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Sri Lankans advised to economize fuel use further
EconomyNext 1 month ago
Sri Lankans advised to economize fuel use further

Sri Lanka's oil import bill has jumped sharply after the Middle Eastern conflist

Sri Lanka to see current account deficit in 2026 for first time in 4 years: CB
EconomyNext 1 month ago
Sri Lanka to see current account deficit in 2026 for first time in 4 years: CB

Since 2022 economic crisis, Sri Lanka has seen current account surplus

No spot quote for Sri Lanka rupee; bond yields edge up
EconomyNext 1 month ago
No spot quote for Sri Lanka rupee; bond yields edge up

The telegraphic transfer rates for the American dollar were 326.5000 buying, 333.5000 selling

Sri Lanka’s CPC paid two-third of 2025 oil bill in first 4 months: CB chief
EconomyNext 1 month ago
Sri Lanka’s CPC paid two-third of 2025 oil bill in first 4 months: CB chief

oil import bill has jumped due to higher oil prices after escalation in the Middle East

Sri Lanka CB chief explains reason behind recent rupee fall 
EconomyNext 1 month ago
Sri Lanka CB chief explains reason behind recent rupee fall 

Rupee has fallen 4.5 percent through May 15 this year

Sri Lanka April tourism revenue nosedives 39 pct as ME crisis bites
EconomyNext 1 month ago
Sri Lanka April tourism revenue nosedives 39 pct as ME crisis bites

Total revenue from tourism also has fallen in the first 4 months by around 20%

EXPLAINER – How to reverse the decline of Sri Lanka’s Colombo Port
EconomyNext 1 month ago
EXPLAINER – How to reverse the decline of Sri Lanka’s Colombo Port

Despite a slew of expansion projects, Colombo’s hub port’s competitiveness has eroded. Reversing…

SriLankan says its employees in India misappropriated INR22mn
EconomyNext 1 month ago
SriLankan says its employees in India misappropriated INR22mn

The Indian nationals had "fraudulently altering invoices, payment details and signatures"

SriLankan Airlines denies any liability to UAE service provider after AED 974,000 fraud
EconomyNext 1 month ago
SriLankan Airlines denies any liability to UAE service provider after AED 974,000 fraud

The amount transferred after receiving instructions via official email of Dubai agent: SriLankan

SriLankan Airlines detects double financial fraud in Dubai, Chennai
EconomyNext 1 month ago
SriLankan Airlines detects double financial fraud in Dubai, Chennai

Total from the both frauds comes to more than US$500,000

Sri Lanka imposes surcharge on vehicles to restrict imports, rupee fall
EconomyNext 1 month ago
Sri Lanka imposes surcharge on vehicles to restrict imports, rupee fall

New tax will not have an impact on market prices of vehicle, say deputy Finance Minister

Dialog Axiata Q1 net profit more than doubles to Rs.9.2bn
EconomyNext 1 month ago
Dialog Axiata Q1 net profit more than doubles to Rs.9.2bn

Revenue up, direct costs down in the quarter