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President reveals his economic plan to face 2050

Steps would be taken to introduce a strong new economic system that can face 2050 without implementing economic reforms that offer no solutions to...

Debt talks : Update from CBSL Governor

Sri Lanka is currently working toward obtaining China’s assurance for debt restructuring by December, the Governor of the Central Bank of Sri Lanka Dr....

Significant increase in tourism earnings: Numbers revealed

According to the data released by the Central Bank of Sri Lanka (CBSL) , Sri Lanka earned US$ 1129.4 million from the tourism industry...

Paris Club creditor nations proposing 10-year moratorium on SL debt – Report

New Delhi: Putting equal onus on rich global north and developing global south, the Paris Club creditor nations are proposing a 10-year moratorium on...

Sending money to Sri Lanka : CBSL message to SL foreign workers

Rumours in circulation that remittances of expatriates will be taxed or forcibly converted into Sri Lankan rupees, are completely false, Central Bank said. “Overseas remittances...

New mobile app for tourists from January

Minister of Tourism and Lands Harin Fernando said that a new mobile application (App) will be introduced for the safety of tourists coming to...

Deadline for filing income tax returns extended

The deadline for filing income tax returns has been extended for another week from 30th November, State Minister of Finance Shehan Semasinghe announced. Speaking in...

Special Commodity Tax (SCL) rate decreases : Relief for Big onion prices

The Food Policy Committee that met on the 24th has recommended to reduce the the Special Commodity Tax (SCL) rate. Accordingly, increasing the ability...

Theranos founder Elizabeth Holmes jailed for fraud

Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once...

Today’s CBSL official exchange rates

The Sri Lanka rupee remains steady against the US Dollar, with the selling rate at Rs. 371.75. The selling rates of the Australian and Canadian...

Sri Lanka to export sour bananas to Dubai

Sri Lanka will export its first consignment of locally produced bananas to the international market later in November, Minister of Agriculture Mahinda Amaraweera said. According...

Twitter: Musk defends deep cuts to company’s workforce

Twitter's new owner Elon Musk says he had "no choice" but to slash the company's workforce as the firm is losing more than $4m...

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