Licensed Finance Companies are allowed to borrow foreign currency up to 20% of a company's total assets under 03 stages based on the overall performance... Read More

The price of coconut which had gone up between Rs. 100 and Rs. 120 has now come down.The Coconut Growers Association stated that at present a coconut is... Read More

The Sri Lankan rupee depreciated further to Rs 204.62 against the US dollar today.According to the exchange rates issued by the Central Bank the buying... Read More

While the Bentley Dominator is undoubtedly one of the rarest SUVs on the planet, it is proof that money talks. That’s because, throughout the mid-1990s,... Read More

The price of a barrel of crude oil in the world market which showed a decline last week has now shown a slight increase again.The price of a barrel of... Read More

The Monetary Board of the Central Bank of Sri Lanka (Monetary Board) has decided to suspend business of Swarnamahal Financial Services PLC (SFSP), in terms... Read More

The Colombo Stock Exchange closed in green today (12), with the ASPI increasing by 1.34% (100.01 points) to end at 7,558.28 points, while the S&P SL20... Read More

Payment of Additional Compensation under the Sri Lanka Deposit Insurance and Liquidity Support Scheme.The Central Bank of Sri Lanka informs the depositors/legal... Read More

Considering the recent inquiries on virtual currency usage in the international and domestic markets, the Central Bank of Sri Lanka (CBSL) informs the... Read More

The world's biggest online retailer China's Alibaba has been hit with a record fine equivalent to US$2.75bn .Regulators in China said the internet giant... Read More

It has been revealed at the Committee on Public Accounts (COPA) that a loss of Rs. 20 billion is incurred annually due to damage to vegetables and fruits.An... Read More

Google Indoor Maps was launched at Colombo’s Bandaranaike International Airport (BIA) today, becoming the first indoor facility to enable this feature... Read More

The Colombo Stock Exchange closed in green today (08), with the ASPI increasing by 1.40% (102.20 points) to end at 7,412.46 points, while the S&P SL20... Read More

Celebrating Avurudu (Sri Lankan New Year season), Mallika Hemachndra Jewellers (MHJ), the leader in timeless, exquisitely crafted jewellery in Sri Lanka... Read More

Huawei has recently entered into an agreement with Softlogic Information Pvt. Ltd. to introduce new communication technology solutions to the country.Huawei... Read More

The Central Bank of Sri Lanka decided to keep policy interest rates unchanged.That was at the Monetary Board meeting held yesterday (07).Accordingly, the... Read More

Mobility, which took an immense and a prolonged toll from the pandemic, appears to be re-emerging as people are seen venturing out for shopping and other... Read More

Cabinet has given approval for the drafting of a new Tourism Act that will consolidate three existing institutions out of the four that currently oversee... Read More

Extension of the validity period to open Special Deposit Accounts and permission to retain funds held in such accounts in Sri Lanka.The Government... Read More

President Gotabaya Rajapaksa instructed to completely ban the importation of Palm Oil with immediate effect. Producers have been instructed to uproot existing... Read More