Advantis Logistics City Installs Integrated Fire Protection Systems
Hayleys Fentons, Sri Lanka’s leading company in mechanical, electrical, and plumbing services, has partnered with Advantis 3PL Plus to upgrade the fire protection.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Sri Lanka Lifts Import Controls on Key Cereals Amid Rising Malnutrition
Sri Lanka has lifted import controls on several key cereal grains, which had been in place despite increasing malnutrition and poverty resulting from.
- July 29, 2024
Economics
Sri Lanka’s Budget Deficit Significantly Reduces in May 2024
Sri Lanka’s budget deficit saw a significant decrease in May 2024, falling to 366.8 billion rupees from 1,014.7 billion rupees in the same.
- July 29, 2024
Economics
CAA Warns Bakeries of Controlled Bread Prices Over Rs. 130
The Consumer Affairs Authority (CAA) has issued a stern warning to bakery owners, stating that a controlled price will be enforced on bread.
- July 29, 2024
Economics
Sri Lanka Negotiates Hilton Colombo Building Sale Price
Sri Lanka is still in negotiations regarding the sale price of Hotel Developers Lanka Ltd, which owns the Colombo Hilton, according to the.
- July 26, 2024
Economics
Banks Discuss Sovereign Bond Repayment in Rupees Amid Exchange Rate Concerns
Sri Lankan Banks Discuss Repayment of Sovereign Bonds in Rupees Amid Exchange Rate Concerns Sri Lanka’s domestic banks are in negotiations with the.
- July 26, 2024
Economics
Bread price reduced
The All Ceylon Bakery Owners’ Association (ACBOA) has decided to cut the price of a 450-gram loaf of bread and other bakery items.
- July 26, 2024
Economics
Central Bank Cuts Key Rates by 25bps to Stimulate Growth
The Central Bank has reduced its key policy rates by 25 basis points, bringing the Standing Lending and Deposit Facility rates to 9.25%.
- July 26, 2024
Economics
CEB Cuts Tariffs Due to Lower Generation Costs, IPP Payments Unaffected
Fitch Ratings-Colombo/Singapore-25 July 2024: Despite a 22.5% tariff cut effective from 16 July 2024, Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will remain.
- July 25, 2024
Economics
Qatar Charity to Provide Free Fertilizers for Sri Lankan Farmers
Qatar Charity has launched a program to distribute free fertilizers to 3,746 farming families in the Kurunegala, Matale, and Monaragala districts. A Memorandum.
- July 25, 2024