US Dollar selling rate surpasses Rs. 350
The Sri Lankan Rupee continues to weaken against the US Dollar amidst multiple factors including the ongoing conflict in the Middle East. The selling rate of the US dollar...
Sri Lankan Rupee weakens further as US Dollar hits highest level since Dec. 2023
The Sri Lankan Rupee came under further pressure today as the selling rate of the US Dollar rose to Rs....
Sri Lanka’s tourist arrivals exceed 840,000 so far this year
The Sri Lanka Tourism Development Authority (SLTDA) stated that the number of tourist arrivals in Sri Lanka so far has...
Migrant worker remittances increase 26.5% in 1Q 2026
Remittances sent by migrant workers to Sri Lanka have increased by 26.5% in the first quarter of this year compared...
Gas Stocks and Supply Situation Remain Stable – Continuous Supply Assured
Currently, gas stocks in the Maldives’ Floating Storage are sufficient for the entire month of April, and all required stocks...
Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per...
More In Business
Dollar surges as US-Iran war pushes oil past $100 a barrel
The dollar took another leg higher on Monday, jumping to a three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety...
3 months ago
Sri Lanka’s foreign reserves surpass USD 7 billion mark
Sri Lanka’s official reserve assets increased by 6.6% to USD 7,284 million in February 2026, compared to USD 6,832 million recorded in January 2026. Accordingly, country’s reserves have surpassed...
3 months ago
DPMC reignited the roads with grand KTM motorcycles
David Pieris Motor Company (Private) Limited (DPMC) proudly relaunched KTM motorcycles in Sri Lanka after a lapse of five years, marking a significant milestone in the country’s performance motorcycling landscape...
4 months ago
USD/LKR Spot Rate surpasses Rs. 310 mark for the first time since Feb. 2024
The indicative USD/LKR spot rate announced by the Central Bank of Sri Lanka (CBSL) has surpassed the Rs. 310 mark for the first time since 29 February 2024. Accordingly,...
5 months ago
NOLIMIT Expands to the North with Grand Opening of 28th Store in Jaffna
NOLIMIT, Sri Lanka’s leading fashion retail brand, proudly announced the grand opening of its 28th store in Jaffna, which took place on Saturday, 3rd January 2026 at 10.00 a.m., marking...
5 months ago
HelaGo Raises USD 1 Million Seed Funding to Redefine Sri Lanka’s Ride-Hailing Market
HelaGo, Sri Lanka’s emerging ride-hailing platform built on an open and fair operating model, has secured USD 1 million in seed funding to accelerate its expansion and introduce a new...
5 months ago