CB cuts rates to pre-empt any fallout from trade uncertainty
- CNL Reporter
- May 23, 2025
- Banking and Financial, News
- CB
- 0 Comments
Overnight policy rate trimmed 25bps to 7.75%, first time since November last year
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Varun Beverages to Acquire 50% Stake in Sri Lankan Cooler Firm for $3.75M
- CNL Reporter
- May 22, 2025
- Business News
- Varun Beverages
- 0 Comments
Varun Beverages, the India-based franchise holder for PepsiCo with operations extending to Africa,
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80,000 tourists arrive in Sri Lanka in May
- CNL Reporter
- May 22, 2025
- Travel and Tourism
- tourists arrive
- 0 Comments
The number of tourists who arrived in the country in the first 18 days of May stood at 80,421, the Sri Lanka Tourism
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New Debt Management Unit to be fully functional by end of 2025
- CNL Reporter
- May 20, 2025
- Banking and Financial
- New Debt Management Unit
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Central Bank Economic Research Department Director Dr. S. Jegajeevan said the Debt Management Unit
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TIN to be made mandatory when opening bank accounts
- CNL Reporter
- May 20, 2025
- Banking and Financial
- TIN
- 0 Comments
The Cabinet of Ministers has approved the proposal to initiate necessary amendments to the Inland
Continue ReadingSri Lanka services expand at slower rate in April due to tariffs: PMI
- CNL Reporter
- May 20, 2025
- Business News
- PMI
- 0 Comments
Sri Lanka’s services sector expanded in April 2025, but at a slower rate than March because of tariff uncertainties,
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CBSL Chief dismisses 44% tariff on Sri Lankan exports to US
- CNL Reporter
- May 19, 2025
- Banking and Financial
- CBSL
- 0 Comments
Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe last Friday stated that the imposition of a
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Sri Lanka financial VAT surges as taxes overshadow retained profits in banks
- CNL Reporter
- May 17, 2025
- Banking and Financial
- financial VAT
- 0 Comments
Sri Lanka’s collection of financial VAT charged mainly on banks have surged over 400 percent to 40.4 billion rupees
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Tourist arrivals surge early May reaching 32% of 2025 target
- CNL Reporter
- May 16, 2025
- Travel and Tourism
- tourist arrivals
- 0 Comments
1 – 13 May arrivals up 21.53% YoY
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LA 2028 Olympics plans air taxi service for spectators
- CNL Reporter
- May 16, 2025
- Business News, News
- Olympics
- 0 Comments
Spectators could fly through the Los Angeles skies and escape the city’s notorious traffic during the
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