British High Commissioner Commends Sri Lanka’s Economic Stabilisation Efforts
The British High Commissioner to Sri Lanka, Andrew Patrick, commended the Sri Lankan Government for its significant progress in economic stabilisation achieved within.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Sri Lanka’s Hambantota Industrial Park Secures $25 Million Mattress Export Investment
Sri Lanka’s Hambantota International Port Group (HIPG) has secured a $25 million investment to establish a mattress manufacturing factory in its China-backed industrial.
- December 20, 2024
Economics
Sri Lanka to Import 30,000 Metric Tons of Non-Iodized Salt Amid Possible Shortage
Sri Lanka’s cabinet of ministers has approved a proposal to import 30,000 metric tons of non-iodized salt in response to a potential shortage.
- December 19, 2024
Economics
Sri Lanka to Continue Special Commodity Food Taxes to Protect Farmers
Sri Lanka’s cabinet has decided to retain the Special Commodity Levy (SCL) Act, reversing an earlier decision to abolish it, in order to.
- December 19, 2024
Economics
Doing Business Ecosystem Gaining Momentum, Positive Country Image to Boost FDI
Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently visited the Board of Investment (BOI) and held the first meeting with its senior.
- December 17, 2024
Economics
Sri Lanka Rice Importers Forced to Cancel Orders Due to Tight Shipping Window and Price Controls
Several rice importers in Sri Lanka have been compelled to cancel their orders due to a limited shipping window and stringent price controls,.
- December 16, 2024
Economics
Sri Lanka Promoted as Gateway to Business Opportunities at Antwerp Event
The Embassy of Sri Lanka in Brussels showcased Sri Lanka’s impressive economic recovery and emerging prospects in trade, investment, and tourism to over.
- December 16, 2024
Economics
Colombo Consumer Prices Dive Deeper into Deflation in November 2024 Amid Fuel Price Cuts
Inflation in Colombo fell further into deflationary territory in November 2024, as anticipated by the Central Bank, with a significant decline in non-food.
- December 2, 2024
Economics
Non-Performing Loans Decline in Q3 2024 Amid Economic Recovery
The Central Bank of Sri Lanka (CBSL) has reported a notable decline in non-performing loans (NPLs) during the third quarter of 2024 (Q3),.
- December 2, 2024
Economics
Collective Effort Vital for Success of Sri Lanka’s Debt Restructuring: IMF Chief
IMF Managing Director Kristalina Georgieva has emphasized the importance of collective efforts from international financial institutions, official creditors, and bondholders to ensure the.
- November 28, 2024