Tag: Sri Lanka

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Acting IGP Increases Rewards for Traffic Police by 25%

Acting Inspector General of Police (IGP) Priyantha Weerasuriya has issued a circular announcing a 25% increase in the reward for traffic police officers who detect traffic violations. The...

CEB Reports Rs. 3 Billion Operating Loss in Q4 2024, Posts Annual Profit with Forex Gains

The Ceylon Electricity Board (CEB) recorded an operating loss of Rs. 3 billion in the December 2024 quarter, though it managed to post a marginal net profit due to other income and...

President Dissanayake Announces Structural Reforms for Sri Lanka Customs

President Anura Kumara Dissanayake has announced plans to implement structural reforms within Sri Lanka Customs, aiming to establish an institutional framework that aligns with modern requirements. During a discussion held at the Presidential Secretariat,...

Sri Lanka and Thailand Strengthen Trade Ties in Food, Agriculture, and Health Sectors

At the invitation of the Royal Thai Embassy in Colombo, the Ceylon Chamber of Commerce, in collaboration with the Sri Lanka Greater Mekong Business Council, hosted a...

IMF Praises Sri Lanka’s Economic Recovery, Calls for Continued Reforms

Peter Breuer, the IMF’s Senior Mission Chief for Sri Lanka, commended Sri Lanka’s remarkable economic turnaround, stating that the country has made a tremendous recovery from its financial...

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Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...

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