The Cabinet of Ministers has approved the reactivation of the Co-operative Wholesale Establishment (CWE), which was previously slated for liquidation.The decision to liquidate the CWE, established...
The Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) at 8.00% at its meeting held yesterday (March 25). The Board has arrived at...
Chinese electric vehicle maker BYD has reported annual revenue for 2024 that has leapfrogged rival Tesla. The Shenzhen-based firm says revenue rose by 29% to come...
Ceylon Petroleum Corporation (CPC) Chairman, D.J. Rajakaruna, announced that steps will be taken to start exporting lubricants within the next two months.He revealed that an order...
Governor of the Central Bank of Sri Lanka (CBSL) – Dr. Nandalal Weerasinghe has stated that the majority of people in this country who fall prey to...
Elon Musk’s Starlink satellite broadband services will remain on hold in Sri Lanka until the company guarantees the government’s right to access communication data for national...
The Central Bank of Sri Lanka has determined that Pro Care (Pvt) Ltd. and Shade of Procare (Pvt) Ltd. are engaged in a scheme prohibited under...
Nawaloka Medical Center (Pvt) Ltd is under scrutiny after they recently announced the purchase of an AI-powered MRI machine worth USD 4.5 million (nearly Rs.1.33 billion)...
The National Salt Limited has announced plans to release a new brand of table salt under the government label, named “Raja Lunu,” to the local market...
The Consumer Affairs Authority (CAA) has confiscated a stock of Keeri Samba rice worth over Rs. 3.8 million. The stocks were officially seized today (March 18) following a...
