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 Tuesday, 03 July 2018 - 13:01
Official data shows that Asian Development Bank and China have become the biggest contributors to Sri Lanka's debt portfolio during the first four months... Read More
 Tuesday, 03 July 2018 - 10:40
Volkswagen Group has officially announced its commitment to invest over one billion Euros as it aims to reboot India business, with Czech carmaker Skoda... Read More
 Monday, 02 July 2018 - 11:28
The Export Development Authority is planning to formulate a national policy for export development with the support of public and private sector.   The... Read More
 Saturday, 30 June 2018 - 16:43
The Central Bank says declining export revenue and rising import costs are contributing to widening trade gap in the country.   In the external... Read More
 Thursday, 28 June 2018 - 9:26
Asian Development Bank has agreed to provide financial assistance to develop the infrastructure in the Northern fisheries sector. For that, the ADB has... Read More
 Tuesday, 26 June 2018 - 14:27
Sri Lanka Tea Board says the country's tea production has risen by 11 percent in May.   The Board also said that the cumulative tea production for... Read More
 Tuesday, 26 June 2018 - 10:03
It is reported that the Paddy Marketing Board has incurred a huge loss as a result of providing paddy stocks to Somalia free and selling a large amount... Read More
 Sunday, 24 June 2018 - 15:13
OPEC has agreed to increase oil supply starting in July, in the apparent hope of stemming a further rise in crude prices.   The Organization of... Read More
 Friday, 22 June 2018 - 16:05
More than a dozen companies have been shortlisted for the industry’s highest honours to celebrate excellence in the vibrant Sri Lankan real estate... Read More
 Thursday, 21 June 2018 - 21:56
International Monetary Fund has advised Sri Lanka to allow the rupee to float. The IMF said this in their assessment of the Sri Lankan economy. Meanwhile,... Read More
 Wednesday, 20 June 2018 - 17:28
The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said.   The move comes after US President... Read More
 Monday, 18 June 2018 - 16:47
The money dealers say that the depreciation of the Sri Lankan rupee continues affecting the country's imports. According to the market information, the... Read More
 Friday, 15 June 2018 - 13:53
EU countries have approved a raft of tariffs targeting US goods including whiskey and motorcycles in retaliation against painful duties imposed by President... Read More
 Thursday, 14 June 2018 - 11:55
The US Federal Reserve has voted to raise the target for its benchmark interest rate by 0.25%, citing solid economic expansion and job gains.   The... Read More
 Wednesday, 13 June 2018 - 15:25
The World Bank says a change in trade policies are needed to improve Sri Lanka's foreign investments.   This was disclosed following a study conducted... Read More
 Tuesday, 12 June 2018 - 11:41
The value of Sri Lanka rupee depreciated further yesterday (Jun 11) against the US dollar.   The selling rate of dollar stood at Rs. 160.2472   The... Read More
 Sunday, 10 June 2018 - 20:55
State Minister of Fisheries, Aquatic Resources Development, and Rural Economic Affairs, Dilip Wedaarachchi said today that the price of kerosene will be... Read More
 Saturday, 09 June 2018 - 9:29
Currency dealers said the rupee could depreciate further as exporters are keeping their earnings and importer demand is rising. The rupee was depreciated... Read More
 Friday, 08 June 2018 - 10:27
The Chief Executive Officer of SriLankan Airlines Suren Ratwatte has announced his resignation.   It is reported Ratwatte is resigning to facilitate... Read More
 Thursday, 07 June 2018 - 14:25
Sri Lanka rupee today (Jun 07) depreciated to a record level against US dollar in the money market.   It is the worst depreciation level of the... Read More
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