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Sri Lanka settles USD 500M sovereign bond

Sri Lanka has paid the USD 500 million sovereign bond that matured today (18), Central Bank Governor Ajith Nivard Cabraal said. Sri Lanka was due...

“Our Foreign Reserves has gone down” – MP Mujibur Rahman – [VIDEO]

Member of Parliament of Colombo District, Mr. Mujibur Rahman, said that the Sri Lankan government's dependence on China to provide financial facilities and not...

Hotel, room rates skyrocket due to increasing tourist arrivals: AASL head

While reaching a total tourist count of 46,942 for today, the country shows an increase in the number of tourists, Civil Aviation Authority of...

Tax collectors to launch massive protest against special GST Act

Excise, Customs and Inland Revenue to storm Finance Ministry tomorrow In a move to express its displeasure over the new Special GST Act, the country’s...

People’s Bank of Sri Lanka removed from Chinese Embassy blacklist

People’s Bank of Sri Lanka has been removed from the blacklist of the Economic and Commercial Office of the Embassy of People’s Republic of...

India tops Sri Lanka’s tourism charts 2021: Destination weddings, ‘Ramayana trail’ favourites of visitors

India topped Sri Lanka’s tourist arrivals in December and the entire year, according to data published by the Sri Lanka Tourism Development Authority (SLTDA). For...

President asks China to restructure debt repayments

A meeting between Chinese State Councilor and Minister of Foreign Affairs Wang Yi and President Gotabaya Rajapaksa held at the Presidential Secretariat today further...

Indian banks reluctant to extend LCs to Sri Lanka

COLOMBO (News 1st); Several Indian banks have reduced discounting letters of credit (LCs) and have turned cautious and selective about their exposures to the island nation,...

150 bar permits issued in 2021

The Excise Department said that 150 liquor licenses were issued last year and 81 of those licenses were issued for Tourist Board approved hotels...

Over 11,000 tourists visit SL within four days: Russians top list

A total number of 11,380 tourists had arrived in the island in the first four days of the new year Russian tourists head the...

Price of Local Cement up by Rs. 100

The price of a 50kg bag of local cement will be increased by Rs.100 with effect from today, Local Cement companies announced. Accordingly, the new...

Imported milkpowder prices increased

The Milk Powder Importers’ Association has decided to increase the price of imported milk powder with effect from today, Association Spokesperson Ashoka Bandara said. He...

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