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Category: Economy

Suwanda Industries (Cycle Pure Incense – Sri Lanka) Recertified as ZeroCarbon® Manufacturer for 2025
Economy

Suwanda Industries (Cycle Pure Incense – Sri Lanka) Recertified as ZeroCarbon® Manufacturer for 2025

Suwanda Industries, known globally under the brand name Cycle Pure Incense, is proud to announce its recertification as a ZeroCarbon® Manufacturer…

Economy

Sri Lanka’s annual debt repayments estimated at US$ 3.5bn

Sri Lanka’s foreign currency debt repayment per annum from 2028 onwards is estimated at between US$ 3.25 billion to US$…

October imports hit US$ 2.2bn on vehicles, economic growth
Economy

October imports hit US$ 2.2bn on vehicles, economic growth

Sri Lanka imported goods worth of US$ 2,156.8 million in October with vehicle imports for the month coming in at…

Construction activity holds steady in October
Economy

Construction activity holds steady in October

Sri Lanka’s construction sector maintained strong momentum in October, with activity expanding sharply on the back of renewed project flows,…

Flood damages likely to drive up crucial import bill
Economy

Flood damages likely to drive up crucial import bill

Sri Lanka’s import bill is likely to face upward pressure due to the ongoing floods, which have created an increased…

Revenue collection: Ports Authority to provide Rs. 5 b to Treasury
Economy

Revenue collection: Ports Authority to provide Rs. 5 b to Treasury

The Sri Lanka Ports Authority is expected to provide Rs. 5 billion of its profit to the Consolidated Fund. Following…

Mineral Sector Investments promoted in the UK by the Sri Lanka High Commission
Economy

Mineral Sector Investments promoted in the UK by the Sri Lanka High Commission

The High Commission of Sri Lanka in London, in partnership with Capital Metals PLC, hosted a joint promotional event to facilitate discussions…

Ports Authority to provide Rs. 5 billion to the Treasury
Economy

Ports Authority to provide Rs. 5 billion to the Treasury

The Sri Lanka Ports Authority is expected to provide Rs. 5 billion of its profit to the Consolidated Fund. Following…

Acquisitions of Small Sri Lanka Banks Neutral to BOC’s and PB’s Ratings
Economy

Acquisitions of Small Sri Lanka Banks Neutral to BOC’s and PB’s Ratings

Fitch Ratings says the proposed transfers of state-owned shares – of Housing Development Finance Corporation Bank of Sri Lanka (HDFC,…

Treasury tightens rules on SOE sponsorships, donations and CSR effective 2026
Economy

Treasury tightens rules on SOE sponsorships, donations and CSR effective 2026

The Treasury has issued a new Public Enterprises Circular introducing a revised framework to govern sponsorships, donations, Corporate Social Responsibility…

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