Economics

Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.

Economics

Sri Lanka to Revise High Renewable Feed-In Tariffs After Competitive Tenders

Sri Lanka will reduce the high feed-in tariffs offered to renewable energy developers following low prices from a 50 MW tender for a.

  • June 28, 2024
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Economics

Sri Lanka Imposes New Trade Controls on Metal Scrap Exports

Sri Lanka is set to enforce new trade regulations that will make exporting metal scrap illegal without a proper licensing system, according to.

  • June 28, 2024
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Economics

Sri Lanka’s Export Performance in May 2024: Mixed Results with Overall Decline

In May 2024, Sri Lanka’s merchandise exports dropped by 5.81% compared to the same month last year, totaling 960.2 million dollars, according to.

  • June 27, 2024
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Economics

Sri Lanka’s coconut prices continued to rise in June

This data suggests a positive trend for Sri Lanka’s coconut industry. It would be helpful to monitor future trends to see if this.

  • June 17, 2024
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Business Economics

Sri Lanka to Crack Down on Tax Breaks for Car Imports

Sri Lanka is revamping its car import policies as part of an agreement with the International Monetary Fund (IMF): Current System: Concerns and.

  • June 17, 2024
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Economics Tourism

Sri Lanka Tourism Sees Early June Boost, But Target Uncertain

Sri Lanka’s tourism industry shows positive signs in early June: Challenges Remain: Overall 2024 Target: Additional Notes: Sri Lanka’s tourism industry has shown.

  • June 17, 2024
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Business Economics

Sri Lanka Tea Production Down Despite May Increase

Sri Lanka’s tea production shows a mixed picture: Overall, YTD production is lower across all elevations compared to 2023. Key Takeaways:

  • June 14, 2024
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Business Economics Industry Analysis

Unilever Sri Lanka Takes a Big Step Towards Sustainability with New Solar Power Project

Horana, Sri Lanka – Unilever Sri Lanka recently inaugurated a significant solar power project at its Horana factory, demonstrating their commitment to environmental.

  • June 12, 2024
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Business Economics

Sri Lanka Confident of Favorable IMF Review Today

Sri Lanka’s State Minister for Finance, Shehan Semasinghe, expressed optimism on Twitter (platform Twitter) ahead of the International Monetary Fund (IMF) board discussion.

  • June 12, 2024
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Economics

Sri Lanka’s Recovery Stalls: Verité Research Questions Governance Progress

Sri Lanka’s economic recovery faces a hurdle as a critical review by the International Monetary Fund (IMF) approaches. Verité Research, a prominent Sri.

  • June 10, 2024
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