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Exports top $ 5.5 b mark in first four months

Sri Lanka’s export sector has demonstrated remarkable resilience and steady progress during the first four months of 2025, with total exports reaching $ 5.583 billion, marking a robust 6.9% increase compared to the same period in 2024. The Sri Lanka Export...

Nissan Is Doubling Its Initial Layoff Announcement, Cutting 20,000 Jobs

Six months after revealing layoffs affecting 9,000 workers, Nissan is more than doubling that amount and cutting 20,000 jobs within the next two years instead. In an announcement on Tuesday, Nissan publicized a recovery plan called "Re:Nissan," which aims to...
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Central Bank of Sri Lanka Launches the Sustainable Finance Roadmap 2.0

The Central Bank of Sri Lanka (CBSL) launched the Sustainable Finance Roadmap 2.0 on 05 May 2025 at the Atrium of CBSL, marking a key milestone in its continued efforts to foster a climate-resilient and socially inclusive financial system. The...

President Invites Vietnam’s Vingroup to Invest in Sri Lanka

At the invitation of His Excellency Luong Cuong, President of the Socialist Republic of Vietnam, President Anura Kumara Disanayake, who is currently on a state visit to Vietnam, extended an open invitation to Vietnam’s leading conglomerate, Vingroup, to explore investment...

CCPI in April 2025 signals a further easing of deflationary conditions

The easing of deflationary conditions that commenced in March 2025 continued into April 2025, in line with the Central Bank’s near-term projections. Accordingly, headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), ...

Positively considering the GSP+ review – Head of South Asia Division of the EU

The Head of South Asia Division, European External Action Service of the European Union Mr. Charles Whiteley stated that the European Union has a favorable perspective on the current GSP+ review process. He made these remarks during a meeting held...

Assisting the Solar power debate in the Sri Lankan Cabinet

The purpose of this article is to inform the Cabinet discussion on Solar Power proposed by the Ceylon Electricity Board (CEB) Net metering and the Prosumer The CEB has put forward a motion to the Sri Lankan Cabinet which proposes...

Gold climbs to record high as tariff worries bolster safe-haven demand

old prices extended their record run on Tuesday, hitting a record high buoyed by safe-haven demand as investors braced for U.S. President Donald Trump’s planned announcement on reciprocal tariffs. Spot gold was up 0.3% at $3,133.01 per ounce at 1147...

The controversy over grasslands in eastern Sri Lanka

A recently uprooted tree in the village of Kurivisuttakulam in Northern Sri Lanka. The land allocation for both the grassland and the paddy fields remains a contentious issue This article by Ishanka Singha Arachchi originally appeared on Groundviews, an award-winning citizen...

No economy can sustain construction sector entirely dependent on govt investments’: CBSL Governor

The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector.  Speaking at ‘Construction Expo 2025’...
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