Food prices soar 15% in single month
Colombo-based think tank Advocata stated its Bath Curry Indicator (BCI), which tracks the monthly changes in the retail price of food, recorded an increase of 15% from November 2021 to December 2021. Read More »
Export proceeds conversion rules not applicable for remittances: CBSL
The Central Bank of Sri Lanka (CBSL) last Saturday (8) said that rules on conversion of export proceeds do not apply to workers’ remittances. Read More »
Indian banks turn cautious on Sri Lanka exposures
As Sri Lanka grapples with a severe foreign exchange crunch, high street banks in India have turned cautious and selective about their exposures to the island nation. Read More »
17,400 tourists in first six days of 2022
The Ministry of Tourism stated that 17,400 tourists have arrived in Sri Lanka during the first six days of 2022. Read More »
CBSL gold reserves halve
The gold reserves, which form part of the official reserve assets of the Central Bank of Sri Lanka (CBSL), have decreased by $ 206.8 million in December 2021.Read More »
Kapruka debuts trading on the CSE
The shares of Kapruka Holdings Ltd. (KPHL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) last Friday (7). Read More »
The National Single Window: Paving the way for paperless trade
In 2016, Sri Lanka ratified its Trade Facilitation Agreement (TFA) with the World Trade Organisation (WTO), and in 2017, a Secretariat was established for the National Trade Facilitation Committee to Read More »