“Central Bank Announces Relief Measures for Struggling Sri Lankan SMEs”
- CNL Reporter
- December 21, 2024
- Business News
- Sri Lankan SMEs"
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Behind the News
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Deputy Minister discusses challenges hindering Sri Lankan industries’ growth with WB officials
- CNL Reporter
- December 20, 2024
- Business News
- Deputy Minister discusses challenges hindering Sri Lankan industries’ growth with WB officials
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Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe has met with the World Bank’s Country Manager,
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Government extends rice importation period
- CNL Reporter
- December 20, 2024
- Business News
- Government extends rice importation period
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The government has announced its decision to extend the period for rice importation until January 10, 2025, with the final agreement expected to be confirmed at the Cabinet meeting scheduled for Monday (23).
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SL Audit exposes Rs. 2.66 b loss in electric vehicle permit scheme
- CNL Reporter
- December 19, 2024
- Business News
- SL Audit exposes Rs. 2.66 b loss in electric vehicle permit scheme
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The National Audit Office has uncovered significant financial losses amounting to Rs. 2.66 billion and a systemic mismanagement in the former administration’s electric vehicle import
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Coconut production dropped 17.8-pct in September
- CNL Reporter
- December 18, 2024
- Business News
- Coconut production dropped 17.8-pct in September
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Coconut production in Sri Lanka declined by 17.8 percent in September this year compared to September 2023, central bank data showed.
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SL Vote on Account’s Revenue gains to fall short of spending increase
- CNL Reporter
- December 18, 2024
- Banking and Financial
- SL Vote on Account’s Revenue gains to fall short of spending increase
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On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year,.
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Sri Lanka, India plan second ferry connection
- CNL Reporter
- December 17, 2024
- Business News
- India plan second ferry connection, Sri Lanka
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Sri Lanka and India have discussed resuming a second passenger ferry service between the island and the sub-continent during President Anura Dissanayake’s state visit.
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Sri Lanka’s bondholders sign off on USD 12.55 billion debt overhaul
- CNL Reporter
- December 17, 2024
- Business News
- Sri Lanka’s bondholders sign off on USD 12.55 billion debt overhaul
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Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation’s debt rework.
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India to supply LNG for Sri Lanka’s power plants
- CNL Reporter
- December 17, 2024
- Investment
- India to supply LNG for Sri Lanka’s power plants
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India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the power grids of the two countries as well as lay a petroleum pipeline between the neighbours,
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Doing business ecosystem gains momentum in Sri Lanka
- CNL Reporter
- December 17, 2024
- Business News
- Doing business ecosystem gains momentum in Sri Lanka
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Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently visited the Board of Investment (BOI) and conducted the first meeting with senior management.
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