News

Ltd’s Director of Finance and Group Chief Financial Officer, Tilak Gunawardena, has been appointed President of the Sri Lanka–USA Business Council of the Ceylon Chamber of Commerce for 2025/26. The ...
By making such claims, both the EU and US seek to exert influence in the country, to control its development trajectory and resources. Such claims have shaped the geostrategic island’s current pattern ...
China's EXIM Bank plans to provide a concessionary yuan loan to Sri Lanka for resuming the halted construction of the central ...
China’s EXIM Bank is set to disburse a fresh loan to Sri Lanka, President Anura Kumara Dissanayake told Parliament here on Thursday. He said the Export-Impo ...
The Plastics and Rubber Institute of Sri Lanka (PRISL) extends its sincere appreciation for the recent decision by U.S. President Donald Trump to reduce and finalize the tariff rate to 20 percent on ...
Sri Lanka’s economic crisis has been exacerbated by its reliance on International Monetary Fund (IMF) bailout packages, which ...
Sri Lanka's central bank has made 231.9 billion rupees (about 770 million dollars) worth unsterilized foreign exchange sales to the government in the first half of 2025, reducing excess liquidity in ...
Now, visa denial will be the unkindest cut of all for the Indian elite.’ – MK Bhadrakumar (ee Sovereignty, A Frenemy named Donald Trump) The recent arrest of a high-profile former Navy Commander came ...
The Plastics and Rubber Institute of Sri Lanka (PRISL) has extended its appreciation for the recent decision by US President Donald Trump to reduce and finalise the tariff rate to 20% on Sri Lankan ...
An International Monetary Fund (IMF) mission team concluded its visit to Sri Lanka recently, acknowledging the country’s progress under its economic reform programme but cautioning that the road ahead ...
The International Monetary Fund (IMF) has stated that Sri Lanka’s growth rate has been at 4.8 per cent in the first quarter of 2025, “outperforming expectations,” and with inflation at -1.1 per cent ...
This decision comes in direct contrast to Sri Lanka’s commitments under the IMF’s Extended Fund Facility (EFF), where the government agreed to suspend all new tax exemptions under the Port City and ...