking access

  • CNL Reporter
  • December 6, 2024
  • Banking and Financial
  • BOC partners Sri Lanka Post to revolutionise banking access
  • 0 Comments

The Bank of Ceylon (BOC) and Sri Lanka Post have entered a ground-breaking partnership to reshape the accessibility of banking services across Sri Lanka.

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Millers agree to supply rice at controlled price to market

  • CNL Reporter
  • December 5, 2024
  • Business News
  • Millers agree to supply rice at controlled price to market
  • 0 Comments

Rice millers have agreed to supply 200,000 kilograms of rice daily to the market through the ‘Lanka Sathosa’, at a controlled price effective from today (04),

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Fraudulent Vehicle Imports incur a loss Rs. 3 Billion in tax revenue

  • CNL Reporter
  • December 5, 2024
  • Business News
  • Fraudulent Vehicle Imports incur a loss Rs. 3 Billion in tax revenue
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Behind the News

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UK-Sri Lanka Trade Mission Boosts Opportunities for Women Entrepreneurs

  • CNL Reporter
  • December 4, 2024
  • Business News
  • UK-Sri Lanka Trade Mission Boosts Opportunities for Women Entrepreneurs
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The UK-Sri Lanka Trade Mission, held from December 2-6 under the UK-funded SheTrades Commonwealth+ Program, is strengthening economic ties between the two nations while spotlighting women-led businesses.

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Sri Lanka’s Debt Restructuring gains momentum

  • CNL Reporter
  • December 4, 2024
  • Business News
  • Sri Lanka’s Debt Restructuring gains momentum
  • 0 Comments

Sri Lanka’s efforts to address its debt crisis have gained significant momentum as bondholders representing the country’s US $12.55 billion in International Sovereign Bonds (ISBs) have committed to debt restructuring.

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Sri Lanka to expand blue economy with marinas in 21 fishery harbours

  • CNL Reporter
  • December 3, 2024
  • Business News
  • Sri Lanka to expand blue economy with marinas in 21 fishery harbours
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Sri Lanka has untapped potential in marine linked activities, with 1,340 kilometres of coastline and two seasons that allow year-round action, and can be expanded into a billion US dollar industry quickly, an industry official said.

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Sri Lanka’s Inflation Remains Negative for Third consecutive Month

  • CNL Reporter
  • December 3, 2024
  • Business News
  • Sri Lanka's Inflation Remains Negative for Third consecutive Month
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Sri Lanka’s headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), remained in negative territory for the third consecutive month, recording a deflation of 2.1% in November 2024.

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Vehicle importer opens registrations ahead of import ban lift

  • CNL Reporter
  • December 3, 2024
  • Business News
  • Vehicle importer opens registrations ahead of import ban lift
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Since the government has approved the resumption of vehicle imports, a leading vehicle importer has started registering individuals interested in purchasing new vehicles once the restriction on private vehicle imports is lifted.

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Central Bank expects the end of deflation by second quarter 2025

  • CNL Reporter
  • December 2, 2024
  • Banking and Financial
  • Central Bank expects the end of deflation by second quarter 2025
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The Assistant Governor of the Central Bank of Sri Lanka (CBSL), Dr. Chandranath Amarasekara says that they do not expect the deflation to continue for a long time to have an impact on country’s production.

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