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.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
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
Economics
Sri Lanka Economic Summit 2024: Driving Transformational Growth Through Sound Policies
The 24th edition of the Sri Lanka Economic Summit (SLES), organized by The Ceylon Chamber of Commerce, is set to take place on.
- November 27, 2024
Economics
NCCSL Congratulates New Government, Supports MSME Growth
The National Chamber of Commerce of Sri Lanka (NCCSL) President, Deepal Nelson, extended congratulations to the newly appointed Government, emphasizing the trust and.
- November 20, 2024
Economics
Aitken Spence Reports 10.4% Growth in EBITDA to Reach Rs. 8.9 Billion in 1H25
Aitken Spence PLC, a leading diversified conglomerate, announced a strong financial performance for the first half of the fiscal year 2025. The company.
- November 18, 2024
Economics
Sri Lanka’s Rupee to Remain Resilient, SLBA Chief Says
Sri Lanka’s rupee is expected to remain stable on a ‘very comfortable terrain’ in the coming years, with gross foreign exchange reserves forecast.
- November 14, 2024
Economics
Policy Shifts in Sri Lanka’s Construction Sector After Polls
Sri Lanka’s construction sector is expected to undergo significant changes under the leadership of new President Anura Kumara Dissanayake and the leftist National.
- November 14, 2024
Economics
Economic Sentiment Rises as Business Confidence Rebounds – Survey
The latest edition of LMD, a leading business magazine, reveals a significant boost in economic sentiment following Sri Lanka’s recent presidential election. The.
- November 13, 2024
Economics
Sri Lanka’s Pharmaceutical Sector Shows Signs of Growth After Economic Crisis
Sri Lanka’s pharmaceutical sector is beginning to show signs of recovery, with sales starting to grow after the country’s severe currency crisis in.
- November 11, 2024