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Tag: Sri Lanka

Posted on March 16, 2025

Sri Lanka’s tourism income hits US$768 mn in first two months of 2025

Earnings from Sri Lanka’s tourism trade has continued to remain robust during the height of the seasonal peak as arrivals have been stronger while the country is being recognised and featured by …
Posted on March 16, 2025

Sri Lanka import duty on vehicles to create brand new rent seeking sector?

Import duties on finished vehicles brought to Sri Lanka, apparently as part of a balance of payments measure, has triggered fears that may lead to the expansion of brand new rent seeking business and …
Posted on March 16, 2025

Another Sri Lanka? China’s Unchecked Influence Leaves Maldives On Brink Of Financial Default—Here’s All About Debt Crisis

Rather than alleviating financial strain, the China- Maldives Free Trade Agreement (FTA), implemented in January 2025, has further deepened the crisis. Despite bilateral trade reaching approximately …
Posted on March 15, 2025

Review: Ivory House, Ahangama, Sri Lanka

And rather than young, toned torsos, you’re more likely to encounter sun-kissed veterans in sarongs – the true essence of Sri Lanka. Ivory House provides visitors with the perfect balance of the new …

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Posted on March 14, 2025

UTE delivers Sri Lanka’s largest Cat D8 Track-Type Tractor to NEM Construction

In a major milestone for Sri Lanka’s construction industry, UTE, the country’s trusted dealer for Caterpillar equipment, has handed over a brand-new Cat D8 Track-Type Tractor to NEM Construction Ltd.
Posted on March 14, 2025

UTE delivers Sri Lanka’s largest Cat D8 Track-Type Tractor to NEM Construction

In a major milestone for Sri Lanka’s construction industry, UTE, the country’s trusted dealer for Caterpillar equipment, has handed over a brand-new Cat D8 Track-Type Tractor to NEM Construction Ltd.
Posted on March 14, 2025

Seamless Remittances: How HNB is Connecting Sri Lankans Across the Globe

HNB is connecting Sri Lankans across the globe with seamless inward remittance services. Explore their partnerships, multiple payment channels, and commitment to safety and security.
Posted on March 14, 2025

Ambassador of Sri Lanka meets Minister of Commerce of Thailand

Ambassador of Sri Lanka to Thailand Wijayanthi Edirisinghe called on Minister of Commerce of Thailand Pichai Naripthaphan on 12 March at the Ministry of Commerce of Thailand. During the meeting, …
Posted on March 14, 2025

Sri Lanka calls for five-minute surveys to identify crop-raiding animals

In December 2024, Sri Lanka’s newly appointed minister of agriculture K. D. Lalkantha told the Parliament that farmers should have the right to take action against crop-raiding wild animals. His …

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Posted on March 13, 2025

Merchant Bank of Sri Lanka’s debentures rated ‘BBB+(lka)’ by Fitch

Fitch Ratings has assigned Merchant Bank of Sri Lanka & Finance’s 690.5 million rupee debentures a national long-term rating of ‘BBB+(lka)’.

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