Sri Lanka Targets 20% GDP Contribution from Manufacturing by 2030
The Industry Ministry has set ambitious goals to increase the manufacturing sector’s contribution to Sri Lanka’s GDP from 16% to 20% by 2030..
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
IndiGo to Launch Direct Flights Between Chennai and Jaffna from September 1
IndiGo has announced the addition of Jaffna, Sri Lanka, to its international route network. Starting September 1, the airline will commence non-stop daily.
- August 2, 2024
Economics
Sri Lanka and IMF Discuss Critical Areas for Economic Program Success
Sri Lanka’s President Ranil Wickremesinghe met with International Monetary Fund (IMF) Mission Chief Peter Breuer and his team on Thursday to evaluate the.
- August 2, 2024
Economics
CBSL Projects Near 4% Economic Growth for SL in 2024
Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central.
- August 1, 2024
Economics
Offshore Banking Regulations Gazetted for Port City Colombo’s Economic Zone
Port City Colombo has officially announced the gazetting of two critical regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence, for.
- August 1, 2024
Economics
EPF Secures Rs. 231 Million in Laugfs Gas Share Case
The Employees’ Provident Fund (EPF) has received Rs. 231 million in compensation for losses incurred due to market manipulation in the purchase of.
- August 1, 2024
Economics
Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%
Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.
- August 1, 2024
Economics
Port City Economic Act Amendments Approved to Boost Global Competitiveness
The Cabinet of Ministers has approved a proposal from the President, in his capacity as the Minister of Investment Promotion, to instruct the.
- July 31, 2024
Economics
Sri Lanka Cabinet Approves New PPP Agency Bill
Sri Lanka’s cabinet has given the green light to draft legislation for establishing a National Agency for Public-Private Partnerships (PPP), following a proposal.
- July 30, 2024
Economics
Sri Lanka Cabinet Approves More Egg Imports to Stabilize Prices
Sri Lanka’s cabinet has sanctioned the State Trading (General) Corporation to import more eggs to curb price increases, according to Spokesman Bandula Gunawardana..
- July 30, 2024