Sri Lanka Records Further Drop in Inflation Rate to -1.7% in November 2024
Sri Lanka’s overall inflation rate, measured by the National Consumer Price Index (NCPI), declined to -1.7% in November 2024, down
Sri Lanka Exits Sovereign Default: Treasury Secretary Highlights Milestone in Economic Recovery
Sri Lanka marked a significant milestone in its economic recovery journey on December 20, 2024, officially exiting sovereign default. Treasury
TRCSL Cracks Down on Unlicensed Sale of Communication Devices
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has raised concerns over a significant number of businesses selling telephones and
Colombo Magistrate Orders CBSL to Tackle Illegal Pyramid Schemes
Colombo Chief Magistrate Thilina Gamage has directed the Central Bank of Sri Lanka (CBSL) to take immediate action against illegal
U.S. Reaffirms Commitment to Sri Lanka’s Economic Recovery and Governance
During a high-level visit to Sri Lanka, Assistant Secretary of State for South and Central Asia Donald Lu underscored the
CEB to Submit Revised Electricity Tariff Reduction Proposal Tomorrow
The Ceylon Electricity Board (CEB) announced that it will present its revised proposal for reducing electricity tariffs to the Public
CAA Launches Nationwide Raids to Protect Consumers During Festive Season
The Consumer Affairs Authority (CAA) has announced a series of special raids commencing December 15 to safeguard consumer interests during
29 Deputy Ministers Sworn in Under the New NPP Government
The Deputy Ministers of the newly elected National People’s Power (NPP) government were sworn in this evening (21) at the
ADB Approves $200 Million Loan to Boost Financial Sector Stability in Sri Lanka
The Asian Development Bank (ADB) has approved a $200 million policy-based loan to support the Sri Lankan government in further
Colombo Stock Exchange Adjusts Trading Hours for Parliamentary Election Day
The Colombo Stock Exchange (CSE) has announced changes to its trading hours in light of the 2024 Parliamentary Election. On