Biz & Economy
Business & Economy
CPC stops issuing LCs to import fuel for power generation
The Ceylon Petroleum Corporation (CPC) has informed the Ceylon Electricity Board (CEB) to open its own letters of credit for...
A bumpy ride for EVs in Sri Lanka amidst boasts!
Battery crisis in electric car still unresolved A game of making hybrid cars for 1.5 million from a Leaf car...
Double digit inflation in Sri Lanka after 13 years !
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), increased to 11.1...
Fitch Downgrades Sri Lanka’s Long-Term Foreign-Currency IDR to ‘CC’
Fitch Ratings - Hong Kong - 17 Dec 2021: Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating...
Sajith cries for tourism sector troubled with loan moratorium
The Leader of the Opposition Sajith Premadasa stressed today (10) in Parliament that the moratorium given to those engaged in...
Sri Lanka Embassy in Germany continues its’ support to the Agri Export Community
In the pursuit of empowering the Sri Lanka Agri Exporting community, the Embassy of Sri Lanka in Germany successfully held...
Producers speculate, price of Rice Kilo will go up between 25 to 50 rupees soon!
Manampitiya Nimal Jayaratne – The price of each kilo of rice will definitely increase by between Rs 25 to 59...
Electricity bill relief for tourist hotels to be further granted
The government is considering extending the grace period for electricity bills of tourist hotels affected by Covid pandemic.Tourism Minister Prasanna...
Take back the LIOC’s fuel business if they fail to distribute fuel
Petroleum Trade unions urges that the Energy Minister Udaya Gammanpila as a responsible Minister should take action against the...
CBSL Governor says fear of net foreign reserves fall is an unwanted!
The Central Bank of Sri Lanka says that the fall in the country's net foreign reserves in August is a...
