Economics

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

Economics

IFC Asia Pacific Regional Vice President Voices Backing for Sri Lanka’s Reforms on Official Trip

IFC’s Vice President for Asia Pacific, Riccardo Puliti, concluded a two-day visit to Sri Lanka, expressing IFC’s dedication to supporting the country’s ongoing.

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Economics

Sri Lankan Apparel Exporters Urge End to Forex Conversion Regulation

Sri Lanka’s apparel exporters are urging the central bank to abolish a mandatory conversion rule for export proceeds as the rupee strengthens with.

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Economics

Key Services in Sri Lanka Drive Inflows to Exceed Imports by $514 Million in March

According to recent central bank data, Sri Lanka’s combined earnings from remittances, tourism, and exports reached $2.041 billion, surpassing imports by $514 million,.

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Economics

Minister Semasinghe to Seek Increased ADB Assistance for Sri Lankan SMEs, Tourism, and Infrastructure Development

State Minister of Finance Shehan Semasinghe emphasized the crucial role of the Asian Development Bank (ADB) in bridging Sri Lanka’s finance gap, speaking.

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Economics

Sri Lanka’s Export Earnings Increase by Nearly 10% in March 2024

In March 2024, the merchandise trade account deficit in Sri Lanka narrowed to US dollars 369 million compared to US dollars 412 million.

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Economics

COPF Deliberates on ‘Parate Execution’ and Economic Recovery

The Committee on Public Finance (COPF) convened today for a crucial discussion centered on Parate Execution (PE) and its implications for Sri Lanka’s.

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Economics

Restructure Talks at Sri Lanka ISB Delayed Pending IMF Methodology Clarity: Sources

Sri Lanka’s ongoing debt restructuring talks with sovereign bond holders are currently stalled, awaiting clarity from the International Monetary Fund (IMF) regarding the.

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Economics

President of Sri Lanka Announces Historic Wage Increase for Privatized Plantation Workers

Sri Lankan President Ranil Wickremesinghe made a significant announcement during the May Day rally of the Ceylon Workers’ Congress (CWC) in Kotagala, revealing.

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Economics

State Minister Urges Further Steps to Enhance Sri Lanka’s Nighttime Economy for Tourist Appeal

State Tourism Minister Diana Gamage of Sri Lanka has highlighted the progress made in night-time economic activities but stressed the need for further.

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Economics

State Minister Advocates Health Regulation for Safety in ‘Illegal Prostitution’ in Sri Lanka

State Tourism Minister Diana Gamage of Sri Lanka has emphasized the need for regulating “illegal prostitution” disguised as spa or wellness centers to.

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