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The State Minister for Primary Industries Chamara Sampath Dasanayake this week announced that gem and jewellery exports have garnered an impressive income of $ 315 million year-to-date whilst recording a growth rate of 34%, reaffirming its vital role in strengthening the economy.

Donald Trump turned himself in as expected on Thursday in Georgia to be charged with an election plot. That process - and the coming arraignment - may follow a script unlike his previous three arrests this year.

In the wake of escalating killings and robberies across the country, the police, in collaboration with the Special Task Force (STF), have launched special operations to crack down on organized criminals and individuals associated with them,

July apparel export earnings decline to US$ 401mn, down 23%

For January-July period, apparel export earnings down 19% to US$ 2.68bn

CB chief highlights desire for faster decline in market interest rates

Adding another to the list of recent arrests, the Department of Immigration and Emigration stopped a man who tried to leave the country with a forged Canadian visa on his Sri Lankan passport at the Bandaranaike International Airport (BIA) on Wednesday evening.

The Monetary Board of the Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 11.00 per cent and 12.00 per cent, respectively.

The Bandaranaike International Airport is set to build a pre-fabricated terminal to minimize congestion at the airport.

More than 90 percent of vehicles running in Sri Lanka are not up to the proper smoke emission standards, the Sectoral Oversight Committee on Energy and Transport has revealed.

DFCC Bank, has launched the country’s first Green Fixed Deposit aimed at supporting environmental protection, climate adaptation and other sustainability initiatives.

Founder shareholder Debug Investments has exited WindForce PLC with several high-net-worth investors including H.M. Udeshi picking up quantities.

Thursday, 24 August 2023 09:54

Colombo Land Valuation Indicator up by 15.2%

Land Valuation Indicator (LVI) for Colombo District recorded 215.3 during the first half of 2023 with a year-on-year increase of 15.2%.

Ever since he led a mutinous march on Moscow in late June Yevgeny Prigozhin was described by Russia watchers as "a dead man walking".

The Monetary Board of the Central Bank has decided to impose administrative caps on certain lending products of financial services institutions, as interest rates charged on these products still remain at extremely high levels despite the sharp decline in policy interest rates.

Professionals of Supplementary Medical Service across the country have decided to stage a 24-hour token strike commencing from 8 a.m. today (24).

Russian mercenary leader Yevgeny Prigozhin was on the passenger list of a jet which crashed in Russia killing all 10 people on board, Russia's civil aviation authority says.

Sri Lanka has recently experienced a disturbing increase in shootings, resulting in a significant loss of lives and injuries.

Insurance Regulatory Commission of Sri Lanka (IRCSL) yesterday said it had informed insurance companies not to ask for ‘No-objection’ letters from financiers to pay insurance claims on vehicles that are under hire purchase or lease agreements.

It was revealed in Parliament that the majority of MPs who were provided with weapons during the period between 1980 and 1990 are yet to return the weapons.

Sri Lanka’s strategic positioning abutting the world’s major trade arteries and in close proximity to key markets in the region makes it a leading investment destination.

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