News

SC Slams State Failures in X-Press Pearl Case, Orders $1Bn Damages

In a powerful and unprecedented verdict, the Supreme Court of Sri Lanka has ordered a landmark compensation of USD 1 billion from those responsible...

Sri Lanka Sees Healthy Economic Recovery amid Global Trade Risks

Amid rising global trade uncertainties and shifting geopolitical dynamics, Sri Lanka’s economic recovery appears to be on firm footing, supported by improved credit flow,...

China-Sri Lanka Trade Ties Deepen as CAEXPO Beckons

In a significant move to bolster its economic partnership with China amid rising global trade uncertainties, Sri Lanka will participate as a Special Partner...

Merchants Barred from charging Card Fees as SL Credit Card Use Rises

The Central Bank of Sri Lanka (CBSL) has issued a stern warning to merchants across the country, reiterating that imposing surcharges on debit and...

US Tariffs Cloud Ceylon Tea’s Rise despite Record Exports

Sri Lanka’s tea industry is showing signs of resilience amid rising global trade tensions, but looming U.S. tariffs threaten to undermine its export momentum,...

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