Sri Lanka’s inflation is expected to return to the government’s 5% target starting from the last two quarters of the year, a Central Bank of Sri Lanka (CBSL) official said on Wednesday, as the economy …
Sri Lanka wins T20 series despite Afghanistan’s 3-run victory in last game
Fast bowler Wafadar Momand held Kamindu Mendis to defend 19 runs in the last over and hand Afghanistan a three-run win in the third and final Twenty20 international against Sri Lanka.
Sri Lanka Pays Partial Oil Debt to Iran with $20M in Ceylon Tea
Sri Lanka has repaid $20 million in oil debt to Iran with tea in a move that Sri Lanka officials say do not violate U.S. sanctions on Iran, Agence France Presse reports. In April 2022, Sri Lanka …
Sri Lanka T20 Skipper Gets Two-match Ban For Abusing Umpire
New Sri Lanka Twenty20 captain Wanindu Hasaranga was given a two-match ban by the International Cricket Council on Saturday for abusing an umpire during this week’s series-ending loss against …
Central Bank of Sri Lanka clarifies reports on salary hike
The Central Bank of Sri Lanka (CBSL) has responded to recent media reports surrounding comments made by Members of Parliament regarding the latest revision of remuneration for CBSL employees. ..
Red Sea crisis impact on Sri Lanka
A Sunday Times Business Club (STBC) discussion titled “Sri Lanka in a troubled world order: Red Sea crisis in shipping” was held this week at the Movenpick Colombo, host hotel of the club. NDB is also …
US ready for further financial cooperation with Sri Lanka
The United States (US) which invested half a billion dollars in the development of the West Container Terminal of the Colombo Port has expressed interest in similar financial cooperation with Sri …
Hasaranga to miss first two T20Is against Bangladesh for suspension
Consequently, Hasaranga will be suspended from participating in Sri Lanka’s first two T20Is against Bangladesh next month. The incident unfolded at the end of the third T20I between Sri Lanka and …
UN Global Compact Network Sri Lanka rallies corporates to ‘Forward Faster’ on SDGs
The Sri Lankan business community is an essential and growing part of our movement. In today’s uncertain global environment, your participation is more important than ever.” Unveiling UN Global …
Sri Lanka: Elephants, rubber trees and traffic
Tire Business Editor Don Detore tagged along with Global Rubber Industries (GRI) to visit the specialty tire manufacturer’s operations in Sri Lanka.