An Echelon Media Company
Monday June 3rd, 2024

Sri Lanka keeps policy rates unchanged

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May 28, 2024 5 min read

Sri Lanka plantations say state 'arbitrary' wage order will de-stabilize tea sector

Plantations say cost increase Rs35bn a year from mandated wages

May 28, 2024 5 min read

Elon Musk to visit Sri Lanka at the end of this year: Ruwan Wijewardene

"This would open the door to more billionaires coming into the country"

Apsara Rodrigo
May 28, 2024 2 min read

Sri Lanka govt to take over tea estates that don't increase worker wages

Separate discussions have been held with estate owners and labour unions, he said.

May 27, 2024 3 min read

Sri Lanka's Ceylinco Insurance changes name

The company offers insurance, education, hydropower, healthcare and financial services.

May 27, 2024 1 min read

Sri Lanka rupee closes weaker at 300.50/70 to US dollar

Bond yields were slightly up.

May 27, 2024 1 min read

Sri Lanka stocks close down ahead of monetary policy announcement

Turnover was low at 494 million.

May 27, 2024 1 min read

Sri Lanka EDB, collaborators to pick 10 pioneering brands for capacity building

10 pioneering Sri Lankan brands will be selected to showcase nation's dedication to sustainability, ethical practices

May 27, 2024 2 min read

Sri Lanka fishermen urged not to go to sea due to cyclone Remal

Naval, fishing communities advised not to venture into sea marked in red on the map until further notice

May 27, 2024 2 min read

IORA Biz Conclave in Sri Lanka to focus on Blue Economy, SMEs

Innovative financial approaches and private sector leadership are essential for a sustainable future

May 27, 2024 2 min read

Sri Lanka may run out hotel rooms for high-end tourists: Official

"High-end hotels which are charging over 250-300 dollars a night are having very high occupancy at very high rates"

Apsara Rodrigo
May 27, 2024 2 min read

Opposition claims Sri Lanka ruling party wants early parliamentary polls to prevent wipe-out

"I think President Wickremesinghewill himself reveal his plans next week or one of these days," said Fernando.

May 27, 2024 2 min read

Sri Lanka's Dilith, Wimal, Gammanpila, Jayasumana launch new political formation

Leaders or representatives of all parties signed an agreement at Monday's event.

May 27, 2024 2 min read

Sri Lanka Hayleys subsidiary Unisyst Engineering Plc delists from CSE

Exit offer of Sri Lanka rupees six (LKR 6) per share

May 27, 2024 1 min read

Sri Lanka rupee opens broadly stable at 300.15/50 to US dollar

Bond yields were down

May 27, 2024 1 min read

Sri Lanka shares, bank balances, land, vehicle owners tracked by Inland Revenue from July 01

Information not to be used retrospectively, Minister says

May 27, 2024 2 min read

Strong winds switch off 467,500 Sri Lanka electricity customers

By May 26 afternoon, power has been restored to about 425,000 customers.

May 26, 2024 1 min read

Sri Lanka hotelier wants rupee to be unit of account to enable external trade

That is also more important, because the exchange rate will create price stability

May 26, 2024 10 min read

Sri Lanka tea production down 15-pct in April over scorching sun

Medium growns fell from 4.51 to 3.55 and low growns fell to 13.32 from 14.92 million kilograms

May 26, 2024 1 min read

Truth behind Sri Lanka VFS visa deal to be exposed: Harsha

COPF is committed to exposing the truth behind the controversial GBS/IVS tender

May 26, 2024 1 min read