The value of the US dollar and the Sri Lanka Rupee is determined by the supply and demand. If the value of the dollar rises significantly, the Central Bank of Sri Lanka (CBSL) has sufficient dollars to control it, Finance State Minister Ranjith Siambalapitiya said.

New laws are being introduced to facilitate the use of uncultivated land for agricultural purposes as land is vital for social empowerment, State Minister for Social Empowerment Anupa Pasqual said

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.7% in April 2024, compared to 2.5% in March 2024, according to the latest data released by the Department of Census and Statistics.

French Ambassador Jean-François Pactet expressed optimism yesterday that Sri Lanka’s debt restructuring process could be concluded ‘very fast’ but declined to elaborate on more details

More than 33,000 people in ten districts have been affected due to adverse weather conditions around the country, Disaster Management Centre (DMC) Assistant Director Pradeep Kodippili said.

C. W. Mackie PLC, a diversified conglomerate with over a century's heritage in manufacturing, exporting,

NPP leader Anura Kumara Dissanayake is ready to participate in the proposed debate with Samagi Jana Balawegaya (SJB) leader Sajith Premadasa on June 6, NPP Executive Committee member Dr. Nalinda Jayatissa said yesterday.

Elon Musk has accepted an invitation by President Ranil Wickremesinghe to visit Sri Lanka this year to launch his Starlink satellite internet service.

At the 10th World Water Forum in Bali, Sri Lanka's Minister of Water Supply Jeevan Thondaman announced a significant partnership with the World Bank.

Sri Lanka is about to receive 100 Octane premium petrol, known as XP100 rating fuel, which helps enhance the performance of vehicles, particularly high-end luxury cars and bikes.

The revenue to the government, including the grants, rose by a staggering 61.8 percent in January 2024. This is a result of the government raking in billions of rupees out of people’s pockets to appease the International Monetary Fund’s revenue targets.

- SL State Intelligence awaits further details from Indian intelligence

For Cardiff City LFC footballer Lailah Muscat, coming out as bisexual was a difficult process.

The final report of the U.K.'s infected blood inquiry was published on Monday, nearly six years after it began looking into how tens of thousands of people contracted HIV or hepatitis from transfusions of tainted blood and blood products in the 1970s and 1980s.

Sri Lanka’s Government Analyst is set to find out the similarity in paper used in printing counterfeit security tax stamps and the printing paper of fool proof liquor sticker with QR code for all liquor products, in the latest twist in the investigation into this racket.

The Treasury is compelled to curtail spending further in the second quarter of this year as the day’s revenue collection is far below the daily expenditure creating a cash flow problem, Finance Ministry sources confirmed.

Three major Sri Lankan authorities have banded together to form a blended finance platform where donor assistance is combined with additional private and public financing to leverage funds to back sustainable projects, officials said.

The Central Bank (CB) will roll out a national digital currency by the end of the year with the aim of modernising the country’s financial transactions and regulatory framework, a senior official disclosed to a parliamentary committee recently.

January revenue and grants amounted Rs. 283 bn

Credit card ceiling rate due for downward revision as other lending rates descend fast