Merchandise export earnings over USD 1,100 Mn in July: EDB

Merchandise export earnings over USD 1,100 Mn in July: EDB

Earnings from the merchandise exports increased by 2.25 % y-o-y to USD 1,128.7 million in July 2022 as per the data released by the Sri Lanka Customs, the Export Development Board (EDB) says. This was mainly due to the increase in earnings from export of Apparel & Textiles. According to the EDB, major product sectors

Three suspects arrested with large haul of drugs in Peliyagoda

Three suspects arrested with large haul of drugs in Peliyagoda

Three suspects have been arrested with a large quantity of drugs including cocaine, hash and Kush cannabis worth with estimated street value of over Rs. 230 million. The drugs were seized in a raid carried out by officers of the Peliyagoda police station who were on a night mobile patrol in the area near the

CBSL and SLBFE jointly promote LankaRemit mobile app

CBSL and SLBFE jointly promote LankaRemit mobile app

The Central Bank of Sri Lanka (CBSL) and the Sri Lanka Bureau of Foreign Employment (SLBFE) held a ceremony on 26 August 2022 at SLBFE to demonstrate the features of LankaRemit National Remittance Mobile Application, with the aim of popularizing it among migrant workers. LankaRemit provides Sri Lankan expatriates with access to a fast, secure

IMF delegates holds another meeting with President and Fin. Min. officials

IMF delegates holds another meeting with President and Fin. Min. officials

August 26, 2022   06:46 pm

U.S. donates 3,000 metric tons of food to feed Sri Lankan school children

U.S. donates 3,000 metric tons of food to feed Sri Lankan school children

The United States today (Aug 26), through the U.S. Department of Agriculture (USDA) and in partnership with Save the Children, received 320 metric tons of split yellow peas to nourish school children across Sri Lanka. The donation is part of a larger one of 3,000 metric tons of food.  U.S. Ambassador Julie Chung, Sri Lanka’s

Sri Lanka among top 5 countries with highest food price inflation

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Sri Lanka ranks fifth, only behind Lebanon, Zimbabwe, Venezuela and Türkiye, with the highest food price inflation in the world, according to the latest World Bank assessment. The World Bank’s latest Food Security Update states that domestic food price inflation remains high around the world, with high inflation continuing in almost all low and middle-income

Actor Jehan Appuhami surrenders to court, granted bail

Actor Jehan Appuhami surrenders to court, granted bail

August 22, 2022   01:06 pm Actor Jehan Appuhami who

NCPI based headline inflation hits 66.7% in July

NCPI based headline inflation hits 66.7% in July

The Department of Census and Statistics (DSC) has released the National Consumer Price Index (NCPI) and the inflation rate for the month of July 2022. The overall rate of inflation as measured by the NCPI on Year-on-Year basis for the month of July 2022 has been reported as 66.7%, according to the department. The NCPI

Sri Lanka invites UAE for broader cooperation in agriculture, trade & investment

Sri Lanka invites UAE for broader cooperation in agriculture, trade & investment

Ambassador of the United Arab Emirates, Khaled Nasser Al-Ameri called on Sri Lanka’s Minister of Foreign Affairs Ali Sabry at the Ministry of Foreign Affairs on Wednesday (Aug 10). Minister Sabry briefed the UAE envoy on the current economic situation in Sri Lanka and the tangible action taken so far by the government to increase

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