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An allowance of Rs. 5,000 for the Sinhala-Tamil New Year

The government has decided to provide an allowance of Rs. 5,000 to low income families for the upcoming Sinhala-Tamil New Year. Accordingly, it has been...

Sri Lanka Central Bank to crack down on illicit money changers 

Sri Lanka’s central bank has banned money changers from selling US dollars above the commercial bank rates as the country grapples from a forex...

Central Bank Governor Nivard Cabraal seeks direct investment from UK

Bank Governor Nivard Cabraal has sought foreign portfolio and direct investments from the UK, saying Sri Lanka is on a new reset path taking...

Ex-pack celebrates 25 years of exemplary growth and excellence

Photo Caption:Ex-pack Chairman Mr. Sattar Kassim Ex-pack Corrugated Cartons PLC, a name synonymous with the corrugated cartons manufacturing industry in the country providing end-to-end packaging...

Ceylon Electricity Board (CEB) faces a major financial crisis

The Ceylon Electricity Board (CEB) is facing a major financial crisis, official sources confirmed. The annual loss of the Ceylon Electricity Board was between 80...

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Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...

High Court Upholds Construction Rights in Pentara Residences Dispute

Sri Lanka’s Civil Appellate High Court has decisively rejected...
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