Sri Lankan Rupee Appreciates on IMF Approval for Fund Facility

Today (21 March), the Sri Lankan rupee has experienced an appreciation against the USD, following a…

Fitch Ratings has analyzed the Sri Lankan economy in light of the IMF deal

Fitch Ratings: IMF Support Offers Hope for Sri Lanka’s Economic Stability, but Debt Negotiations Remain Challenging…

Dollar drops to Rs. 270 on black market

The value of the US dollar has been dwindling against the Sri Lankan rupee, as evidenced…

Special Commodity Tax (SCL) rate decreases Relief for Big onion prices

The Food Policy Committee that met on the 24th has recommended to reduce the the Special…

Import restrictions on cosmetics and Vehicle spare parts to be lifted soon

State Minister Ranjith Siyambalapitiya says that the import restrictions on raw materials for cosmetic products, auto…

“FDI, internal funds used for Havelock City development”

The entire development of Havelock City was funded by FDI and reinvesting through internally generated funds…

Coca Cola Sri Lanka returns to re-usable glass bottles in currency crisis

Coca Cola Beverages Sri Lanka Ltd said it is putting a family sized glass bottle back…