CBSL Projects Near 4% Economic Growth for SL in 2024
Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central.
Economics
Business
Melco Resorts Invests $1 Billion in Colombo’s ‘City of Dreams’ Project
Melco Resorts and Entertainment is making a significant investment in Colombo with its new $1 billion project, ‘City of Dreams Sri Lanka,’ aiming.
- July 31, 2024
Business
CPA Australia Explores New Collaborations with Sri Lankan Institutions
A delegation from CPA Australia, a leading global accounting body, has visited Sri Lanka to explore potential collaborations with local government bodies, professional.
- July 31, 2024
Economics
Sri Lanka’s Economic Revival:Ravi K Emphasizes Brain Gain and Policy Reforms
Former Finance Minister and Presidential National Organiser Ravi Karunanayake has underscored that Sri Lanka is on a path to economic recovery and transitioning.
- July 30, 2024
Finance
Sri Lanka’s Private Credit Grows in 2024, Government Credit Declines
Sri Lanka’s private sector credit saw a notable expansion of 146 billion rupees during the first half of 2024, according to official data..
- July 29, 2024
Economics
Central Bank Cuts Key Rates by 25bps to Stimulate Growth
The Central Bank has reduced its key policy rates by 25 basis points, bringing the Standing Lending and Deposit Facility rates to 9.25%.
- July 26, 2024
Business
Central Bank Lowers SDFR and SLFR by 25 Basis Points
The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR).
- July 25, 2024
Stock Market
Sri Lanka SEC and Maldives Sign Deal for Cross Listings
Sri Lanka’s Securities and Exchange Commission (SEC) has signed an agreement with the Capital Market Development Authority (CMDA) of Maldives to facilitate the.
- July 25, 2024
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s.
- July 25, 2024
Economics
June 2024 Export Earnings Boosted by Tea and Rubber Exports
Sri Lanka’s merchandise export performance for June 2024 reached $1,031.2 million, marking a 2.58% increase compared to June 2023. This growth was driven.
- July 24, 2024