Mrs. Sandamali Chandrasekara has been appointed as the new chairperson of Lanka Sugar Company (Pvt) Ltd (LSCPL), following the resignation of the previous chairman, Mr. Rukshan...
In a significant step towards sustainable plastic waste management, Island Climate Initiative (ICI) officially launched GP Certified, Sri Lanka’s first certification mechanism for high-quality recycled plastics....
The Central Bank’s Financial Intelligence Unit (FIU) has fined two financial services’ providers a total of Rs. 03 million for violations during November-December 2024 under anti-money...
Governor of the Central Bank of Sri Lanka (CBSL) – Dr. Nandalal Weerasinghe has said that only around USD 200 million worth of Letters of Credit...
The formal inauguration of the 920-acre Sri Lanka-China Business Zone, established in Xinping Province, China to facilitate Sri Lankan entrepreneurs to expand their business operations in...
The Cabinet of Ministers has approved the reactivation of the Co-operative Wholesale Establishment (CWE), which was previously slated for liquidation.The decision to liquidate the CWE, established...
The Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) at 8.00% at its meeting held yesterday (March 25). The Board has arrived at...
Chinese electric vehicle maker BYD has reported annual revenue for 2024 that has leapfrogged rival Tesla. The Shenzhen-based firm says revenue rose by 29% to come...
Ceylon Petroleum Corporation (CPC) Chairman, D.J. Rajakaruna, announced that steps will be taken to start exporting lubricants within the next two months.He revealed that an order...
Governor of the Central Bank of Sri Lanka (CBSL) – Dr. Nandalal Weerasinghe has stated that the majority of people in this country who fall prey to...