Sri Lanka’s sugar industry in crisis
Sri Lanka’s state-owned sugar industry, primarily represented by the Pelwatte and Sevanagala sugar companies, is currently navigating a profound crisis marked by significant financial distress, unpaid dues, and operational inefficiencies. While trade unions contend that long-standing issues remain unresolved, state officials indicate that arrears owed to farmers and suppliers have been settled, with the government now focusing on new development …
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Foreign company registrations in Sri Lanka rise in 1H2025
Sri Lanka is estimated to have recorded a sharp rise in foreign and joint-venture (JV) company registrations in the first half of 2025,
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Sri Lanka’s Manufacturing Sector Shows Strong Growth in July
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CNL Reporter
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August 17, 2025
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News
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Sri Lanka
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Sri Lanka’s manufacturing sector recorded robust expansion in July 2025,
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Sri Lanka’s Rice and Coconut Output Up, Tea, Fish, Rubber Fall
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CNL Reporter
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August 15, 2025
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News
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Sri Lanka
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Sri Lanka’s agricultural production in June 2025 showed a mixed performance, with rice and coconut output rising, while tea, fish, and rubber declined, the Central Bank said.
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Sri Lanka Targets USD 36bn in Exports by 2030
Sri Lanka’s Export Development Council of Ministers (EDCM) discussed strategies to boost the nation’s exports to USD 36 billion by 2030,
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Priyantha Weerasooriya appointed 37th IGP
Acting Inspector General of Police (IGP) Priyantha Weerasooriya has been appointed as the 37th Inspector General of Police of Sri Lanka. The appointment follows a meeting between the Constitutional Council and President Anura Kumara Dissanayake on August 12. The President had previously recommended Weerasooriya for the post. This appointment comes after the removal of former IGP Deshabandu Tennakoon earlier this …
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Sri Lanka Completes Over 90% of External Debt Restructuring for Economic Recovery
News of the day
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Sri Lanka, Finland discuss visa process for students and workers
Sri Lanka’s Foreign Minister Vijitha Herath said he had discussed visa issues with Ambassador of Finland Kimmo Lahdevirta in a recent meeting.
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Sri Lanka’s Jobless Rate Drops to 3.8% in Q1 2025
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CNL Reporter
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August 12, 2025
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News
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Sri Lanka
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Sri Lanka’s unemployment rate fell to 3.8% in the first quarter of 2025,
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Sri Lanka foreign reserves marginally up in July to US$6.1bn
Sri Lanka’s gross foreign reserves edged up by 64 million US dollars in July 2025 to 6,144 million US dollars,
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