BUSINESS

Sri Lanka Customs intensified its surveillance on foreign currency smuggling

Sri Lanka Customs has intensified its surveillance on increasing foreign currency smuggling amidst the countries worsening forex crisis, Customs Spokesman, Deputy Director Sudaththa Silva revealed. Custom authorities are...

Government  begins paddy purchasing reversing  green farming plan  

Sri Lanka has partially reversed a hasty decision to experiment with green farming, but the country and its citizens are already paying for this...

IMF expresses willingness to discuss  fiscal support options with SL  

The International Monetary Fund is ready to discuss “options” with Sri Lanka if the government asks for financial support, its mission chief for the...

CSE revises regulatory framework of  IPO basis allotment  

The Colombo Stock Exchange (CSE) is in the process of revisiting the listing rules governing the basis of allotment of shares in an initial public...

CPC compels to introduce fuel price hike or fuel pump coupons 

Government is now forced to introduce a quota system for essential imports and a coupon scheme for consumers in buying food and fuel, reliable...

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