Economics

A Glimpse of Recovery: Sri Lanka’s Economy Shows Signs of Improvement, But Challenges Remain

The World Bank’s latest Sri Lanka Development Update paints a cautiously optimistic picture of the nation’s economic future. While 2024 is projected to.

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Economics

Local Egg Production Ramps Up, Prices Expected to Fall in Sri Lanka

Good news for Sri Lankan consumers! The All Ceylon Poultry Traders Association (ACPTA) is urging the government to halt egg imports as local.

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Economics

LAUGFS Gas Announces Price Reduction for Domestic LPG

Sri Lanka’s economic climate is experiencing a positive shift, and LAUGFS Gas PLC is passing on the good news to consumers. Citing a.

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Economics

Sri Lanka’s Service Sector Sees Positive Inflows, Worker Remittances Rise

Sri Lanka’s service sector is showing positive signs with notable net inflows from tourism, transportation, and IT/BPO services. This is balanced by some.

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Economics

EY GDS Sri Lanka Soars: Doubling Down on Growth

EY Global Delivery Services (GDS) Sri Lanka is celebrating a remarkable second year and gearing up for even greater heights. The company is.

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Economics

Sri Lankan Central Bank Governor Discusses Economic Recovery and Monetary Policy

The Central Bank Governor of Sri Lanka addressed several key issues related to the nation’s economic recovery and monetary policy. He expressed frustration.

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Economics

Economic Indicators Reflect Positive Trends in Sri Lanka

By the end of March, Sri Lanka’s tourism sector demonstrated resilience and growth, reaching a milestone figure of USD 700 million in earnings..

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Economics

Sri Lanka’s Exports Inch Upward in February 2024, Highlighted by Agricultural Gains

Sri Lanka’s export sector witnessed a modest increase in February 2024, marking a positive trend after a decline in January. The total merchandise.

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Economics

Commercial Bank revolutionises annual report reading experienceCommercial Bank

In a groundbreaking move for investor relations, Sri Lanka’s Commercial Bank of Ceylon PLC unveiled an AI-powered Annual Report Assistant (AIPARA) for its.

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Economics

SriLankan Airlines: Restructuring for Sale, But at What Cost?

The Sri Lankan government’s recent decision to absorb a significant portion of SriLankan Airlines’ debt has sparked debate. While the move aims to.

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