Sri Lanka trade gap widens 34-pct in March
June 07, 2017 (LBO) – Sri Lanka’s trade gap has widened 34.1 percent to 827.5 million US dollars in March from a year earlier, official data from the …
Commodity
Sri Lanka video showing rice as containing plastic is false: ministry
June 05, 2017 (LBO) – Sri Lanka’s Ministry of Industry and Commerce says a Youtube video that has gone viral which shows cooked rice as containing …
Petroleum union negotiations successful, strike called off
Apr 25, 2017 (LBO) – The Ceylon Petroleum Corporation (CPC) unions called off their strike late on Monday following successful discussions with Sri …
Sri Lanka NCPI moving average inflation reaches one year high
Feb 22, 2017 (LBO) – Sri Lanka’s nation-wide consumer prices as measured by National Consumer Price Index rose 6.5 percent in January from a year earlier, …
Imports to Sri Lanka up 16-pct; trade gap widens 33-pct in October
Feb 03, 2017 (LBO) – Sri Lanka’s exports rose 0.9 percent to 855.0 million dollars in October, while imports rose at a faster 16.4 percent to 1,906.2 …
Sri Lanka’s CCPI inflation up in January amid base year revision
Jan 31, 2017 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated to a six-month high of 5.5 percent in January 2017 from a year earlier, up …
Sri Lanka nation-wide inflation steady at 4.2 pct in December
Jan 23, 2017 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index rose at a steady pace of 4.2 percent in December from the 4.1 …
Implementing international conventions only criteria for GSP Plus: EU
Jan 18, 2017 (LBO) – European Union today reiterated that the ratification and implementation of 27 international conventions signed by Sri Lanka are the …
Sri Lanka’s largest fully integrated tire plant to be built with Rs11.25bn
(Press Release) – Rigid Tyre Corporation (Pvt.) Ltd. Equipped with the latest technology, this new plant is destined to roll in a new page in the …
Steps taken to meet Sri Lanka’s festive demand for rice: Ministry
Dec 20, 2016 (LBO) – Sri Lanka’s Ministry of Industry and Commerce will increase supply of freshly milled rice to meet a surge in demand during the …
Sri Lanka’s CCPI inflation down to 3.4 pct in Nov
Nov 30, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated 3.4 percent in November 2016 from a year earlier, but down from 4.2 percent …
Sri Lanka nation-wide inflation accelerates to 5-pct in October
Nov 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index rose to 5.0 percent in October from the 4.7 percent reported …
Sri Lanka October tea prices reach record levels
Nov 04, 2016 (LBO) – Sri Lankan tea prices at the Colombo auctions were at an new monthly high in October 2016 as volumes fell but demand picked up. …
Sri Lanka’s CCPI inflation up 0.3 pct points in Oct 2016
Oct 31, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated 4.2 percent in October 2016 from a year earlier, up from 3.9 percent in …
Sri Lanka inflation accelerates to 4.7-pct in September
Oct 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index rose to 4.7 percent in September from the 4.5 percent …
World Bank raises 2017 forecast for crude oil to USD55 per barrel
Oct 21, 2016 (LBO) – The World Bank is raising its 2017 forecast for crude oil prices to 55 US dollars per barrel from 53 per barrel following …
Algeria’s Rebrab to build euro 150 mln sugar refinery in Sri Lanka
Oct 13, 2016 (LBO) – The ninth wealthiest businessman in Africa, and the founder of Cevital, Issad Rebrab, will invest in Sri Lanka in a sugar refinery …
Sri Lanka nationwide inflation declines to 4.5-pct in Aug 2016
Sept 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index declined to 4.5 percent in August from the 5.8 percent …
New markets needed to offset Sri Lanka Tea downturn: OBG
Sept 21, 2016 (LBO) – Adverse weather conditions, combined with rising costs and greater competition, threaten to weaken Sri Lanka’s position in the …
Sri Lanka exports fell 5-pct in June, trade gap widens 6-pct
Sept 05, 2016 (LBO) – Sri Lanka’s exports fell 5.0 percent to 897 million US dollars in June 2016, while imports dropped a slower 0.2 percent to 1,676 …