Sri Lanka’s Remittances Surge 23% in July amid growth in Labour Migration
Sri Lanka’s official worker remittances rose 23% year-on-year to US $697.3 million in July 2025,
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CEAT Retains Title as Sri Lanka’s Most Valuable Tyre Brand in 2025
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CNL Reporter
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August 11, 2025
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Business News
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CEAT
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CEAT has been ranked Sri Lanka’s ‘Most Valuable Tyre Brand’ for 2025 by Brand Finance Lanka,
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Tourism Earnings Top $2 Billion in Seven Months doubting US$5 Billion Target
Sri Lanka’s tourism revenue surpassed $2 billion in the first seven months of 2025, though July saw a slight year-on-year dip despite strong arrivals.
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Sri Lanka Risks Booking.com Exit amid new Tax, Threatening Tourism Recovery
NEWS OF THE DAY
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Singer Sri Lanka Becomes Authorised Starlink Retailer
Singer Sri Lanka has been appointed the authorised retailer for SpaceX’s Starlink satellite internet service, offering high-speed, unlimited internet across the island, including remote and underserved areas.
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Sri Lanka foreign reserves marginally up in July to US$6.1bn
Sri Lanka’s gross foreign reserves edged up by 64 million US dollars in July 2025 to 6,144 million US dollars,
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Sri Lanka Tea Prices Edge Up in July but Lag Behind 2024 Levels
Sri Lanka’s tea industry, a cornerstone of the nation’s exports,
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Sri Lankans Found Behind Alleged Illegal Foreign Tourist Businesses
Some businesses suspected of being illegally operated by foreigners—particularly Israeli nationals—are in fact registered under the names of Sri Lankans,
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Sri Lanka Advances Poultry Exports to Singapore Following Key EDB-SFA Talks
The Sri Lanka Export Development Board (EDB) on 1 August held a key meeting with a visiting delegation from the Singapore Food Agency (SFA) to review progress on Sri Lanka’s bid to export poultry products to Singapore.
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Vogue Jewellers Opens First International Store in Melbourne
Vogue Jewellers, Sri Lanka’s leading jeweller since 1962, has opened its first international outlet at Westfield Fountain Gate in Melbourne, Australia.
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