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.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
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.
- May 2, 2024
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.
- May 2, 2024
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.
- May 2, 2024
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.
- April 30, 2024
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.
- April 30, 2024
Economics
MRCC Colombo Facilitates Transfer of Ailing Fisherman, Boosting Blue Economy Efforts
A Sri Lankan fisherman, who fell ill while at sea, was rescued and brought ashore last Saturday (27) following an urgent call for.
- April 29, 2024
Economics
Ceylon Chamber Applauds National Digital Economy Strategy
The Ceylon Chamber of Commerce has emphasized the crucial importance of implementing the National Digital Economy Strategy 2030 with active involvement from the.
- April 29, 2024
Economics
Sri Lanka’s Automotive Market Braces for Decline
Industry analysts predict a rapid cooling of Sri Lanka’s overheated second-hand car market following the partial relaxation of import controls for tourism. The.
- April 29, 2024
Economics
Sri Lanka Anticipates 8.5% Credit Growth, $20 Billion Imports in 2024
Sri Lanka’s central bank has outlined its economic projections for 2024, anticipating a 3.0 percent growth and a recovery in private credit to.
- April 29, 2024