Sri Lanka headline inflation as measured by the year-on year (Y-o-Y) change in the National Consumer Price Index (decreased to 4.6 per cent in December 2020 from 5.2 per cent in November 2020, Central Bank announced.

SriLankan Airlines will step up the country’s fresh push to woo tourists by starting twice weekly flights to Russian capital Moscow from February. Airlines ,Chairman Ashok Pathirage divulged.

Sri Lanka exports maintained resilience last year recording a remarkable achievement surpassing the revised target amidst challenges in Covid -19 crisis.

Business leader Dhammika Perera picked perhaps an auspicious 21.1.21 to unleash a sensational move of share splits of his flagship export-rich diversified blue-chip Hayleys PLC and several subsidiaries sending the stock market to dizzy heights with investors scrambling to grab stocks.

SriLankan Airlines said yesterday it will step up the country’s fresh push to woo tourists by starting twice weekly flights to Russian capital Moscow from February.

The beleaguered COVID-hit tourism industry will start today with fresh hope for revival as Sri Lanka reopens its borders after a 10-month closure though actual leisure travellers to exotic destination may take bit longer.

Central Bank in its latest circular has reversed a decision given in May last year and allowed licensed commercial and specialised banks to pay dividends post-finalisation of annual accounts, which typically takes place around February.

The revival of the Hingurana Sugar factory under Sri Lanka‘s first private partnership initiated during President Mahinda Rajapaksa’s regime in 2007 ending a 15 year closure has now been turned around to a profitable joint venture with efficient management,

Joining the effort to propel Sri Lanka to 6% growth in 2021 the Central Bank has decided to keep policy rates unchanged and will introduce priority sector lending targets for Micro, Small and Medium

Enterprises (MSMEs) to propel rapid economic expansion, top officials said yesterday.