Sri Lanka Approves Up to 10% Cut in Household Water Tariffs
Sri Lanka’s cabinet has approved a reduction in household water tariffs of up to 10 percent under a cost-reflective tariff formula, according to.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Sri Lanka’s July 2024 Remittances Increase by 10.3% to $566.8 Million
Sri Lanka’s remittances surged by 10.3% to $566.8 million in July 2024, marking a significant rise from the previous year, thanks to increased.
- August 12, 2024
Economics
Sri Lanka to Raise Pension Payments to Rs6,000 in October
Sri Lanka will pay its state pensioners a total of Rs6,000 in October following opposition from the Elections Commission regarding an initial Rs3,000.
- August 12, 2024
Economics
Sri Lanka Urged to Boost Annual USD 12 Billion Export Volume
At a recent Business Dialogue event hosted by the Advocata Institute at Queens Hotel Kandy, Prof. Sirimal Abeyratne emphasized the need for Sri.
- August 9, 2024
Economics
Oversupply Pressures Ceylon Grain Elevators’ Profits in Q2
Ceylon Grain Elevators PLC (CGE), Sri Lanka’s leading poultry producer, reported a decline in both revenue and profit for the second quarter of.
- August 9, 2024
Economics
Tokyo Cement Group Begins FY24/25 with Mixed Results but Positive Outlook
Quarterly Financial Review Tokyo Cement Group reported a turnover of Rs. 11,665 million for the first quarter ended 30 June 2024, marking a.
- August 9, 2024
Economics
Sri Lanka’s 2024 BOP Surplus Lags Behind 2023 Amid Ongoing Economic Policies
Sri Lanka’s balance of payments (BOP) remains in surplus in 2024, but it trails slightly behind the figures from 2023, according to official.
- August 9, 2024
Economics
July 2024 National Tea Sales Average Declines by 1.5%
In July 2024, the national tea sales average in Sri Lanka decreased by 1.5%, reaching Rs.1,223.88 (US $4.05) compared to Rs.1,243.69 (US $4.12).
- August 8, 2024
Economics
Sri Lanka’s Government Revenue Soars by 41% in First Half of 2024
Sri Lanka has seen a substantial increase in government revenue, with a 41% rise year-on-year (y-o-y) in the first six months of 2024,.
- August 8, 2024
Economics
Alliance Air Celebrates 500th Flight to Jaffna, Enhancing Chennai-Jaffna Links
Alliance Air, a subsidiary of Air India, celebrated a major milestone by completing its 500th flight operation to Jaffna International Airport on August.
- August 8, 2024