Tariff jitters cast long shadow over SL’s rubber sector
- CNL Reporter
- May 10, 2025
- Business News
- Tariff
- 0 Comments
The global rubber market is already feeling the tremors of policy uncertainty, with Sri Lanka caught in the
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World Bank provides US$ 1 bn to boost jobs and private sector growth in SL
- CNL Reporter
- May 8, 2025
- Banking and Financial
- World Bank
- 0 Comments
The World Bank Group yesterday announced a major initiative to support job creation and unlock private sector
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Philippine Coconut Authority forecasts continued rise in coconut oil prices
- CNL Reporter
- May 7, 2025
- Business News
- Philippine
- 0 Comments
Coconut oil prices are expected to continue rising due to global supply challenges and increased demand,
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Browns Investments Buys FLMC for Rs. 4.8Bn, Boosting Plantation Portfolio
- CNL Reporter
- May 6, 2025
- Business News
- Browns Investments
- 0 Comments
Browns Investments PLC (BIL), the investment arm of LOLC Group, has acquired FLMC Plantations Ltd. for Rs. 4.8 billion,
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Government Revenue Rises 18% amidst High Spending in Early 2025
- CNL Reporter
- May 5, 2025
- Banking and Financial, News
- BoC
- 0 Comments
Sri Lanka’s state revenue rose 18% to Rs. 760.7 billion in the first two months of 2025, driven by increased tax
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Sri Lanka’s tourist arrivals record anew high to 174,608
- CNL Reporter
- May 5, 2025
- Travel and Tourism
- Sri Lanka’s tourist
- 0 Comments
Sri Lanka’s tourist arrivals increased 17.3 percent from a year ago to 174,608 in April 2025, with most visitors
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Commercial Bank of Ceylon Expands Global Reach with DIFC Office
- CNL Reporter
- May 5, 2025
- Banking and Financial
- Commercial Bank
- 0 Comments
The Commercial Bank of Ceylon is set to strengthen its international presence by opening a Representative Office in the Dubai
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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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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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