Biz & Economy
Business & Economy
USD possession limited to 10,000 from 15,000 – sell or deposit excesses within 14 days
Sri Lanka’s central bank says that the possession of foreign currency notes has been limited to 10,000 US dollars from...
Will the cigarette tax be correct even in the interim budget?
Prime Minister Ranil Wickremesinghe said on May 25th that his government will present an interim budget within six weeks. The Prime...
How can Sri Lanka solve its impending food crisis?
written by Choy Myn originally published in eco-business.com 6 minute readJune 6, 2022 Sri Lanka is no stranger to economic...
Moscow bound Aeroflot aircraft detained at BIA
A Moscow bound Aircraft of Russia’s flagship carrier Aeroflot has been detained at the Bandaranaike International Airport (BIA) in Katunayake...
Will not take over the CBSL Governor post – Dr Nandalal is better – Dr Coomaraswamy
Former Governor and reputed economist and Dr. Indrajit Coomaraswamy has confirmed to the Daily Financial Tiimes (Daily FT) that he...
Lazard and Clifford Chance win Sri Lanka’s “Debt Restructuring Bid”
Cabinet has approved the proposals made by the President to make the procure the International Financial Advisory Service to Lazard,...
G 7 countries draft communique for debt relief on Sri Lanka
The G 7 countries, Group of Seven economic powers are considering to provide debt relief for Sri Lanka, G7 finance...
IMF says talks with Sri Lanka will conclude on May 24
The International Monetary Fund virtual mission to Sri Lanka expects to conclude technical talks on a potential IMF loan program...
Bangladesh garments exporters become victims of Sri Lanka’s crisis
Bangladesh exporters are worried over the ongoing political crisis in Sri Lanka, as around 40 per cent of the country's...
Cement prices reach to 3000s
The maximum retail price of a 50kg bag of cement has been increased by Rs.400 with effect from tonight, the...
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Latest News
President meets Maldivian vice President
The Maldivian Vice President Faisal Naseem...
“The cabinet has no power to take a decision to increase the electricity tariff.”
Energy expert Dr. Tilak Siyambalapitiya says...