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Exporters slam interest rate suspension for earnings

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Sri Lanka’s export industry is discouraged by the decision taken by the Central Bank of Sri Lanka (CBSL) to suspend interest rates for foreign...

No Goods and Services Tax (GST) before Budget 2022

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The Goods and Services Tax (GST) Bill, which was expected to come into effect before the end of the first quarter this year, is...

Headwinds mount for world economy into final stretch of 2021

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The global economy is entering the final quarter of 2021 with a mounting number of headwinds threatening to slow the recovery from the pandemic...

Rising shipping charges hike to ‘adversely’ impact SL trade

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Increasing global shipping charges and delays in shipping are expected to have an adverse impact on Sri Lankan importers and exporters.  Shippers’ Academy International Founder...

Batik State Ministry to break existing monopoly -Dayasiri Jayasekara

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Owing to the Covid-19 pandemic, prices of batik raw materials have significantly risen as only a specific number of batik producers sell fabrics, chemicals,...

Amended Excise Act yet to reach Finance Ministry

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The Excise Department of Sri Lanka is yet to submit the amendments made to the existing century-old Excise Act to the Ministry of Finance,...

CEB settles Rs. 15 b in CPC debt

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The Ceylon Electricity Board (CEB) has paid approximately Rs. 15 billion to the Ceylon Petroleum Corporation (CPC) so far this year for the fuel...

Singapore government announces $1 billion new fund to boost local stock market

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CNBC — The Singapore government on Friday announced a series of initiatives to lure “promising high-growth” companies from around the region to list on the...

‘SL likely to seek IMF loan this month’

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First Capital Research has announced in its mid-year outlook that it is highly likely that Sri Lanka will negotiate an International Monetary Fund (IMF)...

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Make that do as powerful as you

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The Body Shop’s new vegan routines cover all hair needs Hair has an attitude, an identity. It tells a powerful story about who you are....

Nations Trust Bank American Express Becomes the Fashion Card at Swim Week Colombo 2021...

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In celebration of Sri Lanka’s vibrant fashion industry, Nations Trust Bank American Express has tied up with Colombo Fashion Week as the official ‘Fashion...

Beware of Financial Scams

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The Central Bank of Sri Lanka (CBSL) has been receiving information regarding certain Scams where organized parties seem to be claiming that they have large...