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CEB reports turnaround performance in 3Q despite tariff cuts
The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...
2024-11-21
Daily Mirror
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ஆக தேர்வு செய்க
SL pays $ 503 m for 1H debt servicing
By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.
2024-11-04
The Morning
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Workers’ remittances decline in September
In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.
2024-11-04
The Morning
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Rising import demand widens trade deficit to US$ 634mn
Sri Lanka’s trade deficit rose to US$ 634 million in September 2024 as imports surged 22%, outpacing a 4.1% export growth, largely due to increased consumer and investment goods demand. ...
2024-11-01
Daily Mirror
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Sri Lanka delegation discussed taxes, revenues with IMF: Minister
A Sri Lankan delegation discussed tax revenue targets with the IMF, focusing on increasing VAT and other taxes for the 2025 budget.While no final decisions were made, the IMF prefers revenue hikes over spending cuts to addr...
2024-10-30
Economy Next
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