In March 2024, the merchandise trade deficit narrowed to $369 million, compared to $412 million in March 2023, primarily due to higher export growth than import growth.

March 2024 saw Sri Lanka's exports reach a 19-month high of $1.14 billion, driving first-quarter performance up by 5.7% to $3.17 billion.

These SOEs collectively shifted from a loss of Rs. 740 billion in 2022 to a profit of Rs. 340 billion in 2023 after implementing reforms. The introduction of Aswesuma was noted to alleviat...

The Ceylon Petroleum Corporation has reduced all the retail fuel prices with effect from midnight yesterday (30).Accordingly, price of Octane 92 Petrol has been reduced by Rs. 3 per litre down to Rs. 368, Octane 95 Petrol reduced by Rs. 20 d...