Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in manufacturing activities. All the sub-indices, except for employment, remained above the neutral threshold during the month. The expansion in New Orders...

Consumers Using Less than 90 Units Benefit Most from the Electricity Price Revision. Future Electricity Tariff Expected to Decrease Further in 03 years – Minister of Power and Energy, Kanchana Wijesekera. Minister of Power and Energy, Kanchana Wijesekera highlighted that...

Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board A Coconut Triangle established in the Northern Province...

The President said inaugurating the new swimming pool at Anuradhapura Central College. President Ranil Wickremesinghe emphasized his commitment to building a robust economic framework that ensures long-term stability for future generations, steering away from short-term solutions that could risk economic...

Finance State Minister Ranjith Siyambalapitiya said that the final decision regarding the lifting of the ban imposed on the import of vehicles will be taken by mid August. The State Minister also pointed out that the committee appointed to look...

Plans to Develop Bingiriya as a Major Economic Zone across Five Key Sectors. Projected Export Revenue of USD 2600 Million upon Completion of Investment Zone. 75,000 Job Opportunities through Investment Zone Expansion. “Efforts are being made to create new investment...

Public and Private stakeholders, including Mr. Mahinda Siriwardana, Secretary to the Ministry of Finance, Economic Stabilization and National Policies, pose for a group photo following the workshop  The United States, through the United States Agency for International Development (USAID), is...

A comprehensive policy document titled ‘Vision 2030’, prepared by the Ceylon Chamber of Commerce, to guide Sri Lanka towards sustainable and inclusive development by 2030 was presented to President Ranil Wickremesinghe today (09) at the Presidential Secretariat. This document outlines...