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Seafoods, Seacucumber, and Seizing Opportunity in Jaffna

Sri Lanka, March 27 -- By Jekhan Aruliah Mr Ganendran is from Navaly, near Manipay Jaffna. Born in 1975 to a Christian Catholic family, Ganendran had his schooling from Grade 3 to A'Levels at St Patr... Read More


CBL Foods International wins Gold for best in-house R&D unit at National awards

Sri Lanka, March 26 -- CBL Foods International (Pvt) Ltd. (CBLF), a subsidiary of CBL Group, was awarded Gold for Best In-House Research and Development Unit at the National Industry Brand Excellence... Read More


Central Bank of Sri Lanka keeps Overnight Policy Rate (OPR) unchanged

Sri Lanka, March 26 -- The Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) at 8.00% at its meeting held yesterday. The Board arrived at this decision after carefully considering ... Read More


The Ceylon Chamber of Commerce Celebrates 186 Years of Service to Sri Lanka

Sri Lanka, March 24 -- The Ceylon Chamber of Commerce, Sri Lanka's premier business chamber, proudly marks its 186th anniversary today (25th March) Reflecting on this milestone, the Chairman of the C... Read More


Fitch Publishes 'AAA(lka)' Rating for Hayleys' Proposed Debentures

Sri Lanka, March 24 -- Fitch Ratings has published the National Long-Term Rating of 'AAA(lka)' for Sri Lankan conglomerate Hayleys PLC's (AAA(lka)/Stable) proposed senior unsecured redeemable debentur... Read More


Opinion: Reshaping Sri Lanka's Future - Budget 2025 & Strategic Proposals for Economic Stabilization

Sri Lanka, March 24 -- By Dr. Gayan Gunewardana BSc, MBA, PhD, CIMA/ ACMA/CGMA, FRM, AIB Sri Lanka's Budget 2025 sets an ambitious yet pragmatic foundation for economic recovery and sustainable devel... Read More


Sri Lanka Exports Reach USD 1.38 Billion in February, Up 4.62-pct Year-on-Year

Sri Lanka, March 24 -- Total exports, including both merchandise and services, reached at US$ 1,382.53 Mn in February 2025, marking a notable 4.62% year-on- year growth compared to February 2024. Addi... Read More


Central Bank Issues Warning Against Pro Care Pyramid Schemes, Citing Banking Act Violations

Sri Lanka, March 22 -- The Central Bank of Sri Lanka has determined Pro Care (Pvt) Ltd., Shade of Procare (Pvt) Ltd have engaged in a scheme prohibited under Section 83 (C) of the Banking Act, No. 30 ... Read More


Property Market Shows Signs of Growth Despite High Taxes & Bureaucratic Hurdles

Sri Lanka, March 21 -- Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka's real estate sector, highlighting its potential for growth despite past economic challenges. ... Read More


Who Stands to Lose? The Effects of GSP+ Withdrawal on Sri Lanka's Exports and Labour Force

Sri Lanka, March 20 -- Growing uncertainties on the future of global trade as President Trump seeks to impose reciprocal tariffs make programmes such as the European Union's Generalised Scheme of Pref... Read More