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ADB backs Sri Lanka’s growing investment potential in key sectors

  • CNL Reporter
  • November 28, 2024
  • Banking and Financial
  • ADB backs Sri Lanka’s growing investment potential in key sectors
  • 0 Comments

The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka,

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Coconut imports imperative for export revenue surge

  • CNL Reporter
  • November 27, 2024
  • Business News
  • Coconut imports imperative for export revenue surge
  • 0 Comments

Local authorities are still awaiting approval to lift the ban on the import of coconut kernels,

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Foreign investments encouraged in the mineral sector despite controversies

  • CNL Reporter
  • November 27, 2024
  • Investment
  • Foreign investments encouraged in the mineral sector despite controversies
  • 0 Comments

Sri Lanka is promulgating new laws and initiatives in the hope of securing up to 10 foreign investments in mining with a view to increasing transparency and deriving greater value from the country’s mineral resources.

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Central Bank further eases monetary policy stance

  • CNL Reporter
  • November 27, 2024
  • Banking and Financial, News
  • Central Bank further eases monetary policy stance
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The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 November 2024,

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Sri Lanka budget deficit down 40-pct to September, taxes up 39-pct

  • CNL Reporter
  • November 25, 2024
  • Business News
  • Sri Lanka budget deficit down 40-pct to September, taxes up 39-pct
  • 0 Comments

Sri Lanka’s tax revenue was up 39 percent to 2,918.3 billion rupees in the nine months to September 2024 from a year ago, while the budget deficit was down 40 percent, official data show.

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Sri Lanka’s Economic Centres fail to Benefit Farmers and Consumers

  • CNL Reporter
  • November 25, 2024
  • Business News
  • Sri Lanka’s Economic Centres fail to Benefit Farmers and Consumers
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Sri Lanka’s dedicated economic centres are currently controlled by few entrepreneurs by providing opportunity for

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Tourist arrivals surge in first 20 days of November

  • CNL Reporter
  • November 25, 2024
  • Travel and Tourism
  • Tourist arrivals surge in first 20 days of November
  • 0 Comments

Sri Lanka’s tourism industry continues to thrive, with 120,961 tourist arrivals recorded in the first 20 days of November,

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Third review of debt restructuring with IMF concludes

  • CNL Reporter
  • November 23, 2024
  • Business News
  • Third review of debt restructuring with IMF concludes
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The discussions related to the third review of the International Monetary Fund (IMF) programme concluded today (22), the President’s Media Division (PMD) said.

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Sri Lanka Tops Solo Travel Lists for 2024 and 2025, Drawing Increasing Global Interest

  • CNL Reporter
  • November 22, 2024
  • Travel and Tourism
  • Solo Travel, Sri Lanka
  • 0 Comments

Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.

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Monsoon: Ferry service to Sri Lanka suspended for now

  • CNL Reporter
  • November 22, 2024
  • Travel and Tourism
  • Monsoon: Ferry service
  • 0 Comments

The international ferry service connecting Nagapattinam in Tamil Nadu with Kankesanthurai in Sri Lanka has been suspended for over a month due to monsoon.

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