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Sinhala

India surpasses Sri Lanka to become world’s second largest tea exporter – report

  • CNL Reporter
  • March 27, 2025
  • Business News
  • India surpasses Sri Lanka to become world’s second largest tea exporter – report
  • 0 Comments

According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world.

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Sri Lanka Police issue directives for owners providing tuk-tuks to foreign tourists

  • CNL Reporter
  • March 27, 2025
  • Travel and Tourism
  • Sri Lanka Police issue directives for owners providing tuk-tuks to foreign tourists
  • 0 Comments

Sri Lanka Police reported that an increase in the number of foreigner tourists visiting the country and driving three-wheelers has been observed.

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Standard Chartered group to exit wealth & retail banking business in SL

  • CNL Reporter
  • March 27, 2025
  • Banking and Financial
  • Standard Chartered group to exit wealth & retail banking business in SL
  • 0 Comments

Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.

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SriLankan Airlines’ ownership should remain local, despite growing foreign interest: CEO

  • CNL Reporter
  • March 26, 2025
  • Travel and Tourism
  • Sri Lanka
  • 0 Comments

The Chief Executive Officer (CEO) of SriLankan Airlines Richard Nuttall states that as Sri Lanka’s economy recovers and tourism returns,

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Central Bank keeps policy rate unchanged amid economic recovery

  • CNL Reporter
  • March 26, 2025
  • Banking and Financial
  • Central Bank keeps policy rate unchanged amid economic recovery
  • 0 Comments

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%,

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People crown LOLC for ninth consecutive year

  • CNL Reporter
  • March 26, 2025
  • Business News
  • People crown LOLC for ninth consecutive year
  • 0 Comments

LOLC once again emerges as the “People’s Financial Services Brand of the Year”,

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Lanka India Business Association launched in Sri Lanka

  • CNL Reporter
  • March 26, 2025
  • Business News
  • Lanka India Business Association launched in Sri Lanka
  • 0 Comments

With India poised to become the second largest economy in the world by 2075 (FT report) and becoming the fastest growing economy in the world,

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CPC to export lubricants to Bangladesh within two months

  • CNL Reporter
  • March 26, 2025
  • Business News
  • CPC to export lubricants to Bangladesh within two months
  • 0 Comments

Ceylon Petroleum Corporation (CPC) plans to begin exporting lubricating oil within the next two months.

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Russel’s Tea to provide 4% of sales proceeds for vedda community

  • CNL Reporter
  • March 25, 2025
  • Business News
  • Russel’s Tea to provide 4% of sales proceeds for vedda community
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Making a historic landmark in the tea industry, Russel’s (pvt) Ltd which launched five variants of Ceylon Tea to the

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Sri Lanka services exports rise 24.37-pct in February

  • CNL Reporter
  • March 25, 2025
  • Business News
  • Sri Lanka services exports rise 24.37-pct in February
  • 0 Comments

Sri Lanka’s services exports grew 24.37 percent from a year ago to 326.14 million US dollars in February 2025, the island’s Export Development Board said.

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