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