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Inflation skyrockets in Sri Lanka with food prices at record high
Sri Lanka’s benchmark inflation rate, measured by the National Consumer Price Index, accelerated to 14.2 per cent in January, up from 12.1 per cent...
SL’s next generation agriculture begins with introducing 5 kg sachet packets of urea
Inorganic fertiliser will be available for purchase for Sri Lanka’s farmers from the upcoming yala season allowing local companies to resume imports, Agriculture Minister...
Consolidation of Non-Bank Financial Institutions expedited
Sri Lanka’s Masterplan for Consolidation of Non-Bank Financial Institutions is now being implemented expeditiously, Central Bank announced to day (Monday 31)
Under this Masterplan nine finance...
CB’s dollar revenue proposal to allow vehicle imports puts into to back burner
The Central Bank’s proposal to allow vehicle imports for persons who can pay in foreign exchange to import vehicles and pay taxes in hard...
Sri Lanka foregoes US$1.04 billion in man –made crop disaster
Sri Lanka’s unplanned shift to organic farming from chemical based agriculture practices has triggered a man-made crop disaster and incurred a massive loss of...