Economics

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

Economics

Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms

According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.

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Economics

Sri Lanka Faces High Poultry Feed Costs Amid Maize Trade Controls

Sri Lanka is grappling with high poultry feed costs due to import duties and trade controls on maize, a key ingredient in animal.

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Economics

Sri Lanka Tea Crop Surges in September, Marginal Growth Recorded for First Nine Months of 2024

Sri Lanka’s tea industry witnessed a remarkable surge in September 2024, with tea production reaching a seven-year high of 24.13 million kilos, according.

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Economics

Sri Lanka to Revisit 2025 State Worker Salary Hike Decision: Minister Vijitha Herath

The Sri Lankan government will revisit the decision to increase state worker salaries in 2025, according to Minister Vijitha Herath. The previous cabinet.

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Economics

Foreign Inflows into Sri Lanka’s Government Securities Rise Amid Deflationary Policies

Foreign investment in Sri Lanka’s government securities surged last week, with Central Bank data revealing a 15.7 percent increase in foreign holdings. The.

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Economics

Tax Evasion Costs Sri Lanka Rs.80 Billion in 2023, IPS Study Finds

A recent study by the Institute of Policy Studies (IPS) reveals that the Sri Lankan government lost an alarming Rs.80 billion in tax.

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Economics

World Bank Projects 4.4% Growth for Sri Lanka in 2024

Sri Lanka’s economy is on the path to recovery, with the World Bank projecting a growth rate of 4.4% for 2024, surpassing previous.

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Economics

11,000 Acres from Kantale Sugar Company Allocated for Crop Cultivation

President Anura Kumara Dissanayake has instructed officials to allocate 11,000 acres of land owned by the Kantale Sugar Company to farmers for short-term.

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Economics

Sri Lanka-Canada Business Council Prepares for Mission to Strengthen Trade Ties

The Sri Lanka-Canada Business Council (SLCBC) held a crucial briefing with Prime Minister Dr. Harini Amarasuriya on October 10, 2024, in Colombo, as.

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Economics

Hambantota Port Sees 40% Increase in Vehicle Handling

The Hambantota International Port (HIP) experienced a remarkable 40% increase in the handling of roll-on/roll-off (RORO) vehicles between the second and third quarters.

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