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Electric vehicle imports : Slight change to initial announcement

Minister of Labour and Foreign Employment Manusha Nanayakkara says that requirement to purchase or import a solar power system along with the new electric...

Ceylon Chamber of Commerce supports President’s call for All-Party Govt

The Ceylon Chamber of Commerce has welcomed the call by President Ranil Wickremesinghe to initiate the formation of an All-Party Government. Issuing a statement, the...

Proposals including Electric Car imports approved by Cabinet to promote foreign remittances

Minister of Foreign Employment Manusha Nayakkara says that Cabinet has agreed to two suggestions he had made to encourage more remittances through legal channels. The...

What happened to Workers’ remittances & Tourist arrivals in June ?

Workers’ remittances Workers’ remittances moderated to US dollars 274 million during June 2022, in comparison to US dollars 304 million in the previous month and...

Sri Lanka merchandise trade balance records a surplus after 20 years

The merchandise trade balance recorded a surplus in June 2022 for the first time since August 2002, reflecting the impact of historically high monthly...

IMF negotiations successful : Statement from President’s Office

Negotiations between the Sri Lankan government and the International Monetary Fund (IMF) are highly successful, the President’s Office said today. Issuing a statement, the President’s...

Fair Play & Foreign Exchange : Warning from CBSL

Statement from Central Bank of Sri Lanka  Importance of ‘fair play’ by all stakeholders of the economy in countering the current unprecedented economic crisis. The Government...

CCPI based headline inflation recorded at 60.8% on year-on-year basis in July

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 60.8% in July 2022 from...

SriLankan Airlines settles 2024 bond interest payment

SriLankan Airlines, the National Carrier of Sri Lanka, has announced the settlement of interest payment for the guaranteed bond due in 2024. The company said...

Credit card interest rates further increased

Several commercial banks in Sri Lanka have increased the annual interest rate offered for credit cards. The banks state that the annual interest rate offered...

IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’

The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours...

Flydubai suspends flights to Sri Lanka

Dubai: flydubai said it has suspended its Sri Lanka flights until further notice, after protests escalated in the South Asian country. “flydubai flights between Dubai...

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