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Sinhala

Central Bank transfers some dollar reserves to Switzerland to tackle risk

  • CNL Reporter
  • May 3, 2025
  • Banking and Financial
  • Central Bank
  • 0 Comments

Sri Lanka has shifted some of the Treasury foreign reserves which were earlier held in the United States into Switzerland in 2024 to manage risk, the central bank said.

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Bribery Commission Targets 15 Major Cases: Ex-Ministers in the Crosshairs

  • CNL Reporter
  • May 3, 2025
  • Political
  • Bribery Commission
  • 0 Comments

The Commission to Investigate Allegations of Bribery or Corruption announced its intention to file charges in connection with 15 major fraud and corruption cases in the near future.

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IMF Boost, Export Surge Signal Cautious Economic Recovery for Sri Lanka”

  • CNL Reporter
  • May 3, 2025
  • Weekly Economic Review
  • Sri Lanka
  • 0 Comments

Weekly Economic Review Sri Lanka Inches toward Stability with IMF Deal, Surging Remittances, and Export Growth

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Construction sector shows modest growth in March as small-scale projects lead the way

  • CNL Reporter
  • May 2, 2025
  • Constructions
  • Construction sector
  • 0 Comments

Sri Lanka’s construction sector showed signs of continued expansion in March, with the Purchasing Managers’ Index (PMI) for Construction reaching 54.3.

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Sri Lankan online shoppers stick to cash on delivery amid digital payment hesitation

  • CNL Reporter
  • May 2, 2025
  • Business News
  • online shoppers
  • 0 Comments

52 % of Sri Lankan online shoppers prefer COD, up from 48 % in the previous year Digital payment methods such as e-wallets lag 1 percent or less

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Apple says most US-bound iPhones no longer made in China

  • CNL Reporter
  • May 2, 2025
  • News
  • Apple
  • 0 Comments

Apple says it is shifting production of most iPhones and other devices to be sold in the US away from China, which has been the focus of President Donald Trump’s tariffs.

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University teachers call for impartial probe into Sabaragamuwa Uni. student’s death

  • CNL Reporter
  • May 2, 2025
  • News
  • University
  • 0 Comments

The Federation of University Teachers’ Associations (FUTA) has called for an impartial investigation into the tragic death of 23-year-old Charith Dilshan,

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Govt eases several more restrictions on vehicle imports

  • CNL Reporter
  • May 2, 2025
  • Business News, Political
  • Vehicle Imports
  • 0 Comments

The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025.

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Sri Lanka construction expands at a slower rate in March 2025: PMI

  • CNL Reporter
  • May 1, 2025
  • Constructions
  • Sri Lanka construction
  • 0 Comments

Sri Lanka’s construction sector expanded in March 2025, but at a slower rate than in February, according to a Purchasing Managers Index compiled by the central bank.

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‘Transformational change’ needed in Sri Lanka’s apparel industry: EDB

  • CNL Reporter
  • May 1, 2025
  • Business News
  • EDB
  • 0 Comments

A ‘transformational change’ is needed in Sri Lanka’s apparel industry,

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