The earnings from tourism have exceeded US $ 500 million for the first two months of the year, with the industry generating an excess of US $ 300 million for the month of February. 

Import restrictions have been imposed on 367 non-essential items including bottled water, beer, wine and alcohol (foreign liquor), tobacco products, dairy products, ornamental items, entertainment equipment, musical instruments, beauty produ...

It has been decided to let the LKR to ‘free float,’ since yesterday (9) evening, following CBSL’s meeting with bankers, the CBSL sources said. Meanwhile, the Ministry of Finance on the same day announced to provide a specia...

Sri Lanka’s central bank said foreign currency reserves dropped to $2.31 billion by the end of February, a level that could provide a month’s breather in efforts to lure investment and curb imports to ensure debt repayments durin...